Finextra – The Future of Digital Banking in North America, 2024

The report highlights the financial uncertainty and lack of clarity experienced in 2023, with several banks collapsing and added strain to the markets. Economic growth was slowed by soaring inflation and climbing interest rates, which is expected to continue in 2024. The length and severity of a possible recession are uncertain, and experts have divergent opinions on stock market predictions for 2024. Some investors remain optimistic, predicting a halt in rising interest rates and a bullish turn in the markets. However, given the numerous factors impacting North American markets, the only certain thing for 2024 is more uncertainty. This report, produced with the collaboration of Money20/20, features insights and commentary from industry experts at EY and Mastercard.