Tagged: insights

July 31, 2023 @ 1:29 pm By Omar Faridi  |  

The first six months of 2023 were difficult for the fintech market globally, “with both total funding and the number of deals dropping, from US$63.2 billion across 2,885 deals in H2’22 to US$52.4 billion in across 2,153 deals in H1’23.” The cloud of uncertainty permeating… Read More

July 30, 2023 @ 9:09 pm By Omar Faridi  |  

The United Kingdom and Singapore held the 8th UK-Singapore Financial Dialogue in London. The Dialogue facilitated a useful exchange of views, and “identified opportunities for further collaboration on joint projects, in priority areas such as sustainable finance and FinTech and innovation.” Sustainable Finance Both countries… Read More

July 30, 2023 @ 11:49 am By Omar Faridi  |  

Despite economic challenges, 75% of mid-sized business owners expect their revenue to increase and 71% are planning “to hire over the next 12 months,” according to the inaugural Bank of America (NYSE: BAC) Mid-Sized Business Owner Report (PDF). The study is based “on a survey… Read More

July 29, 2023 @ 10:07 am By Omar Faridi  |  

As a follow-up to the recent webinar Envestnet hosted with open banking experts around the world, we caught up with Lisa Novier, Head of Governance, Risk & Compliance at Envestnet Data and Analytics. Envestnet claims it has been at the forefront of open banking adoption… Read More

July 27, 2023 @ 8:26 pm By Omar Faridi  |  

Inside Addepar, a recap of key Addepar platform updates, research insights and client, partner and company developments, has shared that in July 2023, the firm introduced new product enhancements, which include “scheduling for daily reports and customizable charts in Navigator.” The Addepar Research team published… Read More

July 26, 2023 @ 8:43 pm By Omar Faridi  |  

  Travis Everett, Chief Operating Officer (COO) of National Merchants Association (NMA), has shared key insights with Crowdfund Insider on FedNow, the new instant payments and transfer service offered by the US Federal Reserve. The new service became operational this past week, with 35 financial… Read More

July 26, 2023 @ 1:17 pm By Omar Faridi  |  

Fintech unicorn Tipalti recently announced an additional $150M in growth financing, bringing the company’s total equity and debt raise to more than $700M. Led by JP Morgan Chase Bank and Hercules Capital, this incremental growth financing will enable Tipalti to further invest in product innovation… Read More

July 16, 2023 @ 11:42 am By Omar Faridi  |  

Key findings and insights from primary research on the evolution and growth of the gig economy workforce were released by the study’s supporter, PayQuicker, an innovative financial technology firm focused on the global payouts market. The research, conducted by gig economy experts Dr. Robert A. Peterson,… Read More

July 11, 2023 @ 10:38 am By Omar Faridi  |  

Penny Finance, the online financial mentorship platform for women, announces the launch of automated account integration with PLAID, allowing for improved money insights and more accurate financial reporting for members. Penny’s new feature “enables women to link their bank accounts for an even better and… Read More

July 10, 2023 @ 10:18 am By Omar Faridi  |  

Online trading platform moomoo, an “intuitive” investment and trading platform providing investors with pro-grade, easy-to-use tools, data, and insights, recently released results of its first Personal Finance Survey of US moomoo users. The survey has “discovered three key takeaways.” First, mooers are worried “about their… Read More

July 5, 2023 @ 8:18 am By Omar Faridi  |  

In a report published on ‘The (Unmet) Potential of Open Banking’, Oxera identifies the key economic obstacles that are “holding back the wider adoption of Open Banking and the development of new innovative use cases that go beyond the regulatory mandate.” NatWest Group commissioned Oxera,… Read More

July 3, 2023 @ 6:52 pm By Omar Faridi  |  

Wealthtech firm Addepar has shared key updates, research insights and commented on client, partner and company developments. This past month, Addepar is highlighting “enhanced chart customization capabilities to uplevel reports, as well as the beta release of our in-app import tool to more efficiently bring… Read More

June 30, 2023 @ 10:43 pm By Omar Faridi  |  

Salesforce launched Personalized Financial Engagement, a new solution to help financial institutions use AI, real-time data and CRM to manage customers’ financial plans and deliver intelligent, personalized financial insights at scale. And with Financial Services Cloud, Marketing GPT and Data Cloud, marketers at financial institutions… Read More

June 20, 2023 @ 3:27 pm By Omar Faridi  |  

Analysis from online pension provider, PensionBee, reveals an increase in the number of pension savers who would like to see the oil sector completely excluded from their pension investments, from 15% in 2022 to 21% in 2023. PensionBee’s annual Tailored Plan survey, “which seeks to… Read More

June 19, 2023 @ 8:52 am By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping destination, unveiled new tools enabling consumers to make more informed purchasing decisions and take action for the planet, “including a top-up donations feature and expanded CO₂e emissions tracking insights within the Home & Gardens and Jewelry… Read More

June 17, 2023 @ 4:26 pm By Omar Faridi  |  

MoneyGram International, Inc., a global financial technology company that connects the world’s communities, released the findings of a new consumer survey, which explores key trending factors and future growth drivers in the global payments industry, taking into account economic impact, digital adoption and demographic behaviors…. Read More

June 12, 2023 @ 3:05 pm By Omar Faridi  |  

To make efficient and accurate risk assessments, commercial property underwriters “need the right information, at the right time, available at their fingertips.” CAPE’s mission has been “to provide underwriters with that information via unique, AI-powered insights, accessible in ways that both support automation as well… Read More

June 6, 2023 @ 7:06 am By Omar Faridi  |  

Global PayTech Ventures (GPT) announced its recent investment in Klearly, whose free app allows merchants to not only accept payments via smartphone, but also evaluate important business insights. The merchant-focused payment solution “helps European business owners operate more efficiently and provide better service to customers.”… Read More

June 6, 2023 @ 6:17 am By Omar Faridi  |  

Tipalti, the global payables automation solution, reveals fresh insights into the strategies of global finance leaders in high-growth businesses “amidst the current economic climate, with almost 8 in 10 (78%) believing sustainable growth is now more important than growth-at-any-cost.” With interest rates at their highest… Read More

May 31, 2023 @ 10:10 pm By Omar Faridi  |  

Nansen recently announced their partnership with TRON in order to provide on-chain insights to their ecosystem. The team is pleased to work with TRON, which claims to be “one of the leading blockchain networks by TVL and activity.” TRON’s low fees and fast transaction speeds… Read More