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Thursday, 14 January 2021

Banking & Payment Trends that Will Get Hotter in 2021

There are 5 banking and payments trends that are going to be really hot in 2021; that is according to a piece by Safwan Zaheer writing in a blog post in The Financial Brand.

And what are these 5 trends?
  1. Buy Now, Pay Later (BNPL) will take off.
  2. Venmo will emerge as a new type of payment tender.
  3. “Embedded Banking” is going to grow faster as more institutions offer banking capabilities to non-banks.
  4. Digital currencies and Stablecoins are going to gain major traction.
  5. There are going to be more financial institution mergers in 2021.

Read all the details at The Financial Brand HERE