PYMNTS

JANUARY 24, 2020

The country is “one of the most heavily cash-dependent economies in the world” and the government now intends to move consumers away from a traditional reliance on cash and double the cashless payments transactional rates to 40 percent by the year 2027.

Training 140

Training Payments Marketing Retail 140

PYMNTS

FEBRUARY 5, 2019

According to a report in Money Control citing Iyer, the executive expects the online retailing market to see growth of six times to reach 12 percent during the next decade. Around 40 percent of total consumption by 2027 from the current 27 percent will be from the middle class,” Iyer said.

Online 177

Online Marketing Strategy Retail 177

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

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

OCTOBER 9, 2018

The All India Online Vendors Association (AIOVA), which represents more than 3,500 online sellers, filed an antitrust complaint last week with the Competition Commission of India ( CCI ). It is expected to reach $70 billion in GMV and $11 billion in net sales by 2027.

Groups 151

Groups Compliance Regulation Online 151

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

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. Around The Cloud Banking World. Some expressed hesitancy surrounding sharing their U.S.

Compliance 191

Compliance Digital Banking Security Online 191

PYMNTS

SEPTEMBER 9, 2020

billion by 2027, growing at a CAGR of 31.4 If a fashion company, for example, decides to put a fashion show online with links to purchasing the goods, it will need to advertise the show and its availability. In fact a new report puts the global market for social commerce at $89.4 billion this year and says it will reach $604.5

Marketing 209

Marketing Report social media Course 209

PYMNTS

JULY 8, 2019

Fiverr , an online marketplace for freelance services, is seeing waves of red ink as international stock is trading lower, but riding a sea change in the employment picture, might the tide turn for the company? The IPO has come and gone. JMP estimated the total addressable market at $160 billion. It’s big business, as the U.S.

United States 116

United States Study Online Report 116

PYMNTS

JANUARY 28, 2019

Both want a piece of the growing eCommerce pie in the country as more people embrace online shopping. Prior to the new regulations, Reuters noted Morgan Stanley forecast the Indian eCommerce market to grow 30 percent annually, hitting $200 billion by 2027.

Compliance 116

Compliance Regulation Policies Meeting 116

PYMNTS

NOVEMBER 6, 2019

It’s the first time Apple has sold the device in its stores, although it was available online before. Reports said the high-end of Morgan Stanley analysts peg potential sales as high as $313 billion by 2027. Apple Contribution. Apple posted $266 billion in total revenues for 2018, reports noted. “At

Data 100

Data Apple San Francisco Analytics 100

PYMNTS

JANUARY 8, 2021

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. Many consumers are now expecting that they will be able to conduct the whole of the lending process online, for example, even when that comes to traditionally complicated loans, such as mortgages.

Lending 163

Lending Examples Tools Meeting 163

PYMNTS

JUNE 18, 2020

billion in annual spending on PPE projected by 2027. In the last few months, we’ve seen companies focus on selling goods and buying inventory online. Manufacturers are also repurposing their industrial equipment, reviving decommissioned factories and converting their existing layouts and workflows to create new items,” the report says.

Payments 132

Payments Report Company Meeting 132

PYMNTS

NOVEMBER 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks. The expected size of the digital payments industry by 2027 is $2.4

Retail 131

Retail Payments Apple Online 131

PYMNTS

MARCH 27, 2019

Online marketplace Mercari and chat company Line have teamed up for mobile payments amid strong competition in the cashless payment space in Japan, Nikkei Asian Review reported. The government is now aiming to double the rate of cashless payments by 2027 to 40 percent.

Payments 108

Payments Mobile Google Apple 108

PYMNTS

JUNE 21, 2019

workforce by 2027. Many professionals, largely driven by the appeal of flexibility, are meanwhile choosing to become independent workers. In all, freelancers are expected to comprise more than half of the U.S. The remote nature of such gigs can be key to enabling worker participation in industries that lack strong local footprints.

New York City 109

New York City New York Payments Technology 109

Abrigo

MAY 30, 2023

This means that in addition to banks and credit unions, other lenders subject to the rule’s mandates are finance companies, online lenders, Community Development Financial Institutions (CDFIs), government lenders, and nonprofit lenders. This 2026 data needs to be reported to the CFPB by June 1, 2027.

Compliance 195

Compliance Lending Data Regulation 195

PYMNTS

JULY 23, 2018

Blockchain is projected to own 10 percent of global GDP by the year 2027. cards in their wallets, and that the average email address is associated with more than 130 online accounts. . Blockchain Disruption . Switch, Inc., The company cites data showing that the average consumer carries 3.2 B2B Card Payments .

blockchain 108

blockchain Cards Study Seattle 108

PYMNTS

JUNE 24, 2019

It’s not going to get any easier, either, as healthcare spending may reach $6 trillion by 2027, as noted by the federal Centers for Medicare and Medicaid Services. Of course, where there are pain points, there also lies any number of prescriptions to cure what ails the system.

Payments 134

Payments Course Data Philadelphia 134

PYMNTS

AUGUST 15, 2019

And insofar as they shopped online, cards (credit and debit) were preferred by nearly three-quarters of respondents. Mobile wallets register — with a little over 3 percent of consumers reporting use, decisively beaten out by cash-on-delivery ordering (12.5 percent) and paying for orders with cash in convenience stores (17.5 percent).

Mobile 154

Mobile Payments National Marketing 154

CB Insights

JUNE 7, 2021

The rapid acceleration of online commerce and shift to digital payments has been a major contributor to Marqeta’s momentum — and it doesn’t show any signs of slowing down. G lobal online sales are expected to reach $4.8T This also benefits Marqeta as consumers and businesses are buying more goods and services online.

Cards 73

Cards Innovation Payments Fintech 73

PYMNTS

APRIL 17, 2017

In 1997, he founded Worldpay, an online payments processor based in the U.K. Kinda makes you wonder what the year 2027 will bring. Nick Ogden seems to have a thing for years that end in seven. that he sold to RBS in 2002. While domiciled and launching in the U.K.,

Innovation 101

Innovation Fintech System Regulation 101

CB Insights

OCTOBER 3, 2018

Mizuho Financial Group in Japan says it will use AI to replace 19,000 people by 2027 — about a third of its workforce. The system uses machine learning to identify fake news and malicious digital content meant to deceive people online. Google will continue to publicly work with the DOD until the Project Maven contract expires in 2019.

Google 69

Google Industry Arizona US 69