Month: January 2022

market growth outlook for point of sale systems

Market Growth Outlook for Point of Sale Systems in the US

The United States (US) restaurant POS (Point of sale) terminals market is estimated to increase at a rate or CAGR of 6.85 percent in the forecast period of 2021-2030. Several factors like the increasing preferences of people towards eating food away from home, the increasing number of restaurants across the United States of America, and …

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COVID-19 Affecting Payment Processing

How is COVID-19 Affecting Payment Processing Trends 2022?

The overall impact of the global pandemic is becoming more prevalent. Most organizations have now returned to their pre-pandemic business models, and the payment industry is evolving to adapt to changes in trends for customers, partners, and other businesses, even as the world tries to regain a sense of normalcy. The world economy heavily relies …

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artificial intelligence bank fraud

AI is used by 75% of acquiring banks to prevent fraudulent card transactions

Can artificial intelligence be the solution to bank-related fraud? The increasing interest in AI technology in the banking sector continues growing. It is estimated that around 75 percent of acquiring banks believe that revolutionary AI solutions can help detect card-related fraud easily. The significant advantages of AI technology are built over time. This is because …

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everphone paas startup extends to miami headquarters

Everphone – PaaS StartupExtends to Miami Headquarters in the US

Everphone is the leading PaaS (Phone-as-a-Service) startup from Berlin known for supplying, repairing, replacing, and recycling mobile devices for a lower monthly subscription for enterprise-grade customers. According to its most recent announcement, it would cease all operations in the United States, with Miami serving as the new US headquarters location. However, the company went forward …

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noname security is the first ever api security unicorn

Noname Security is the First-ever API Security Unicorn With a $135M Funding Round

Noname Security –a pioneering API-based security company, has recently announced that it has managed to secure around $135 million in the Series C funding with a valuation of $1 Billion. Lightspeed and Georgian accelerated the round of funding. The funding also witnessed impactful participation from all existing investors –featuring Next47, Cyber stars, The Syndicate Group, …

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ukrainian cross border payments

Western Union Teams introduce Ukrainian Cross Border Payments

Western Union –the pioneering leader in cross-border payments across the world, looks forward to collaborating with leading financial institutions in & around Ukraine for supporting cross-border payments. Western Union serves to be a world leader in ensuring cross-currency payments and money movements from all corners of the world. In addition to Ukraine, Western Union plans …

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next gen verification tool for air travel

Mobile Driver’s Licenses As Next-Gen Verification Tool for Air Travel

Identity verification in air travel is a necessary security standard, that’s why infrastructures such as the physical driver’s license exist. But as technology continues to improve, the continued use of physical driver’s licenses may soon be obsolete. Security agencies such as the Transportation Security Administration (TSA) are beginning to seek better ways to improve the …

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fintechs tout stablecoin as faster

FinTechs Tout Stablecoin As Faster, Fee-Free Business Payment Alternative

Over the past few years, there has been a rapid circulation of stablecoin. It has resulted in a significant effect on the rate of cryptocurrencies traded on different exchanges. Financial market analysts have found that stablecoins will address some issues by securing their values to underlying assets. Recently, a few employees from Figure (a financial …

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lowesarticle

According to Lowes, Pandemic DIY Project Sales are Expected to Decline This Fall.

Lowe’s Co. Inc. experienced a surge in sales after increasing its forecast for the entire year –beating the expectations of Wall Street. It is a sign that the professional business at Lowe’s is helping counter a significant slowdown in the overall demand from the DIY (Do-it-yourself) consumers –responsible for fueling the early-pandemic boom last year. …

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supply chain background concept glowing 13489447

Together with Blue Yonder, Bamboo Rose is Working on a Consumer-focused Product Strategy.

Bamboo Rose –a multi-enterprise supply chain and product-based platform, has announced that it will be featured within the Customer Innovation Network in Milan by Accenture –one of the leading professional service firms in the world. In addition to this, the business also unveiled its plans of partnering with Blue Yonder –a popular digital supply chain …

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