Tagged: Research Study

Pay Over Time Service Provider Affirm Reveals when Consumers May Prefer to Use BNPL Options

“Have it your way” was the slogan that fast food joint Burger King adopted back in 1974 as a way to try to stand out or differentiate themselves from competitors while capitalizing on the “appeal of personalization,” the Affirm team writes in a blog post…. Read More

Real-time Payments Becoming Widely Adopted across Southeast Asia, with Consumers Preferring Digital Transactions: Survey

Real-time payments are becoming increasingly common as cash as a payment solution or method for consumers in Southeast Asia, according to research from ACI Worldwide (NASDAQ: ACIW) and YouGov. Three out of five or around 60% of consumers residing in Indonesia, Malaysia, Thailand and Singapore… Read More

Artificial Intelligence: Deutsche Bank Releases Paper on Potential of AI in Securities Services

The wishes of investors looking to not having to deal with settlement failure penalties and cookie-cutter services from custodian banks will be fulfilled by AI-powered solutions, according to a new paper from Deutsche Bank (ETR: DBK), titled “Unleashing the potential of AI in securities services.”… Read More

Dr. Joshua Ellul, Chairman of Malta Digital Innovation Authority, Says DLT Platforms, Smart Contracts Can Make Calls to External Web Services

Contrary to “widespread” misconception, blockchain, distributed ledger technology (DLT) platforms and smart contracts are able to make calls to external web services, Dr. Joshua Ellul explains in an update shared with Crowdfund Insider. Dr. Joshua Ellul, Chairman of Malta Digital Innovation Authority; Expert Evaluator at… Read More

London’s Moneyfarm, a Wealth Management Fintech, Reveals Q1 2021 Saw Slow Return to Economic Normality

London-based Moneyfarm, a company providing wealth management services “designed around you,” notes that at the end of every quarter, their investors are provided a complete report outlining the performance of their portfolios. Moneyfarm writes in a blog post update that these reports come with comprehensive… Read More

CBDCs, Bitcoin, Other Cryptocurrencies, and Fiat May be Able to Co-Exist Given Current State of Development: Report

Sovereign governments could potentially be the next group to adopt digital assets, according to a report from crypto-assets firm Kraken. Kraken writes in an update that central bank digital currencies (CBDCs) might become “the latest, and perhaps most substantial tool, used to expand their monetary… Read More

UK Fintech Freetrade Survey Reveals that Brits Struggled with Financial Literacy Questions on ISAs, Retirement Planning

A recent research study has found that a lack of proper financial education has left consumers across the UK a bit confused with how to manage their funds. The study reveals that UK residents may be dealing with detrimental effects on their confidence, mental well-being… Read More

Fintech Affirm Reveals that 43% of New Users Prefer the Firm’s Pay Over Time Services as it Helps them Stay Within Budget: Survey

Affirm (NASDAQ:AFRM), the first Fintech firm of 2021 to complete a traditional (non-SPAC) initial public offering, notes that its research team frequently looks at why shoppers pay over a period time with Affirm. Recently, their surveys revealed important reasons that should be of interest to… Read More

Digital Banking: Neobanks like Nubank, Neon, and Uala are Now Key Players in South and Latin America Fintech Sector

The digital banking sector in South America has been growing steadily, with now over 30 neobanks in the region. Digital banking platforms currently serve more than 50 million consumers out of the region’s (approximately) 430 million residents, according to the latest data from Dutch Fintech… Read More

Fintech Firms May have Significant Growth Opportunities in Africa due to Increasing Demand for Digital Services: Report

A recent study carried out by the Mastercard Economics Institute revealed that the Coronavirus crisis has presented Africa with significant growth opportunities for Fintech firms. The study has noted that the industry should, this year, play a key role in promoting greater financial inclusion in… Read More

QR Code Payments Users Is Expected to Surpass 2.2 Billion within Next 5 Years: Report

A recent study released by Juniper Research has revealed that the total number of QR code payment users is expected to surpass 2.2 billion within 5 years, which is up significantly from 1.5 billion in 2020. This would be almost 30% of all mobile phone… Read More

Mobile Payments in Switzerland are Becoming More Widely Adopted due to Permanent Changes in Consumer Behavior: Study

Mobile payments adoption in Switzerland had not really picked up when compared to some other markets, however, this has changed during the past couple years, according to a study by the Lucerne University of Applied Sciences. Recent data shows that 40% of the Swiss population… Read More

Digital Payments Surge in 2020, while Distributed Ledger Tech is in Focus for Digital Currency Solutions, Efficiency Enhancements: Report

Capgemini has released a new report titled, Payments – Top Trends 2021: Drivers, Opportunities, and Risks Shaping Financial Services. While highlighting key Fintech trends in the payments sector, the extensive report noted that Payments-as-a-Service has gained significant “traction” among small- and mid-tier institutions. It added… Read More

63% of European Consumers Abandoned their Financial Applications due to Difficult Onboarding Process: Survey

Signicat, the trusted digital identity firm, has shared new research which reveals that 63% of European consumers have abandoned financial applications during the past year. Signicat’s survey was carried out in May and June 2020 which was during the Europe-wide COVID-19 lockdowns or restrictions. The… Read More

60% of Major Global Banks have Shortened Opening Hours of Branches, Many Banks Offering Fully Digital Processes: Report

Digital Banking Maturity (DBM) is a global accelerator that assists banking institutions with responding to change. Digital Banking Maturity is the largest global digital banking study, offering an extensive “outside-in ’mystery shopper’ assessment of retail banks’ digital channels and furthering discussion about future developments,” according… Read More

Underserved Singapore based SMEs are Now Considering Switching to Digital Banks: Visa Survey

  Payments giant Visa recently published a study on Digital Banking and SMEs in Singapore. According to the report, 88% of Singapore’s SMEs are now considering switching over to an all-digital banking platform. These findings of the study have been released at a time when the… Read More

Fintech Firms in India are Expecting to Make a Recovery from COVID within 6 Months: Report

Fintech companies in India are now expecting to make a recovery within the next six months, after being hit hard by the COVID-19 pandemic, which has led to many people losing their jobs and businesses shutting down. Indian Fintech firms including payments, lending and neobanking… Read More

Number of Automated Deposit Terminals Installed Globally Increased By 4%, Exceeds 1.4 Million: Report

Research company RBR’s latest study has found that the number of automated deposit terminals (ADTs) installed globally have increased by around 4% and had reached 1.4 million in 2018. Banking institutions say that deposit ATMs will become a widely-used tool for assisting clients in migrating… Read More

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