In 2024, the banking industry will face a complex landscape characterized by economic, technological and operational challenges. The International Monetary Fund (IMF) is predicting tepid global economic growth of only …
Read More »Younger Generations Prefer Brand-Linked Banking
A recent study by Vodeno/Aion Bank revealed that younger consumers are increasingly opting for their favorite brands over traditional financial institutions for financial services. Surveying 3,007 consumers across Belgium, Germany …
Read More »Payment Methods Report 2023 Released
Juniper Research and the Payments Consulting Network have unveiled the Payment Methods Report 2023, which offers actionable insights into the evolving world of payment technologies and strategies. This 8th edition …
Read More »Technology and Fintech Partnerships Continue to Shape the Future of Banking
A recent study commissioned by Temenos and conducted by Economist Impact underscores the urgency for financial institutions to evolve amidst technological disruption, with 79% of survey respondents anticipating that banking …
Read More »AI and Machine Learning Are Revolutionizing Payments
AI and machine learning are rapidly transforming the payments sector, delivering tangible business benefits like higher customer retention rates and increased operational efficiencies. The technologies are enhancing checkout experiences and …
Read More »Phygital Is the New Black
The concept of “phygital” has emerged as a transformative force within the business landscape. By seamlessly merging the strengths of physical and digital realms, companies are not only meeting customer …
Read More »Global Fintech Fest Report Highlights
Global Fintech Fest and Boston Consulting Group recently published a report on fintech trends and ideas. Here are 10 key report highlights: COVID-19 has been a deeply clarifying journey for …
Read More »AI in FinTech Global Market Report 2023 Released
The new AI in FinTech Global Market Report 2023 has been released and highlights key AI trends in fintech. Overall, the report found that the global AI in fintech market …
Read More »Global Non-Cash Transaction Volumes to Reach USD 1.3 Trillion in 2023
According to the new 2023 World Payments Report published by Capgemini Research Institute, non-cash transaction volumes will reach USD 1.3 trillion in 2023. This surge is driven by the convenience …
Read More »What’s Hot and What’s Not in Fintech (Video)
Three seasoned fintech investors give us a quick rundown of which fintech areas are receiving the most attention this year as well as which ones investors are currently down on. …
Read More »PayPal’s Stablecoin Launch Could End the Crypto Winter
PayPal’s launch of the PYUSD stablecoin has the potential to shift the cryptocurrency landscape from speculative ventures to practical payment applications. The combination of the first US financial firm (and …
Read More »Zillennials: The Millennial-Gen Z Mash-Up with Unique Financial Needs
According to new research, Zillennials (a micro-generation between Millennials and Gen Z) exhibit distinct financial behaviors that are focused on savings and a desire for guidance. Here’s 5 key takeaways …
Read More »Can X Become a Financial Super App?
Elon Musk’s rebranding of Twitter into X is part of an effort to create an expansive “everything app” that encompasses social media, e-commerce, payments and banking. The move is seen …
Read More »Kazakhstan: The Largest Fintech Hub in the CIS
Kazakhstan has emerged as a prominent fintech hub within the CIS region, having made tremendous progress with key fintech solutions related to mobile payments, blockchain applications and online lending platforms. …
Read More »How AI Is Disrupting Fintech
According to Grand View Research, the volume of AI tools in fintech reached USD 9.45 billion in 2021, with experts predicting this to continue to rise at a rate of …
Read More »“As-a-Service” Set to Define the Next Era of Banking
A new report produced by Finextra Research in association with FIS delves into “as-a-service” banking models. The report has found that the rise of “as-a-service” banking models is driven by …
Read More »FinTok: How TikTok Is Being Used to Push Financial Awareness
Technological advances and changes in consumer preferences are constantly reshaping the financial landscape. One emerging trend is for financial brands to use the short-form video hosting service TikTok to engage …
Read More »93% of Central Banks Globally Interested in CBDCs
A 2022 survey by the Bank of International Settlements (BIS) has found that 93% of central banks globally are interested in exploring some form of central bank digital currency (CBDC). …
Read More »60% of Consumers Turn to Fintech Apps Before Financial Professionals
According to Capterra’s 2023 Fintech Survey of over 870 consumer fintech users, fintech apps have simplified financial management, with 60% of respondents seeking advice from personal finance tools before financial …
Read More »Market for AI in Fintech to Reach USD 39.1 Billion by 2032
According to a report by Market Research Future, the market for artificial intelligence (AI) in fintech is expected to grow at a rate of 16.9% and reach an estimated size …
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