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10 Bank Technology Trends to Follow for 2024

South State Correspondent

While technology has always been important in banking, it has yet to drive the essential functions of banking. We tracked almost 100 banking technology trends throughout the year and now bring you the top ten, in order, based on our view of long-term strategic importance. In the last year, this has started to change.

Trends 195
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How Federal Debt May Impact Banking

South State Correspondent

Furthermore, high federal government debt does not just lead to higher interest rates but also poses economic, national security, and social challenges. By 2028, debt as a percentage of GDP will reach a historical high of 106% and will reach 200% by 2050. With time, these changes will only amplify.

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Here’s How to Become More Than the Branch Next Door

Gonzobanker

Heck, Apple reported in August that it secured more than $10 billion in deposits with its savings product in partnership with Goldman Sachs. While the Oklahoma bank secured an impressive 3,000 attendees for the first one, the events are really bumping these days. bank’s fintech partners.

How To 109
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Contactless Payments Fraud – A Sleeping Lion in a Trillion-Pound Market

FICO

Today, it is the preferred choice of payment in many countries, with the contactless market set to reach a global value of US$6.25 trillion by 2028. Europe and the UK are currently leading the market. For consumers, contactless payments have given them convenience, ease and security. What about for fraudsters?

Fraud 52
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Blockchain Believers Remain Bullish On B2B Payments Disruption: PayPie

PYMNTS

As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. Analysts point to the challenges associated with adoption and implementation of blockchain-powered B2B payment solutions as a key hurdle for the technology.

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Customer Service Can Be A Competitive Advantage For Digital Platforms

PYMNTS

Companies are using artificial intelligence (AI), application platform interfaces (APIs) and other technologies to create new channels for service and customer communication to appeal to a wide range of users. clothing rental market is projected to reach $4.4 billion by 2028. Hyatt Hotels Corp. and Hilton Worldwide Holdings Inc.

Online 130
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5G & The Future Of Connectivity: 20 Industries The Tech Could Transform

CB Insights

Move over, 4G — the next generation of wireless technology is here. 5G technology will enable wider network coverage, more stable internet connections, and faster data transfer speeds (from 4G’s 1Gbps to 10Gbps). 5G technology could integrate many unconnected, energy-consuming devices through low-cost connections.