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
The Road Towards Digital Payments During the Pandemic
The contactless payment market is estimated to surge during the global crises of the coronavirus disease owing to the need… Read More
Financial Transformation Breakthrough: Are You Starting Too Big?
In their article on the a16z blog, “The CFO in Crisis Mode: Modern Times Call for New Tools,” Seema Amble… Read More
The Advantages of Blockchain over Traditional Payments
E-commerce is expected to surpass $4.6 trillion globally by 2022, with the seamless experience of e-wallets boosting its popularity. The… Read More
THESE ARE THE U.S. BANKS YOU SHOULD BE TRUSTING WITH TRADE FINANCE AND CASH MANAGEMENT
Global Finance editors, with input from industry analysts, corporate executives and technology experts selected the best trade finance banks in… Read More
LATEST: 2020 is Shifting the B2B Payments Scene
B2B payments have historically been slow to adapt to automated payments but COVID may be the vehicle to forever change… Read More
AI and Cryptocurrency – How They Can Work Together Effectively
There will soon come a time when artificial intelligence will be running on top of cryptocurrency systems like Blockchains with… Read More
Making Your Case: The Four E’s of Payment Automation
Paying suppliers by check is a practice that has endured for much longer than anyone would have imagined. For a… Read More
An Economic Recovery From COVID-19 in 2021 Is Possible – But Massive Uncertainty Remains
COVID-19 has had a devastating effect on human life. But it has also caused widespread economic upheaval for both advanced… Read More
NEW YORK RANKS AS THE TRADING CAPITAL OF THE WORLD
DailyFX has analyzed the finance and trading skills index, showing which skills can increase your salary, where in the world… Read More
Bitcoin Has Gained Legitimacy in 2020
Throughout its brief but exciting existence, bitcoin has had its detractors. For every enthusiast predicting soaring values or a shift… Read More
Why is the Supplier Experience Important in Payment Automation?
It’s a difficult time to be a supplier. As companies conserve cash amid difficult economic conditions, suppliers are often the… Read More
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