MANILA, Philippines, Jan. 14, 2025 /PRNewswire/ — UNI-PIPC (UNI-President Information Philippines Corp.), a new IT solutions provider and subsidiary of Uni-President Group., today announced its official launch to spearhead digital transformation across Southeast Asia. Leveraging its parent group’s strong presence operating 7-ELEVEN in Taiwan and the Philippines, UNI-PIPC aim to deliver advanced technology solutions to businesses in the region.

UNI-PIPC will focus on providing comprehensive IT services, including system development, AI-powered retail solutions, infrastructure services, and data sciences, primarily to the retail, logistics, and food service sectors. The company will play a vital role in supporting 7-ELEVEN’s expansion in the Philippines by facilitating technological upgrades and system integration across its 4,130 stores. This includes implementing logistics, warehousing, retail, distribution, and financial accounting systems.

“We are excited to launch UNI-PIPC and bring our expertise to the dynamic Southeast Asian market,” stated President Information Corp (PIC). “Our goal is to become the leading technology partner for businesses in the region, empowering them with innovative solutions to optimize their operations and enhance customer experiences.”

UNI-PIPC will establish an Innovation Accelerator Platform to nurture startups, provide access to talent and cutting-edge technology, and connect them with investors in Taiwan. A key partnership with TechShake, a prominent local startup incubator, will further expand UNI-PIPC’s reach and facilitate collaborations with leading companies.

“UNI-PIPC is committed to driving digital transformation across key industries in the Philippines,” declared UNI-PIPC. “We will leverage our deep market understanding and advanced AI solutions to help businesses achieve new levels of efficiency and competitiveness.” UNI-PIPC will also foster collaboration with local businesses, government agencies, and academic institutions to facilitate business growth and introduce PIC’s products to Hong Kong and the broader Southeast Asian market.

To support these ambitious goals, UNI-PIPC has secured an initial investment of P100 million and plans to recruit over 100 employees within its first year, providing timely technical support to regional clients.

About UNI-PIPC

UNI-PIPC (UNI-President Information Philippines Corp.), a subsidiary of Taipei-based President Information Corp. and a partner of Japanese renowned Nomura Research Institute, Ltd. (NRI), is a leading innovator in retail AI and digital transformation across Southeast Asia. Leveraging expertise from its parent company and NRI, UNI-PIPC offers cutting-edge IT solutions in enterprise management, cloud computing, IDC, IT security, and MarTech and system integration. With a focus on manufacturing, retail, catering, and logistics, UNI-PIPC empowers businesses optimize operations, enhance customer experiences and gain a competitive edge.

Media Contact

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/uni-pipc-launches-in-philippine-to-drive-digital-transformation-in-southeast-asia-302349289.html

SOURCE UNI-PIPC

NEW YORK, Jan. 13, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global virtual cards market size is estimated to grow by USD 428.6 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  17.1%  during the forecast period. Focus on high customer satisfaction is driving market growth, with a trend towards emergence of nfc-based payment technology. However, regulations on contactless payment transactions  poses a challenge. Key market players include Adyen NV, American Express Co., BTRS Holdings Inc., Caxton FX Ltd., Citigroup Inc., Edenred SE, Green Dot Corp., HSBC Holdings Plc, JPMorgan Chase and Co., Marqeta Inc., Mastercard Inc., Paysafe Ltd., Stripe Inc., Travelex International Ltd., U.S. Bancorp, Visa Inc., Walmart Inc., Western Union Holdings Inc., WEX Inc., and Wise Payments Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Market Driver

NFC (Near Field Communication) technology enables data exchange between devices within a short range, typically a few centimeters. NFC chips are required in both devices for this technology to function. One-way communication involves a reader or powered device, such as a phone or credit card terminal, reading and writing data on the NFC chip. Two-way communication allows both devices to read and write data. Many retailers, including Target, Macy’s, and Walgreens, use NFC-based contactless pay terminals for mobile payments. In 2021, over 40% of POS terminals installed globally were NFC-ready. Countries like the US, UK, China, Canada, Brazil, and India have high adoption rates for NFC-based contactless payments. The increasing demand for cashless transactions is driving the growth of the global NFC-based POS terminals market. Verifone’s VX 520 countertop POS terminal is an example of an NFC-enabled device. The market is expected to grow due to the rise in contactless payment usage. 

