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Global RegTech spend to exceed $200bn in 2026
Global RegTech spend is expected to exceed $204bn by 2026, which will account for 50% of all regulatory compliance spend for the first time.
Global digital identity revenue to exceed $53bn by 2026
Revenue for digital identity marketplace vendors is expected to exceed $53bn by 2026, doubling from the $26bn value in 2021, research from Juniper Research claims.
Blockchain-based insurance to save $10bn in claims admin
Blockchain-based insurance will transform claims administration and save $10bn in costs globally by 2024, up from $1.1bn in 2021, according to a report from Juniper Research.
Prepaid card transactions soar, Juniper reports
The value of transactions made over prepaid cards will exceed $4.1trn globally in 2026, up from $2.3trn in 2021, according to a study from Juniper Research.
PaaP taking off in emerging markets, Juniper reports
The total value of mobile money transactions in emerging markets is predicted to exceed $870bn in 2026, representing an increase of 60% from $550bn in 2021, according to a study from Juniper Research.
In-vehicle payment market anticipates huge 5000% growth spurt by 2026
A recent study by Juniper Research has found that the in-vehicle payment market will see growth of over 5,300% over the next five years.
Open banking-facilitated payments to grow by 2800% in five years
Global payment transactions facilitated by open banking are expected to exceed $116bn by 2026, rising from $4bn in 2021.
B2B domestic payment transaction value to exceed $54trn in 2023
A study by Juniper Research has found the transaction value of business-to-business domestic payments across payment methods is expected to surpass $54trn in 2023.
Volume of mobile transactions expected to surge
The volume of mobile transactions is expected to surge by 93% in the next two years.
Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.