The challenge facing the financial industry is how to adapt, evolve, and compete in a world where traditional financial systems and practices are no longer adequate. Disruptions in the form of new technology, regulatory pressure, and rising interest rates are forcing companies to rethink their strategies. It’s a future that’s both exciting and dau...
20 October 2023 /payments /cloud Artificial Intelligence and Financial Services
The National Retail Federation (NRF) forecasts that 2022 holiday retail sales will grow between 6% and 8% over last year, and could reach $960 billion. According to Adobe, U.S. shoppers spent $35.27 billion online overall during Cyber Week, the period from Thanksgiving through Cyber Monday. That's a 4% gain over last year at a time when U.S. infla...
20 December 2022 /payments /predictions Banking Strategy, Digital and Transformation
Although digital transformation was seen as a luxury for financial services companies in the pre-pandemic era, today it’s a necessity for every organization in the industry. Global investments in digital transformation are on track to reach $1.8 trillion in 2022, a 17.6% increase from 2021. And it won’t stop there: spending is expected to double b...
17 October 2022 /retail /predictions Banking Strategy, Digital and Transformation
Banking Strategy, Digital and Transformation
Digital Banking Trends
Trends in Financial Services
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