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Payment Security Market to be Worth $87.4 Billion by 2031 – Exclusive Report by Meticulous Research®

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REDDING, Calif., July 8, 2024 /PRNewswire/ — According to a new market research report titled, ‘Payment Security Market by Offering (Solutions, Services), Payment Mode (Banking Cards, Internet Banking, PoS, Digital Wallets, Others), Organization Size, End User (BFSI, Retail & E-commerce, Healthcare, Others) & Geography—Forecast to 2031′, the payment security market is projected to reach $87.4 billion by 2031, at a CAGR of 17.3% from 2024 to 2031.

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The growth of the payment security market is driven by the increased adoption of digital payments, the rising need to adhere to PCI DSS guidelines, and the growth in peer-to-peer payment transactions. However, the lack of trust in online banking is a factor restraining the growth of this market.

Furthermore, the rise in payment fraud and the growing use of mobile wallets and contactless payments are expected to generate growth opportunities for the stakeholders in this market. However, low awareness of digital payments in rural areas poses a major challenge to market growth. Additionally, biometric authentication and the increasing use of AI & blockchain in payment security are prominent trends in the payment security market.

The global payment security market is segmented by offering (solutions (encryption, tokenization, fraud detection and prevention) and services (support services, integration services, consulting services)), payment mode (banking cards, digital wallets, internet banking, point-of-sales, and other payment modes), organization size (large enterprises and small and medium-sized enterprises), and end-use industry (BFSI, retail & e-commerce, healthcare, travel & hospitality, IT & telecommunications, media & entertainment and other end-use industries). The study also evaluates industry competitors and analyses the market at the regional and country levels.

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Based on offering, the global payment security market is segmented into solutions and services. In 2024, the solutions segment is expected to account for a larger share of over 74.0% of the payment security market. The segment’s large market share is mainly attributed to the increased adoption of digital payments across retail & e-commerce, hospitality, and healthcare industries, increasing investment of business in cybersecurity, growing use of AI for fraud detection in the banking sector, and increased business focus and priority on payment security.

Based on payment mode, the global payment security market is segmented into banking cards, digital wallets, internet banking, point-of-sales, and other payment modes. In 2024, the banking cards segment is expected to account for the largest share of over 32.0% of the payment security market. The segment’s large market share is mainly attributed to the growing focus of the businesses on enhancing the in-store experience, increased adoption of point-of-sale systems, increased card transactions, growth in the e-commerce sector, and the crucial need for businesses to comply with PCI DSS guidelines.

Based on organization size, the global payment security market is segmented into large enterprises and small and medium-sized enterprises. In 2024, the large enterprises segment is expected to account for the larger share of the payment security market. The segment’s large share is mainly attributed to the crucial need of large-sized businesses to protect customers’ data and due to their higher transaction volume and large customer base.

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Based on end-use industry, the global payment security market is segmented into BFSI, retail & e-commerce, healthcare, travel & hospitality, IT & telecom, media & entertainment, and other end users. In 2024, the BFSI is expected to account for the largest share of over 29.0% of the payment security market. The segment’s large market share is mainly attributed to increasing data breaches in the BFSI industry, the rising adoption of payment security solutions to prevent fraud, stringent requirements for data security and privacy, and a large number of financial transactions in the BFSI industry.

Based on geography, the payment security market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of over 36.0% of the global payment security market. The large share of this regional market is attributed to the high adoption of digital payments, increasing spending of businesses on cybersecurity measures, growth in the use of card payment methods, rising adoption of PoS terminals across malls and retail stores, and growth in payment fraud across the region.

Key Players:

Some of the key players operating in the payment security market are Bluefin Payment Systems LLC (U.S.), Braintree (U.S.), Elavon Inc. (U.S.), TokenEx, Inc. (U.S.), Shift4 Payments, Inc. (U.S.), Cybersource (U.S.), Ingenico (France), Broadcom Inc. (U.S.), Signifyd, Inc. (U.S.), TNS Inc. (U.S.), Stripe, Inc. (U.S.), Mastercard Incorporated (U.S.), VeriFone, Inc. (U.S.), Utimaco Management Services GmbH (Germany), and SISA Information Security Pvt. Ltd. (India).

