Tag: Juniper Research
Credit cards issued through digital platforms to soar by 170%
The number of credit cards issued via digital card issuance platforms will exceed 321 million globally by 2027, up from 120 million in 2023.
B2B cross-border payments spend to exceed $40trn in 2024
Global spend on B2B cross-border payments is expected to exceed $40trn by the end of 2024, rising from $27trn in 2022, according to a report from Juniper Research.
AI-powered financial fraud detection spend to hit $10bn
AI-powered financial fraud detection spending will exceed $10bn by 2027 as firms try to cope with increasingly complex attacks, according to a report from Juniper Research.
Global spend for OTT to hit $25bn in 2023
The global spend for OTT (over-the-top) based conversational commerce is expected to rise from $13.3bn in 2022 to $25.1bn in 2023, according to a report from Juniper Research.
Contactless mobile payment users to exceed 1 billion by 2024
The total number of unique contactless mobile payment users will reach one billion for the first time in 2024, according to a report from Juniper Research.
Travel and expense management fraud to rise, as will fraud
Total revenue generated by travel and expense (T&E) management is expected to reach $16bn by 2027, rising from $8.7bn in 2022.
Total BaaS revenue to exceed $38bn by 2027
The total banking-as-a-service (BaaS) platform revenue will exceed $38bn by 2027, rising from $11bn in 2022, according to a report from Juniper Research.
International digital remittances volume to exceed 2 billion by 2027
The total volume of international digital remittances will exceed two billion in 2027, up from just over 1.1 billion in 2022, according to a report from Juniper Research.
Contactless payment transaction value to reach $10trn by 2027
The value of contactless payment transactions is expected to reach $10trn by 2027, up from $4.6trn in 2022, according to data from Juniper Research.
Apple to drive huge surge in soft POS adoption
The number of merchants deploying soft POS solutions will surpass 34.5 million globally by 2027, rising from six million in 2022.