Trends

5 Innovation Trends That Will Define Banking in 2019

The banking industry is beginning to incorporate the traits and practices that were once the domain of fintech startups. Banks and credit unions have become more comfortable with a faster pace of innovation, using data and analytics more extensively and digitizing processes as opposed to simply turning paper into PDFs.

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Black Friday Mobile Shoppers Smash Previous Single-day Record

Consumers continued the push toward mobile shopping as data from Adobe Analytics reported more than $2.1 billion in sales from smartphones. The Black Friday performance blew away the prior record for of $1.4 billion in mobile sales from Cyber Monday 2017. Adobe reported that 33.

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Influencers Weigh-In on Big 2019 Predictions for the CryptoBlock Arena

There is no doubt that 2018 has been quite an action-packed year for all things in the cryptoblock space. While those in the crypto area closely monitored gains, losses and SEC moves, blockchain devotees leaped from conference-to-conference around the world following those proselytizing about the industry.

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10 Technologies That Will Disrupt Financial Services in the Next 5 Years

The scope and speed of evolution in regulation, customer behavior and technology – coupled with the emergence of new competitors – mean that the future of banking will not be a continuation of the past. New technologies will transform banking as we know it, providing both opportunities and challenges for financial institutions.

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Major Trends Witnessed This Year in Fintech

The Financial Technology sector, a.k.a. Fintech sector is known for its fast-paced and dynamic nature. The sector was virtually in oblivion till late-2016, when, according to some, the formalization of the economy began post-demonetization.

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Recurring Card Payments to Hit $473B by 2021

A new report has predicted that recurring transactions processed on debit and credit cards in the United States will reach $473 billion by 2021. The report, U.S. Recurring Payments Market Forecast, 2: Set It and Forget It, has explored U.S. market size and reviewed service offerings from seven providers in the U.S. market.

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Top Three Tech Trends Disrupting the Payments Industry

Advances in payment technologies have dramatically disrupted the finance industry and traditional brick-and-mortar stores. Payment transactions have evolved considerably from simple cash payments to bank cards and are now transforming again to encompass contactless capabilities.

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5 Ways Traditional Financial Institutions Can Survive and Thrive in a New Banking Industry

It’s safe to say that the banking landscape is evolving. Billions of dollars are spent annually by financial institutions hoping to differentiate themselves through solid solutions that will provide long-term benefits for consumers.

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The Future of Payments in the Age of Smart Devices

The payments industry is undergoing a revolution in which mobility and other innovations in technology are constantly driving change. Take Amazon Go for example – a store model that allows customers to simply walk in, pick up what they want and walk out without having to wait in line.

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Three Digital Trends That Will Change Commerce in 2019

One of the most pervasive commerce trends is the reinvention of the shopper journey. Purchases in the past were more transactional in nature. Now, shopping is a journey, with more emphasis placed on relationship building, not just buying.

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A Path to Victory in the Payments Game

All financial institutions have some skin in the Payments Game, but who’s holding the winning hand? No matter the size or scope, make no mistake—everyone is a player in this game. Why? Because people buy a lot of stuff, and they want their payments to be a no-brainer: convenient, secure and reliable.

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VIDEO: The Payments Landscape – Sibos 2018 Highlights

A summary of the week’s debate and discussion on the topic of the payments landscape at Sibos, the global financial services networking event recently held in Sydney.

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