Tagged: fintech report

PwC and Federation of Indian Chambers of Commerce & Industry Recommend that Banks, Fintechs Should Perform Video KYC Checks during COVID-19

A new report recommends that the Indian government should bring back subsidies for digital payments for transactions valued at less than INR 2,000 (appr. $26.50) and also implement Aadhaar-based electronic KYC checks for Fintechs, non-bank financial companies (NBFCs) and mutual funds. The report has been… Read More

Global Fintech Market Is Projected to Reach $300 Billion Market Cap by 2025 Due to Large Investments in New Tech and Infrastructure: Report

The global Fintech market is expected to grow at a compounded annual growth rate (CAGR) of about 20% and is projected to reach a market value of approximately $305 billion by 2025, according to a new report from ResearchAndMarkets. Last month, UBS published a report… Read More

Global Fintech Funding Expected to Continue its Downward Trend, but at a “More Moderate Rate,” New Report Claims

Business intelligence firm Adkit Ltd. claims that the expected decline in Fintech-related investments will not be as severe as we’ve seen during the past few months. Nadav Pasandi, director and head of financial services at Akdit, confirmed in a report titled, “Fintech in the day… Read More

Fintech Report: Traditional Banking Institutions Must Collaborate Effectively with Challenger Banks to Provide Customer-Centric Services

Capgemini, a French multinational corporation that offers consulting, technology, and various professional services, has co-published a Fintech report with Efma, a global non-profit organization consisting of banks and insurance firms that facilitates networking between key decision-makers. The World Fintech Report 2020 notes that even though… Read More

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