The banking industry is not only one of the cornerstones of the global economy, it is firmly entrenched in nearly every aspect of our professional and personal lives. The financial transactions that constitute banking have been around for hundreds of years, contributing to the somewhat lackluster reputation of the industry. In recent years, however, deregulation and technological developments have brought notable changes that will help banks meet 21st century challenges in variable economic times. As other types of companies enter the financial services business, banks have also improved and expanded their suite of products and solutions to maintain their market share. The role of government, more prominent in banking than perhaps any other type of business, will continue to be critical in shaping the industry’s future.
Retail Banking Market Set to Reach $3.15 Tillion by 2032 with High Growth in Large Bank Segment
The retail banking market will witness over 5% CAGR between 2023 and 2032, propelled by surging deals and sales, enticing… Read More
How to Raise Pre-Seed & Seed Funding: 5 Alternative Strategies
Want to learn how to raise seed funding for your startup? You’re in the right place. For growth-focused startups, getting… Read More
Solving Supply Chain and Security Problems with Blockchain Technology
In the last few years, blockchain has become a buzzword in the tech industry. The concept entered the public consciousness… Read More
Mobile Wallet Market: Top Emerging Trends Fostering the Industry Growth through 2026
The mobile wallet market is set to register significant growth during the forecast period. Mobile wallets and mobile banking have… Read More
3 Biggest Threats to a Bank’s Cybersecurity
Our world is changing. It is undergoing rapid and massive digitization. It would be safe to claim that we have… Read More
Why Investors Need to be Wary of the Investment Herd Mentality
The past year has been one of exceptional volatility – volatility for personal lives while dealing with COVID restrictions, volatility… Read More
How Remote Work Lends Itself to Reshaping the Back Office
The pandemic has been hard on everyone in different ways, and though the end is in sight, we’re not there… Read More
HOW TO BETTER PREPARE PAYMENTS FOR FUTURE DISRUPTIONS
A particularly virulent and nasty airborne virus, it has so far accounted for 2.5 million deaths worldwide with more than… Read More
Blockchain Technology: What Is it and How Does It Work?
What is Blockchain Technology? Transactional records are stored in Blockchain technology which is known as the term “blocks”, of the… Read More
Virtually Fraud-Proof: Why Now is the Time to Grow Your Virtual Card Program
One of the business stories coming out of the last year is the dramatic growth of electronic supplier payments. In… Read More
How Local Payment Methods Are Helping Fuel Latin America’s e-Commerce Boom
One glimmer of good news for the economies of Latin America (LATAM) during the COVID-19 pandemic is the incredible boost… Read More
Blockchain: Everything You Need to Know
Blockchain has transformed the way information can be shared on the internet because the data can’t be modified or deleted…. Read More
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