Consumer preferences continue to shift at a rapid pace, and banks and credit unions are being challenged to adapt. In addition to evolving customer expectations, institutions across the globe face lingering economic pressures that make driving efficiencies and optimizing processes a significant priority.

These factors are creating both challenges and opportunities as we look to a new year. Experts from NCR Atleos today shared the following trends to watch in 2024.

Humans have always pushed boundaries. From searching for new worlds in the 15th century to exploring new planets today, the human race is constantly seeking change and innovation – and that’s no different in the banking world.

Spectrum Markets (“Spectrum”), the pan-European trading venue for securitized derivatives, has published its SERIX sentiment data for European retail investors for November, revealing a sharp decline in sentiment towards the German DAX 40 index, reaching 93 points this November, its lowest point in the past two years. 

The benchmark index DAX 40 comprises the 40 largest German stocks listed on the Frankfurt Stock Exchange.

Citi has led a strategic investment round in Supra. Far Out Ventures and H20 Capital also participated in the financing round.

Supra is a Colombian fintech that enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that participate in import and export activities.

IXOPAY, a leading payment orchestration platform, and Visa, a global leader in payments, are pleased to announce the introduction of support for network tokenization in IXOPAY. Network tokenization simplifies the handling of card-on-file transactions for merchants, which are commonly used to handle subscription billing as well as purchases by return customers.

GoCardless, the bank payment company, has announced a partnership with Acre, an all-in-one platform for mortgage and protection brokers, to help them collect service fees from their clients in a more seamless and cost-effective way.

Ebury, the global financial technology firm headquartered in London, announces the acquisition of financial services firm Prime Financial Markets based in Johannesburg, South Africa.  

Prime Financial Markets is a registered Financial Services Provider offering financial market advice and intermediary services in the treasury and financial market space with significant experience supporting customers with their financial market exposure.

Fibank (First Investment Bank) has launched a new high-end card product suitable for business customers – Visa Platinum Business Debit. The cards are designed for managing company funds and bring a number of privileges to customers, such as:

Money laundering is the lifeblood of organised criminals – put simply, without the ability to move and convert criminal proceeds into “clean” money to fund further crime and the lavish lifestyle criminals aspire to, organised crime gangs cease to function.