Tagged: Research Report

October 8, 2023 @ 2:23 pm By Omar Faridi  |  

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly Report: FinTech US – Q3 2023. The report, based on Tracxn’s extensive database, provides insights into the US FinTech space. The US Fintech sector continues to be the highest-funded Fintech startup ecosystem “on… Read More

October 6, 2023 @ 3:21 pm By Omar Faridi  |  

Payments Canada released its annual Canadian Payment Methods and Trends 2023 report, which analyzes 20.5 billion payment transactions “made in 2022 totaling $11.7 trillion (more than $475 billion every business day) and highlights the trends shaping the Canadian payment landscape.” Year-over-year trends: Credit and debit… Read More

October 6, 2023 @ 8:39 am By Omar Faridi  |  

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly Report: FinTech UK – Q3 2023. The report, based on Tracxn’s extensive database, provides insights into the UK FinTech space. The UK Fintech startup ecosystem “ranks third in terms of overall funding, after… Read More

October 5, 2023 @ 11:55 pm By Omar Faridi  |  

A spending downturn in the retail and e-commerce sector drove a $2.9 billion YoY nation-wide drop in online spending, according to the Q3 Digital Economy Index from global financial platform Airwallex. The quarterly Airwallex Digital Economy Index “records year-on-year and quarter-on-quarter snapshots of the digital… Read More

October 4, 2023 @ 10:20 pm By Omar Faridi  |  

Virtual cards, also known as temporary cards, are defined by the researchers at Juniper Research as “randomly generated and generally temporary card number linked to a payment account, used to process payments in lieu of genuine payment details.” A virtual card is “a payment tool… Read More

October 4, 2023 @ 9:18 pm By Omar Faridi  |  

Coin Metrics has provided a data-driven look at the most “important” developments that have significantly impacted the digital assets industry from Q3 2023. With Q3 in the books, Coin Metrics reflects on the notable developments and trends shaping digital asset markets as we transition “into… Read More

October 4, 2023 @ 7:32 pm By Omar Faridi  |  

Bitcoin gained in September while many traditional assets “suffered meaningful losses, underscoring crypto’s diversification properties,” according to an update shared by Grayscale. The pressure on global markets “seemed to stem from rising government bond yields and higher oil prices,” the report from Grayscale noted. As… Read More

October 3, 2023 @ 11:00 pm By Omar Faridi  |  

Canada has the highest growth rate of fintech adoption across six markets, according to research shared by Tipalti. A new study, conducted by Tipalti, analyzed factors “such as global fintech adoption rates, Google searches for fintech by country and the regions that have the highest… Read More

October 2, 2023 @ 8:52 am By Omar Faridi  |  

Parents could help provide more than £300,000 in pension wealth for their kids by the time they reach retirement age “by contributing to their child’s pension from the age of 18,” according to new research shared by PensionBee. As concern grows around the sustainability of… Read More

October 1, 2023 @ 5:26 pm By Omar Faridi  |  

According to research by London-based Nickel Digital Asset Management, Europe’s regulated digital assets hedge fund manager founded by alumni of Bankers Trust, Goldman Sachs and JPMorgan, institutional investors “are confident Bitcoin and Ethereum will sustain their strong performance for the rest of this year.” The… Read More

September 30, 2023 @ 3:55 pm By Omar Faridi  |  

The U.S. housing market has rebounded strongly in 2023 after a short-lived downturn late last year. The total value of the U.S. housing market has surged by more than $2.6 trillion over the past year, a new Zillow (NASDAQ: Z and ZG) analysis shows. The… Read More

September 30, 2023 @ 3:44 pm By Omar Faridi  |  

As of late, financial markets have been gripped with the reality that the US government may be headed toward a shutdown due to Congress’s “inability to pass the federal appropriations bill for the upcoming fiscal year, which begins on October 1st,” the team at NYDIG… Read More

September 30, 2023 @ 3:33 pm By Omar Faridi  |  

Parker Merritt and Kyle Waters from Coin Metrics have provided a close examination of the current Bitcoin mining landscape through the lens of their extensive data. Despite a flat BTC market in the back half of Q3 as spot ETF chatter quieted, hashrate continued “to… Read More

September 29, 2023 @ 1:58 pm By Omar Faridi  |  

A report has looked into how consumers are managing higher mortgage rates and adapting their spending due to inflation. This along with other key insights are shared in the KPMG UK’s latest Consumer Pulse research. KPMG’s Consumer Pulse survey “tracks how over 3000 consumers across… Read More

September 28, 2023 @ 11:33 am By Omar Faridi  |  

Xero, the global small business platform, announced the release of its State of the Industry Report for Canada, which found that the country’s accounting and bookkeeping firms have experienced widespread revenue and profit growth, “linked to the adoption of new operating models and cloud solutions.”… Read More

September 27, 2023 @ 11:03 pm By Omar Faridi  |  

The MENA region reportedly has the sixth largest crypto economy of any region studied this year, “with an estimated $389.8 billion in on-chain value received between July 2022 and June 2023,” according to an update from Chainalysis. Chainalysis also mentioned that this “represents nearly 7.2%… Read More

September 26, 2023 @ 8:51 pm By Omar Faridi  |  

A new study by Juniper Research, the professional team focused on fintech & payments markets, has found by next year, digital commerce transaction volumes will “reach 1.08 trillion globally; rising from 966 billion this year – a very strong 12% growth in a single year.”… Read More

September 26, 2023 @ 8:35 pm By Omar Faridi  |  

A total of 9,527 deals (mergers & acquisitions (M&A), private equity, and venture financing deals) were announced in the Asia-Pacific (APAC) region during January to August 2023, which was “a decline of 21.5% over the 12,142 deals announced during the same period in 2022,” according… Read More

September 26, 2023 @ 3:06 pm By Omar Faridi  |  

Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the findings of its 6th annual Business Barometer ― an in-depth study of the mood, mindset, and strategic priorities “of 1,250 leaders of small and midsize businesses across the U.S.” Business leaders… Read More

September 26, 2023 @ 9:01 am By Omar Faridi  |  

High interest rates, continued uncertainty and low productivity could see the UK struggle to keep its head above water “in the second half of the year – with GDP growth forecast at 0.4% in 2023 and 0.3% in 2024,” according to KPMG’s latest UK Economic… Read More