13 Results from 2020, /predictions
Daire Ferguson CEO at AvaTrade
As of 2019, the average daily social media usage of internet users worldwide amounted to 144 minutes per day, up from 142 minutes in the previous year. Given the whirlwind year that 2020 has been, with so many people stuck at home, it seems likely that the most recent data will be even higher. Social media provides a useful way for us to keep in c...
24 December 2020 /markets /predictions Trends in Financial Services
Paul Shumsky Technology Advisor at Entrepreneur
As the new year approaches it is a great time to recap 2020 outcomes, review market activity and expert predictions for 2021 to tailor the strategy accordingly. This year was full of unpredicted events with the pandemic and lockdown as major ones that had a strong influence on the financial industry. In this list, we summarized 20 recommendable ar...
23 December 2020 /covid-19 /predictions Digital Banking Trends
Retired Member
Checks are one of the oldest methods of payment in the modern era, and although their use among consumers has declined significantly, businesses are another story. While they are less common in other parts of the world, North Americans often use checks for businesses expenses regularly. This is particularly true when payments must be made cross-bo...
22 December 2020 /payments /predictions Fintech
Fintech, along with the rest of the world, has had an extraordinary 2020. Major scandals have rocked the industry, but at the same we’ve marked significant advances that will help to point the way to a better future of finance. As 2020 proved, predicting the future is always a difficult proposition. But, in the spirit of bravery, here are my things...
21 December 2020 /predictions Fintech
The move from analogue to digital, already accelerated by Covid-19, will continue apace in 2021. The key factors driving this include: cultural change, growing regulation, cloud uptake and an increased appetite for innovation. Let’s consider the impact of each of these on payments and the priorities for banks in the year ahead as they seek to buil...
18 December 2020 /payments /predictions Payments strategies 2015-2020-2030
Andrew Beatty Head of Wealth, Retirement & International at FIS
In the words of famed singer-songwriter Bob Dylan, “The Times, They Are A Changing.” In this blog we examine how pricing models are changing and emerging, both in terms of consumer behavior in general, and for the banking industry in particular. Pricing models are changing before our eyes. On-demand, consumption-based pricing is seemingly everywher...
17 December 2020 /retail /predictions Banking Strategy, Digital and Transformation
Jason Johnson Co-Founder and Penetration Tester at Predatech
The unprecedented events of 2020 have had a significant impact on the way cyber criminals have developed and administered attacks. Not only are we seeing the emergence of Ransomware 2.0, we're also seeing a continued explosion in invoice and payment-based business email compromise (BEC) fraud. A BEC attack, also known as man-in-the-email, involves...
14 December 2020 /crime /predictions Information Security
As we approach 2021, access to money represents both a challenge and opportunity. Companies need access to capital and in the short term, to loans. The latter may be required at increasing frequency if healthcare problems on the ground overwhelm societies. Resilience and responsiveness are key. There is a general consensus about digitisation. But ...
14 December 2020 /covid-19 /predictions Banking Strategy, Digital and Transformation
Luc Gueriane CCO at Moorwand
2021 predictions from Luc Gueriane, Chief Commercial Officer at Moorwand 2020 has been dramatic to say the least. In the fintech industry there has been a monumental shift towards digital payments. The mix of shop closures, lockdown measures and the booming ecommerce sector have made fintech products more relevant, and more important, than ever. A...
14 December 2020 /payments /predictions
Nick Green Director at Purple Patch Broking Ltd
Nick Frazer | December 2020 Changing data usage and significantly increased portfolio risk posed great challenges for risk and procurement professionals during 2020. Now, as businesses reopen and we move into 2021, we will start to see credit providers shifting gears from firefighting to addressing the aftermath of COVID-19. 2021 is expected to se...
08 December 2020 /retail /predictions Financial Risk Management
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