The total number of digital banking users globally will exceed 3.6 billion by 2024, up from 2.4 billion in 2020, a 54% increase, with growth driven by the rise of digital-only banks and the ongoing focus on digital transformation by established bank brands, according to a newly published study.
Global online payment fraud is predicted to cause losses exceeding US$200 billion over the next five years, driven by the increased sophistication of fraud attempts and the rising number of attack vectors.
Total operator-billed revenue from 5G IoT connections will reach US$8 billion globally by 2024, rising from just US$525 million in 2020, according to a new research report.
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