The world saw the fintech space in 2023 progress and evolve through events like the UK government’s advancement towards utilizing open banking payments for public services, Europe’s new legislation for governing AI technology in financial sectors and Crédit Agricole’s experimentation on quantum computing for banking purposes.

So, what fintech trends can we expect to see in the future? TechRepublic Premium consulted the top experts in the sector to weigh in with their insightful opinions on what 2024 has in store.

From the article:

A significant cause of concern that may threaten financial data security in the upcoming year is the use of AI to imitate people’s likeness. The CISO/CDO of AuthenticID, Chris Borkenhagen, notes, “With the rise of deepfakes, we’ve seen AI’s potential to imitate a person’s likeness. As this technology becomes even more advanced, businesses can’t afford to gamble on whether someone is who they say they are.”

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