Goodbye 2022 and hello 2023 – A look at old trends and future predictions

Share this post

In early 2022, we looked ahead at what we believed would be the major trends in payment and security for that upcoming year. Let’s go back and revisit some of those original predictions as a way to to reflect on some of last year’s trends:

Increased Focus on Digital Identity: A “trusted and secure Digital Identity for all Europeans” that would lead to an increased focus on digital identity has come true. However, as our later predictions from October 2021 explained, this is a prolonged process where success depends on network effects.

Hard Life for Banks: Competition from neobanks and other challenger banks has also continued,  with an estimated 30% year-over-year rise in users during 2022.

Changes in the Traditional Banking Sector: the sunsetting of 3D Secure 1 for online card payments is almost complete, albeit not without issues. In addition, more merchants have moved to enable “app-to-pay”. Looking at statistics, you will find around a 9% global rise for wallet-based app-to-pay over Q2 alone.

Crypto and Proof of Work: there were changes in how cryptocurrencies were implemented plus new government initiatives to restrict the worst environmental consequences of mining. This includes Ethereum successfully moving to proof-of-stake in September and a new EU regulation announced some months ago.

Now, as we look ahead to 2023, here are our next set of predictions:

1. The Increasing Importance of Artificial Intelligence
2. Identity Wallet Solutions in Europe Will Grow (Slowly)
3. Frictionless Payments
4. Moving From Cryptocurrencies to Central Bank Digital Currencies
5. PSD3 On the Horizon

To read more on these 2023 predictions, head on over to

Article by Okay

More To Explore


Are you a member of The Payments Association?

Member benefits include free tickets, discounts to more tickets, elevated brand visibility and more. Sign in to book tickets and find out more.


Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.

Having trouble signing?

We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.

First things first

Have you set up your Member account yet? If not, click here to do so.

Still not receiving your auto-login link?

Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.

Please click the button below which relates to the issue you’re having.

I didn't receive an e-mail

Tip: Check your spam

Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association

Tip: Check “other” tabs

Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.

Tip: Click the link within 60 minutes

For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.

Tip: Only click once

The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.

Tip: Delete old login e-mails

Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.

Tip: Check your security policies

Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.

Need to change your e-mail address?

For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.

Still got a question?