FinTech Trends 2024: Payment Delinquencies, BNPL Rise, A2A and Instant Payments Push
In this episode, I share some key takeaways relating to economic and FinTech trends and patterns in Europe that I have gathered from several different reports as well as through my own observations. From the payment default crisis to the state of BAS and the rise of BNLP, A2A, and digital wallets, tune in today to hear it all!
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Today’s episode:
- [00:38] Documents I have been reviewing which form the basis of this episode.
- [01:31] The problem of inflation.
- [02:23] An overview of the current state of the European economy.
- [03:19] The BNPL (buy now, pay later) landscape.
- [04:35] How the payment crisis is affecting businesses.
- [05:52] The derisking process that banks are going through.
- [07:48] Understanding the digital wallet trend.
- [09:38] The pros and cons of account-to-account payments.
- [12:03] Why the current market conditions are unfavorable for BAS (banking as a service) providers.
- [14:42] New fraud patterns that have emerged in recent years.
- [15:36] Why it’s worth keeping an eye on the increased drive for instant payments.
- [17:43] The need for additional technological innovations.
- [19:15] The rate of predicted growth of payment companies.
- [20:00] What you will get out of the workshop I am holding on June 4th!
Show links:
- Join my masterclass on Setting Compliance Priorities in FinTech here!
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