BankInovation

AUGUST 4, 2022

Financial institutions’ interest in robotic process automation (RPA) has increased with the improving technology. The global RPA and hyper-automation market size will grow to $26 billion by 2027 from $9.2 from research firm Markets and Markets. billion in 2022, according to a recent?report?from

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PYMNTS

JANUARY 27, 2021

The platform offers website templates, product and order management, and marketing tools. The payment processor introduced contactless pay technology in June, called QR Pay , to allow businesses to let customers pay for goods by scanning QR codes on their phones. “As The overall contactless payment market is expected to hit $4.68

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PYMNTS

JANUARY 24, 2020

Mercari , the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami , a payments platform also in Japan. markets against larger companies with similar business models like Craigslist and eBay, Mercari intends to improve current money losses with the expansion. With plans to compete in U.S.

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PYMNTS

OCTOBER 2, 2020

There are many technologies that can help keep customers’ data safe, with increasing market interest in tokenization in particular. The global tokenization market is even expected to reach $6.8 billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7 percent over the next seven years.

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PYMNTS

NOVEMBER 5, 2020

Companies are seeking to update their AP approaches while also wrestling with budget pains due to the economic crisis and reconsidering how much they can afford to spend on technologies. percent from 2020 to 2027. Find more on these and all the rest of the latest headlines the report. Read more in the report. About The Report.

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PYMNTS

JULY 18, 2017

Artificial intelligence (AI) has helped to swing the pendulum in favor of chatbots, along with other technology integrations, into a sweet spot that’s helping to likely streamline processes throughout retail. By the year 2027, Forrester is predicting U.S. Between now and 2027, however, there will be 24.7 employment will see a 9.8

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PYMNTS

JANUARY 8, 2021

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. The Tracker also explores what tools and technologies may prove beneficial for lenders looking to meet those needs.

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PYMNTS

SEPTEMBER 22, 2020

A significant portion of consumers in various global markets are even planning to increase their use of digital banking services in the coming months, which means banks are going to need to seamlessly support a new flood of digital consumers’ requests, as well as the data that comes with them.

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PYMNTS

FEBRUARY 7, 2020

The global location intelligence market size was valued at $10.6 Factors such as the growth in portable navigation devices, web-mapping services and smartphone applications are contributing to the market growth. billion by 2027. Google is bringing it to the broader retail market this year.

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PYMNTS

FEBRUARY 17, 2020

are expected to approach $6 trillion by 2027, with an annual growth rate that will eclipse GDP growth for that same period. In healthcare, you have a lot of people trying to go into the market, but there isn’t a leader,” Massaro remarked. According to the Centers for Medicare and Medicaid Services , healthcare expenditures in the U.S.

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PYMNTS

JULY 3, 2019

Digital technology and payment methods are playing big roles in fueling advances and boosting the appeal of unattended retail. Indeed, the estimated value of the global intelligent vending machine market by 2025 is $15 billion. Not only that, but the projected CAGR of the global interactive kiosk market from 2019 to 2027 is 6.1

Retail 122

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PYMNTS

JUNE 23, 2020

The cross-border eCommerce market presents a massive growth opportunity for businesses looking to expand, as eCommerce sales are expected to reach $18.9 trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. The ongoing pandemic is fueling this demand for digital commerce options.

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PYMNTS

AUGUST 7, 2020

Online gambling is also picking up, with the market predicted to be worth $102.9 percent compound annual growth rate (CAGR) globally from 2020 to 2027. . The technology uses individuals’ unique biometric credentials, such as their fingerprints or facial scans, to verify their identities before allowing them to log on to platforms.

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PYMNTS

OCTOBER 31, 2019

The fleet management space is a hotbed for technological innovation, thanks to solutions like Internet of Things (IoT) connected cars, autonomous vehicles and a bourgeoning SaaS ecosystem designed to boost control over all aspects of fleet, from repairs to driver time tracking. Technological Opportunity.

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PYMNTS

JULY 23, 2018

Legacy banks around the world have been under tremendous pressure in recent years to transform their business models, as upstart FinTech companies are removing the barriers to entry and credit access that have kept large numbers of growth businesses and consumers out of the market. market, for example, quadrupling to $3.4 billion. .

