As a service

Biometrics Market size to grow by USD 27.43 billion from 2022 to 2027 | Increasing demand and enhanced security to drive the market growth - Technavio

Retrieved on: 
Friday, December 1, 2023
Gait, ASSA, GDPR, Privacy, Fraud, Qualcomm, Marketing, Visage SDK, Component, Growth, Law enforcement, Government, Fujitsu, Facial recognition, Organization, Daon, Inc., USD, ASA, Health, NEC, Gesellschaft mit beschränkter Haftung, Transport, ID, Hardware, Risk, BIO, Altrusa International, Inc, Analysis, Vision, Advent International, M2SYS, BFSI, As a service, Aware, Inc., Thales Group, Biometrics, HID Global, Video game, Security printing, Self storage, Medical device, Health care, Geography, Software, COVID-19

NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The Biometrics Market size is estimated to increase by USD 27.43 billion, accelerating at a CAGR of almost 12.85% between 2022 to 2027.

Key Points: 
  • NEW YORK, Dec. 1, 2023 /PRNewswire/ -- The Biometrics Market size is estimated to increase by USD 27.43 billion, accelerating at a CAGR of almost 12.85% between 2022 to 2027.
  • The global biometrics market is driven by increased demand and an enhanced emphasis on security.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global biometrics market.
  • Gait Biometrics Market: The gait biometrics market size is estimated to grow at a CAGR of 10.16% between 2022 and 2027.

Socure Drives Fintech Innovation with Banking-as-a-Service Insights and Controls

Retrieved on: 
Thursday, November 30, 2023
Control center, Risk, MVB, KPI-driven code analysis, Fintech, Intelligence, As a service, CIP, Control, Growth, Failure, Policy, Audit, Cryptocurrency, Bank, Fraud

INCLINE VILLAGE, Nev., Nov. 30, 2023 /PRNewswire/ -- Socure, the leading provider of artificial intelligence for digital identity verification, sanction screening and fraud prevention, today launched the first-ever solution to ensure sponsor banks have access to critical insights and controls required for fintech partnerships.

Key Points: 
  • Sponsor banks are seeing rapid growth with one in four bankers agreeing that Banking-as-a-Service (BaaS) solutions are a crucial opportunity to grow revenue and innovate.
  • However, they've traditionally lacked demonstrable controls and can face hefty fines for lack of partner oversight and failure to comply with regulations.
  • Our Control Center ensures sponsor banks can scale fast, while still maintaining demonstrable controls."
  • When creating BaaS programs, most sponsor banks work with multiple fintech and duplicate vendors.

Millions of US Workers Can Move their Direct Deposit in Seconds with Pinwheel's Breakthrough Direct Deposit Switching (DDS) Product, Powered by the Industry's First-ever API-Driven Payroll Provider Partnership with Workday Service Provider OneSource Virtu

Retrieved on: 
Wednesday, November 29, 2023
OSV, Employment, Plaid, DDS, History, Tax, American Express, As a service, Workflow, Partnership, API, CFPB, Visa, Bank, Mobile phone, Airline, Pinwheel, Citizenship

NEW YORK, Nov. 29, 2023 /PRNewswire/ -- Today Pinwheel, the fintech helping banks win primacy through automated direct deposit switching and instant account funding, and One Source Virtual (OSV), a top 5 payroll provider and one of the fastest-growing payroll providers in the United States, formed the industry's first announced partnership between an API company and a payroll company. The partnership is the start of Pinwheel's creation of a first-of-its-kind network of payroll providers, which will power a frictionless, login-free DDS experience. This alliance marks a significant inflection point for financial services and responds to growing consumer demand for more transparency, control, and portability over their banking relationships.

Key Points: 
  • This completely frictionless experience will power easy direct deposit switching for millions of US workers at approximately 1,000 employers across America.
  • The partnership is the start of Pinwheel's creation of a first-of-its-kind network of payroll providers, which will power a frictionless, login-free DDS experience.
  • Today, the addition of OSV to Pinwheel's Partner-Based Direct Deposit Switching network frees nearly 30M U.S. workers from these constraints.
  • I'm proud of our work at Pinwheel and excited to announce the continued expansion of our payroll partnerships network."

transcosmos holds a signing ceremony, commemorating the signing of the location agreement for its new BPO Center Nagasaki Stadium to be opened in autumn, 2024

Retrieved on: 
Wednesday, November 29, 2023
Business process, Multimedia, As a service, Operational excellence, Digital technology, Software as a service, DX, BPO, FirstBank Holding Co, AI, Transcosmos Stadium Nagasaki, Kerosene

TOKYO, Nov. 29, 2023 /PRNewswire-PRWeb/ -- transcosmos inc. is pleased to announce that the company has held a ceremony with Nagasaki prefecture and Nagasaki city commemorating the signing of the location agreement of BPO Center Nagasaki Stadium City, a new center scheduled to be opened in autumn, 2024.

