Banking, Mortgages & Credit Industry Market Research

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Banking, Mortgages & Lending OVERVIEW

Meanwhile, methods and technologies that enable both businesses and consumers to make touchless payments and online payments boomed at incredible rates during the Coronavirus pandemic—boosting payment platforms like PayPal, Venmo and Zelle.
     Consumers quickly replaced much of their physical, in-store shopping with online shopping.
     Many shopping platforms with integrated payment tools, such as Shopify, saw terrific growth rates. The Coronavirus initiated trends in banking and payments that will have lasting effects.
     This is true on a global basis.
     A good way to think of the total effect is that the Coronavirus accelerated what would have been the next 10 years' worth of growth in digital behavior into a few months' time. The Globalization of Banking:  Banking has become a highly globalized industry.
     This was fueled by four factors:  1) the availability of global electronic networks for distribution of funds and real-time management of information; 2) the easing of local restrictions on ownership of banks by foreign entities; 3) the opportunity to serve the needs of multinational corporations; and 4) the increasing attractiveness, from a banker's point of view, of rising household wealth in emerging economies.
     New opportunities were sought out globally by major banks.
     However, regulations in many emerging economies restrict the level to which foreign firms can own local banks. The “Shadow Banking” System:  Non-bank companies that offer financial services are a competitive threat to traditional banks.
     Retailers, automobile manufacturers, stock brokers, insurance companies and other business sectors are offering a growing array of bank-like services, from


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The following is a partial listing for this industry. As a subscriber, you will have access to the leading companies and top growth companies. This includes publicly-held, private, subsidiary and joint venture companies, on a global basis as well as in the U.S.

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