The Virtual Cards market is witnessing significant growth due to the increasing trend of electronic payment systems and online purchases. Cutting-edge features such as touchless payments and biometrics are driving the adoption of virtual cards. With the rise of virtual banks and 5G/4G technology, the use of virtual cards for electronic transactions is becoming more common. However, concerns around data leakage and e-commerce fraud persist, making security a top priority. Millennials and fintech firms are leading the digital transformation in the payment technology industry. The market is also seeing strategic alliances between digital wallets and virtual card providers. The Credit and Debit card segments, as well as the Business use segment, are major contributors to the market. Virtual Card systems are also gaining traction in the Consumer use segment. Incorrect labels and low-quality products are challenges for the market. The MasterCard Payment Index and QR code are other trends shaping the market. Tokenization and contactless payment solutions are expected to further boost growth. Digital currencies are also an emerging trend. Overall, the Virtual Cards market is poised for growth in the B2B transactions space. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Regulations play a significant role in shaping the virtual cards market, particularly in contactless payment transactions. In the European Union, the Revised Payment Services Directive 2 (PSD2) and General Data Protection Regulation (GDPR) ensure security, privacy, and reliability in digital transactions. The PCI DSS in the US outlines security requirements for handling cardholder information. Regulations often set a limit on single contactless transactions, such as HDFC Bank’s USD127 daily cap and ICICI Bank’s USD254 daily limit. These regulations may negatively impact the adoption of virtual cards and, consequently, the growth of the market.The Virtual Cards market is experiencing significant growth due to the increasing trend of electronic payments and online purchases. With the rise of virtual banks and digital payment systems, consumers and businesses are embracing touchless payments and digital transactions. However, challenges persist, such as data leakage, e-commerce fraud, and incorrect labels on virtual cards. Cutting-edge features like biometrics, tokenization, and QR codes are being adopted to enhance security and user experience. Venture-capital firms and fintech companies are investing heavily in this space, driven by millennials’ preference for digital wallets and 5G/4G technology. The market includes various segments like credit card, debit card, business use, and consumer use. MasterCard Payment Index indicates a positive shift towards digital transactions. Despite these advancements, challenges like ACH payments, low-quality products, and strategic alliances remain. Virtual cards offer convenience, but security remains a top priority.

Discover how AI is revolutionizing market trends- Get your access now!

This virtual cards market report extensively covers market segmentation by  

Product 1.1 B2B virtual cards1.2 B2C remote payment virtual cards1.3 B2C POS virtual cardsService 2.1 Business use2.2 Consumer useGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 B2B virtual cards-  The B2B virtual cards segment led the global virtual cards market in 2023, with significant value and size. This dominance is attributed to the increasing adoption of real-time digital disbursements on mobile platforms due to the widespread internet penetration. Major contributors to market growth include banking, financial services, and insurance (BFSI), e-commerce, healthcare and life sciences, education, utilities, retail, and other industries. Vendors integrate near-field communication (NFC) chips into devices for contactless payments and applications. Virtual cards offer opportunities for suppliers to generate and track leads, fostering relationships with business clients. Innovations, such as partnerships between OPay and MasterCard, and Mastercard’s collaboration with Taulia, introduce advanced features for cash flow optimization and working capital management, fueling B2B virtual cards’ demand and expanding the global virtual cards market.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

The Virtual Cards market is experiencing exponential growth as digital transactions continue to dominate the economic landscape. The MasterCard Payment Index reveals that contactless payment solutions, QR codes, and biometrics are driving this shift. Digital currencies are also making waves, offering users more convenience and security. Virtual Card systems, a type of electronic payment system, are becoming increasingly popular for online purchases. These cards offer cutting-edge features like tokenization and user-friendly interfaces. However, with the rise of virtual transactions comes the threat of fraud. Data leakage and e-commerce fraud are major concerns for consumers and businesses alike. Virtual banks and fintech firms are addressing these issues with advanced security measures and innovative solutions. ACH payments are another area of focus, offering a faster and more efficient alternative to traditional payment methods. Despite these advancements, it’s crucial to avoid incorrect labels and low-quality products in the market.

The Virtual Cards market is experiencing exponential growth due to the increasing trend of digital transactions. The MasterCard Payment Index indicates a significant shift towards electronic payment systems, with virtual cards becoming increasingly popular. Biometrics, digital currencies, QR codes, and tokenization are key features of virtual cards, enhancing user experience and security. However, concerns around fraud, particularly in contactless payment solutions, remain a challenge. The credit card and debit card segments are major contributors to the market, with business use and consumer use segments also showing strong growth. Virtual banks and fintech firms are driving innovation with cutting-edge features, while venture-capital firms invest heavily in this space. Millennials, driven by smartphones and 5G/4G technology, are leading the digital transformation. However, issues around data leakage, e-commerce fraud, and incorrect labels persist, requiring strategic alliances and partnerships to address these challenges. ACH payments and B2B transactions are also expected to fuel market growth. Despite the potential risks, the benefits of virtual cards, including touchless payments and convenience, far outweigh the challenges.

