Finance Banking
Market Opportunity:
Digital banking is projected to reach 4.2 billion users by 2026. Embedded finance (e.g., Buy Now, Pay Later) is growing at 28% CAGR. AI-driven fraud detection could save $10 billion annually, while blockchain is streamlining cross-border payments in a $156 trillion market.
Key Growth Drivers:
Embedded Finance:
Non-banks (retailers, automakers) will capture 25% of banking revenue by 2027 through APIs offering loans, insurance, and wealth management.
Central Bank Digital Currencies (CBDCs):
130+ countries are exploring CBDCs, with pilot programs reducing remittance costs by 80%.
AI-Powered Risk Management:
Machine learning credit scoring reduces defaults by 25%. RegTech automates compliance for MiCA, GDPR, and OFAC.
Regional Trends:
- Africa: Mobile money accounts surpassed 600 million in 2023
- Latin America: Brazil’s Pix instant payment system processed $1 trillion in 2023
Strategic Imperatives:
Hyper-personalized loyalty programs using transactional AI
Cloud-native core banking systems
Crypto custody solutions for institutional investors
Quick Link
Contact Us
- 1-888-EPMG-NOW
- info@epmgsolutions.com
- address Suite No. 205, 7025 Tomken Rd, Mississauga, ON L5S 1R6