In a survey done by Accenture, 65% of consumers said that they would prefer to manage their finances through digital devices rather than bank branches.
The banking market is set to change drastically.we've researched the latest stats, consulted with analysts and executives, and combined years of experience in digital solutions for financial institutions to outline what's coming down the pipeline for digital banking in 2022.
It is estimated that the digital banking space would touch above $10 trillion by 2022. With the growing popularity of technology in our day to day life, it's only natural for people to trust technology for their banking needs.
This growth can be attributed to a shift in behavior of consumers from traditional banking to digital banking.
Here are the top trending trends for 2022
1.Rise of the neo-banks and fintech.
2.The shifting balance of power with tech giants
3.Ubiquitous cloud, SaaS, APIs, data analytics and AI.
To read in detail about these banking Trends you can check this link. https://digifintech.in/pages/posts/top-3-trends-shaping-banking