BankInovation

NOVEMBER 18, 2021

Deploying blockchains — a technology used to maintain shared ledgers across a network of computers — could speed transfers, saving banks $10 billion by 2030, according to a recent report from U.K.-based Cross-border payments in their current form tend to be slow, costly and offer limited transparency and traceability.

blockchain 97

blockchain Payments Technology Report 97

PYMNTS

MARCH 3, 2020

The markets for automotive software and electrical/electronic (E/E) components is anticipated to reach $465 billion between 2020 and 2030, up from $238 billion, according to the McKinsey report Mapping the Automotive Software-and-Electronics Landscape Through 2030. Connected services are the future of the automotive industry.

Michigan 218

Michigan Software User Experience Strategy 218

Perficient

JANUARY 26, 2021

In 2019, the quantum computing market was valued at $507.1M; it is projected to grow at an annual growth rate of 56% during the forecast period (2020-2030), achieving $64,988.3M As you can see, the quantum market is highly competitive.

System 505

System Technology Data Marketing 505

Chris Skinner

DECEMBER 10, 2019

Things we’re reading today include … Deutsche Bank says crypto could replace cash by 2030 Would ‘getting Brexit done’ bring lots of new investment?

Fraud 213

Fraud 213

Bank Innovation

SEPTEMBER 17, 2018

By 2030 the global growth rate for use of automation technology in companies, including fintech and financial services, will stand at 15%. The advent of AI technology, with innumerable use cases for financial services, will also have a great impact on cost savings and output for companies.

Study 186

Study Fintech Technology Company 186

Abrigo

OCTOBER 22, 2024

Deloitte expects synthetic identity fraud to generate losses of at least $23 billion by 2030. They’re using more sophisticated techniques like synthetic identity fraud—where fake identities are built by combining real and fictional information. Here at Abrigo, we’ve been doubling down on innovation even when others were pulling back.

Security 221

Security Fraud Community National 221

The Paypers

FEBRUARY 20, 2025

Mastercard has unveiled its plans to phase out traditional 16-digit card numbers by 2030, marking a significant shift in payment technology.

Cards 60

Cards Technology Payments 60

PYMNTS

JUNE 2, 2020

GDP until 2030. Separately, the Congressional Budget Office (CBO) said on Monday (June 1) that the pandemic’s ultimate financial impact will likely be a decrease of $7.9 trillion to the U.S. In response to Sen.

Atlanta 276

Atlanta Report Data Company 276

Chris Skinner

NOVEMBER 28, 2017

Things we’re reading today include … RESEARCH: European banks’ reaction to PSD2 [PDF] Alibaba-Backed Paytm Aims to Become World’s Largest Digital Bank Rise of the robots to force 700m workers into new careers by 2030 Pound soars against the euro on Brexit divorce bill breakthrough UK banks can weather chaotic … The post Things (..)

Digital Banking 164

Digital Banking 164

TheGuardian

JUNE 6, 2023

In a speech to be delivered to the Australian Banking Association in Sydney on Wednesday, Chalmers will say there has been a 90% decline in the use of cheques over the past 10 years alone but it remains a legacy payment method, while other economies have transitioned to digital payments.

Payments 77

Payments System Security Technology 77

Chris Skinner

FEBRUARY 17, 2016

Things we’re reading today include … Apple Pay takes on China’s internet kings in mobile payments Apple Pay service launches in China Federal Reserve meeting minutes show uncertainty about global economy Number of UK homes worth more than £1m set to ‘triple by 2030’ Russia sues Ukraine over $3bn debt Brexit could benefit (..)

Apple 150

Apple Meeting Mobile Payments 150

Chris Skinner

JULY 11, 2016

The Bright Future The year is 2030. Europe grows from strength to strength, after the harmonisation agreements between the German Finance Minister, the European Central Bank and the European Parliament for the clearance for Quantitative Easing and bailout funds for Italy in 2018.

