Tagged: Research Study

January 9, 2024 @ 8:14 am By Omar Faridi  |  

Financing a new business can be one of the biggest hurdles entrepreneurs face, according to an update shared by UK’s Starling Bank. Some 85% of UK startups launched in the last three years “have relied on the founder’s personal capital as the initial source of… Read More

January 3, 2024 @ 9:03 am By Omar Faridi  |  

Buying a home and paying off the mortgage are the “biggest financial wins” that make people proud, while living in debt and spending beyond one’s means are the “nation’s biggest regrets,” according to research shared by online pension provider PensionBee. A survey by PensionBee has… Read More

December 18, 2023 @ 11:40 am By Omar Faridi  |  

Blend has shared the 2023 Mortgage Suite ROI Study. Jordan Brown, CEO of MarketWise Advisors LLC, has distributed the third annual Blend return on investment (ROI) impact analysis “conducted by MarketWise Advisors.” The study reportedly provides “an independent evaluation of Blend’s mortgage technology and its… Read More

December 16, 2023 @ 8:41 am By Omar Faridi  |  

Promon, the provider of application shielding technology responsible for recently uncovering FjordPhantom, an emerging cyber threat targeting banks in Southeast Asia, reveals the findings of its research into “the susceptibility of the world’s top banking apps to this sophisticated new strain of malware.” In September… Read More

December 14, 2023 @ 3:55 pm By Omar Faridi  |  

Against a backdrop of shrinking margins and strained profitability, auto lenders need to do everything they can “to deliver stand-out customer experiences while reducing administrative costs,” according to a research report. While similar businesses, such as retirement plan administrators, property and casualty (P&C) insurers and… Read More

December 14, 2023 @ 3:14 pm By Omar Faridi  |  

Percent, the firm powering the modern private credit marketplace, released its market outlook for 2024. The report, titled Percent’s 2024 Private Credit Outlook, summarizes “the key macroeconomic trends from 2023 that propelled the asset class forward, with insights on what investors can expect for the… Read More

December 14, 2023 @ 6:11 am By Omar Faridi  |  

Climate finance was central to discussions at COP28 in Dubai and funding to reach net-zero and restore biodiversity is still falling short, according to an update shared by the World Economic Forum (WEF). New research published by WEF highlights priorities “for action and shows how… Read More

December 12, 2023 @ 11:33 pm By Omar Faridi  |  

The top-5 identity fraud types in 2023 are: AI-powered fraud, money muling networks, fake IDs, account takeovers and forced verification. This, according to an update from Sumsub. Sumsub recently released its third annual Identity Fraud Report of the year. The report provides a comprehensive analysis… Read More

December 12, 2023 @ 9:44 am By Omar Faridi  |  

The Basel Committee on Banking Supervision met virtually on 5 and 7 December to discuss a range of policy and supervisory initiatives. The Committee took stock of its review of various elements of “the prudential standard for banks’ exposures to crypto-assets published in December 2022.”… Read More

December 12, 2023 @ 9:39 am By Omar Faridi  |  

The CertiK team has released an update, titled, The Rise of Stablecoins in Unstable Times. As noted in a blog post by CertiK, the total value of circulating stablecoins currently “stands north of $120 billion.” As stated in the CertiK update, they have steadily “grown… Read More

December 8, 2023 @ 7:43 am By Omar Faridi  |  

The UK’s energy supply could require more than £900 billion in capital expenditure to achieve net zero by 20501, opening up “a significant opportunity for public and private capital in enabling a successful transition,” according to a new report published by NatWest and Boston Consulting… Read More

December 7, 2023 @ 10:22 pm By Omar Faridi  |  

The artificial intelligence (AI) boom across all industries has fueled “anxiety” in the workforce, with employees fearing ethical usage, legal risks and job displacement, according to new data from Ernst & Young LLP (EY US). The AI Anxiety in Business Survey is based “on findings… Read More

December 6, 2023 @ 10:05 pm By Omar Faridi  |  

More than half (62%) of financial advisors currently allocate between 6% and 25% of clients’ portfolios to alternative asset classes, with (85%) of them expecting “to increase allocations to one or more alternative asset classes further within the next year,” according to a recent independent… Read More

December 3, 2023 @ 3:10 pm By Omar Faridi  |  

Digital asset firm Gemini has shared their latest crypto market update. Key takeaways from Gemini‘s extensive crypto market report are as follows: Bitcoin climbs as SEC speeds up spot bitcoin ETF review process: Bitcoin (BTC) continued to grind higher this week, reaching a new yearly… Read More

December 1, 2023 @ 4:11 pm By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released key findings from the 26th edition of the Reality Check: Paycheck-To-Paycheck research series. The Seasonal Financial Distress Deep Dive Edition “examines the impact of seasonal spending on consumers’ ability to… Read More

November 30, 2023 @ 4:54 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) released findings highlighting global e-commerce fraud that occurred during the start of the 2023 holiday shopping season. Based on insights from TransUnion’s global device risk consortium, the analysis found 3.6% of all global e-commerce transactions “reviewed during the Cyber Five days were… Read More

November 28, 2023 @ 6:06 pm By Omar Faridi  |  

Despite electric vehicle (EV) sales moderating from a torrid pace, the share of new EV car registrations increased markedly through “the first half of 2023 to 8.3%, up from 5.6% one year earlier.” A TransUnion (NYSE: TRU) study conducted in collaboration with S&P Global Mobility… Read More

November 26, 2023 @ 7:37 pm By Omar Faridi  |  

Lloyds Banking Group, a UK based financial services group, has released the first Housing Stocktake 2023 report sharing insights on “the stalling efforts to decarbonize the UK’s housing stock.” In the UK, homes are one of the highest emitting sectors, “with the 28 million residential… Read More

November 24, 2023 @ 5:47 pm By Omar Faridi  |  

Australia’s mutual banks, building societies and credit unions (the “Mutuals”) increased total assets by 2.5 percent to $163.1 billion in the 2023 financial year, “compared to last year’s 8.4 percent jump (to $159.1 billion).” At the same time, overall operating profits before tax increased “by… Read More

November 24, 2023 @ 8:12 am By Omar Faridi  |  

Rental concessions—offers meant to entice tenants, such “as free months of rent or free parking—are at their highest level in more than two years despite strong renter demand,” Zillow‘s (NASDAQ: Z and ZG) data shows. That’s because property managers are now “likely competing for tenants,… Read More