Tagged: insights

UK Consumer Behavior Continues to Be Impacted By Cost of Living Crisis – Research

New research released by KPMG provides insight into whether consumers would reduce some of the buying and saving behaviors that have become more prevalent during the cost of living crisis, if they had more disposable income available to spend. KPMG UK’s Consumer Pulse survey gauged… Read More

Israel and Saudi Arabia Demonstrate Strong Interest in Altcoins – Chainalysis Bitcoin and Crypto Adoption Report

Chainalysis recently shared key insights from its 2024 Geography of Cryptocurrency Report. According to the Chainalysis research report, the MENA region ranks as the seventh-largest crypto market globally in 2024, with “an estimated $338.7 billion in on-chain value received between July 2023 and June 2024,… Read More

UK Consumers Admit to Overspending with Fear of Missing Out Being Key Driver – Research

As summer comes to a close and the nights draw in, new research from NatWest Premier reveals that half (50%) of Brits admit “to overspending, with fear-of-missing-out being the primary driver for 25%.” Furthermore, around one in five agree “that the pressure to keep up… Read More

B2B SaaS Growth Slowed as Firms Shift Focus to Sustained Profitability – Capchase Report

The Capchase SaaS Benchmark Report for 2024 has been released. Capchase notes in a new blog post that its third annual SaaS Benchmark Report is officially live. Last year’s report used data from 900 B2B SaaS companies “to define what success looks like in a… Read More

Digital Commerce Report: Investments Increase QoQ, Netting $1.9 Billion Across 101 E-Commerce Deals

E-commerce enablement investments have reportedly increased QoQ, producing $1.9 billion across 101 different deals, improvements of 2.4% as well as 9.8%, respectively. This, according to the latest research report from PitchBook. However, PitchBook pointed out in its latest report that YoY contractions “were sharper, with… Read More

Lloyds Bank Warns of Rising Scam where Rogue Retailers are Using Fake Sites to Deceive Consumers into Purchasing Items Never Dispatched

Lloyds Bank is warning of a rising scam where rogue retailers are using fake websites to trick people into purchasing items that are never dispatched, costing victims an estimated £6.6 million so far. Tens of thousands of credit and debit card customers “have sadly fallen… Read More

Only 16% of Organizations are Approaching Next Frontier of Compliance – Research Study

FloQast announced the results of Exploring Strategic Compliance: The Next Frontier, the company’s latest research initiative aimed at shedding light on the trends and challenges facing compliance teams. The survey reveals that 47% of compliance professionals are “focused on simply finding a better, easier way… Read More

Chainalysis Insights: Institutions Drive Crypto Adoption in South Korea and Hong Kong

Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global value received between July 2023 and June 2024. This, according to an update from Chainalysis. Chainalysis noted that the region received “more than $400 billion in on-chain… Read More

Bad Mobile Banking Experience Might Make Consumers Look Elsewhere – MX Technologies Research Study

Mr. Potter Banker Banking (1)

MX Technologies, Inc., an enabler of actionable intelligence for consumers and the financial providers that serve them, shares its latest survey findings, which reveal mobile banking can make or break a consumer’s experience. Sixty-five percent of consumers would stop using “a financial provider’s app if… Read More

Nearly a Quarter of UK Savers Have “No Idea” How Much They’ve Saved Into their Pension – Research Report

Nearly a quarter (24%) of Brits have ‘no idea’ how much they’ve saved into their pension while almost half (42%) admit confusion over how much they need to save for retirement, according to new research from PensionBee. In response to these challenges, pension savers are… Read More

UK Jobs Market Report: Permanent Pay Growth Weakest in Five Months

The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled a softening of UK labour market conditions during August. Latest data showed that permanent placements “continued to fall, and at an accelerated pace, amid reports of reduced demand amongst companies for… Read More

Fintech Adyen Releases Insights from Global Businesses, Pinpointing Revenue Efficiencies That May Save Companies Billions

Adyen (ADYEN:AMS), the financial technology platform of for global businesses, has recently released a report titled Strategies to reduce your total cost of payments. The research report, supported by data from 100 global, enterprise businesses, aims to highlight opportunities to boost revenue and “cut costs… Read More

UK Consumers Fear Falling Victim to Fraud as Overall Activity Picks Up in September – Research Report

Three in five UK consumers reportedly fear falling victim to fraud, as life gets busier in September. This, according to an update from UK Finance. UK Finance notes in a blog post that half of the people say “they feel busier when coming back from… Read More

Majority of Financial Services Operations Professionals Believe Using AI Would Enable Them to Make Effective Decisions – Report

More than two-thirds (76%) of financial services operations leaders in the US believe that using AI would enable them to make faster, more effective decisions, but 62% lack the data management capabilities and data environment to capitalize on the technology’s potential. That is according to… Read More

Blockchain Tech Allows Fintechs to Bypass Traditional Banking Systems, Slashing Fees, Enabling Seamless Transfers – Report

Binance has released an update entitled, Blockchain in the Modern Payments Landscape: Synergy and Transformation. Binance Research has shared that key takeaways as follows: This Binance Research report looks at “the state of modern payments, its main pain points, and how blockchain payments can address… Read More

Chainalysis Shares Insights on Russia’s Crypto Pivot: Legislated Sanctions Evasion

Chainalysis has shared key insights focused on Russia’s cryptocurrency pivot as well as legislated sanctions “evasion.” In response to mounting financial pressures of Western sanctions, Russia enacted significant legislation “legalizing cryptocurrency mining and permitting the use of cryptocurrency for international payments.” Chainalysis added that the… Read More

UK Industry Professional Comments on Latest Money and Credit Data from Bank of England

KPMG has recently commented on the latest Money and Credit data from the Bank of England. Karim Haji, Global and UK Head of Financial Services at KPMG, shared key insights on the newest Money and Credit data from the Bank of England (for the month… Read More

Chainalysis Crypto Crime Update: China based CSAM and Cybercrime Networks On The Rise, Pig Butchering Scams Still Lucrative

Chainalysis has release the report entitled, 2024 Crypto Crime Mid-year Update Part 2: China-based CSAM and Cybercrime Networks On The Rise, Pig Butchering Scams Remain Lucrative. Key findings of the Chainalysis update: CSAM networks Reportings of China-based CSAM sites have increased since late 2023. A… Read More

Gen AI Adoption: UK Firms Need Clear AI Strategy and Must Focus on Business Performance – Research Study

Despite the promises of Gen AI, business leaders have significant concerns about its implications for business performance, according to new research from KPMG UK. Respondents cited the inaccuracy of results, “including hallucinations1, as the biggest concern when adopting Gen AI (60%).” Boards are also worried… Read More

Nearly a Third of UK Consumers Admit to Being “Retirement Overspenders” Due to Rising Cost of Living – PensionBee Research

A fifth of Brits (20%) over the age of 55 have consistently spent more than they’d expected to during their retirements so far, with an additional 11% expressing that this occurred early on in their retirement, according to new analysis by PensionBee. Daily living expenses… Read More

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