Next Steps In Payments And Privacy

https://www.pymnts.com/today-in-data/2019/payments-privacy-internet-of-things/
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As the Internet of Things expands, new questions are emerging about consumer privacy. New thinking, meanwhile, is evolving around the use of credit card rewards. Onboarding is getting a makeover — along with the question of how much friction is good friction — while APIs are opening the door to open banking.

Data:

25 percent: Share of B2B transactions projected to happen via APIs by 2025.

14 billion: Estimated number of IoT devices expected to be in use by the end of 2019.

96 percent: Share of FIs that use legacy password/username-based authentication.

$1.2 trillion: Expected value of the IoT market by 2022.

$2.75 billion: Projected global demand for smart city solutions by 2025.

https://www.pymnts.com/today-in-data/2019/payments-privacy-internet-of-things/