Banking services market overview

The market capitalization of the global banking sector increased by 39.62% in just one year - from the second quarter of 2020 to the second quarter of 2021 year. The volume grew by 2.1 trillion euros, from 5.3 trillion to 7.4 trillion.

According to digital banking statistics, by 2024 the total number of online and mobile banking users will exceed 3.6 billion people. The digital banking services market in the same year will reach $ 9 trillion.

• 14% growth of the digital banking services market;

• 48% of managers are confident that in the next 10 years banks will become exclusively digital and virtual;

• 45% of international banks are focused on building digital ecosystems to improve customer service and increase revenues;

• 66% of bank executives believe that new technologies will drive the global banking business in the next 5 years;

• 71% of banks invest in cybersecurity;

• 131% increase in the limit of contactless transactions on average worldwide in 2020.

2.4 billion MasterCard credit cards were in circulation at the end of 2022 in the world.

853.9 billion purchases will be made by holders of major cards in 2028, increasing the amount by 131% over the next 10 years.

The key solution of MinePlex Banking will be a customer-oriented mobile bank with access to services and digital assets for any user.