Dramatic shifts are in the works for 2024, as BaaS, social media players, genAI, and new digital wallets reshape the banking landscape. Our top trends explore what’s in store.
The banking industry will face a gauntlet of challenges in 2024, as soaring interest rates, rising delinquencies, unpredictable inflation, and stringent capital requirements threaten to accelerate shrinking profit margins. Meanwhile, social media platforms are turning up the competitive heat and generative AI (genAI) disruption looms large.
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Table of Contents
Risky BaaS partnerships will test the trust between FIs and fintechs
Banks get real about the disruptive challenges of genAI
A wave of social media players will push the boundary of banking with bold new ventures
Paze will put banks back in the digital wallet game
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