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Valley Bank to be 100% cloud native by 2026

BankInovation

Valley Bank is looking to move all its operations to the cloud by 2026 to achieve efficiency and scalability. based bank has between 75% and 80% of its operations on the cloud already, Chief Operations Officer Russ Barrett told Bank Automation News. The $61 billion, Morristown, N.J.-based

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FedEx Makes Major Foray Into eCommerce By Buying ShopRunner

PYMNTS

Once the FedEx acquisition closes, ShopRunner will operate as a subsidiary of FedEx Services, which provides a range of back-office functions, including IT, communications, technical support, billing and sales and marketing. Customers receive free two-day shipping, free returns, member-exclusive discounts and seamless checkout.

Chicago 285
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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

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. All of Instagram’s shopping features allow users to add items from multiple vendors into an Instagram-operated cart.

Industry 471
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Deep Dive: How Restaurant Operators Are Driving mPOS Evolution

PYMNTS

Recent research indicates that restaurant operators are no longer interested in taking a back seat when it comes to industry evolution, and instead want to be active participants as new POS and payment options are unveiled. Impacts on Day-to-Day Operations. Operators can’t neglect in-store service, however.

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mPOS At 37,000 Feet

PYMNTS

percent from 2017 to 2026, many solution providers are looking to use partnerships as a boost to snag a bigger share of the growing market. The merger is intended to help the companies bring their products and operations to foreign markets. Around the mPOS space, providers are teaming up, merging or making acquisitions.

Software 220
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Data Governance in Banking and Financial Services – Importance, Tools and the Future.

Perficient

Companies like American Express have adopted Alation’s tools to streamline their data governance operations. A recent study from IDC suggests that by 2026, 70% of financial institutions will have formalized data governance frameworks in place.

Tools 221
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UBS to complete Credit Suisse integration by 2026

BankInovation

UBS continues to integrate Credit Suisse into its operations, dealing with high general and administrative costs related to the acquisition.