{"id":16873,"date":"2022-11-16T08:57:57","date_gmt":"2022-11-16T08:57:57","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=16873"},"modified":"2022-11-16T08:57:57","modified_gmt":"2022-11-16T08:57:57","slug":"8-fintech-trends-to-keep-an-eye-on-in-2023","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/8-fintech-trends-to-keep-an-eye-on-in-2023\/","title":{"rendered":"8 Fintech Trends to Keep an Eye on in 2023"},"content":{"rendered":"<p>The fintech sector is rapidly evolving as it seeks to make things faster, easier and more streamlined for both businesses and consumers. As we edge closer towards 2023, fintech experts make their predictions for the 8 biggest upcoming fintech trends:<\/p>\n<ul>\n<li>Virtual cards \u2013 the growth in popularity of virtual cards will continue to surge, especially as users become more familiar with them and the enhanced security they provide.<\/li>\n<li>Embedded finance \u2013 embedded finance is also expected to grow in 2023 as clients seek to embed financial services into their own products or build completely new financial services from scratch.<\/li>\n<li>Buy-now-pay-later (BNPL) \u2013 BNPL options are expected to further expand. At the same time, BNPL will also likely become more regulated as governments works to force lenders to carry out affordability checks and not mislead consumers.<\/li>\n<li>Cryptocurrency payments \u2013 cryptocurrencies are likely to become an everyday way to way in the near future as a number of financial institutions start to accept them as a form of payment. Additionally, Mastercard, Google and others are developing solutions that allow consumers to more easily access and facilitate transactions using cryptocurrencies.<\/li>\n<li>Contactless wearables \u2013 the internet of things (IoT) is making paying for goods and services faster and easier than ever before. Alongside smartphones, bracelets and smartwatches are now being used to make payments. This trend is likely to grow with increased access to smart wearable objects.<\/li>\n<li>Regtech \u2013 the rise of digital products means there is an increased risk of data breaches, cyber hacks and money laundering. This is where Regtech comes in as the industry looks to solve challenges arising from a technology-driven automated economy.<\/li>\n<li>Artificial intelligence (AI) \u2013 AI will continue to drive infrastructure decisions in the fintech sector. More specifically, chatbots will become more sophisticated and could soon be the future of fintech customer service.<\/li>\n<li>Tribe-based banking \u2013 in 2023 (and beyond), businesses will begin to engage more with online \u2018tribes\u2019 as a way of forming deeper connections with consumers. More businesses will also launch their own financial services centered around the online tribes they are connected with.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16873 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Popular FinTech courses for both beginners and professionals'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/popular-fintech-courses-for-both-beginners-and-professionals\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/05\/popular-fintech-courses-for-both-beginners-and-professionals-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12732\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12732'>\n\t\t\t\tPopular FinTech courses for both beginners and professionals\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Video: central bank digital currency basics'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-central-bank-digital-currency-basics\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/10\/What-is-CBDC-How-does-it-work-Whats-the-difference-between-it-and-Bitcoin-CBDC-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15395\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15395'>\n\t\t\t\tVideo: central bank digital currency basics\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The 2018 Global Fraud and Identity Report'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-2018-global-fraud-and-identity-report\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/11\/the-2018-global-fraud-and-identity-report-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11526\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11526'>\n\t\t\t\tThe 2018 Global Fraud and Identity Report\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The fintech sector is rapidly evolving as it seeks to make things faster, easier and more streamlined for both businesses and consumers. As we edge closer towards 2023, fintech experts make their predictions for the 8 biggest upcoming fintech trends: Virtual cards \u2013 the growth in popularity of virtual cards will continue to surge, especially &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16874,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16873"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16873"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16873\/revisions"}],"predecessor-version":[{"id":16876,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16873\/revisions\/16876"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16874"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}