News in numbers


Digital dreams Open for business?


49%


The proportion of open banking customers who live in Europe.


Statista 63 million+


The number of Europeans expected to use open banking by 2024, a 400% increase over just four years.


Statista 59%


The percentage of Swiss consumers happy making payments directly from their bank accounts, without needing to input credentials. In Spain, that fi gure rises to 74%.


Mastercard 11


The age until which British children typically receive their pocket money in cash. Once they turn 12, they’re equally likely to get a bank transfer.


The Times 2/3


The approximate number of young Europeans who used digital banking in 2022, up from 45% in 2014.


EU 19%


The percentage of British children who have lost money to online scams.


The Times


3 in 10 7%


Altfi S&P Global AI spy $1tn


The potential annual value of AI across global banking.


McKinsey


Banking on youth


The proportion of European banks putting the term ‘AI’ into their job ads.


The percentage of their revenue that European banks risk being fi ned for regulatory breaches due to the European Union’s new AI Act.


Future Banking / www.nsbanking.com Future Banking / www.nsbanking.com


7


TrifonenkoIvan/Shutterstock.com


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