Tagged: kpmg

August 29, 2026 @ 2:27 pm By Michael Wong  |  

Fintech investment in Singapore fell sharply in the first half of 2026 as investors became more selective and capital was concentrated in a smaller number of larger transactions, according to KPMG’s latest Pulse of Fintech report. Singapore fintech companies attracted more than $499 million across… Read More

August 18, 2026 @ 12:09 pm By Omar Faridi  |  

Tether CEO Paolo Ardoino has recently pushed back against ongoing criticism from parts of the crypto community after the company completed its first full independent financial audit. In comments made shortly after the results were disclosed, Ardoino said persistent skepticism from detractors does not concern… Read More

August 13, 2026 @ 5:14 pm By JD Alois  |  

Tether, the issuer of the USDT stablecoin, has long been dinged for questions about the reserves backing its digital dollar, the leading digital asset in the stablecoin sector. Today, Tether shared that KPMG US has issued a positive opinion on the firm following a complete audit. The… Read More

May 27, 2026 @ 3:19 am By Omar Faridi  |  

KPMG UK has released its latest European Economic Outlook, projecting a considerable slowdown in British economic expansion next year. GDP growth is anticipated to ease to 0.8% in 2026, down from an estimated 1.4% in 2025. This tempered outlook stems primarily from a fresh surge… Read More

May 25, 2026 @ 3:36 am By Omar Faridi  |  

KPMG UK has highlighted many of the key concerns following the release of April’s public sector borrowing data. The figures reveal borrowing levels that surpassed expectations set by the Office for Budget Responsibility (OBR) in March, primarily due to elevated expenditures from central government departments…. Read More

April 24, 2026 @ 7:47 am By Omar Faridi  |  

KPMG indicated that London’s booming tech scene has propelled UK venture capital investment to its strongest quarter in four years, according to KPMG’s latest Venture Pulse report. In the first three months of 2026, British startups raised £7.2 billion, the highest total since the second… Read More

April 21, 2026 @ 9:02 am By Omar Faridi  |  

KPMG has indicated that graphics processing units or GPUs, long associated with gaming and high-performance computing, have rapidly evolved into a cornerstone of artificial intelligence infrastructure. Their parallel processing capabilities make them indispensable for training complex models, running inference tasks, and powering data-intensive applications across… Read More

April 20, 2026 @ 3:05 am By Omar Faridi  |  

KPMG has noted that UK financial services companies are preparing for a notable expansion in their workforce this year, with artificial intelligence and advanced technology skills emerging as the primary drivers of recruitment. This optimistic shift is detailed in KPMG’s latest UK Financial Services Sentiment… Read More

April 10, 2026 @ 7:56 am By Omar Faridi  |  

KPMG UK has indicated in a recent update that AI no longer needs traditional return on investment in order to be justified. In fact, 65% of UK based respondents claim that their organization would most likely continue to invest in AI regardless of tangible ROI… Read More

March 1, 2026 @ 6:16 pm By Michael Wong  |  

Fintech investment in the Asia Pacific fell to levels not seen in more than a decade in 2025, as geopolitical tensions, uneven growth, and a cautious funding environment kept dealmaking subdued, according to a report by KPMG. Deal value and volume in the region slipped… Read More

February 24, 2026 @ 8:19 am By Omar Faridi  |  

UK Finance has spotlighted a critical evolution in how institutions manage detection tools. A recent blog post, authored by Aleksandra Bojarzyn of KPMG UK alongside colleagues Ashley Lai, Rachel Olson, and Alisheik Akbar Ali, urges firms to move past basic regulatory checkboxes. Financial crime models—used… Read More

November 13, 2025 @ 8:01 am By Omar Faridi  |  

Yael Selfin, Vice Chair and Chief Economist at KPMG in the UK, has shared key insights and comments on the recent labour market data. Selfin noted that the United Kingdom‘s labour market continues to weaken as employers await seemingly vital Budget updates. Yael Selfin of… Read More

November 8, 2025 @ 3:30 pm By Omar Faridi  |  

KPMG UK has recently shared commentary on the latest Bank of England rate decision. As widely reported and anticipated, The Bank of England has decided it will keep rates on hold as it awaits the Budget, noted Yael Selfin, Chief Economist at KPMG UK. Yael Selfin of… Read More

October 14, 2025 @ 12:33 am By Omar Faridi  |  

The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, revealed a further decline in the recruitment of permanent staff at the end of the third quarter. According to the update from KPMG UK, relatively low employer confidence and cost concerns weighed… Read More

September 27, 2025 @ 10:23 pm By Michael Wong  |  

Singapore’s fintech sector attracted nearly $1.04 billion in the first half of 2025, rebounding strongly after a muted 2024, with investors pouring money into payments, cryptocurrency and artificial intelligence-driven platforms, according to a KPMG report. The funding, spread across 90 deals, marked the highest level… Read More

September 4, 2025 @ 8:37 am By Omar Faridi  |  

KPMG’s reports reveal a cautious approach among venture capital investors in Ireland, mirroring global trends shaped by macroeconomic uncertainties and shifting U.S. tariff policies. Despite a slowdown in overall venture capital investment, Ireland’s fintech sector has remained fairly resilience, attracting significant interest and funding in… Read More

August 9, 2025 @ 11:09 am By Omar Faridi  |  

KPMG LLP announced initiatives to help customers deploy and manage AI agents that transform enterprise data management and business processes. KPMG is making investments in AI and “helping organizations create and deploy AI agents to fit their business needs with Oracle Cloud Infrastructure (OCI) Generative… Read More

July 15, 2025 @ 8:31 am By Omar Faridi  |  

Uncertainty over the business outlook and budget constraints led companies to reduce their hiring activity again in June, according to the latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global. Permanent staff appointments fell at the steepest rate “for nearly two… Read More

July 9, 2025 @ 6:54 pm By Omar Faridi  |  

The UK economy is at a pivotal moment, with recent reports from KPMG highlighting key developments in banking regulation, consumer sentiment, and credit conditions. Collectively, these updates reflect cautious optimism amid ongoing economic challenges, with implications for policymakers, businesses, and households. The United Kingdom’s ring-fencing… Read More

May 22, 2025 @ 8:27 am By Michael Wong  |  

A sweeping new report from KPMG and Melbourne Business School finds a widening gap between public trust and the rapid adoption of artificial intelligence (AI), as nearly 87% of global respondents call for stronger regulation amid rising concerns about misinformation and ethical usage. Titled Trust,… Read More