Opportunities for Anti Money Laundering Software in the Global Payments Ecosystem
The global payments ecosystem is thriving, despite the challenges of recent years. Last year payment industry revenues grew by 11%, reaching a new high of $2.1 trillion globally. The sector is expected to top $3 trillion by 2026 and growth is strong all over the world, from Europe to the Middle East, Africa and North America. This is being driven largely by fee-based income, which is increasing at a faster rate than net interest income and now makes up more...
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