American Banker: Payments Trends that Will Drive 2025
From American Banker
The fintech industry faces rapid change on multiple fronts, including new political leadership in the U.S., emerging security risks, fast-changing product development methods, and the rapid maturation of innovation that was experimental as recently as last year. Many of these challenges took hold in 2024 and will require quick planning and flexibility in the next 12 months as market conditions, rules and regulations become more apparent.
New Brains
Much of the work facing payment executives involves how to harness new forms of machine learning, which is evolving from experiments and testing to more formal deployments. Generative AI startups drew more than $25 billion in 2023 and were on pace to pass $40 billion in 2024, according to research from Citigroup. More than 43% of financial professionals are using Gen AI, and an additional 55% are considering it, according to Citi, citing research from Nvidia. That’s a far cry from the early days of gen AI, when many banks were wary of the technology or banned it outright.
For fintech companies, AI startups can provide a fast solution for banks looking to improve workflows while reducing IT deployment costs and time.
Instant Payments
Adoption of The Clearing House’s RTP network and FedNow has been one of the biggest stories in the payments industry and promises to continue for at least the next few years.
“The evolution of instant payments is essential as it provides ease of use for end customers and increases the efficiency of the businesses that leverage them by streamlining the payment process to have fewer returns and less work on the back end,” Karakaplan said.
Bringing it all Together
Payments Orchestration, which enables transaction routing based on processing time, cost and user experience, has grown in popularity as digital payment options proliferate. In 2025, payments orchestration will emerge as the foundation of a fully optimized global payouts journey, said Gabriel Grisham, senior vice president of fintech PayQuicker. Payees are pressuring businesses to receive funds faster, creating a need for immediate access through a variety of payment methods that can be tailored to specific users, Grisham said.
“Payments orchestration not only addresses these demands but also lays the groundwork for leveraging advanced AI capabilities,” Grisham said. “With artificial intelligence integrated into orchestration platforms, businesses can analyze patterns, predict payee preferences, and streamline payouts, enabling personalized, real-time disbursements to millions worldwide.”
To read the full American Banker article, click here.
About PayQuicker:
PayQuicker is the leading global payouts orchestration platform, offering businesses of all sizes smarter, faster, and easier payment solutions. Since its inception in 2008, PayQuicker has pioneered global payouts orchestration, enabling real-time payouts in over 214 countries and territories, and more than 80 currencies through secured bank accounts, prepaid debit cards, virtual cards, and digital wallets.
Our award-winning solutions cater to a diverse range of industries, including affiliate networks, the creator economy, direct selling, the on-demand economy, platforms and marketplaces, and workforce payments. PayQuicker’s cloud-based, regulatory-compliant software stack allows customers to white-label our products, delivering fast and flexible spending options. Our mission is to enhance global business growth with superior payment and purchasing power, activated with every login, payout, purchase, or swipe.
