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Innovative Approaches To Retail And PCI Compliance

PYMNTS

And in payments innovation, tokenization and data vaulting take the sting out of payment card industry (PCI) compliance. 6.8B: Estimated size of the global tokenization market by 2027. . 6.8B: Estimated size of the global tokenization market by 2027. consumer’s whole paycheck. All this, Today in Data.

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Japan’s Mega Banks to Cut 33,000 Jobs

Bank Innovation

Japan’s is Mizuho Bank is cutting 19,000 jobs by 2027, following in the footsteps of Nordea Bank, which last week announced it was cutting 6,000 jobs by 2020. Two other major banks Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group will also be cutting jobs over the next few years. A total of 33,000 […].

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Innovative Approaches To Retail, Digital Payments And Healthcare 

PYMNTS

87.6B: Projected value of the global payment gateway market by 2027. And shoppers want technology solutions like self-checkout in post-COVID-19 retail environments, while healthcare companies are teaming with pharmacies to provide patients with access to primary care clinics. All this, Today in Data. 30: Number of underserved U.S.

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Hyundai, Apple Said To Be Ready For Electric Car Agreement By March

PYMNTS

The report follows a statement from last week where Hyundai Motor said it was in early talks with Apple, after a local media outlet had reported that the two were aiming at 2027 for a launch of the car. The companies will likely start production by 2024. That announcement sent Hyundai shares up 20 percent.

Apple 194
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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7 Many firms are turning to payments orchestration providers, equipped with tokenization and data vaults, to help manage their compliance operations. The global tokenization market is even expected to reach $6.8 percent over the next seven years.

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Scotiabank: Why Banks Need To Rethink Personalization

PYMNTS

billion by 2027, generating a compound annual growth rate (CAGR) of 13.6 The banking industry is scrambling to cope with the ongoing pandemic and is altering branch operations, investing in digital banking innovations and exploring several other avenues for customer engagement. The global digital banking platform industry generated $3.95

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Former Worldbank CEO On ClearBank’s New Core Banking Infrastructure And Driving FinTech Innovation

PYMNTS

that resulted in the reduction in the number of clearing banks to four, the incredible rise in FinTech innovation in the U.K. and the dearth of anyone innovating in core banking systems — or even talking about establishing a new clearing and settlement bank that might expedite FinTech innovation. On a global scale.