How has software evolution influenced banking? - Decoding: Banks - Episode 7

From 11:FS. The invention of the computer revolutionised banking in the 1950s. But in the decades since, advances in software have left banks out in the cold. Then, in the 1990s, the Internet changed everything.

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