2022 was a year of transition for consumers, as BNPL (Buy Now, Pay Later) and mobile payments became mainstream, SoftPOS technologies swept into the retail world, and CBDCs took another major step forward in their development. But what’s coming next? Tommaso Jacopo Ulissi, Head of Group Business Strategy, Nexi Group explores some key trends to expect in 2023…

Lessons learned from 2022

1. BNPL

Main Street Alliance (MSA), a non-profit organization that works with small businesses across the country to create an equitable economy, today announced that it has partnered with 

FV Bank, the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to fintech and blockchain firms, has today announced the launch of its cross-border foreign exchange (FX) payments service for its U.S. and international account holders.

SEBA Bank, a FINMA-regulated, licensed digital assets bank, today announces an innovative offering for its clients. SEBA Bank is shaping the future of finance, simplifying crypto banking for its clients, whether traditional or crypto-savvy investors. Clients are the focus at SEBA. Become a client and discover first-class crypto banking.

Lloyds Bank Corporate & Institutional Banking has continued to strengthen its Transaction Banking Solutions team with the appointment of Maria Shaw, as Managing Director, Head of Card Payments.

Murex is honoured by its highest-ever Glassdoor ranking as one of the very Best Places to Work in France based on unbiased, anonymous reviews of the company.

finova Payment and Mortgage Services today announces its partnership with Loans Warehouse, one of the highest-ranked second-charge mortgage brokers in the finance industry.

SCRYPT Digital, the Swiss-regulated company offering a single point of access into digital assets for institutions has been chosen by Kiln, the tech provider behind the first enterprise-grade liquid staking protocol, to provide a seamless on/off-ramping service for its treasury.

Silvergate Bank, known for offering banking services to the emerging cryptocurrency industry, has taken advantage of a quasi-federal lending program, the Federal Home Loan Bank of San Francisco, in order to stay afloat during a run on the bank. In Q4 of 2022, the bank saw customer withdrawals of $8.1 billion, accounting for 70% of the bank’s deposits. The Federal Home Loan Bank system was created during the Great Depression in order to make homeownership more affordable.

Alternative data specialist QuantCube Technology today announced the availability of QuantCube CPI nowcast indicators for Brazil and China. The new indicators, which quantify the Consumer Price Index at a country level in real-time, are available on the QuantCube Macroeconomic Intelligence Platform (MIP). The launch of these new indicators forms part of a planned expansion of QuantCube’s CPI nowcasts for both emerging and developed economies.