North American cashless payments to climb 7% by 2028: report
Payments Dive
SEPTEMBER 12, 2024
Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
Payments Dive
SEPTEMBER 12, 2024
Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.
BankInovation
JANUARY 29, 2024
billion by 2028, according to a January report by market research group The Business Research Co. The peer-to-peer payments market is growing as consumer demand ticks up and new competitors enter the space. P2P payment market size is expected to reach $6.4 In fact, 81% of banked U.S. consumers have P2P accounts, according to a […]
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Payments Dive
OCTOBER 7, 2024
The number of banks receiving real-time payments will outpace the number of those sending payments through at least 2028, according to a new survey by the U.S. Faster Payments Council.
The Paypers
MAY 2, 2024
Juniper Research has published a new study showing that instant payment transactions are set to surpass USD 58 trillion globally by 2028, competing with card payments.
The Paypers
JULY 4, 2023
Juniper Research has published a new study, which found that the value of payment transactions made with stablecoins will surpass USD 187 billion by 2028, from USD 53 billion in 2023.
Perficient
DECEMBER 29, 2023
percent by the statutory deadline of September 30, 2028. percent by September 30, 2028. percent by the statutory deadline of September 30, 2028. This action became necessary due to extraordinary deposit growth during the first half of 2020, causing the DIF’s reserve ratio to dip below 1.35
The Paypers
JUNE 28, 2023
Lithuania ’s main fintech representatives have just signed a Memorandum of Understanding confirming the country’s National Fintech Guidelines for 2023-2028.
The Paypers
SEPTEMBER 4, 2023
A new Juniper Research study has forecasted network-tokenised transactions to enable 85% of global ecommerce transactions by 2028.
The Paypers
MAY 3, 2023
Global technology company Mastercard has announced the acceleration of its initiative to eliminate first-use PVC plastics from its payment cards by 2028.
The Paypers
JANUARY 9, 2024
Juniper Research , an expert in payments markets, has conducted a study that predicts a 1,050% surge in the global transaction value processed via soft POS by 2028.
Bussman Advisory
APRIL 5, 2024
This week’s must-know stories in the FinTech, AI and Digital Asset space: Spot Bitcoin ETFs change the digital asset market, attracting billions in inflows Embedded Finance market to be worth $22bn by 2028 Ripple to launch U.S. More information on www.bussmannadvisory.com. dollar stablecoin appeared first on Bussmann Advisory AG.
The Paypers
JUNE 5, 2023
A new Juniper Research report has estimated that digital prepaid card usage will increase globally by 650% by 2028 as a result of a boom in digitalisation.
The Paypers
AUGUST 8, 2023
A recent Juniper Research study has found that the market revenue for Banking-as-a-platform is set to grow 1,125% by 2028, reaching USD 49 billion globally.
BankInovation
JULY 10, 2024
billion by 2028, with a compound annual growth rate of 16.7%, according to ACI Worldwide’s Prime Time […] Demand for real-time payments continues to grow globally, and the launch of the Federal Reserve’s real-time payments rail, FedNow, one year ago offers another avenue to send and receive funds instantly.
The Paypers
SEPTEMBER 4, 2019
(The Paypers) The Indian ecommerce market size is expected to reach USD 230 billion by 2028, according to an E-commerce Council of India (TECI) and ChannelPlay report.
The Paypers
OCTOBER 22, 2024
billion and create 167 million new bank accountholders by 2028. ACI Worldwide study has revealed that real-time payments are set to increase global GDP by USD 285.8
TheGuardian
APRIL 5, 2024
The complaints, most notably from Nationwide’s rival Santander, were that the Nationwide ad was misleading in stating that: “Unlike the big banks, we’re not closing our branches” – which holds true only until 2028. Continue reading.
The Paypers
APRIL 7, 2023
Global card scheme and issuer Mastercard has recently announced it is boosting efforts to remove first-use, PVC plastics from its payment cards by 2028.
American Banker
JULY 15, 2024
Powell's term on the Fed Board of Governors expires in 2028. The Federal Reserve chairman has two years left in his term, which he will serve regardless of who occupies the White House.
PYMNTS
JANUARY 23, 2020
50 percent: Share of the American workforce that will be made up of gig workers by 2028. And platforms that don’t innovate to support the gig economy’s payment needs will soon find themselves obsolete. All this, Today in Data. Data: $443B: Projected value of the gig economy by 2023. 1.4T: Total value of payments made by U.S.
PYMNTS
FEBRUARY 13, 2020
percent from 2019-2028 and is expected to comprise a $2.5 trillion industry by 2028, according to Boston Consulting Group. Tiger Global Management and Adage Capital Management also joined the round as new investors, with participation from existing investors. The global payments industry is expected to increase at a CAGR of 5.9
The Paypers
JULY 13, 2023
The Bank of London has formally applied for a EU banking license and has committed to a EUR 200 million investment and the hiring of 300 people in Luxembourg by 2028.
The Paypers
AUGUST 10, 2023
India-based Simpl has introduced an Artificial Intelligence-enabled Checkout Suite that may eliminate cash on delivery by 2028.