150

150

PYMNTS

OCTOBER 2, 2020

3.6T: Projected size of the "embedded finance" market by 2030. Data: $86B: Estimated spend on in-car commerce by 2025. 80%: Portion of global FI execs who believe banks will profit from embracing platform business models. 30%: Salesforce’s estimate of year-over-year growth in global digital commerce during Q4. 25%: Share of U.S.

Innovation 167

Innovation Digital Banking Data Fintech 167

PYMNTS

JANUARY 14, 2021

This initiative aligns with priorities set for both Saudi Vision 2030 and for the Financial Sector Development Program (FSDP). Through the development of new financial products customized to specific customer segments, the initiative is also intended to bring about financial inclusion in Saudi Arabia, according to the report.

Innovation 225

Innovation Policies User Experience Security 225

BankInovation

JUNE 25, 2024

According to auto lender and Pagaya partner Ally Financial, POS financing is expected to reach a value of more than $81 billion by 2030. Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of “The Buzz” podcast.

Lending 121

Lending Retail Technology Payments 121

PYMNTS

OCTOBER 7, 2020

But thanks to the coronavirus, the World Bank does not think extreme poverty will be eradicated by its original estimate of 2030. Extreme poverty has dropped for the past five decades despite natural disasters and war. People living in poverty — less than $3.20

Groups 220

Groups Meeting Capital Innovation 220

PYMNTS

JUNE 13, 2017

Tech titan Elon Musk of Tesla is predicting the AI takeover to occur much sooner, by 2030. In a tweet responding to this study, Musk said, “Probably closer to 2030 to 2040 IMO. To adapt public policy, we need to better anticipate these advances.”. 2060 would be a linear extrapolation, but progress is exponential.”.

Study 171

Study Policies Technology Regulation 171

PYMNTS

NOVEMBER 9, 2016

But cyberattacks cost these firms $2 trillion in damages, with researchers forecasting that figure to spike up to $90 trillion by 2030 if businesses don’t change the way they protect corporate data.

Survey 196

Survey Security Data America 196

PYMNTS

SEPTEMBER 23, 2020

Research firm Cowen estimated in July that the luxury sneaker market is worth more than $2 billion in North America and could be worth $30 billion worldwide by 2030, WSJ reported. Goat Group and StockX are among the prominent new companies arising because of the trend.

Groups 194

Groups Branding Online America 194

Abrigo

DECEMBER 10, 2024

By 2030 , 20% of the U.S. The growing threat and evolving elder fraud tactics The Baby Boomer generation is rapidly aging, leading to a demographic shift that financial institutions cannot ignore. population will be 65 or older, controlling a large share of the countrys wealth.

Fraud 195

Fraud Training Software social media 195

Bobsguide

FEBRUARY 4, 2019

By 2030, artificial intelligence (AI) will save the banking industry more than $1trn, according to analysts. Of that vast sum, it is expected that banks and credit unions will save $217bn—simply by applying AI to their compliance and authentication practices, and to other forms of data.

Compliance 113

Compliance Industry Data 113

American Banker

MARCH 5, 2023

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Lending 74

Lending 74

PYMNTS

OCTOBER 7, 2020

percent compounded annual growth rate over the 60-year period between 1970 and 2030, according to the National Restaurant Association. In its filing, Tastemaker said the U.S. restaurant industry’s more than 1 million restaurants and pubs generated $864 billion in revenue last year and employ 15 million workers.

Washington 205

Washington New York Branding Management 205

BankInovation

MARCH 16, 2023

It’s predicted that 74% of digital consumer payments globally will be conducted by platforms (from) nonfinancial institutions by 2030,” Martin Hyde, EMEA partnerships lead at JPMorgan Chase payments, said Wednesday at the FinovateEurope event […]

Payments 52

Payments Fintech Retail 52

PYMNTS

DECEMBER 18, 2017

billion through 2030 in battery development to help put itself on pace in the electric vehicle space. million electrified vehicles annually by 2030. Toyota plans to invest up to $13.3 Nearly half of the cars Toyota currently sells each year are electrified in some way, and the firm has set a goal of selling 5.5

Industry 118

Industry Company Technology Marketing 118

PYMNTS

SEPTEMBER 19, 2019

We’re investing now to build the infrastructure that’ll power internet commerce in 2030 and beyond. “Even now, in 2019, less than 8 percent of commerce happens online,” said Stripe President and Co-Founder John Collison. If we get it right, we can help the internet fulfill its potential as an engine for global economic progress.” .

