PYMNTS-MonitorEdge-May-2024

The Keys To Big Wins In Payments And Commerce

The Keys To Big Wins In Payments And Commerce

Artificial intelligence is making strides in a variety of areas, some of them unexpected. Cross-border payments, alternative lending and FinTech are thriving in new ways – and for new players. And new or better forms of financing could help trucking go green.

Data: 

$154B: Projected value of payment platforms by end of 2024.

31 percent: Share of consumers interested in contactless payments.

2020: California deadline for 85 percent emissions cuts from 2010 levels.

$8.5B: Amount of P2P lending in U.K. over the last 12 months.

133 percent: Average monthly mobile fraud increase for eCommerce since 2017.

PYMNTS-MonitorEdge-May-2024