Payments Source
AUGUST 29, 2019
Finance predicting that by 2028, just 9% of payments will be in cash — even pocket money is going digital. As the U.K. rapidly transitions towards a cashless society — with U.K. And the disappearance of tactile interaction with cash changes how kids learn about budgeting.
American Banker
AUGUST 4, 2023
The five-year employment agreement with CEO Bryan Jordan follows a failed acquisition effort by TD Bank. The deal suggests that Jordan is seen as critical as the Memphis, Tennessee-based bank charts an independent course in the coming years.
PYMNTS
JANUARY 20, 2017
And will hold that position for some time — since the deal runs through 2028 and will give Alibaba a crack at the next three Asian Olympic games (South Korea in 2018, Japan in 2020 and China in 2022). The deal will also see Alibaba becoming a high-level Olympic sponsor — alongside household names like Coke, McDonald’s and Visa.
PYMNTS
JUNE 11, 2018
40 percent: Share of all packages ordered online expected to be delivered within two hours by 2028. There are technological solutions to protect that data, but — no matter which expert one asks — the consensus is that constant vigilance needs to be combined with all of them.
PYMNTS
JANUARY 15, 2020
The sponsorship deal runs for 12 years, started in 2017 and runs through the 2028 Olympic Games in Los Angeles. “We The company wants to bring its technological know-how to not only organizers and fans, but broadcasters as well.
PYMNTS
JANUARY 15, 2020
The sponsorship deal runs for 12 years, started in 2017 and runs through the 2028 Olympic Games in Los Angeles. “We The company wants to bring its technological know-how to not only organizers and fans, but broadcasters as well.
PYMNTS
DECEMBER 9, 2019
percent through 2028, according to Boston Consulting Group. The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn. Revenue growth in the business payments sector is expected to grow by around 5.6
PYMNTS
APRIL 14, 2020
workforce is expected to freelance by 2028.”. The resulting slower payments and invoicing can give ad-hoc workers less reliable payment schedules than full-time employees, exacerbating financial struggles. Late earnings disbursements can cause delayed bill payments – a rising concern when more than half of the U.S.
PYMNTS
SEPTEMBER 30, 2019
is expected to reach $64 billion by 2028, according to the retail analytics firm GlobalData , CNBC reported. The company is struggling with online competition and changing clothing trends, like sustainable fashion and secondhand clothing. High rents from an aggressive physical expansion also pose a problem. The used-fashion market in the U.S.
CFPB Monitor
AUGUST 10, 2021
Initially effective from 2014 to2018, the Pilot Program’s sunset date was extended to January 1, 2028. The California Department of Financial Protection and Innovation (DFPI) has issued proposed amendments to its regulations implementing the Pilot Program for Increased Access to Responsible Small Dollar Loans (Pilot Program).
South State Correspondent
APRIL 4, 2024
By 2028, debt as a percentage of GDP will reach a historical high of 106% and will reach 200% by 2050. The Nation’s Fiscal Health Historically, congress and various administrations have not made the difficult budgetary and policy decisions to reduce the federal deficit or curtail the growth of the federal debt as a percentage of GDP.
PYMNTS
SEPTEMBER 15, 2019
It will host year-round events, including Super Bowl LVI in 2022, the College Football National Championship game in 2023, and the Opening and Closing Ceremonies of the 2028 Olympic Games. Stanley Kroenke.
PYMNTS
JANUARY 27, 2020
Skip ahead again to 2028, when, by the best estimates, gig workers will make up more than half of the entire U.S. Market forces (and, some would say, unabashed corporate greed) repurposed legions of former full-timers into a virtual army of self-employed free agents. economy.
PYMNTS
JANUARY 21, 2020
During one presentation, as reported by Bloomberg , Nokia Oyj CEO Rajeev Suri said there will be “massive productivity growth” that could top 35 percent beginning in 2028. Those gains, geographically speaking, will materialize in the U.S. and then will be seen in China, India and the European Union.
PYMNTS
SEPTEMBER 4, 2019
The shortage could top 100,000 drivers in five years and 160,000 drivers in 2028. The trucking shortage is now in the tens of thousands of positions, according to American Trucking Association Chief Economist Bob Costello, as reported by USA Today. A shortage of trucking impacts the timeliness of supply chains, of course.
PYMNTS
DECEMBER 9, 2020
According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.
PYMNTS
MAY 8, 2019
And the offering comes as it was noted in the report that Southeast Asia’s outbound tourism is forecast to reach $115 billion by 2028. Those customers will be able to make reservations from Booking.com and Agoda.com. It also reported the app’s “Videos” tap will offer on-demand video streaming by the second quarter of 2019.
PYMNTS
JANUARY 16, 2019
It will ultimately reach 25,000 by 2028. . “We haven’t posted roles in our Long Island City headquarters yet, but we’re excited to kick off our recruiting process later in 2019.” ” In New York, the company explained, it plans to add 700 jobs in 2019 and close to 3,000 by 2020.
PYMNTS
JULY 3, 2018
through 2028. With the completion of the deal, PayPal said it and Synchrony have extended their co-branded consumer credit card program agreement to make Synchrony the exclusive issuer of PayPal’s consumer financing program online in the U.S. “We’re pleased that we’ve completed the sale of our U.S.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content