Bank Innovation

OCTOBER 31, 2017

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 […].

Groups 281

Groups Online Retail 281

PYMNTS

JULY 17, 2020

The rise in online shopping amid the pandemic is making digital payment options essential to healthy cash flow. 87.6B: Projected value of the global payment gateway market by 2027. Smart routing is quickly gaining momentum as one of the tools at a merchant’s disposal. All this, Today in Data. 30: Number of underserved U.S.

Retail 136

Retail Innovation Payments Data 136

PYMNTS

JULY 22, 2020

A study from AppsFlyer and Google found that global ATM use had decreased by 50 percent since the beginning of the outbreak as social distancing and stay-at-home orders have increased customers’ reliance on mobile apps and online banking options rather than ATMs. billion by 2027, generating a compound annual growth rate (CAGR) of 13.6

ATM 225

ATM Digital Banking Alabama Study 225

PYMNTS

SEPTEMBER 22, 2020

Many financial institutions (FIs), especially online-only entities, moved their digital banking infrastructure to the cloud years ago to prepare for a rising crop of digital users, but the pandemic’s impact goes deeper. Deep Dive: Why The Pandemic Is Pushing Up The Cloud Compliance Innovation Curve. Around The Cloud Banking World.

Compliance 191

Compliance Digital Banking Security Online 191

PYMNTS

OCTOBER 2, 2020

With more consumers than ever going online to shop and pay, merchants are building and expanding their digital capabilities to meet this demand for digital commerce. billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7 Around The Pa yments Orchestration Ecosystem. percent over the next seven years.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

JULY 16, 2020

This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8 The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing.

Mobile 181

Mobile Payments System Bitcoin 181

PYMNTS

APRIL 17, 2017

In 1997, he founded Worldpay, an online payments processor based in the U.K. that resulted in the reduction in the number of clearing banks to four, the incredible rise in FinTech innovation in the U.K. FinTech innovators to access infrastructure that was as innovative as their ideas. that he sold to RBS in 2002.

Innovation 101

Innovation Fintech System Regulation 101