The volume of non-cash transactions will double by 2030
. This growth can be realized through cryptocurrency platforms and banking APIs. But in this world, important technologies such as anti-fraud and cross-border regulation are needed. For digital payments to grow, effective anti-fraud protections are needed. Artificial intelligence can provide them with efficiency and control.
The world has really accelerated. Both buyers and sellers need instant payments technology. Bank APIs will facilitate the spread of instant payments. By the end of 2022, payments based on the SWIFT ISO20022
standard should be possible. This whole world of technology must be provided with state-of-the-art anti-fraud tools. In this task, machine learning technologies enter the scene to be able to recognize threats and trigger technologies to prevent them.
The future of payments is inspiring. Digital payments offer many opportunities for development and growth in all corners of the world. But they also give rise to many opportunities for fraudsters. Therefore, the development of digital payments must be accompanied by the development of technologies to ensure their security and sustainability.