The Evolving Payments Purchasing Chain: How Digitization and Economic Pressures Are Changing the Ecosystem

Tech Insider
  • Acquirers and processors are competing to enhance their value propositions
  • Card and automated clearing house (ACH) payment networks are dueling for volume
  • Issuers can lean on customer relationships and tranches of data to respond to innovation

Amid economic uncertainty, payments providers are making meaningful shifts to digitize and innovate as they continue to grow at a projected 8.3% compound annual growth rate worldwide between 2021 and 2026, per Boston Consulting Group. 

How digital ecosystems can build a closer, more inclusive world

Tech Insider : Technology
Two men stand in front of a conference panel shaking hands
Tata Communications CEO Lakshmi Amur and Senior Minister of State, Ministry of Communications and Information and Ministry of National Development Tan Kiat How address the need for a secure digital economy.

Tata Communications

PHOTOS: Welcome to the Museum of Failure – here are 13 inventions I was surprised to see

Tech Insider
the museum of failure
After about 45 minutes at the museum, I'd say the experience is best done in a multi-generational group to spark conversations about the past, present, and future.

The Museum of Failure

Google's Bard AI chatbot is now open to users in the US and UK. Here's how it works

Tech Insider
Sundar Pichai standing on a stage in front of a Google.ai logo
Sundar Pichai, the CEO of Google, speaks during the annual Google I/O developers conference in San Jose, California, May 17, 2017.

REUTERS/Stephen Lam

The West was founded by whiny pioneers. Silicon Valley Bank is just the latest.

Tech Insider : Economy, Technology
photo composition illustration of Silicon Valley Bank in an Old West environment
Silicon Valley Bank mirrors the myth of the Old West: It started off as a bold pioneer, only to end up running back to the government for help.

Witthaya, aoldman / Getty Images; Arif Qazi / Insider

Mark Zuckerberg's metaverse ambitions are shrinking

Tech Insider
Meta CEO, Mark Zuckerberg.
Meta CEO Mark Zuckerberg.

Drew Angerer/Getty Images

Developers are turning to GitHub Copilot, a ChatGPT-like tool that helps them write code. One startup VP says it helped him save 10% of the time he'd spend coding.

Tech Insider
Thomas Dohmke standing cross-armed in front of the GitHub logo.
GitHub CEO Thomas Dohmke.

GitHub

Breaking through

Tech Insider
A young woman working in tech

Insider Studios / Getty Images

How do we engineer and innovate for a better world? That's the question that scientists are trying to answer, with the help of R&D investment.

Leaked messages show Googlers are taking out their frustrations over layoffs on its new Bard AI chatbot

Tech Insider
A meme of Google CEO Sundar Pichai which includes the caption,
Googlers are not afraid to criticize their leadership internally.

Thomas Maxwell/Insider

The new Bing may not be the game-changer Microsoft wanted it to be, but it's still lit a fire under Google

Tech Insider
A composite showing Tim Cook, Andy Jassy, Satya Nadella, Sundar Pichai, and Mark Zuckerberg
Microsoft CEO Satya Nadella (left) has said that he wants to make Google "dance" with the new ChatGPT-powered Bing search engine.
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