702 Results from /predictions
Donica Venter Marketing coordinator at Traderoot
Keeping up with banking trends is not easy, especially when the competition is so tough, and the trends are ever developing. In this article, we look at some of the top trends banks should be exploring to avoid losing customers to fintech disruptors. In this blog post, we outline five key trends shaping the payments industry: Contactless Payments; ...
04 January 2024 /payments /predictions Fintech
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Citizens - at home and at work - will get accustomed to get all sorts of credentials to their identity wallets. One important life event for the citizen at home is the job application and at work the need to find skills to employ or deploy. The first step for education and qualification providers in all sectors is to deploy their own identity appl...
03 January 2024 /identity /predictions Innovation in Financial Services
David Hensley Founder at Enryo Limited
The outlook for the cash industry in 2024 is a complex tapestry woven with threads of decline, resilience, and potential adaptation. Here are some key things to watch out for: Continued Decline: Cashless adoption: The trend towards cashless payments is likely to continue, driven by the convenience and security of digital transactions. Mobile walle...
03 January 2024 /payments /predictions Imagine a world without cash
Robert Houghton Founder at Insightful Technology
As financial institutions gear up for the next 12 months, it’s time to reflect on the key trends and developments, considering how they’ll shape the year ahead. While the financial landscape is constantly evolving, we believe there are four important issues that will shape 2024: 1. AI-powered compliance AI and automation are the buzzwords of the y...
21 December 2023 /regulation /predictions Financial Services Regulation
Thorsten Hein Principal Product Marketing Mgr. & Insurance Lead at SAS
As 2023 draws to a close, the insurance industry faces a landscape rich with possibilities and fraught with potential failure. Insurers are faced with having to answer the existential threat of climate change alongside the expanding use of artificial intelligence (AI) as regulation evolves in real time. In 2024, many experts predict that insurers ...
18 December 2023 /regulation /predictions Artificial Intelligence and Financial Services
Michael Boukadakis CEO at ENACOMM
If bankers want to survive, they cannot afford to choose complacency when it comes to technological innovation. In fact, they should bet their careers on replacing outdated systems and solutions. If a banking core doesn't allow for innovation – the continual updating of capabilities, channels, interfaces and processes – it needs to be replaced. Ot...
12 December 2023 /retail /predictions Digital Bank Transformation
John Bevil Product Director, Capital Markets at Xceptor
As 2023 draws to a close, we look towards a new year that will continue the transformation of financial services, driven by technological innovation and regulatory change. The implementation of T+1 in the US and Canada will serve as a benchmark for financial institutions globally. Successful adaptation requires readiness and a proactive approac...
12 December 2023 /regulation /predictions
Kanika Hope Chief Strategy Officer at Temenos
Challengers face an uncertain future. Some will run out of cash, some will get acquired by incumbents or even the more successful challengers, and then there are those that will succeed independently. So what are the possible outcomes? Shut Down: Of ~630 launches since 2010, ~180 challenger banks have ceased operations due to lack of sustainable r...
11 December 2023 /startups /predictions Banking
Ben Goldin Founder and CEO at Plumery
As we reach the end of another eventful year in banking, it’s time to take stock and reflect. From the accelerated fall of high street bank empires, the ongoing fight for market share from both incumbents and their challenger peers, and how everyone is harnessing the power of AI, it’s been quite a ride. Here we give a run-down of some of the most...
11 December 2023 /retail /predictions Banking
Srinivasagopalan R Principal Consultant at Tata Consultancy Services
As the banking industry rebounded from the pandemic, they entered a period of new challenges and opportunities. MACRO DEVELOPMENTS: Market, Regulatory, Competition and Technology In the current business operating environment, there are few concerns around inflation leading to higher interest rates, which makes it expensive for banks to borrow and l...
11 December 2023 /retail /predictions Digital Banking Trends
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