Key Points: 
  • TOKYO, Nov. 29, 2023 /PRNewswire-PRWeb/ -- transcosmos inc. is pleased to announce that the company has held a ceremony with Nagasaki prefecture and Nagasaki city commemorating the signing of the location agreement of BPO Center Nagasaki Stadium City, a new center scheduled to be opened in autumn, 2024.
  • The new BPO Center Nagasaki Stadium City will open in the autumn of 2024 in the office tower located in the Nagasaki Stadium City to be created and offered by JAPANET HOLDINGS Co., Ltd.
  • Unlike its three existing centers in Nagasaki prefecture, BPO Center Nagasaki Stadium City will become the base for offering services that combine BPO and DX (digital transformation).
  • Making the center a DX flagship center in the BPO services domain, transcosmos aims to generate maximum synergy by connecting diverse people and technologies.

PayTabs unveils its expansion into card issuance

Retrieved on: 
Monday, November 27, 2023
IP, Fintech, KSA, As a service, Reward, Geography, Freedom, MENA, Visa, RuPay, Government, Mastercard, Cryptocurrency, Financial services

RIYADH, Saudi Arabia, Nov. 27, 2023 /PRNewswire/ -- PayTabs Group, MENA's award-winning payment orchestration powerhouse today announced the launch of PayTabs Issuance – secure prepaid card issuing solutions aimed at scaling business operations, regionally. As experienced by PayTabs Group CEO and founder, Abdulaziz Al Jouf, "The issuing market is an exponential market and the Middle East is moving aggressively to digitize cash in the region, while in Africa the market is progressing towards building a strong card base dominated economy."

Key Points: 
  • PayTabs Issuance is aimed at simplifying the complexity and cost barriers that often hinder prepaid card issuance.
  • PayTabs' pioneering technology in card issuance is a customized fit for entities and users across markets who can offer a range of card functions to suit their business model.
  • Being able to offer cards program gives PayTabs a unique positioning by offering the best of both acquiring and issuance as a bundled solution"
    Vikas Om Choudhary, Head of Issuance, PayTabs concluded: "This is a new chapter for PayTabs.
  • What's unique about PayTabs issuance is that it is designed to serve each offering, card type, end user, and market.

PayTabs unveils its expansion into card issuance

Retrieved on: 
Monday, November 27, 2023
IP, Fintech, KSA, As a service, Reward, Geography, Freedom, MENA, Visa, RuPay, Government, Mastercard, Cryptocurrency, Financial services

RIYADH, Saudi Arabia, Nov. 27, 2023 /PRNewswire/ -- PayTabs Group, MENA's award-winning payment orchestration powerhouse today announced the launch of PayTabs Issuance – secure prepaid card issuing solutions aimed at scaling business operations, regionally. As experienced by PayTabs Group CEO and founder, Abdulaziz Al Jouf, "The issuing market is an exponential market and the Middle East is moving aggressively to digitize cash in the region, while in Africa the market is progressing towards building a strong card base dominated economy."

Key Points: 
  • PayTabs Issuance is aimed at simplifying the complexity and cost barriers that often hinder prepaid card issuance.
  • PayTabs' pioneering technology in card issuance is a customized fit for entities and users across markets who can offer a range of card functions to suit their business model.
  • Being able to offer cards program gives PayTabs a unique positioning by offering the best of both acquiring and issuance as a bundled solution"
    Vikas Om Choudhary, Head of Issuance, PayTabs concluded: "This is a new chapter for PayTabs.
  • What's unique about PayTabs issuance is that it is designed to serve each offering, card type, end user, and market.

Embedded Banking Market to Reach $1,10,667.66 Million, Globally, by 2032 at 23.6% CAGR: Allied Market Research

Retrieved on: 
Friday, November 24, 2023
Cloud, Online, Energy and Power, Acquisition, Infosys, Consumer, MID, Small business, Telecommunications, Component, Growth, Business, SMB, Internal, Internet of things, Bank, Public sector, Financial services, Capital market, Service provider, Final good, Software as a service, Health, Use, Working capital, PayPal, Transport, Computer, FIS, Stripe, Inc., Luigi, Financial management, Internet, Distribution, Education, API, BFSI, Faroe-Bank Channel overflow, Million Pound Menu, As a service, Industrial production, Digital, High tech, Online shopping, Health care, Agriculture, Payment, Housing, Finastra

PORTLAND, Ore., Nov. 24, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Embedded Banking Market by type (Payment Processing, Lending, Contactless Payment, Wealth Management and Others), Industry Vertical (Retail and E-commerce, Transport and Logistics, Healthcare Media and Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2032. According to the report, the global embedded banking industry generated $13.6 billion in 2022 and is anticipated to generate $110.7 billion by 2032, witnessing a CAGR of 23.6% from 2023 to 2032.  

