Tag "Juniper Research"

Report: 53% of Global Population Set To Embrace Digital Banking By 2026

With the pandemic accelerating digital adoption across the globe, the popularity of digital banking has soared through the roof. Around 35% of customers adopted online banking, with 30% specifically increasing their use of mobile banking, since COVID-19 struck last year. According

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Facial Recognition for Payments to Be Used By Over 1.4 Billion People Globally by 2025

A new study from Juniper Research, “Mobile Payment Authentication: Biometrics, Regulation & Market Forecasts 2021-2025” has found that the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million

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Regtech Spending to Exceed a Whooping $130 Billion in 2025

A new study from Juniper Research has found that spending on regtech, systems that enable banks and other heavily regulated sectors to meet their compliance burdens, will exceed $130 billion in 2025 from $33 billion in 2020. The report named

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Over Half of US Consumers Would Consider Switching to Digital-Only Banks

A new survey conducted by Juniper Research has found that more than 50% of US consumers wanting to change banks would consider a digital-only bank, with the same finding reflected in a similar UK survey. However, the findings showed that

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Digital Identity Apps Will Snowball To 6.2 Billion by 2025

A new Juniper Research study revealed that the number of digital identity apps in use will snowball to 6.2 billion in 2025, from just over 1 billion in 2020. The research found that civic identity apps, where government-issued identities are

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Banking Circle Bags Two Digital Awards by Juniper Research

Banking Circle has been awarded two prestigious awards at Juniper Research’s Future Digital Awards for Technology and Innovation this year. The financial infrastructure provider was awarded the Lending Platform Platinum Award for Banking Circle Lending, and a Gold Award for

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Study: In-Vehicle Payment Spend To Exceed $86 Billion in 2025

A new study from Juniper Research has found that the value of in-vehicle payments, where a payment is made via embedded vehicle systems, will reach $86 billion in 2025, up from just $543 million in 2020. In-vehicle payments automate and

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