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Chime to go public in 2025

The Paypers

US-based fintech Chime has been reported to intend to launch its initial public offering (IPO) in the US in 2025, with the company not yet engaging banks.

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Banks could save more than $70 billion using new tech by 2025

Bank Innovation

North American banks could save more than $70 billion through 2025 using technology to automate jobs or assist employees, according to estimates from Accenture Plc.

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Amex to prioritize growth in 2024, product innovation in 2025

BankInovation

American Express plans to invest in product innovation in 2025 to keep up with anticipated growth in 2024. “We currently have plans to refresh around 40 products globally next year,” Chief Financial Officer Christophe Caillec said today during the card giant’s fourth-quarter earnings call.

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BNP Paribas aims for 1K AI uses by 2025

BankInovation

BNP Paribas aims to develop 1,000 AI use cases by 2025. trillion, Paris-based bank has been using AI for years and already has 700 uses for the technology, including 26 generative AI models in testing, a BNP spokesperson told Bank Automation News. BNP Paribas is in the top 12 banks globally for its […]

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UK house prices will not stop falling until 2025, Lloyds predicts

TheGuardian

decline in 2024 UK house prices will continue to slide this year and in 2024 and will not start to recover until 2025, Lloyds Banking Group has forecast. Britain’s biggest mortgage lender forecasts 5% drop over this year and another 2.4% in 2024.

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Southeast Asia’s Internet Economy To Hit $240B By 2025

PYMNTS

Thanks to affordable mobile internet, the internet economy in Southeast Asia is expected to surpass $240 billion in 2025, according to a new study conducted by Google and Temasek Holdings of Singapore. The report predicted the market would swell to more than $100 billion by 2025 as consumer trust in online shopping grows.

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Banking Predictions 2024: Gray Skies Are Going to Clear Up (in 2025)

Gonzobanker

By the end of 2025, however, commercial RTP payments will start to grow more significantly as smart banks realize that’s where the opportunity (i.e., The post Banking Predictions 2024: Gray Skies Are Going to Clear Up (in 2025) appeared first on Gonzobanker. It will take some time and effort for banks to get this right. money) is.

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