Tagged: Research Study

July 1, 2023 @ 7:07 pm By Omar Faridi  |  

TRM Labs, which claims to be the leader in blockchain intelligence solutions, released the Illicit Crypto Ecosystem Report, a detailed guide to the complex dynamics of crypto crime. The new report “identifies over 40 types of criminal activity, and reveals that a seismic shift in… Read More

July 1, 2023 @ 4:29 pm By Omar Faridi  |  

Institutional users recognize the long-term potential of crypto assets, according to a recent report by Binance Research which surveyed 208 respondents on their attitudes, preferences, and motivations toward cryptocurrency investments. Positive and Long-Term Outlook On Crypto as an Alternative Asset Class The Institutional Crypto Outlook… Read More

June 30, 2023 @ 1:32 pm By Omar Faridi  |  

Asset managers project future organic growth despite a host of challenges facing the industry, according to a Northern Trust industry study of 150 asset managers, conducted in partnership with Coalition Greenwich. While 84% expect to grow, 22% plan “to implement changes to their operating models… Read More

June 28, 2023 @ 8:24 am By Omar Faridi  |  

With artificial intelligence (AI) being one of the most talked about technologies of 2023, consumers are gradually “growing their understanding of its role in the payments process.” Research among over 14,000 consumers commissioned by global payments platform Paysafe (NYSE: PSFE) highlights the extent of the… Read More

June 27, 2023 @ 10:12 pm By Omar Faridi  |  

A total of 2,765 mergers and acquisitions (M&A) deals were announced in the Asia-Pacific (APAC) region during January to May 2023, “a decline of 16.3% compared to the 3,304 M&A deals announced during the same period in the previous year,” finds GlobalData, a data and… Read More

June 27, 2023 @ 6:10 pm By Omar Faridi  |  

More than half—52%—of the Fortune 100 have “pursued crypto, blockchain or web3 initiatives since the start of 2020, according to recent research results shared by Coinbase (NASDAQ:COIN). As mentioned in a blog post, about 60% of Fortune 100 initiatives “reported since the start of 2022… Read More

June 26, 2023 @ 7:45 am By Omar Faridi  |  

Hong Kong’s card payments market is “expected to grow by 4.8% to reach HKD1.06 trillion ($136.0 billion) in 2023, supported by an economic rebound and a growing consumer preference for electronic payments,” says GlobalData, a data and analytics company. According to GlobalData’s Payment Cards Analytics,… Read More

June 26, 2023 @ 7:32 am By Omar Faridi  |  

A newly released TransUnion and J.D. Power study shows that while most remain in positive equity positions, potential risk is “increasing among some consumers and lenders.” A return to a vehicle environment “closer to the pre-pandemic norm has allowed for inventories to replenish and for… Read More

June 25, 2023 @ 12:45 pm By Omar Faridi  |  

According to a new study by IDC Financial Insights supported by Episode Six (E6), a global provider of enterprise-grade payment processing and digital ledger infrastructure, spending “on legacy paytech is rising rapidly and damaging the growth prospects of banks around the world.” Global financial institution… Read More

June 25, 2023 @ 12:35 pm By Omar Faridi  |  

Research from Vodeno/Aion Bank has recently revealed just how embedded banking adoption is “significantly boosting brand loyalty for companies, with consumers more likely to use embedded banking products from brands as a result of the cost-of-living crisis.” The European Banking-as-a-Service (BaaS) provider’s study “revealed that… Read More

June 18, 2023 @ 9:42 am By Omar Faridi  |  

Hexaware Mobiquity, a digital consultancy that designs and delivers innovative digital products and services for the world’s leading brands, released the results of the firm’s annual Global Benchmark for Sustainable Banking Report. This third iteration of the report “surveyed 600 C-suite banking executives across the… Read More

June 14, 2023 @ 2:21 pm By Omar Faridi  |  

Gordon Liao from Circle Internet Financial and Thomas Hadeed noted in a study titled, Beyond Speculation: Payment Stablecoins for Real-time Gross Settlements, that  empirical evidence shows “a notable shift in the usage of stablecoins, a form of digital currency transacted over distributed ledgers, in recent… Read More

June 12, 2023 @ 12:18 pm By Omar Faridi  |  

Financial institutions (FIs) that “run on a true SaaS platform bounce back from market disruption nearly 2.5x faster than their industry peers,” according to new research from cloud banking platform Mambu. The Turning turbulence into triumph report “examines how personal lenders, SME lenders and neobanks… Read More

June 7, 2023 @ 3:58 pm By Omar Faridi  |  

The age of embedded finance and digital financial services has reached an inflection point, “with new payments and shopping solutions now commonplace in the US alongside legacy systems,” according to a new survey from Marqeta (NASDAQ: MQ), the global modern card issuing platform. The company’s… Read More

June 6, 2023 @ 8:43 pm By Omar Faridi  |  

Redseer Strategy Consultants released a report titled ‘Future of Online Payments’ in collaboration with Plural by Pine Labs. The report “highlights growth projections for the forecast period FY23-26 and shares insights on segments like UPI, Bharat Bill Payment System (BBPS), Embedded Finance, and e-commerce.” As… Read More

June 6, 2023 @ 11:59 am By Omar Faridi  |  

Online fraud and financial crime prevention platform SEON has released its latest ‘Global Banking Fraud Index’, which analyzes “the cost of fraud to banks and other financial institutions around the world in 2023.” Notably, the new review by SEON highlights the following: The value of… Read More

June 5, 2023 @ 1:15 pm By Omar Faridi  |  

Jumio, the provider of automated, end-to-end identity proofing, risk assessment and compliance solutions, released the Jumio 2023 Online Identity Study, the second installment of its annual global consumer research, conducted by Censuswide. This year’s results highlight “an understanding among consumers around how generative AI and… Read More

June 1, 2023 @ 11:45 pm By Omar Faridi  |  

After a long period of consistent profitability, the wealth and asset management sector is “facing rising costs, shrinking margins, and intensifying consumer demands.” Firms are looking for ways “to accelerate their digital transformations, bring more of what their clients want to the table, and bolster… Read More

May 27, 2023 @ 5:57 pm By Omar Faridi  |  

From fragmented monitoring and enforcement to differing classifications of crypto assets, many barriers hinder global coordination on crypto-asset regulation efforts. A new study from the World Economic Forum identifies “the importance of a global approach to crypto-asset regulations and provides potential solutions to these barriers.”… Read More

May 13, 2023 @ 4:27 pm By Omar Faridi  |  

Cowbell, the provider of cyber insurance for small and medium-sized enterprises (SMEs), today released its Cyber Round-Up: Q2 2023 report. The report explores insights from small and medium-sized enterprise (SME) leaders “across the U.S., revealing that many SME leaders with cyber insurance feel better prepared… Read More