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductB2B Virtual CardsB2C Remote Payment Virtual CardsB2C POS Virtual CardsServiceBusiness UseConsumer UseGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/virtual-cards-market-to-grow-by-usd-428-6-billion-from-2025-2029–driven-by-focus-on-customer-satisfaction-and-ai-driven-market-transformation—technavio-302349375.html

SOURCE Technavio

NEW YORK, Jan. 13, 2025 /PRNewswire/ — The global unified endpoint management (uem) market size is estimated to grow by USD 111.62 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of almost 58% during the forecast period. The report provides a comprehensive forecast of key segments below- 

Segmentation Overview

Component 1.1 Solutions1.2 ServicesDeployment 2.1 Cloud2.2 On-premises2.3 HybridGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and AfricaCountry
US, China, UK, Germany, Japan, Canada, India, France, Italy, and BrazilUS, China, UK, Germany, Japan, Canada, India, France, Italy, and Brazil

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

1.1 Fastest growing segment:

Unified Endpoint Management (UEM) solutions are software platforms that help businesses manage and secure their diverse endpoints from a centralized console. These solutions offer features for streamlined endpoint management, enhanced security, and improved IT efficiency. Key features include device enrollment and provisioning for seamless onboarding of new devices, and configuration management for centralized control of settings, policies, and configurations. UEM solutions also provide essential security features like data encryption, access controls, antivirus management, and patch management. Microsoft UEM, which includes Microsoft Intune, offers end-to-end device management solutions, enabling IT administrators to manage multiple endpoint types from a single console, with features such as device enrollment, application management, security policies enforcement, and endpoint analytics. The increasing adoption of UEM solutions will fuel market growth during the forecast period.

Analyst Review

Unified Endpoint Management (UEM) is a modern approach to IT management that enables organizations to secure, manage, and support various computing systems, including laptops, tablets, mobile phones, and even IoT devices, from a single platform. This solution caters to various verticals such as healthcare, education, finance, and retail, among others, by providing IT asset management, advanced endpoint models, and hardware requirements tailored to each device type. UEM supports multiple OS systems, including Windows 10 and ChromeOS, ensuring seamless management and compatibility. With the increasing shift towards remote work, UEM solutions have become essential for ensuring employee productivity and data protection. They offer data security features such as encryption, access controls, and remote wipe capabilities to safeguard sensitive information. UEM solutions are not limited to traditional endpoints like desktops and laptops but also extend to advanced endpoints like POS devices, smart wearables, and mobile banking applications. By integrating UEM into IT departments’ workflows, organizations can effectively manage their mobile devices and ensure user satisfaction. Solutions like Pulseway, VMware, AirWatch, and others offer primary and secondary desktop capabilities, making them versatile and adaptable to businesses’ evolving needs.

Market Overview

Unified Endpoint Management (UEM) is a modern approach to IT asset management that enables organizations to manage and secure computing systems, including laptops, tablets, mobile phones, and IoT devices, from a single platform. UEM caters to various verticals, including large enterprises, healthcare, education, and finance, among others. The operating environment for UEM supports multiple configurations, including Windows 10, ChromeOS, and various mobile operating systems like Android and iOS. UEM solutions provide advanced endpoint protection, access management, and data security for personal devices used by enterprise employees. UEM also offers consulting, managed, and support services, as well as network components and software platforms like Pulseway, VMware, AirWatch, Workspace ONE, Windows, and Microsoft Intune. UEM is essential for managing emerging technologies such as mobile banking and smart wearables, ensuring employee productivity, and maintaining satisfaction with remote work. Traditional endpoints like PCs, smartphones, POS devices, and smart wearables are all within the scope of UEM.

To understand more about this market- Download a FREE Sample Report in minutes!

Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape

42Gears Mobility Systems Pvt. Ltd.BlackBerry Ltd.Broadcom Inc.Cisco Systems Inc.Cloud Software Group Inc.Dell Technologies Inc.International Business Machines Corp.Ivanti Software Inc.JAMF HOLDING CORP.Matrix42 GmbH42Gears Mobility Systems Pvt. Ltd.BlackBerry Ltd.Broadcom Inc.Cisco Systems Inc.Cloud Software Group Inc.Dell Technologies Inc.International Business Machines Corp.Ivanti Software Inc.JAMF HOLDING CORP.Matrix42 GmbH

11 Vendor Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/unified-endpoint-management-uem-market-size-to-increase-by-usd-111-62-billion-between-2024-to-2029–market-segmentation-by-component-deployment-geography–technavio-302349558.html

SOURCE Technavio