EXPERTS PREDICT THE BIGGEST FINTECH TRENDS FOR 2023
CASHING IN
As we move into 2023 , Intergiro has revealed the predicted trends for the new year . Nick Root , CEO of Intergiro , tells us more .
The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital solutions , in a bid to make things faster , easier and more streamlined for both businesses and consumers .
As we enter the second month of 2023 , FinTech experts from all-in-one financial toolkit , Intergiro , have made their top predictions for the biggest upcoming trends .
Using their industry knowledge and Google Trends data , Nick Root , CEO , Intergiro , reveals everything you can expect to see in the year ahead .
Virtual cards
With the growth of digital banks , in 2023 we expect to see the use of virtual cards continue to surge . Since 2017 , searches for the digital bank ‘ Revolut ’ have increased by 143 %, now receiving 1.3 million monthly searches globally on average .
Looking at Google Trends , we can also see the term ‘ virtual card ’ has increased 216 % in the last five years and is currently at its peak . But how are they being used by businesses ?
Root said : “ Hailed as the future of financial spending , virtual cards are the forefront of a revolution in business expenses management .
“ Perhaps the biggest reason why virtual cards are increasing in popularity is
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