New Paths For Payments And Commerce In The 2020s And Beyond

New Paths For Payments And Commerce In The 2020s

An Airbnb move could change up payments as customer relationship management ups its own game. Fraud detection systems have a big problem with at least one type of lucrative scam, while blockchain is set to reinvent lending and APIs change finance.

New Paths For Payments And Commerce In The 2020sData:

$1.1T: Estimated business revenue boost from AI-enabled CRM software.

57 percent: FIs with less than $15B in assets that plan to use third parties for real-time payment connections.

80 percent: U.S. banks in 2018 that planned to provide real-time payments.

40 percent: Share of travel operators struggling to manage multiple payment service providers.

95 percent: Potential amount of synthetic fraud IDs slipping past detection systems.