McKinsey’s global payments report
The global payments industry continues to deliver healthy growth, with underlying fundamentals such as transaction volumes and account balances demonstrating even greater strength. This rosy scenario also lays the groundwork for significant disruption likely to alter the dynamics between financial institutions and non-bank fintechs. During this session we present McKinsey's 7th annual Global Payments Report results, a comprehensive data-driven view of the worldwide payments landscape, highlighting emerging trends and their implications for various industry participants. Our analysis also details the emerging trend of digital ecosystems, and the drivers of recent market consolidation and its impact on value creation.