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Here is how the consumer payments will change by 2030

By Puja Sharma

January 28, 2022

  • AI
  • API payments
  • BNPL
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By 2030, 74% of consumer payments will be handled by non-traditional financial service providers. This figure is an increase from 60% in 2020, putting added pressure on incumbents such as banks, insurers, and credit unions. “Future-ready” pay tech investment to date by Financial Services Institutions has not been sufficient in slowing down this shift, resulting […]

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