Tagged: insights

December 13, 2023 @ 9:50 am By Omar Faridi  |  

This past week saw the release of Bitcoin Core 26.0, ushering in a new version of “Bitcoin,” the team at NYDIG noted. While the Bitcoin ecosystem at large consists of numerous pieces of software that interoperate (wallets, mining software, Lightning, alternative implementations of Bitcoin written… Read More

December 13, 2023 @ 9:41 am By Omar Faridi  |  

Growth of the UK economy in November was reportedly centered on London, according to the latest NatWest Regional PMI survey. Inflationary pressures were also strongest in the capital, “with firms there recording the steepest rises in both input costs and average prices charged for goods… Read More

December 12, 2023 @ 11:33 pm By Omar Faridi  |  

The top-5 identity fraud types in 2023 are: AI-powered fraud, money muling networks, fake IDs, account takeovers and forced verification. This, according to an update from Sumsub. Sumsub recently released its third annual Identity Fraud Report of the year. The report provides a comprehensive analysis… Read More

December 12, 2023 @ 5:02 pm By Omar Faridi  |  

Mortgage rates falling from a 23-year high have brought some early “holiday cheer for home shoppers and sellers,” according to a recent US market update. The latest Zillow (NASDAQ: Z and ZG) market report shows monthly costs “for a new mortgage are falling, inventory is… Read More

December 12, 2023 @ 9:39 am By Omar Faridi  |  

The CertiK team has released an update, titled, The Rise of Stablecoins in Unstable Times. As noted in a blog post by CertiK, the total value of circulating stablecoins currently “stands north of $120 billion.” As stated in the CertiK update, they have steadily “grown… Read More

December 12, 2023 @ 8:17 am By Omar Faridi  |  

The latest Royal Bank of Scotland Report on Jobs survey pointed to a renewed rise in hiring activity across Scotland in November. As mentioned in a blog post, mild expansions were signaled for “both permanent placements and temp billings amid reports of successful recruitment campaigns… Read More

December 12, 2023 @ 8:07 am By Omar Faridi  |  

The European Central Bank (ECB) has shared its latest Consumer Expectations Survey results. As noted in an update posted by the ECB, when compared with September 2023: median consumer inflation expectations for the next 12 months and for three years ahead remained unchanged; expectations for… Read More

December 11, 2023 @ 11:31 am By Omar Faridi  |  

Eltropy, a digital conversations platform for community financial institutions (CFIs), announced that Eltropy’s Digital Conversations Platform is now accessible through the Jack Henry (Nasdaq: JKHY) digital banking platform. Eltropy leveraged the Banno Digital Toolkit, the same set of APIs the Banno Digital Platform is built… Read More

December 9, 2023 @ 1:16 pm By Omar Faridi  |  

PensionBee notes that in recent years, the spotlight has intensified “on the role of investments in the climate debate.” As most consumers would hopefully know by now, ‘ESG‘ stands for Environmental, Social, and Governance. This is a framework used to “measure a company’s sustainability, workforce… Read More

December 7, 2023 @ 11:28 pm By Omar Faridi  |  

In November, Mintos reveals that it saw investments in Notes reach €135.2 million, the largest growth in two years. According to Peteris Mikelsons, Head of Partnerships at Mintos, this upward trend can primarily be attributed to “larger than usual repurchases, primarily made by Eleving Group,… Read More

December 7, 2023 @ 10:29 pm By Omar Faridi  |  

Featurespace, the enabler of enterprise-grade fraud and financial crime technology, today announces the data findings of a new report: The State of Fraud and Financial Crime in North America Annual Report 2023. The research, developed in conjunction with GlobalData, shows “that overall North American fraud… Read More

December 7, 2023 @ 10:23 pm By Omar Faridi  |  

From cafes and restaurants to the aesthetic of the properties, there are a lot of factors to consider when choosing a city to purchase a buy-to-let property, according to an update from UK’s Molo Finance. Nowadays, a location’s social media presence is also “becoming an… Read More

December 7, 2023 @ 8:08 am By Omar Faridi  |  

KPMG has shared its response to the latest UK Q3 M&A data. Rob Baxter, UK Head of Corporate Finance at KPMG, commented: “A combination of domestic and global factors continues to suppress UK dealmaking. But while the cost of borrowing will remain high, slowing inflation… Read More

December 6, 2023 @ 4:14 pm By Omar Faridi  |  

Instant payment service FedNow offers individuals and businesses many benefits including greater efficiency, quicker access to their money, and reduced transaction costs. Yet, unlike conventional, slower payment methods, FedNow doesn’t offer any form of payment reversal or chargeback functionality. That begs the question: Will FedNow… Read More

December 6, 2023 @ 8:34 am By Omar Faridi  |  

Casavo highlights that technology is redefining the way in which individuals and professionals interact “with the real estate market: from algorithms that project the future value of properties to virtual experiences through augmented reality.” Proptech identifies sustainability as “a crucial element  influences home buying and… Read More

December 5, 2023 @ 9:50 pm By Omar Faridi  |  

Built, a software-as-a-service platform that connects lenders, owners, developers, and contractors to power smarter and faster money movement for the entire construction and real estate ecosystem while reducing risks, looked into the company’s November 2023 new single-family and multifamily housing data in order “to uncover… Read More

December 5, 2023 @ 10:31 am By Omar Faridi  |  

The majority of UK consumers are unhappy with high-street banks, believing they have prioritized profits over “passing higher interest rates on to savers, new research has revealed.” A survey of 2,000 UK adults commissioned by SmartSave, run by Chetwood Financial, found that 65% of people… Read More

December 4, 2023 @ 11:49 pm By Omar Faridi  |  

Globally, the peak minute of shopping occurred on Black Friday at 2:09 pm ET on November 24, 2023, according to an update shared by Square. Cities with the largest volume of sales were New York, Los Angeles, London, Chicago, and Miami. Over the Black Friday… Read More

December 4, 2023 @ 10:46 pm By Omar Faridi  |  

This past week saw several notable developments in the digital assets and blockchain space. As widely reported, the US Securities and Exchange (SEC) is seeking feedback on proposed bitcoin ETFs by Franklin Templeton and Hashdex. In other key updates, Interactive Brokers has now launched retail… Read More

December 4, 2023 @ 7:55 am By Omar Faridi  |  

Visa (NYSE: V) announced the results of its 2023 U.S. edition of the Visa Global Travel Intentions Study, revealing emerging trends “in consumer behaviors and preferences for outbound and inbound cross-border travel.” Travel has surged post-COVID and there are “no signs of retreating, despite rising… Read More