Fintech

In 2024, the global real-time payments market reached $24.91 billion. It is projected to grow from $34.16 billion in 2025 to $284.49 billion by 2032, demonstrating a CAGR of over 35.4% during this period.

Amazon and Microsoft continue to dominate the global cloud market, with a projected CAGR of 16.8% from 2024 to 2029. ☁️📈

Banking-as-a-Service (BaaS) is transforming how companies offer financial products. With API-driven solutions, businesses can integrate banking services without building their own infrastructure. Here’s a simple breakdown of how it works!

Learn how data storage, cryptographic access control, and automation shape decentralized blockchain systems. Build secure and efficient solutions!

Explore the top blockchain trends like DeFi, AI integration, and Blockchain-as-a-Service. See how they’re revolutionizing industries and creating new opportunities!

Discover how smart contracts automate tasks, enhance security, cut costs, and build trust in your software projects. See the future of efficiency!

This infographic illustrates the rapid growth of AI in asset management, with a projected CAGR of 34.37% from 2024 to 2031. The market is expected to expand from $2.78 billion in 2024 to $47.58 billion by 2031, highlighting the transformative potential of AI in this sector.

This infographic breaks down the three main areas of asset management: financial assets (like stocks and mutual funds), physical assets (such as real estate and equipment), and intangible assets (including intellectual property and digital assets).

Legacy systems come with challenges like high maintenance costs, manual processes, limited integration, and compliance struggles. On the other hand, modern systems offer efficiency, seamless integration, scalability, enhanced security, and compliance readiness. Upgrading isn’t just about staying current - it’s about unlocking your fintech potential and future-proofing your business. Curious to dive deeper? Read the full article here...

Sometimes there are also discussions about the embedded finance vs open banking comparison. Nevertheless, embedded finance is a different concept that shouldn’t be placed in the same row as open banking and finance. It refers to the integration of financial services into non-financial platforms, products, or services. It allows non-financial companies, like retailers, to offer financial products, such as payments, lending, insurance, or investment, directly within their ecosystem. As for...

The key difference between open banking and open finance is in their scope. Open banking is focused on payment data. Being a broader concept, open finance covers not only payment data but also all other data that can be accumulated by financial institutions. That’s why for your project you should decide whether you need to deal with a wider scope of data, or traditional open banking approach will be enough to satisfy your requirements. Here, it is vital to mention that these two concepts...

In 2023, the global open banking market size hit the mark of $25.6 billion. According to experts, the future of this sector is rather bright. This figure can reach $113.3 billion by 2032. It means that the CAGR during 2024-2032 will be close to 17.5%.