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How Federal Debt May Impact Banking

South State Correspondent

Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.

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Flywire Raises $120M, Acquires Simplee Healthcare Tech Startup

PYMNTS

This funding round brings the company’s total capital investment to $260 million. Tiger Global Management and Adage Capital Management also joined the round as new investors, with participation from existing investors. percent from 2019-2028 and is expected to comprise a $2.5 It is estimated that U.S.

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Fostering Payments Trust In A Global Freelance Economy

PYMNTS

Today, while shutdowns have led many businesses to temporarily halt non-essential spending, many in the market actually expect the expansion of the freelancing community to accelerate as a result of market volatility. talent pool by 2028. But, they said, if compensation workflows break down, trust can quickly erode.

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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.

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10 Bank Technology Trends to Follow for 2024

South State Correspondent

Enterprise Continuous Threat Exposure Management While many banks are advanced in managing their ongoing exposure management, the pace of change is causing banks to rethink their cyber defense. This dramatically shortens the time to market while creating scale.

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