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1615797815 Juniper Research predicts mobile payments tokenization revenue to 1615797815 Juniper Research predicts mobile payments tokenization revenue to exceed

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Juniper Research predicts mobile payments tokenization revenue to exceed $ 53 billion in 2025

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Juniper Research analysts believe that mobile payments tokenization revenue will exceed $ 53 billion in 2025. For comparison: in 2020 it amounted to $ 18 billion. The essence of tokenization is to replace real account data with data that is useless for fraudsters. The use of tokenization is growing rapidly – both for settlements at points of sale and for remote trading. Analysts attribute the rapid growth to the widespread use of appropriate solutions in payment systems promoted by OEMs, and the wider adoption of tokenization by digital wallet providers and their closer integration into the checkout processes in applications.

If they haven’t already, digital wallet providers should start tokenization immediately and prioritize it to improve the security of the checkout process, analysts say.

Juniper Research predicts that in 2025, remote payment tokenization revenue will account for 58% of total mobile payment tokenization revenue, up from 84% in 2020. Since mobile contactless payments are tokenized by default, and their share is growing rapidly amid the pandemic, related tokenization revenues are also growing rapidly.

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Phones

Smartphones are to blame: Nikon and Panasonic have stopped the production of compact digital cameras. Fujifilm, Sony and Casio have done it before

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Smartphones are to blame Nikon and Panasonic have stopped the

Japanese companies Nikon and Panasonic have stopped making low-cost compact digital cameras and will now focus on more expensive mirrorless cameras.

The reason is partly due to smartphones, which are increasingly focusing on quality cameras. Global shipments of compact digital cameras are down 97% from 2008 to just 3.01 million units in 2021 as smartphone cameras get better and smarter.

Nikon has suspended the development of new compact models of its Coolpix line. Nikon currently only offers two models with quality lenses, but the company is “closely monitoring market trends” to determine future production volumes.

Smartphones are to blame: Nikon and Panasonic have stopped the production of compact digital cameras.  Fujifilm, Sony and Casio have done it before

Nikon has already stopped making DSLRs to specialize in high-end single-lens mirrorless models. According to Nikkei Asia, the company will focus resources on mirrorless cameras, which have been made popular by more advanced digital technologies.

Panasonic Holdings “has not launched any new products in the price range below $370 since 2019 and has no plans to develop low-cost models in the future.” “We have stopped development of any new models that can be replaced by a smartphone,” a company spokesman said.

Going forward, Panasonic will produce high quality mirrorless cameras for photography enthusiasts. The company plans to launch a mirrorless camera with the German company Leica Camera.

Previously, Fujifilm stopped production of its FinePix compact cameras. Canon hasn’t released a new Ixy camera since 2017. The Sony Group has also not offered any new compact models under its Cyber-shot brand since 2019, and Casio Computer stopped making Exilim cameras in 2018.

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Headphones

Xiaomi Buds 4 Pro Flagship Headphones Coming This Week

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Xiaomi Buds 4 Pro Flagship Headphones Coming This Week

Xiaomi founder Lei Jun will hold a press conference this week to showcase many new products, including Redmi K50 Extreme Edition, Xiaomi MIX Fold 2, Xiaomi Tablet 5 Pro with a 12.4-inch screen. In addition, the new Xiaomi Buds 4 Pro headset was announced today and will be shown at the same event.

Judging by the official image, the headphones have an in-ear design and a gold color scheme. It is reported that this flagship model will receive a noise reduction system and a surround sound system.

Xiaomi Buds 4 Pro Flagship Headphones Coming This Week

Back in May, it was leaked that the Redmi Buds 4 Pro would support up to 43dB of noise cancellation, the headphones would get a wind noise reduction mode, ultra-low latency of 59ms, and offer 36 hours of battery life.

The presentation of new products is expected on August 11.

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Phones

Buyers of Nothing Phone (1) were deceived. Nothing urgently changed the characteristics of the smartphone on the official website

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Buyers of Nothing Phone 1 were deceived Nothing urgently changed

Introduced in July this year, the Nothing Phone (1) smartphone was quite actively discussed on the Web because of its original design and backlight. However, early adopters immediately began reporting screen problems and lagging LED strips.

Buyers of Nothing Phone (1) were deceived.  Nothing urgently changed the characteristics of the smartphone on the official website

Now it turned out that buyers of Nothing Phone (1) were deceived by information about the maximum brightness of the screen. According to official data, the maximum brightness of the Nothing Phone (1) screen is 1200 cd/m2but in almost all tests, the maximum screen brightness is less than 700 cd / m2. In some tests, it does not even rise to 650 cd / m2.

Buyers of Nothing Phone (1) were deceived.  Nothing urgently changed the characteristics of the smartphone on the official website

In response, Nothing Phone (1) stated that it would conduct an internal investigation. In addition, the company has changed the peak brightness on the official website settings page from 1200 nits to 700 cd/m.2.

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