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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.

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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

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. According to Disque, the technologies are already in place for B2C firms to take the leap into B2B, but businesses must be strategic about the tools they choose to adopt.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn. percent through 2028, according to Boston Consulting Group. The company announced on Thursday (Dec.