And we’re kicking off the week with new analysis and opinions on fintech with updates on the future of banking, generative AI, ransomware threats, and more. Dive into the latest fintech insights and have a great start to the week!
Fintech Trends to Watch in 2024 (Insider Intelligence)
In 2024, the fintech industry confronts challenges like reduced funding and increased regulatory scrutiny. Despite this, opportunities emerge, such as the transformation of property and casualty risk assessment through parametric insurance. Additionally, deploying generative AI in banks offers a niche for tech providers. The report sees potential for innovative startups and vendors to thrive amid the challenges, turning them into opportunities in the evolving fintech landscape. Read more
Top 7 Fintech Trends Predicted for 2024 (Finextra)
In 2024, fintech trends include Embedded Finance integration, global momentum for Central Bank Digital Currencies (CBDCs), maturing Decentralized Finance (DeFi), the rise of Super Apps, challenges in Banking-as-a-Service (BaaS) collaborations, AI-powered personalization, and global expansion of Open Banking. These trends shape a digitally integrated and accessible future for the fintech industry. Read more
AI, BNPL and CBDCs: The industry’s fintech predictions for 2024 (Fintech Futures)
Fintech’s 2024 predictions: AI deepens in payments, enhancing fraud management. Generative AI offers personalized financial updates. Embedded finance grows as brands directly provide services. BNPL services surge for convenience. CBDCs gain importance, especially in Asia. Bank-fintech partnerships drive rapid innovation. 2024 promises a dynamic fintech landscape with enhanced security and convenience. Read more
2024 Regulatory Reporting Trends and Predictions (Cappitech)
In 2024, major changes in global regulatory reporting are expected. Highlights include derivatives reporting upgrades, the SEC’s shift to a one-day settlement cycle, Canada’s move towards Consumer-Driven Banking, and potential institutional adoption of cryptocurrencies. Managed services and increased regulatory enforcement are emerging trends. Read more
7 Fintech Trends for 2024 – Insights from Europe’s Leading Financial Services Marketing Agency (Market Watch)
Fintech trends for 2024 include AI and ML adoption, increased integration of blockchain and cryptocurrencies, the rise of open banking, growth in InsurTech, strengthened regulatory technology, expansion of alternative lending, and a focus on customer-centric finance with innovative technologies like AR/VR. Read more
2024: The next stage in the insurtech market evolution (Freshfields Bruckhaus Deringer)
In 2024, the UK insurtech market sees growth, emphasizing regulatory support and collaboration between traditional insurers and technology-driven players. Increased oversight is expected for insurtech platform providers, and there’s a focus on digital transformation and embedded insurance solutions for a better customer experience. The UK-US Insurtech Corridor promotes collaboration and innovation between the UK and the US. Read more
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