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Learn More →Banking Trends to Watch in 2024
BaaS, GenAI, TikTok, X, and Digital Wallets Will Reshape the Market
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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
Sources
Media Gallery
About This Report
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.
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
Sources
Media Gallery
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.
authors
Tiffani Montez, Maria Elm, David Morris
Contributors
- Suzy Davidkhanian
- Principal Analyst, Retail & Ecommerce
- Jasmine Enberg
- Principal Analyst
- Amy Rotondo
- Director, US Research
- Yoram Wurmser
- Principal Analyst
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