Tagged: insights

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

December 3, 2023 @ 3:15 pm By Omar Faridi  |  

Most of the investor interest in cryptocurrencies has historically been “concentrated in the digital tokens,” according to an update shared by Anthony Pompliano, an entrepreneur focused on Bitcoin, business, finance, and technology. According to the update, retail investors were “first to the party, followed by… Read More

December 3, 2023 @ 3:10 pm By Omar Faridi  |  

Digital asset firm Gemini has shared their latest crypto market update. Key takeaways from Gemini‘s extensive crypto market report are as follows: Bitcoin climbs as SEC speeds up spot bitcoin ETF review process: Bitcoin (BTC) continued to grind higher this week, reaching a new yearly… Read More

December 2, 2023 @ 4:02 pm By Omar Faridi  |  

Bitcoin’s price continued to rise in November and the crypto recovery broadened to a wider array of market segments, the Grayscale team noted. Grayscale also mentioned in a report that financial markets relaxed “about certain macro risks, including the geopolitical conflict in the Middle East… Read More

December 2, 2023 @ 3:52 pm By Omar Faridi  |  

The CME report highlights some interesting facts about “trader positioning,” according to an update shared by NYDIG Research. Updates to Bitcoin/crypto ETFs in the application process “indicate the final decision will likely come down to the final few days,” NYDIG noted. And hash rate surges… Read More

December 1, 2023 @ 4:11 pm By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released key findings from the 26th edition of the Reality Check: Paycheck-To-Paycheck research series. The Seasonal Financial Distress Deep Dive Edition “examines the impact of seasonal spending on consumers’ ability to… Read More

December 1, 2023 @ 3:53 pm By Omar Faridi  |  

With affordability remaining top of mind throughout the automotive industry, new data shows the average loan amount “for new and used vehicles decreased in Q3 2023, an optimistic sign that things are continuing to level out for vehicle shoppers.  ” According to Experian’s State of the… Read More

November 30, 2023 @ 6:54 pm By Omar Faridi  |  

KPMG has commented on the recently released Bank of England money and credit data. Karim Haji, Head of Financial Services at KPMG UK, comments on today’s Money and Credit Data from The Bank of England: “Consumer borrowing was down slightly in October, which could be… Read More