This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. In 2023, we expect to see this response exaggerated and heightened. Here are some of the biggest payment trends we’re forecasting for the new year. million in 2024.
In payments innovation, mass transit is driving the global future of contactless payments. And in retail, Apple is embracing installment payments as it plans to make its iPhone products and wearables more accessible to customers. percent: Expected CAGR of the eInvoicing market from 2017 to 2026. $16: All this, Today in Data.
IoT-enabled televisions, refrigerators and even vehicles are becoming mainstream, and even smartwatches are seeing the effects of connected innovation. trillion | Estimated revenue in USD that mobile network operators stand to gain by 2026, achieved through early deployment of commercial low-power wide-area (LPWA) networks.
Online retail continues to grow in the country, and that market could hit $200 billion by 2026 if one goes by a Morgan Stanley estimate. The coming months will no doubt bring further development, innovation and investment in those areas as the move to a global digital economy continues.
The first compliance deadline of April 1, 2026, impacts the largest organizations. After all, to remain competitive and compliant, financial services firms must innovate in ways that add business value, meet consumers’ evolving expectations, and build trust. The ruling demands action from all non-depository firms (e.g.,
More Data, More Innovation. financial services sector as consumers embrace digital technology for the banking and retail industry. billion payments by 2026. These rules are also designed to give banks and third-party platforms access to the tools they need to innovate and deliver new products and services.
Consumers who get more, want more — which puts the pressure on FIs to innovate for more complex needs. 200 billion : Estimated worth of India’s eCommerce market by 2026. 63 percent : Share of FIs that report meeting a customer need as the main driver for innovation. However, where there is opportunity, there are challenges.
percent between 2017 and 2026. Companies across the globe are innovating their mPOS solutions for faster, more secure services. Companies across the globe are innovating their mPOS solutions for faster, more secure services. Around the Mobile Point-of-Sale World. Tech giant Apple is also upping its payments game.
When it comes to payments and technology innovations, some industries are seeing massive growth, and others are seeing declines. 6 billion | Total revenue brought in by the cannabis industry in 2016, a figure that some estimate will grow to as much as $50 billion by the year 2026. By comparison, U.S.
percent between 2017 and 2026. Consumers in countries that commonly see credit and debit card use expect all retailers to allow them to pay in those ways, thereby generating merchant demand for mPOS solutions. Others, like payment card reader provider Clip, are also seeking to help innovate the Mexican economy. and Canada.
These are just some of the ways merchants – as well as technology providers – are using biometrics or other digital innovations to onboard customers or help them make purchases: Almost three quarters – or 74 percent – of customers consider security the most important element of their online experience.
Despite Chris Rock’s old adage that people “don’t sell drugs, drugs sell themselves,” being in the legal — or at least legal-ish — business of cannabis retail is surprisingly difficult and friction-filled work. The problem is not in moving the supply. As a point of comparison, U.S.
Restaurants seem to be taking innovation to heart, particularly as they prepare to face increased competition in an ever-growing market. The global POS restaurant management systems market is expected to reach $30 billion by the end of 2026, representing a compound annual growth rate of 12.4
We got the inside scoop of what the ballpark of the future might look like from FIS’s Bob Legters, chief product officer of FIS Global Retail Payments, and David Wright, Minor League Baseball’s chief commercial officer — and what brought two such different organizations together to build it. It is not an ideal setup for innovation.
BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. First Name. The Amazon Ecosystem Effect.
Samsung and AT&T have partnered to create the United States’ first manufacturing-focused 5G “ Innovation Zone ” in Austin, Texas. 5G could lead to innovative solutions in energy production, transmission, distribution, and usage. Using 5G technology in healthcare is estimated to represent a $76B revenue opportunity in 2026.
The first compliance deadline of April 1, 2026, impacts the largest organizations. After all, to remain competitive and compliant, financial services firms must innovate in ways that add business value, meet consumers’ evolving expectations, and build trust. The ruling demands action from all non-depository firms (e.g.,
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content