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PYMNTS

MAY 20, 2019

The intelligent vending machine market, measured globally, could be worth as much as $15 billion by 2025. percent growth forecast for the global kiosk market from 2019 to 2027. A number of factors were, have been and will continue to be at play in achieving and sustaining that growth, he told PYMNTS. The Kiosk Evolution.

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PYMNTS

DECEMBER 11, 2018

That figure could rise to 50 percent, it estimates, by 2027. “You’re seeing the global freelancer market pick up tremendously, in part, because of the technology infrastructure being built to allow for this.” working population. It’s not a U.S.-only France and the Netherlands, according to IPSE.

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PYMNTS

AUGUST 15, 2019

It’s the market that should ignite but stubbornly refuses to. They are eager participants in modern eCommerce, and Japanese firms were literally on the ground floor of the development of mobile payments since Japanese firms invented the two key cashless payments technologies that power the vast majority of mobile payments done today.

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PYMNTS

JUNE 24, 2019

Earlier this month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payments technologies to the community banks. workforce in Q4 2018, a number that’s expected to tip over to a majority share by 2027. Adoption depends greatly on partnerships to make RTP more accessible. percent of the U.S.

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PYMNTS

MARCH 2, 2020

By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. Healthcare in the U.S. is a massive industry. According to the Centers for Medicare and Medicaid , $3.5 trillion — or roughly $11,000 per person — was spent in the U.S.

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NCR

DECEMBER 13, 2017

The debate surrounding blockchain – or more specifically distributed ledger technology (DLT) – and its viability for widespread rollout across the global financial system rumbles on, but it seems that we are beginning to see clearer signs of how this area of innovation could have a real impact on the industry.

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PYMNTS

SEPTEMBER 24, 2019

Amazon controls about 25 percent of the global smart speaker market. The global smart speaker market was worth around $4.3 But by 2027, Research Nester estimates that number will have swollen to $34.4 The newest Echo Dot made its debut at last year’s event. billion in 2017, according to Allied Research Partners.

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PYMNTS

JANUARY 13, 2020

trillion gap in available trade finance, non-bank players have flooded the market to address the demand — and introduce efficiencies to an area of finance that has historically been bogged down by paper, manual processes and burdensome compliance requirements.

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CB Insights

JUNE 7, 2021

It handles the back-end payment technology while working with banks that process the payment transactions. . Amid the pandemic-driven acceleration of e-commerce and shift to digital payments, Marqeta has seen rapid growth in revenue and demand for its card-issuing technology. Marqeta is currently trading at $16B in the private market.

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Fintech Labs Insights

OCTOBER 8, 2020

Customers select from six investment themes: green energy, clean technology, clean water, sustainable food, recycling or sustainable transport. Target market : Climate-conscious millennials. Market size : $60B in the UK by 2027 (source: Green Growth pitch above). Raising : $750k. per $1B under management.

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PYMNTS

JUNE 24, 2019

Just as technology and platforms have changed commerce, they are changing healthcare as well, refashioning the landscape and ways in which health data flows, how it is used and, at the other end of the spectrum, how we pay for care as it is delivered — without breaking the bank. trillion in 2018. The Continuum Of Care, Data-Driven.

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PYMNTS

AUGUST 23, 2019

Walmart’s move on skincare could have been forecast simply by looking at skincare’s $123 billion in global revenue in 2018, or the $175-$200 billion it is forecast to generate annually by 2027. Likewise, Amazon doubling down in the world of fashion is very much in line with recent releases by the eCommerce giant over the last year.

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FICO

JULY 11, 2017

The key development that most would attribute to overcoming this common challenge is the development of neural network technology that has allowed us to train models that help machines make complex decisions at a higher, more abstract level similar to the way the brain functions. what it is today. Making Progress Today.

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PYMNTS

JUNE 24, 2020

Shift4 Payments calls its contactless technology QR Pay and says it won’t cost existing Shift4 clients extra to add the service. “As The overall contactless payment market is expected to hit $4.68 trillion by 2027, according to a recent report by Grand View Research. QR code-based payments already are routine in China.

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South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. Real-time Payments (RTP) and FedNow are expected to exceed 13B payments annually by 2027.

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