Key Points: 
  • This concept makes financial management and transactions more accessible, easy, and efficient by integrating banking services into daily living.
  • The rise in trend of banking as a service (BaaS) is a significant driver of the growth of the embedded banking market.
  • Furthermore, digitalization in banking sector has driven the demand for the embedded banking market.
  • Moreover, security and data privacy are major factors that hamper the growth of the embedded banking market.

Embedded Banking Market to Reach $1,10,667.66 Million, Globally, by 2032 at 23.6% CAGR: Allied Market Research

Retrieved on: 
Friday, November 24, 2023
Cloud, Online, Energy and Power, Acquisition, Infosys, Consumer, MID, Small business, Telecommunications, Component, Growth, Business, SMB, Internal, Internet of things, Bank, Public sector, Financial services, Capital market, Service provider, Final good, Software as a service, Health, Use, Working capital, PayPal, Transport, Computer, FIS, Stripe, Inc., Luigi, Financial management, Internet, Distribution, Education, API, BFSI, Faroe-Bank Channel overflow, Million Pound Menu, As a service, Industrial production, Digital, High tech, Online shopping, Health care, Agriculture, Payment, Housing, Finastra

PORTLAND, Ore., Nov. 24, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Embedded Banking Market by type (Payment Processing, Lending, Contactless Payment, Wealth Management and Others), Industry Vertical (Retail and E-commerce, Transport and Logistics, Healthcare Media and Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2022–2032. According to the report, the global embedded banking industry generated $13.6 billion in 2022 and is anticipated to generate $110.7 billion by 2032, witnessing a CAGR of 23.6% from 2023 to 2032.  

Key Points: 
  • This concept makes financial management and transactions more accessible, easy, and efficient by integrating banking services into daily living.
  • The rise in trend of banking as a service (BaaS) is a significant driver of the growth of the embedded banking market.
  • Furthermore, digitalization in banking sector has driven the demand for the embedded banking market.
  • Moreover, security and data privacy are major factors that hamper the growth of the embedded banking market.

Global Blockchain Market Report 2023-2028 - Profiles of Key Players IBM, Oracle, Infosys, Wipro, Bitfury and More

Retrieved on: 
Thursday, November 23, 2023
Non-fungible token, Data management, IBM, Application, Government, BFSI, Decentralized finance, Ecosystem, Artificial intelligence, NFT, SME, Cryptocurrency, As a service, Travel, Component, Digitalization, Smart, Growth, Health, Private, Microsoft, Telecom, Amazon, Documentation, Blockchain, Health care, Others

The global blockchain market, valued at US$11.02 billion in 2022, is expected to surge to a staggering US$265.01 billion by 2028, reflecting the growing demand for blockchain solutions and services.

Key Points: 
  • The global blockchain market, valued at US$11.02 billion in 2022, is expected to surge to a staggering US$265.01 billion by 2028, reflecting the growing demand for blockchain solutions and services.
  • Diverse Industry Adoption: Blockchain is finding applications across various sectors, including BFSI, retail, healthcare, and more, driving its widespread adoption.
  • Component: The global blockchain market comprises two main components: Solutions and Services.
  • Competitive Landscape and Recent Developments:
    Key players in the global blockchain market are:

Acuiti Labs Achieves Resounding Success at SAP for Quote-to-Cash Conferences in EMEA and Americas

Retrieved on: 
Friday, November 17, 2023
As a service, Posti Group, Platinum, SAP, Magic, Conference, Speech, Environment, Video game, Souvik Maiti

LONDON and ATLANTA, Nov. 17, 2023 /PRNewswire-PRWeb/ -- Acuiti Labs, a leading technology company in the Quote-to-Cash World, proudly announces the remarkable achievements garnered at two recent conferences: SAP for Quote-to-Cash Conference EMEA in Budapest, Hungary, and SAP for Quote-to-Cash Conference Americas in Dallas Plano. As platinum and gold sponsors respectively, Acuiti Labs not only exhibited their industry expertise but also facilitated valuable connections and delivered extraordinary experiences for attendees.

Key Points: 
  • Acuiti Labs, achieved tremendous success at the SAP Quote-to-Cash Conferences in EMEA and Americas, demonstrating industry know-how, fostering networking opportunities, and delivering enlightening presentations.
  • LONDON and ATLANTA, Nov. 17, 2023 /PRNewswire-PRWeb/ -- Acuiti Labs, a leading technology company in the Quote-to-Cash World, proudly announces the remarkable achievements garnered at two recent conferences: SAP for Quote-to-Cash Conference EMEA in Budapest, Hungary, and SAP for Quote-to-Cash Conference Americas in Dallas Plano.
  • Acuiti Labs showcases transformative customer-focused solutions, emerging as a thought leader in innovation and a trailblazer at the SAP Quote-to-Cash Conferences.
  • The presence and sponsorship of Acuiti Labs at these conferences underscore their commitment to innovation, collaboration, and delivering unparalleled service.