Tagged: insights

December 21, 2023 @ 11:27 am By Omar Faridi  |  

With Christmas around the corner, small and medium-sized businesses across the UK are hoping for a much-needed surge in customer spending. Research from iwoca, which claims to be one of Europe’s largest small business lenders, reveals “that more than two in five (44%) SME owners… Read More

December 21, 2023 @ 11:27 am By Omar Faridi  |  

There is reportedly a strong correlation between a bank’s technology choices and its performance, showing that overall success hinges “on deft use of technology rather than on simply spending more on technology,” according to an update from Bain & Company. Bain & Company analysis finds… Read More

December 20, 2023 @ 9:57 am By Omar Faridi  |  

Pension savers choosing fossil-fuel free pension plans are likely to have seen higher returns during 2023 than those in mainstream default plans, according to analysis by PensionBee, an online pension provider. Comparing the MSCI ACWI ex. Fossil Fuels Index, which “excludes oil and gas producers,… Read More

December 19, 2023 @ 10:22 am By Omar Faridi  |  

Betterment at Work, a provider of modern financial benefits for today’s diverse workforce, today released a new survey on the state of retirement readiness across the U.S. workforce. The report, which tracks year-over-year trends “from 2022, polled 1,000 full-time U.S. employees to examine how retirement… Read More

December 19, 2023 @ 7:09 am By Omar Faridi  |  

The UK economy is limping along while high interest rates and policy uncertainty take their toll on global growth, according to an update from KPMG. KPMG noted that activity has outperformed expectations, but the UK economy “remains weak and vulnerable to shocks.” Here are some… Read More

December 18, 2023 @ 11:40 am By Omar Faridi  |  

Blend has shared the 2023 Mortgage Suite ROI Study. Jordan Brown, CEO of MarketWise Advisors LLC, has distributed the third annual Blend return on investment (ROI) impact analysis “conducted by MarketWise Advisors.” The study reportedly provides “an independent evaluation of Blend’s mortgage technology and its… Read More

December 18, 2023 @ 7:50 am By Omar Faridi  |  

The laundering of “ill-gotten” cryptocurrency exerts a multifaceted impact on global financial and security landscapes, “presenting challenges for businesses, governments, and individuals alike,” according to an update from CertiK. CertiK notes in a blog post that for businesses, particularly those operating within the fintech and… Read More

December 16, 2023 @ 9:49 am By Omar Faridi  |  

U.S. retail investors are more scared about the prospect of losing money than possibly missing out on the next big opportunity according to new research from trading and investing platform eToro. eToro’s Rethinking Risk research reveals “that 61% of U.S. retail investors say that their… Read More

December 16, 2023 @ 5:45 am By Omar Faridi  |  

The e-commerce enablement startup ecosystem has reportedly experienced a modest contraction in both deal value and count in Q3, “totaling $1.6 billion across 93 deals, decreases of 16.3% and 17.0%, respectively,” according to a recent update from Pitchbook. Pitchbook noted that both figures “reflect more… Read More

December 15, 2023 @ 6:15 pm By Omar Faridi  |  

Deloitte announced expanded collaborations with academic institutions, including MIT Sloan School of Management, NYU Stern Executive Education and Center for Sustainable Business, and most recently, Arizona State University, to “create a differentiated, integrated learning program intended to enhance Deloitte professionals’ ability to help guide clients… Read More

December 15, 2023 @ 11:50 am By Omar Faridi  |  

Digital asset firm Gemini is introducing their 2024 Crypto Trend Report. Before they explore the innovation and “promise” they see on the horizon, Gemini thinks it’s important to reflect on a volatile and challenging 2023. As mentioned in a blog post by Gemini, reverberations from… Read More

December 14, 2023 @ 11:20 pm By Omar Faridi  |  

Preqin, the global firm focused on alternative assets data, tools, and insights, published its Preqin Global Report 2024: Real Estate. The report shows that high interest rates will “continue to deter real estate fundraising and dealmaking in 2024, while also outlining a shift towards opportunistic… Read More

December 14, 2023 @ 9:25 pm By Omar Faridi  |  

One in five are not confident that their organizations are well-positioned to “take advantage of the potential benefits AI might bring,” according to an update from Ernst & Young LLP (EY US) which released its 2023 Financial Services GenAI Survey. Nearly all (99%) of the financial… Read More

December 14, 2023 @ 9:16 pm By Omar Faridi  |  

In Q3 2023, $1.7 billion was invested across 115 deals, “representing an increase of 53.0% in deal value but roughly flat in terms of deal count, QoQ,” according to the latest Insurtech industry report from Pitchbook. The deal value was “the highest amount over the… Read More

December 14, 2023 @ 8:14 pm By Omar Faridi  |  

KPMG has recently commented on the one year anniversary of the launch of the Edinburgh Reforms Commenting on 12 months from the launch of the Edinburgh Reforms, Karim Haji, global and UK head of financial services at KPMG said: “One year on from the launch… Read More

December 14, 2023 @ 3:14 pm By Omar Faridi  |  

Percent, the firm powering the modern private credit marketplace, released its market outlook for 2024. The report, titled Percent’s 2024 Private Credit Outlook, summarizes “the key macroeconomic trends from 2023 that propelled the asset class forward, with insights on what investors can expect for the… Read More

December 14, 2023 @ 8:43 am By Omar Faridi  |  

The team at CBInsights has identified some of the most successful startup accelerators like Y Combinator, Techstars, and 500 Global based on “the strength of their portfolios.” As stated in the update from CBInsights, despite the economic slowdown, startup accelerators continue to play “a crucial… Read More

December 14, 2023 @ 6:11 am By Omar Faridi  |  

Climate finance was central to discussions at COP28 in Dubai and funding to reach net-zero and restore biodiversity is still falling short, according to an update shared by the World Economic Forum (WEF). New research published by WEF highlights priorities “for action and shows how… Read More

December 14, 2023 @ 5:45 am By Omar Faridi  |  

Approval phishing is a scamming tactic that has existed for many years, the Chainalysis team notes. But whereas approval phishing scammers have historically “targeted wide swaths of crypto users through the proliferation of fake crypto apps, romance scammers (also known as pig butchering scammers) appear… Read More

December 13, 2023 @ 10:10 pm By Omar Faridi  |  

In the ever-changing landscape of economic uncertainties, the third quarter of 2023 brought both challenges and glimpses of recovery in household finances. UK Finance‘s Household Finance Review, published recently, delves into “the key trends and indicators that shaped consumer behavior during this period.” Q3 witnessed… Read More