America 182

America Software Fintech Capital 182

PYMNTS

FEBRUARY 26, 2020

“Through BayanPay, Finablr will support the Kingdom’s strategic objectives of becoming a cashless society, one of the goals of the Financial Sector Development Program under Saudi Vision 2030.

Payments 130

Payments Leadership Branding Groups 130

Abrigo

MAY 30, 2024

As the global population of individuals aged 60 and over is projected to increase by 38% between 2019 and 2030, elder abuse and elder financial exploitation (EFE) are becoming increasingly prevalent issues. Takeaway 3 Education and reporting are key to preventing this type of fraud, so know your state's policies.

Fraud 221

Fraud Training Trends National 221

PYMNTS

DECEMBER 23, 2019

The Chinese AI industry would be worth $143 Billion by 2030. Despite any of its present issues, the country’s AI market is forecast to be worth $11.9 billion by 2023, up from an estimated $4.5 billion this year, according to the 2019 China AI Development. trade war.

Regulation 202

Regulation Groups Policies Big Data 202

PYMNTS

JANUARY 8, 2019

trillion in additional revenue for the automotive industry by 2030. It has been projected that new services from the connected car space — on-demand mobility services, and data-driven services like applications, software and remote services — could generate as much as $1.5 So, it makes sense that other companies want to get in on the action.

Security 176

Security Software Industry Payments 176

PYMNTS

APRIL 12, 2019

Overall, the agriculture market in Africa is projected to grow to $1 trillion by 2030. “Tingg marketplace is the solution to this challenge as it connects both participants directly,” Akinboro said, as well as linking farmers with agro-dealers, input suppliers and financial institutions that provide credit to agro-businesses.

Fintech 210

Fintech blockchain Resources System 210

PYMNTS

MARCH 22, 2019

According to UBS , the online food market will hit $365 billion globally in 2030, up from about $35 billion last year. There could be a scenario where by 2030 most meals currently cooked at home are instead ordered online and delivered from either restaurants or central kitchens,” the report said.

Los Angeles 166

Los Angeles Operations Trends Industry 166

PYMNTS

JULY 31, 2020

“It sends a concerning message to businesses and investors that the Australian government will intervene instead of letting the market work, and undermines Australia’s ambition to become a leading digital economy by 2030.”.

Google 203

Google Regulation Data Groups 203

PYMNTS

APRIL 19, 2019

The Project Gigaton initiative is Walmart ‘s effort to cut one billion metric tons of greenhouse gasses from its value chain by 2030. Suppliers that show progress can apply for HSBC financing. Supplier collaboration is key to achieving that goal, Walmart said.

Analysis 175

Analysis Resources Retail Company 175

The Financial Brand

DECEMBER 31, 2023

This article Banking 2030, Part 1: The New Realities of Banking appeared first on The Financial Brand. This article Banking 2030, Part 1: The New Realities of Banking appeared first on The Financial Brand.

Branding 38

Branding Industry Report Banking Trends 38

PYMNTS

FEBRUARY 27, 2020

In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining. With their growing usage, the National Restaurant Association 2030 report posits that app companies could become private label restaurants. First, the short-term prognosis.

Rhode Island 151

Rhode Island National social media Arizona 151

BankInovation

JANUARY 24, 2022

will likely move forward with its own digital currency, with issuance occurring between 2025 and 2030, according to Bank of America Corp.

America 98

America Report 98