During a 2023 survey carried out among media strategists, planners and buyers from North America who worked on programmatic campaigns, it was found that behavioral and interest/intent data were third-party data types used most in digital advertising campaigns, both named by 89 percent of respondents. Demo and lifestyle data followed, mentioned by 78 and 72 percent, respectively.

Management Information about third party payment transactions done by SSA for employees, vendors, immediate and emergency beneficiary/recipient payments.

When browsing an e-commerce site, there's a high chance that Wordpress has been installed on it. As of September 2024, it was the most used third-party technology on e-commerce stores, with nearly 4.6 million installs worldwide. Cloudfare followed in second, at around 4.3 million installs.

SSN validation file is generated by the processing of the RRB's PSSVES files. SSA does not provide earnings information for beneficiaries whose SSN's cannot be validated by SVES. The RRB investigates SSN's that can not be validated by SVES.

In 2021, expenditure on third party audience data in the United States amounted to 22 billion U.S. dollars, out of which 13.3 billion was spent on data itself and 8.7 billion on audience data activation solutions.

Third-Party Logistics (3PL) Market size worth at $1,521.94 Billion in 2023 and projected to $3,093.45 Billion by 2032, a CAGR of 8.2% By 2024-2032.

According to Cognitive Market Research, The global third-party risk management market size is USD 5.5 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 17.20% from 2023 to 2030.

The demand for third party risk managements is rising due to Resource optimization to protect the interests of millions of digital financial service consumers.
Demand for cloud remains higher in the third party risk management market.
The BFSI category held the highest third party risk management market revenue share in 2023.
North American third party risk management will continue to lead, whereas the European third party risk management market will experience the most substantial growth until 2030.

Rising Instances of Cyber-attacks and Frauds in Digital Financial Services to Provide Viable Market Output

With greater internet penetration, the deployment of smart technology has enhanced the appeal of digital financial services such as mobile banking and digital payments. Because of the growth of digital services, businesses must adapt and incorporate sophisticated technologies into their offerings. However, as the use of digital payment systems in the BFSI sector has grown, so have the risks of cyber-attacks and fraud. BFSI stakeholders are investing heavily to protect their clients from such disasters. The market for third-party risk management will develop as resources are optimized to protect the interests of millions of users of digital financial services.

Growing digitization of Businesses to Propel Market Growth

Industry automation and digitization have exacerbated data privacy and security breaches. With growing digitization, various stakeholders become involved, heightening safety issues. This spike in third-party involvement is propelling the third-party risk management market, raising associated hazards. As industries increasingly rely on external partners and vendors, the need for robust risk management solutions to protect against potential vulnerabilities and ensure the integrity of sensitive data becomes critical in the midst of an evolving landscape of technological advancements and increased interconnectivity.

Market Dynamics of Third Party Risk Management

High Capital Expenditure to Restrict Market Growth

Third-party risk management necessitates specialized resources and staff skilled in risk identification and mitigation. Providing dedicated services for comprehensive risk management responsibilities on behalf of large corporations necessitates significant capital outlays. The cost of acquiring and sustaining these resources is considerable, which could be a hindrance to market expansion. The costs of developing and maintaining effective third-party risk management solutions may discourage some entities, particularly small enterprises, from fully embracing these services. Striking a compromise between the requirement for strong risk management and the related expenditures is critical for promoting wider adoption and sustaining the third-party risk management market's growth.

Impact of COVID–19 on the Third Party Risk Management Market

The COVID-19 pandemic has had a substantial impact on the growth of the third-party risk management business. As a result, COVID-19 had a positive impact on the market. According to a third-party threat control analysis, COVID-19 has harmed multiple global markets by disrupting supply chains as a result of market restrictions and logistics prohibitions implemented by countries all over the world. However, a few markets benefited from the pandemic's consequences. The COVID-19 epidemic has resulted in a 600% surge in cybercrime, which includes anything from theft to data hacking and destruction. Every industry has had to adopt new technologies, requiring organizations to act quickly in order to adapt. Introduction of Third Party Risk Management

Third-party risk management is risk management that focuses on identifying and mitigating risks linked with the use of third parties. The discipline is meant to assist organizations in understanding the third parties with whom they collaborate, how they collaborate, and the security mechanisms in place. Businesses are increasingly relying on third parties to boost profitability, reduce time to market, obtain a competitive advantage, and decrease costs. Third-party threat control is typically necessary once every day and continues throughout the day. Th...

Third-Party Risk Management Market is expected to grow at a CAGR of 17.8% during the forecast period 2024-2031

The Insurance Third-Party Administrators Market Report is Segmented by Insurance Type (Healthcare, Retirement Plans, Commercial General Liability Insurers, and Other Insurance Types) and by Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The Report Offers Market Size and Forecasts for the Insurance Third-Party Administrators Market in Value (USD Billion) for all the Above Segments.

The Third-Party Peacekeeping Missions Data Set, 1946-2022 (Version 3.5) includes detailed information on all of the third-party peacekeeping missions, including missions established by the United Nations, regional organizations, and states, in intrastate disputes between January 1, 1946 and December 31, 2022.

