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Liudmila K. Oct 7, 2024
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Last active over 7 days
Last active over 7 days
Here are the latest digital banking trends you can't miss:

1️⃣ 𝗚𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝘃𝗲 𝗔𝗜: Expected to boost productivity by 5% and save up to $300B globally.

2️⃣ 𝗢𝗽𝗲𝗻 𝗕𝗮𝗻𝗸𝗶𝗻𝗴: PSD2 in Europe revolutionized data sharing between banks and third-party providers.

3️⃣ 𝗢𝗽𝗲𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲: Broadens data access to loans, investments, and more, linking with sectors like healthcare and government.

4️⃣ 𝗘𝗺𝗯𝗲𝗱𝗱𝗲𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗲: Set to reach $7.2T by 2030, with 92% of businesses planning to adopt it soon.

5️⃣ 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆: Innovations like passwordless authentication, AI fraud detection, and biometrics are on the rise.

6️⃣ 𝗡𝗲𝗼𝗯𝗮𝗻𝗸𝘀: Expanding into niche markets and collaborating more with traditional banks.

7️⃣ 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗕𝗮𝗻𝗸𝗶𝗻𝗴: Green cryptocurrencies focus on clean energy and reducing consumption.

8️⃣ 𝗥𝗼𝗯𝗼-𝗔𝗱𝘃𝗶𝘀𝗶𝗻𝗴: A hybrid model blending AI and human advisors is gaining traction.

9️⃣ 𝗦𝘂𝗽𝗲𝗿 𝗔𝗽𝗽 𝗕𝗮𝗻𝗸𝗶𝗻𝗴: Financial super apps are gearing up to enter Western markets.

🔟 𝗧𝗼𝗸𝗲𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗮𝘀𝘀𝗲𝘁𝘀: Facing regulatory and technical hurdles but has potential for growth.

Explore the full list of digital banking trends, along with their key benefits, future outlook, and integration challenges: https://innowise.com/blog/digital-banking-trends-2024/
 

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Liudmila K. Oct 7, 2024
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