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Scope of the report:

Payment Security Market Assessment—by Offering

Solutions   EncryptionTokenizationFraud Detection and PreventionServices     Support ServicesIntegration ServicesConsulting Services

Payment Security Market Assessment—by Payment Mode

Banking CardsDigital WalletsInternet BankingPoint-of-salesOther Payment Modes

Payment Security Market Assessment—by Organization Size

Large EnterprisesSmall and Medium-Sized Enterprises

Payment Security Market Assessment—by End-use Industry

BFSIRetail & E-commerceHealthcareTravel & HospitalityIT & TelecomMedia & EntertainmentOther End-use Industries

Payment Security Market Assessment—by Geography

North AmericaU.S.CanadaEuropeU.K.GermanyFranceItalySpainSwedenSwitzerlandNetherlandsNorwayAustriaDenmarkRest of EuropeAsia-PacificChinaJapanIndiaSouth KoreaSingaporeAustraliaMalaysiaTaiwanRest of Asia-PacificLatin AmericaBrazilMexicoRest of Latin AmericaMiddle East & AfricaIsraelUAERest of Middle East & Africa

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Related Report:

Digital Payment Market by Offering (Solution & Services), Payment Mode (Digital Wallets, Banking Cards, POS, Internet Banking), End User (BFSI, Retail, Travel & Hospitality, Healthcare, Others), Organization Size and Geography – Global Forecasts to 2029

Tokenization Market by Offering (Solutions and Services), Application (Payment Security, User Authentication, Compliance Management), Organization Size, End-use Industry (Retail, Healthcare, BFSI, Others), and Geography – Global Forecast to 2030

Big Data Security Market by Component (Solutions [Data Encryption, Security Intelligence, Data Backup & Recovery], Services), Deployment Mode, Organization Size, End User (IT & Telecom, BFSI, Retail & E-commerce), and Geography – Global Forecast to 2031

Cybersecurity Market by Offering (Solutions, Services), Security Type (Network Security, Cloud Security, Endpoint Security), Organization Size, Deployment Mode, Sector (BFSI, Retail & E-commerce, Healthcare) and Geography – Global Forecast to 2031

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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Meticulous Market Research Inc.
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The Bone Health and Osteoporosis Foundation (BHOF) and Marian University Partner to Promote Bone Health in Indiana

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May 14, 2025

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ARLINGTON, Va., May 14, 2025 /PRNewswire/ — Osteoporosis, a disease that causes bones to become weak and more likely to fracture, affects approximately 10 million Americans, with another 44 million at risk due to low bone density. Yet many individuals remain unaware that they have the disease until they break a bone. In fact, about one in two women and up to one in four men over the age of 50 will break a bone in their lifetime due to osteoporosis.

Marian University and the Bone Health and Osteoporosis Foundation (BHOF) are teaming up to bring greater awareness to osteoporosis. Their partnership focuses on helping individuals understand the risks, learn ways to prevent bone loss, and recognize the importance of early diagnosis. They are also working to spread awareness in communities throughout Indiana, especially in underserved areas where access to bone health education and resources may be limited.

“Improving bone health across the lifespan starts with education,” said Kathleen Shoemaker, BHOF Board Chair. “We are proud to partner with Marian University to ensure more people, especially those in underserved communities, have access to the knowledge and tools they need to prevent fractures and maintain strong bones for life.”

Through this collaboration, Marian University and BHOF are committed to providing preventive tips, management strategies, and emphasizing the importance of maintaining strong, healthy bones at every stage of life. Educational initiatives will include seminars, health fairs, workshops, and digital outreach, all designed to empower individuals with the knowledge they need to protect themselves.

The effort also highlights the importance of regular bone density screenings, proper nutrition—including adequate intake of calcium and vitamin D—and weight-bearing exercises, all of which are crucial in managing and preventing osteoporosis.

“This partnership reflects our deep commitment to community health and proactive education,” said Dr. Todd Logan, Scholar-in-Residence for Aging & Society at Marian University. “By working with BHOF, we can help deliver vital bone health resources to more Hoosiers, especially in communities where access to care and education has been limited.”

About the Bone Health and Osteoporosis Foundation

Established in 1984, the Bone Health and Osteoporosis Foundation is the nation’s leading health organization dedicated to promoting strong bones for life, preventing osteoporosis and broken bones, and reducing human suffering through programs of awareness, education, advocacy, and research. For more information on the Bone Health and Osteoporosis Foundation, visit www.bonehealthandosteoporosis.org.

