2026年高级支付和金融科技报告

Edgar, Dunn & Company is a global consultancyspecializing in payments and financial services. Since 1978, we have partneredwith clients across the globeand developed an unrivalleddepth in specialist expertise. Fintech, Payment Strategy,M&A, and Litigation Support Independent+250 Clients in 55 countries and 6continents6 Office locations worldwide+2,500 Projects completed For any inquiries regarding this report,please contact:Tue ToHead of FintechTue.to@edgardunn.com Note from our Head of Fintech Tue To Welcome to EDC’sAdvanced Payments &Fintech Report 2026. 2025 has been a year of acceleration! Technologies such as agentic AI, stablecoins, andsubscription-based BNPL moved from early adoption to practical application, transforming howtransactions are orchestrated, settled, and financed. At the same time, innovations in digital identity,embedded finance, and insurtech are creating more seamless connections between financialservices and the platforms people use every day. This progress, however, comes with complexity. Regulators are increasing scrutiny on AI, digitalassets, and data usage, while consumers expect experiences that are seamless, secure, andpersonalized. Competition is fragmenting across payment infrastructure, connected commerce, andcross-border solutions, making the ecosystem more dynamic and interconnected than ever. Looking to 2026, three forces stand out: the rise of AI-driven autonomy, the deepening collaborationbetween fintechs and traditional financial institutions, and the central role of consumer trust insustaining innovation. Together, these forces will determine not just who leads in payments, but howvalue is created and shared across the ecosystem. I thank the EDC team for their contributions and reaffirm our commitment to helping clientsunderstand and navigate this rapidly evolving landscape. Report Contributors Samee ZafarCEO Charlotte PironSenior Consultant Davide VillaManager Beatrice SavaSenior Consultant Amine SaidiSenior Consultant Alex MuellerBusiness Analyst Rawad NasserConsultant Louis WaplerManager Justine MorvanAssociate Consultant Rohan ShajuConsultant Elisabetta NadalConsultant Julia CallejoManager Contents Introduction This year’s report explores 14 themes across four domains: The payments and fintech ecosystemis undergoing a structuraltransformation. Technologies andmodels that were once experimentalare now practical tools, influencinghow money moves, how businessesoperate, and how consumersinteract with financial services. InfrastructurePowering GlobalPayments:assessing the riseof stablecoins,instant cross-border systems,open banking,alternativepayment methods,and Banking asa Service as thebackbone of amore connectedfinancial system. Technologyand AI LedTransformation:examining how AI,biometrics, anddigital commercestrategies areenhancingefficiency,security, andpersonalization. FinancialInclusion andConsumer Shifts:highlightingthe growth ofdigital banksand innovativefinancing solutionsfor MSMEs inemerging markets. Business ModelsUnlocking New Revenue:exploring howBNPL, connectedcar payments,insurtech, andvirtual economiesare openingnew avenuesfor growth. To complement our analysis, we conducted a survey between May and August 2025, capturing insightsfrom over 50 senior payments professionals across the globe on the themes covered in this report. As the ecosystem becomes more interconnected and complex, stakeholders must navigatecompeting priorities: delivering seamless experiences for consumers, ensuring regulatorycompliance, and differentiating themselves in a fragmented market. The insights in this report drawon industry developments, emerging technologies, and evolving business models, offering a clearview of how these forces are impacting payments today and what they imply for the future. Payment experts believe real-time payments, mobile wallets, and cross-border interoperability are key trends driving the payments industry Payment experts see faster, real-timetransactions (66%), mobile wallets (55%), andcross-border interoperability (51%) as themost influential trends affecting the industry. Q: In your opinion, what are the most influential trends shaping the future of the payments industry? This reinforces the growing importanceof speed, digital adoption, and innovationin shaping how payments are conducted.Fintech disruption, along with emergingtechnologies such as AI, tokenized assets,stablecoins, and embedded finance, is alsoviewed as a strategic factor influencing theevolution of the payments ecosystem. Market power is expected to shift toward fintech companies and Big Tech Payment experts anticipate that fintechcompanies (64%) and Big Tech (58%) willdrive much of the industry’s evolution, whileregulatory bodies (43%) and traditionalbanks (30%) continue to play critical roles. Q: From your perspective, which types of players will have the most impactin shaping the future of payments over the next 3-5 years? This refl