Tagged: research

Wealthtech: Wealth Managers Rate their Process of Creating and Sharing Investment Advice as Poor to Average, a Report Reveals

Finantix, a technology products firm focused on banking, wealth management and insurance services, has published a report, which it authored in collaboration with WealthBriefing, a news, features and information source for the wealth management (Wealthtech) industry. The market research report, titled “Defining – and Delivering… Read More

Coin Metrics, a Blockchain Data Analytics Firm, Secures $6 Million in Funding from Highland Capital Partners, Coinbase, Digital Currency Group, Fidelity, Others

Coin Metrics, a blockchain analytics and research company, has acquired $6 million in funding through a Series A investment round, which was led by existing investor Highland Capital Partners. Coinbase, Digital Currency Group, Dragonfly Capital, and Fidelity (among others) also took part in Coin Metrics’… Read More

CBDCs: Central Bank Digital Currencies Could Offer Several Opportunities, Says Bank of England

The Bank of England (BoE), the UK’s reserve bank, has released a discussion paper on virtual currencies. The BoE’s 57-page research document includes an illustrative model of central bank digital currencies, or CBDCs, which could be developed to store monetary value and settle payments by… Read More

Super Size: Digital Bank Market to Top $578 Billion by 2027

The global neo and challenger bank market is projected to reach a valuation of approximately $578 billion by 2027, at a compounded annual growth rate (CAGR) of about 46.5% from 2019 to 2027. This, according to a recent report from Facts and Factors Market Research,… Read More

Digital Banks are Providing Improved Card and Money Management Features in Comparison to Old Banks: Report

Digital banks are establishing new financial industry standards when it comes to better usability, and are introducing handy features such as card management and personal money management. For digital bank users, this will come as no surprise. A recent study published by the consulting company… Read More

SEC Publishes Report on Reg A+: $2.216 Billion in Tier 2 offerings, Mostly Real Estate

The Securities and Exchange Commission (SEC) has published an update on the progress of Regulation A, commonly referenced as Reg A+. When the JOBS Act of 2012 was signed into law, Regulation A received an update that took a securities exemption from just about zero… Read More

US Fintechs Raised $14.9 Billion in 2019: Report

We have already seen multiple Fintech funding reports for 2019. Today, S&P Global Market Intelligence is distributing their spin on the numbers targeting the US only. According to this report, Fintech companies in the US raised $14.8 billion in 2019. Of the six Fintech segments… Read More

$34.5 Billion in Fintech Deals During 2019, a Dip in Number of Deals from Year Prior but Deals Get Supersized

In 2019, there were $34.5 billion in 1,913 Fintech deals around the world a decline of 15% versus 2018 – a year that benefited from Ant Financial’s huge $14 billion deal.  If you choose to ignore Ant, part of Alibaba, then 2019 would be a… Read More

Investment in Fintechs Hits All Time High in 2019 but Drastic Drop in New Fintechs Founded: Report

Last week, Deloitte published an update on investment activity in the Fintech sector. In brief, the good news is that Fintech investments were at an all time high in 2019. The bad news shared by the report that the number of new Fintechs founded experienced… Read More

Deutsche Bundesbank and Deutsche Börse Join in Publishing Study on Usage of Distributed Ledger Technology

Deutsche Bundesbank and Deutsche Börse have joined forces in publishing a study on the uses of distributed ledger technology (DLT) or blockchain. The bank and exchange believe that “DLT solutions can deliver substantial benefits” and “tokenized securities and baskets substantially improve collateral mobility.” The pro-blockchain… Read More

More than $1.4 Billion in Capital Secured by Australian Fintech Firms in 2019

More than $1.4 billion in capital was secured by Australian Fintech firms in 2019 across 38 deals or partnerships, setting a new record. The significant increase in financial technology investments may be attributed (partially) to the rising number of rounds of at least $100 million,… Read More

European Central Bank Publishes Paper on Advantages and Risks Associated with CBDCs

CBDCs Could Disintermediate in a Structural Way the Banking System. The European Central Bank (ECB) has published a paper on Central Bank Digital Currencies (CBDCs).  CBDCs are the state form of stablecoins – cryptocurrency based off a single asset like the Dollar, Euro or Pound… Read More

“Financially Motivated” Cybercriminals to Target Investment App Users, Online Financial Data Processing Platforms, Cryptocurrencies: Kaspersky

Investment applications, online financial data processing tools and decentralized cryptocurrency platforms will most likely be targeted by the “financially motivated cyber threat actors” next year, leading cybersecurity company Kaspersky claims. Financial cyber threats and attacks are some of the most dangerous or damaging ones, as… Read More

United States is Expected to Lose its Top Rank as Largest Cashless Society by Next Year: Study

The United States is reportedly expected to lose its top rank as the largest cashless country and society in the world to nascent Asian markets by next year. Cashless transactions in the US are projected to increase by 4.7% to reach $184 billion by 2020,… Read More

The Hong Kong Monetary Authority Publishes Report on Artificial Intelligence and Banking

The Hong Kong Monetary Authority (HKMA) has published a report entitled “Reshaping Banking with Artificial Intelligence.” The Report is part of a series of publications on applying AI technology, including Robo-advisors, to the banking industry. Hong Kong has emerged as a top Asian Fintech hub… Read More

Big Tech in Finance: The Financial Stability Board Explains the Implications

Depending on the jurisdiction, big tech is moving into financial services at various speeds. In China, big tech already dominates much of the Fintech landscape from payments, to lending, to Wealthtech to savings. It’s all there. In the US, there is a constant, pensive shuffle… Read More

Report: Traditional Banks Retain Trust, But Challenger Banks Have Charm

A report by global consulting firm AT Kearney recently addressed the emergence of digital challenger banks. Published last week, and authored by Simon Kent and Danil Makarov, the research states that  challenger banks are “already mainstream” and if old school high street banks don’t wake… Read More

WealthTech: Consumer Satisfaction with Wealth Technology Apps is Considerably Behind Other Consumer Financial Apps, New Study Reveals

Investors are not satisfied with mobile apps offered by brokerage firms. Client satisfaction with wealth technology (WealthTech) apps is considerably behind those provided by various other consumer financial firms, such as credit cards, retail banks and insurance. This, according to the recently published J.D. Power’s… Read More

Survey: Almost 50% of Australians Have Not Heard of Neobanks or Digital-Only Banks

Several digital banks have been launched in Australia during the past few years. However, these direct banks that are 100% digital currently face challenges around awareness and consumer trust. This, despite millions of customers being dissatisfied with traditional banking services, according to the latest research… Read More

Q3 Fintech Deals Near $9 Billion, Year to Date $24.6 Billion Has Been Raised Topping All of 2017

Fintech funding for the 3rd quarter of 2019 surpassed $8.9 billion – a new quarterly record if you factor out Ant Financial’s whopping $14. billion investment in Q2 of 2018. Fintech, and its various subcategories remains a hot sector of venture financing as the year… Read More

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