Publication Details
Issue: Vol 3, No 9 (2022)
Pages: 56-67
ISSN: 2660-454X

Abstract

2022 will be both a challenging and an exciting year for financial institutions. Innovative new technologies are redefining the sector, shaping the services that financial organisations offer, the ways in which they interact with consumers, and the ways in which they apply new sources of data across departments.
The evolution of financial services is set to continue. Let’s examine the 5 top trends for financial organisations in 2022:

Buy now, pay later (BNPL) will continue to grow
Open banking will dominate the future
Cloud-native systems will replace legacy alternatives
Artificial intelligence (AI) and machine learning (ML) will increase in importance
Cybersecurity continues as a top priority.

Keywords
trends financial market 2022 emerging organizations cyber security data consumers