PYMNTS

SEPTEMBER 9, 2020

billion by 2027, growing at a CAGR of 31.4 The potential for this technology to target advertising more tightly than ever, to collapse the length of the funnel between awareness and purchase, and to nimbly respond to changes in the marketing context is obvious.”. In fact a new report puts the global market for social commerce at $89.4

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PYMNTS

JANUARY 27, 2021

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 trillion by 2027, according to a June report. We developed QR Pay to provide a completely touchless payment experience that’s secure, safe, and convenient.”.

Payments 141

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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.

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PYMNTS

SEPTEMBER 22, 2020

Many are debating upgrades or shifts to their data security standards, meaning that FIs will need to move fast to make sure where and how they are using cloud technologies to store this information complies with those changes. Banks are continuing their ongoing movement to the cloud even as data and security questions continue to grow.

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PYMNTS

AUGUST 7, 2020

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. Online gambling is also picking up, with the market predicted to be worth $102.9

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PYMNTS

MAY 13, 2019

As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

Retail 177

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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

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 trillion by 2027, according to a recent report by Grand View Research. We developed QR Pay to provide a completely touchless payment experience that’s secure, safe, and convenient.”.

Pennsylvania 130

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PYMNTS

MAY 14, 2020

By using digital technology and tapping the right network of industry leaders, he was able to create a banking platform for people in situations like he was as a consultant. workforce by 2027. Ahmed launched Oxygen when he encountered banking problems while running a freelance consultancy business.

Fintech 134

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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

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. According to the Centers for Medicare and Medicaid Services , healthcare expenditures in the U.S. That may not come as much of a surprise. The Faster Road Forward .

Payments 227

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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

Retail 121

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TheGuardian

APRIL 29, 2023

Last week, Taiwan’s foreign minister said he was preparing for the possibility of a conflict with China in 2027 , and a leaked memo from a four-star US general said his “gut” told him the US – which is committed to defending Taiwan – would be at war with China in 2025. Continue reading.

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PYMNTS

JULY 19, 2018

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. At the same time, they are facing new competition from smaller, nimbler financial technology upstarts that are, in some cases, able to move on a dime to reach customers that traditional banks are often unwilling – or unable – to do business with.

Fintech 117

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BankInovation

SEPTEMBER 12, 2023

The cross-border payments industry is expected to hit $250 trillion by 2027, up from $150 trillion a decade before in 2017, as adoption grows and technology, including real-time payments, AI and new payment rails, evolves.

Payments 69

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Bobsguide

APRIL 20, 2018

This editor's picks analyses trading from all sides - the legislation, the emerging technologies and the best practice shared by the thought leaders in the bobsguide community. Technology, MiFID II and 2027: The changing face of the post-trade industry [3:30.

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PYMNTS

JUNE 23, 2020

trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. The combination of these technologies can then be used to facilitate cross-border payments that process exchange rate differences and AML/KYC screening standards automatically.

Payments 162

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PYMNTS

MAY 20, 2019

percent growth forecast for the global kiosk market from 2019 to 2027. Payment at a kiosk is often the preferred option for consumers these days, as kiosks are benefiting from vastly improved designs and are leveraging artificial intelligence (AI) technology to meet consumers’ needs. The Kiosk Evolution.

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PYMNTS

MAY 15, 2017

This is around the same time that artificial intelligence (AI) and natural language processing saw major technological advancements and were incorporated into chatbots along with automation and analytics. According to Forrester’s research , automation overall won’t have a significant impact on the job arena until 2027.

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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

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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PYMNTS

JUNE 21, 2019

workforce by 2027. Martin Chikilian, vice president of talent operations for freelancing marketplace Toptal , observed that many software developers in Córdoba, Argentina, where he lives, work remotely for Silicon Valley and New York City technology firms, for example. Screening cannot be entirely left to technology, however.

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PYMNTS

JUNE 18, 2020

billion in annual spending on PPE projected by 2027. Manufacturers are also repurposing their industrial equipment, reviving decommissioned factories and converting their existing layouts and workflows to create new items,” the report says. Numbers are fairly staggering even as COVID-19 infections slowly recede, with $98.3

Payments 132

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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.

Payments 162

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PYMNTS

FEBRUARY 7, 2020

billion by 2027. Powered by Google Search infrastructure and leveraging artificial intelligence (AI) technologies, Google Cloud Search for Retail will give retailers deeper level reports on product search results for their websites and mobile applications. According to GSMA, the total number of IoT connections accounted for 9.1

Google 133

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South State Correspondent

MAY 22, 2024

Between now and the end of 2027, it is estimated that $2.2T While technology companies continue to downsize, certain sectors, such as financial services, lawyers, and insurance, continue to increase demand for space. of office loans is coming due. Much of this product lies on banks’ balance sheets.

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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 3, 2019

Digital technology and payment methods are playing big roles in fueling advances and boosting the appeal of unattended retail. Vengo Labs CEO and Co-Founder Brian Shimmerlik told PYMNTS in a January interview , “We love shrinking down, and bringing the design and technology a whole new flavor.

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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 billion in 2022, according to a recent?report?from from research firm Markets and Markets.

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PYMNTS

JULY 23, 2018

The development of new technologies is threatening to disrupt the business models of many of these traditional players, as fast, efficient and low-cost platforms are providing access to capital that traditional banks are either unwilling or unable to deliver to the marketplace. . Blockchain Disruption . Lingering Fraud Risk .

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PYMNTS

AUGUST 15, 2019

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. PayPay And Signs Of Mobile Acceleration.

Mobile 154

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PYMNTS

JANUARY 13, 2020

She pointed to 2019 research from the Boston Consulting Group, which predicted that global trading on open accounts will make up as much as 60 percent of trade finance revenues — up from the current 45 percent — by 2027.

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The Paypers

MAY 26, 2020

Coherent Market Insights ’ analysis has unveiled how mobile payments are increasingly becoming a vital instrument in various markets, especially in emerging economies.

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American Banker

AUGUST 12, 2024

Minneapolis-based buy now/pay later fintech Sezzle has partnered with the Minnesota Timberwolves of the National Basketball Association to have its brand represented on uniforms until 2027.

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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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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

But by 2027, Research Nester estimates that number will have swollen to $34.4 The demand for the device has been reasonably healthy, however, and Amazon’s spokesperson confirmed that any customer who requests an invitation for Alexa Auto will receive one. The global smart speaker market was worth around $4.3

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