About Marian University

Founded in 1937, Marian University is the only Catholic university in Indianapolis and central Indiana, serving more than 5,100 students, including 4,000 undergraduate and 1,200 graduate students, earning degrees in the arts, business, education, engineering, math, medicine, nursing, ministry, and the natural and physical sciences. In 2013, Marian University established its College of Osteopathic Medicine, the first new school of medicine in Indiana in more than 100 years, and in 2023, opened the new E. S. Witchger School of Engineering as part of the university’s continuing efforts to graduate students that help meet the Midwest’s growing STEM workforce needs. For more information, visit www.marian.edu.

Media Contact for the Bone Health and Osteoporosis Foundation
Carina May
cmay@bonehealthandosteoporosis.org
703-740-1764

Media Contact for Marian University
Christopher Proffitt
cproffitt@marian.edu
317-955-6591

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SOURCE Bone Health & Osteoporosis Foundation

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5WPR Wins Gold Stevie Award for PR Campaign of the Year (Technology) with Huntress

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May 14, 2025

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NEW YORK, May 14, 2025 /PRNewswire/ — 5WPR, one of the largest independently-owned PR and digital marketing firms in the U.S., is proud to announce it has been awarded a Gold Stevie Award for PR Campaign of the Year (Technology) for its rapid-response media campaign with leading cybersecurity firm Huntress.

The campaign launched in February 2024 in response to a critical vulnerability discovered in ConnectWise ScreenConnect. As Huntress’s CEO Kyle Hanslovan and his team rapidly developed a proof of concept to demonstrate the severity of the issue, 5WPR mobilized a fast-paced media strategy to ensure the company’s findings reached the cybersecurity community, business leaders, and the public with urgency and clarity.

Through targeted outreach and expert commentary, 5WPR secured 104 media placements and over 14 billion impressions within the first month alone. Huntress was featured in 90 percent of all ConnectWise-related coverage, with appearances in top outlets including Axios, TechCrunch, Dark Reading, and TechRepublic. The effort firmly positioned Huntress as a trusted source for real-time cybersecurity insights.

“Winning the Gold Stevie for our work with Huntress is an incredible honor and reflects the speed, precision, and expertise our team brings to high-stakes communications,” said Lori Ruggiero, Managing Partner and EVP, Corporate and Technology at 5WPR. “We are proud to support Huntress in their mission to protect businesses and lead critical industry conversations.”

The American Business Awards® (The Stevie Awards) are recognized as one of the most coveted global honors for business achievements, celebrating excellence in marketing, communications, and public relations across various sectors. All 2025 Public Relations Award winners can be viewed here.

The campaign showcases 5WPR’s strength in translating complex technical issues into accessible, impactful narratives that drive visibility and credibility in competitive markets.

About 5WPR

5WPR is a full-service PR agency known for cutting-edge programs that engage with businesses, issues, and ideas. Founded in 2003, 5W has been named a top US and NYC PR Agency by leading industry publication O’Dwyer’s, as well as awarded Agency of the Year in the 2024 American Business Awards®, and continuously brings leading businesses a resourceful, bold, and results-driven approach to communication. The agency has more than 250 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and Digital Marketing (Social Media, Influencer, Paid Media, SEO). In addition to its business accolades, 5W was named to the 2024 Digiday WorkLife Employer of the Year list. For more information and to join our team visit 5W Careers.

Media Contact
Chris Bergin
cbergin@5wpr.com

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SOURCE 5W Public Relations

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Meet the 2025 We Love Tech Awards Winners: Where Innovation Takes Center Stage

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May 14, 2025

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The 2025 We Love Tech Awards honor groundbreaking innovation in enterprise technology, recognizing winners and finalists across AI, Cloud, SaaS, and more—celebrated live and amplified by Evan Kirstel.

BOSTON, May 14, 2025 /PRNewswire-PRWeb/ — Innovation isn’t a buzzword—it’s the engine of progress. It powers the platforms we rely on, the tools that redefine industries, and the visionary products that change how we connect, create, and thrive. That’s why we launched Evan Kirtsel’s We Love Tech Awards: to celebrate the products, organizations, and experiences that are shaping the future of enterprise technology.

