Tagged: deloitte

July 9, 2020 @ 10:38 pm By Omar Faridi  |  

Approximately 20% or one-fifth of bank account holders in the Middle East are now using Fintech solutions, according to a recent survey performed by Deloitte. The survey, which examined nine key markets in the Middle East, reveals that consumers in the region are quite willing… Read More

June 23, 2020 @ 11:42 pm By Omar Faridi  |  

Over 80% of banking customers in the Middle East say they’re ready or willing to use Fintech apps, however, many traditional lenders have not started integrating financial technology products, according to a recent study by Big Four auditing firm Deloitte. The study revealed that 18%… Read More

June 21, 2020 @ 4:36 pm By Omar Faridi  |  

Big Four auditing firm Deloitte claims that Fintech industry professionals no longer think that blockchain or distributed ledger technology (DLT) is “groundbreaking and merely promising.” The professional services firm’s 2020 Global Blockchain Survey polled around 1,500 senior management professionals and found that: “Initial doubts about… Read More

April 18, 2020 @ 4:10 pm By JD Alois  |  

Many Fintechs are actively engaged in supporter consumers and businesses in the battle to survive in an economy battered by the COVID-19 pandemic. Simultaneously, some funding has dried up putting some startups at risk. This may include Fintechs. Yet one report expects that Fintechs may… Read More

April 14, 2020 @ 3:20 pm By Samantha Hurst  |  

Audit, consulting, tax and advisory services  Deloitte has formed a new partnership with no-code enterprise application platform Unqork to launch a fully-managed small business lending service. According to the duo, this service will enable small business lenders to “streamline” the distribution of loans to small… Read More

April 11, 2020 @ 10:32 am By Omar Faridi  |  

During the past few years, blockchain or distributed ledger technology (DLT) has been adopted by a large number of companies from several major industries. There are currently hundreds of different DLT platforms being operated across the globe. Most of these blockchain-enabled networks are unable to… Read More

March 4, 2020 @ 9:01 am By Omar Faridi  |  

Dubai International Finance Center (DIFC) and Mashreq Bank, the oldest privately-owned bank in the United Arab Emirates (UAE) with over $2.2 billion in annual revenue, are trying to encourage  other banks in the Middle East to take part in a blockchain-enabled know-your-customer (KYC) data sharing… Read More

February 18, 2020 @ 11:00 am By JD Alois  |  

Last week, Deloitte published an update on investment activity in the Fintech sector. In brief, the good news is that Fintech investments were at an all time high in 2019. The bad news shared by the report that the number of new Fintechs founded experienced… Read More

February 18, 2020 @ 8:18 am By Omar Faridi  |  

Laura Bygrave, the innovation and ventures lead at Deloitte Legal, confirmed on February 17 that the Big Four auditing firm’s legal division became the “exclusive” legal and professional services partner of “deep tech” Ph.D. entrepreneurship program Conception X. Bygrave, a former assistant director at Ernst… Read More

February 17, 2020 @ 9:29 am By Samantha Hurst  |  

PeerStreet, a leading platform for investing in real estate backed loans, announced on Monday it celebrated being named one of the top 25 fastest growing companies by Deloitte. The platform revealed the exciting news last fall the ranking is based on fiscal-year revenue growth over… Read More

December 7, 2019 @ 9:00 am By Omar Faridi  |  

Big Four professional services firm Deloitte’s law division has introduced a program aimed at “propelling” early-stage Legaltech firms while using their products. Via Deloitte Legal Ventures, the Legaltech startups will allow the Deloitte Legal team to use their line of products and services from their… Read More

November 25, 2019 @ 4:44 pm By Omar Faridi  |  

Several digital banks have been launched in Australia during the past few years. However, these direct banks that are 100% digital currently face challenges around awareness and consumer trust. This, despite millions of customers being dissatisfied with traditional banking services, according to the latest research… Read More

November 11, 2019 @ 10:29 pm By JD Alois  |  

The Monetary Authority of Singapore (MAS) has partnered with Deloitte and S&P Global Market Intelligence to develop a prototype platform for a Fintech Research Platform to help pair Fintech startups with investors and financial institutions. The goal of the platforms is to help fintechs partner… Read More

June 19, 2019 @ 10:40 pm By Cali Haan  |  

Consultant group and “Big Four” accounting firm Deloitte has released its 2019 Global Blockchain Survey. The company has been conducting blockchain surveys since at least 2015. The current survey was conducted between February 8 and March 4, 2019 and a sample of 1,386 senior executives from… Read More

June 5, 2019 @ 8:05 am By JD Alois  |  

This falls under the category of recently discovered as this report by Deloitte Luxembourg was released several months ago. But while much of what the authors have to say will come as accepted gospel to industry advocates, Deloitte makes a few interesting points. The Deloitte… Read More

May 30, 2019 @ 4:56 pm By Cali Haan  |  

LiteLink, a publicly-listed Canadian company (CSE:LLT)  that bills itself as ” a leader in logistics, artificial intelligence and digital payment solutions,” has announced that it has been chosen by Deloitte Canada, “…to bring technical experience to key client engagements.” More specifically: “This collaboration has already generated… Read More

December 4, 2018 @ 2:49 pm By JD Alois  |  

Crowdcube, the UK’s largest investment crowdfunding platform, has announced a new service, “Thrive for Fintech.” Crowdcube explains that Thrive is a “series of support programmes for companies raising on Crowdcube, where [they] partner with leading VCs, and top-tier law and accounting firms to help companies… Read More

October 9, 2018 @ 9:45 am By JD Alois  |  

The Fintech Sandbox set up by the Financial Conduct Authority in the UK has now been in operation for the past two years. The trailblazing project has since been replicated multiple times around the world. The concept was simple: create a safe haven for Fintech… Read More

August 24, 2018 @ 10:03 am By JD Alois  |  

In a significant move by the Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX), the government entities announced its intent to offer digital assets including tokenized securities and virtual currencies. MAS and SGX will develop “Delivery versus Payment (DvP) capabilities” by using different blockchain… Read More

August 19, 2018 @ 2:44 pm By Cali Haan  |  

Though many executives at large enterprises still feel blockchain will disrupt their industries, exuberance for blockchain amongst them has deflated in the past two years, says Deloitte in a recent global blockchain survey report. The company’s 2018 global blockchain survey of 1053 “blockchain-savvy” managers at companies… Read More