The Third Party Logistics Market estimated size and share is projected to exceed USD 2448.06 Billion by 2034, with a forecasted CAGR of 7.5% during the period

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Third-Party Banking Software Market Size 2025-2029

The third-party banking software market size is forecast to increase by USD 10.56 billion at a CAGR of 6.6% between 2024 and 2029.

The global third-party banking software market is expanding steadily, driven by the growing adoption of digital payment solutions and advancements in cloud computing. Key factors include a shift in consumer behavior toward mobile and online banking, increasing the need for efficient transaction management and information services, and the integration of analytics, which enhances decision-making and customer insights for financial institutions.
This report provides a comprehensive resource for businesses, detailing market size, growth forecasts through 2029, and key segments like core banking software, which leads due to its critical role in managing essential banking operations. It explores trends such as the rising use of AI-driven tools for personalized banking services and addresses challenges like data privacy concerns, which remain a significant hurdle amid increasing digitization. The analysis is tailored for practical applications in strategy, operational efficiency, and customer engagement.
For companies aiming to stay competitive in the global third-party banking software market, this report offers actionable data and insights into leveraging digital trends and navigating security challenges, ensuring they can adapt to a rapidly evolving financial landscape.

What will be the Size of the Third-Party Banking Software Market During the Forecast Period?

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Big data analytics is another significant trend, enabling banks to gain valuable insights from their data and improve customer experience. Third-party banking software providers offer a range of solutions to cater to the varying needs of commercial and retail banks. These solutions help banks streamline their operations, improve customer service, and enhance data security. The market is expected to continue growing as banks seek to leverage digital technology to remain competitive and meet evolving customer demands.

How is this Third-Party Banking Software Industry segmented?

The third-party banking software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Core banking software
  Omnichannel banking software
  Business intelligence software
  Wealth management software


Deployment

  On-premises
  Cloud


Application

  Risk Management
  Information Security
  Business Intelligence


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    India
    Japan
    South Korea


  South America



  Middle East and Africa

By Type Insights

The core banking software segment is estimated to witness significant growth during the forecast period. The market encompasses advanced analytical tools and solutions for financial transaction tracking, bookkeeping, core banking systems, and operational efficiency. Core banking software, a segment of this market, facilitates multi-channel access to banking services through ATMs, computers, smartphones, and the internet. The retail banking sector's expansion, fueled by government initiatives and consumer behavior shifts, is a significant growth factor. Core banking software enables seamless digital experiences, such as mobile banking apps, online account management, and customer experience management.

Business intelligence, risk management, and wealth management software are also integral parts of the market, offering advanced features like artificial intelligence and big data analytics. Companies in this industry collaborate to offer integrated solutions, such as the Cyberbank platform, enabling digital transformation and regulatory compliance. The market's growth is further influenced by industry trends, IT infrastructure advancements, and geographic expansion.

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The core banking software segment was valued at USD 8.14 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 29% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American the market is projected to expand due to the region's technological advancements and early adoption of innovative technologies. Leading investment banks are investing in technology to enhance customer service. Cloud-computing applications, such as databas

Global third-party optical transceivers market size was worth around USD 3100 million in 2022 and is predicted to grow USD 5300 million by 2030 with a CAGR of 11%

Data includes the following information for each service provider: * region (the ministry's geographical boundary) * program * service provider ID * service provider name (legal name) * service provider address * service delivery site ID * service delivery site address Service providers have contractual agreements with the Ministry of Training, Colleges and Universities to deliver a program. Service delivery sites are the physical locations where these programs are offered. There may be multiple service delivery sites for each service provider. Visit Employment Ontario for more information.

Federal Nutrition Service.

The list below provides Third Party Processor options for SNAP ‐ authorized retailers who may not know where to obtain EBT equipment and services. All SNAP ‐ authorized retailers, except those exempted below, must pay for their own EBT equipment and services and should arrange for lease or purchase of EBT equipment and services as soon as they can, in order to ensure future participation in SNAP

The objective of this document is to ensure that sponsors of SRTDs have the necessary information to satisfy the regulatory requirements under the Food and Drug Regulations with respect to safety, efficacy and quality which provides the basis of Health Canada's drug review and approval process.

Indonesia Deposits: Third Party Funds data was reported at 5,782,227.000 IDR bn in Jun 2019. This records an increase from the previous number of 5,660,025.000 IDR bn for May 2019. Indonesia Deposits: Third Party Funds data is updated monthly, averaging 4,463,542.000 IDR bn from Jan 2013 (Median) to Jun 2019, with 78 observations. The data reached an all-time high of 5,782,227.000 IDR bn in Jun 2019 and a record low of 3,200,556.800 IDR bn in Jan 2013. Indonesia Deposits: Third Party Funds data remains active status in CEIC and is reported by Indonesia Deposit Insurance Corporation. The data is categorized under Global Database’s Indonesia – Table ID.KAC003: Deposit: by Ownership.

The global third-party risk management market size is expected to reach USD 14.33 billion by 2030, according to a new study by Polaris Market Research.

During a survey carried out in 2024, 32 percent of responding in-house marketers and 31 percent of agency marketers from seven countries worldwide stated that they were still 100 percent reliant on third-party cookies. Only three percent of in-house marketers and two percent of agencies said they were not planning to continue using third-party cookies as long as they were available.