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Artificial Intelligence

Digital wallets are forecasted to reach $25 trillion in global transaction value by 2027
Consumers are growing to expect the same responsiveness, availability, and reliability from banks as they do from eCommerce sites
Number of countries exploring digital currencies has increased from 35 to 134 since 2020
Texts impersonating banks caused victims to lose $800 per scam in 2023
Report finds 17% of customers think AI will make their lives worse
Recent developments in the technology are seeing a growth in investment in AI
More than 60% of middle-market companies class themselves as “digitally native”
Bitcoin reached its 45-month high on Monday climbing over a stunning $54,000
Rumors of BaaS’s demise have been greatly exaggerated
The British government has pushed off the decision to go forward with a digital pound until at least 2025
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