Innovation is the heartbeat of enterprise tech—and these winners aren’t just building the future, they’re accelerating it. The We Love Tech Awards are about shining a spotlight on the boldest thinkers, the most impactful solutions, and the people pushing boundaries every single day.

“Innovation is the heartbeat of enterprise tech—and these winners aren’t just building the future, they’re accelerating it,” said Evan Kirstel, B2B Tech Influencer & Founder, We Love Tech Awards. “The We Love Tech Awards are about shining a spotlight on the boldest thinkers, the most impactful solutions, and the people pushing boundaries every single day.”

After months of judging by our expert panel, we’re proud to reveal the 2025 Winners and Finalists—a group of game-changers spanning AI, Cloud, IoT, Customer Experience, and beyond.

This Year’s Standouts: 2025 Winners

These companies and products aren’t just innovating—they’re setting new standards for excellence:

🏢 VAI Cloud LLC — Cloud Computing🏢 Klearcom — Customer Experience🧠 EY WeVerse — Artificial Intelligence (AI)/Machine Learning (ML)🧠 Veryon Reliability — Artificial Intelligence (AI)/Machine Learning (ML)🌩️ Dynex Quantum Powered Solutions — Cloud Computing🤖 Alorica – evoAI — Customer Experience🧩 Cyara AI-Led CX Transformation Platform — Customer Experience📊 VERDAZO — Enterprise Technology🎮 TD Treat Island Tycoon (Roblox) — Gaming📡 Hytera US Inc — Internet of Things (IoT)💸 DailyPay’s On-Demand Pay Solution💬 CallTower GCC High for Microsoft Teams — SaaS/UCaaS/XaaS🌱 Enablon ESG Excellence — SaaS/UCaaS/XaaS🕶️ TD Immersive Learning — Virtual Reality (VR)/Augmented Reality (AR)

Each winner receives a blockchain-based Verix® certificate, a royalty-free award badge, press amplification, and spotlight opportunities—including appearances on my show.

2025 Finalists: Visionaries in the Making

These finalists impressed our judges with their bold ideas and innovative thinking:

💡 CCH Tagetik Intelligent Platform — Artificial Intelligence (AI)/Machine Learning (ML)📶 TEAL (Teal Communications, Inc.) — Internet of Things (IoT)🛠️ Omnira Asset Planner — SaaS/UCaaS/XaaS🎧 Genesys Cloud Contact Center — Contact Center

Join Us Live: Online Awards Show – May 14, 2025

Mark your calendars! Evan Kirstel will host the Official 2025 We Love Tech Awards Show LIVE on May 14, 2025. Join us as we reveal exclusive behind-the-scenes stories, spotlight the winners, and talk innovation with leaders shaping the future.

🎟️ Watch Live: https://linktr.ee/EvanKirstel

Why These Awards Matter

The We Love Tech Awards are more than a trophy—they’re a movement. Here’s what sets us apart:

🔊 Social-First Recognition: Winners are amplified across my 550K+ followers on LinkedIn, Twitter, Instagram, and beyond.🌐 Inclusive & Diverse Categories: From VR to Cloud, AI to Gaming, we spotlight innovation wherever it thrives.🎥 A Live Show Experience: This isn’t a boring webcast. It’s a high-energy digital celebration—designed for a global, tech-forward audience.

Let’s Keep Building the Future

This program isn’t just about recognizing excellence—it’s about elevating voices, forging community, and shaping what’s next. Whether you’re a marketer, founder, or technologist, now’s your time to shine.

💡 Visit www.welovetechawards.com to learn more, subscribe for updates, or get involved.

Let’s celebrate what’s next in tech—together.

About Evan Kirstel

Evan Kirstel, a top B2B tech influencer, boasts an impressive social reach of over 550,000 followers across his podcast and platforms like YouTube, LinkedIn, Twitter, and Instagram. With years of experience working with Fortune 1000 brands, Evan helps companies harness social media for strategic growth, audience engagement, and social selling. Learn more at https://www.evankirstel.com/.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers. Learn more at https://www.bintelligence.com/.

Media Contact

Eliana Starbird, Business Intelligence Group LLC, 1 9095292737, eliana@welovetechawards.com, www.welovetechawards.com

Twitter, LinkedIn

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SOURCE Business Intelligence Group LLC

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