AI and the future of payments • PPRO Group

The global volume of online payments will increase by almost 11% a year between 2015 and 2020 [1]. In emerging Asian markets, payment volumes are expected to grow by as much as 30.9% [1]. In Europe, the passage of the liberalising second payments directive (PSD2) and the advent of open banking oblige banks to allow regulated fintechs access to their online banking systems. This allows fintechs to develop new payment products for bank customers. And it's expected to significantly increase the volume of electronic payments within the EU.