Tagged: research

Credit, Charge Card Payments in Hong Kong to Exceed $100B by 2026: Report

The Hong Kong credit and charge card payments market is set “to grow at a compound annual growth rate (CAGR) of 3.9% between 2022–2026 to reach HKD 831.9 billion ($106.7 billion) in 2026, driven by a significant shift in consumer preferences towards non-cash payment methods… Read More

Global M&A Activity Remained Resilient in 2022 Despite Harsh Macroeconomic Headwinds: Report

In 2022, global M&A activity “remained resilient despite harsh macroeconomic headwinds that persisted throughout the year,” according to an update from Pitcbbook. Compared with 2021, M&A value “declined 13.7% to $4.7 trillion but was strong relative to historic levels and marked its second-best year.” Pitchbook… Read More

Web3 Report: Decentralized Technologies Are Now Being Developed by Experienced Tech Professionals

In order to get a better understanding of the current state of the industry, the Ferrum Network team conducted a survey “to gather insights from participants about their involvement in and views on Web3.” In order to get a better understanding of the current state… Read More

Financial Crime Is Becoming More Prevalent and Financial Institutions Not Prepared to Deal with Threats: Report

Over the last 30 years, financial crime has increasingly become “a concern to governments around the world,” according to an update from Juniper Research. Today, there is widespread recognition that “economically motivated crime poses a long-term threat to the stability and development of societies’ economies… Read More

Half of Young Brazilians Ready to Go into Debt to Invest in their Own Business, Survey Reveals

Young Brazilians already “demonstrate mastery of basic concepts of financial education and how to spend money thinking about the future,” according to an update shared by C6 Bank. The most recent survey by C6 Bank/Datafolha indicated, for example, “that 50% of boys and girls aged… Read More

DeFi Integrates Technical, Financial, Socio-Economic Complexity in Unprecedented Way: Report

Decentralized finance (DeFi) builds on distributed ledger technologies (DLT) “to offer services such as trading, lending and investing without using a traditional centralized intermediary,” according to finding shared by the Bank for International Settlements (BIS). The fact that DeFi components can be programmed “may open… Read More

Digital Assets Market Makes Remarkable Rebound, Metaverse, Smart Contract Sectors Performing Well: Coinmetrics Report

In a report titled, Monitoring the Currents of the Crypto Market, Matías Andrade and Kyle Waters from Coinmetrics noted that the digital asset market is “experiencing a surge in activity as we kick off the new year. The update from Coinmetrics points out that Bitcoin… Read More

UK Financial Services Firms Could Provide More Secure Services by Leveraging Phishing-Resistant Tech: Report

The United Kingdom has consistently taken a strong position on cybersecurity, “recognizing the need to drive awareness and responsiveness on a national scale,” according to an update from Hypr, the passwordless service provider. It reportedly “established the National Cybersecurity Centre in 2016, has among the… Read More

Ransomware Revenue Declines As More Victims are Refusing to Make Payments, New Report Reveals

2022 was an impactful year in “the fight against ransomware,” according to an update from Chainalysis. Ransomware attackers extorted “at least $456.8 million from victims in 2022, down from $765.6 million the year before.” As always, they have to caveat these findings by noting “that… Read More

Venture-Based Money Laundering in Web3 Becoming a Serious Threat: Report

Criminals have always found efficient ways “to launder the proceeds of their crimes and avoid increasingly stringent anti-money laundering regulations,” according to an update from CertiK. One such technique, uncovered by CertiK, poses “a direct threat to Web3 projects.” Criminal organizations are using this scheme… Read More

MX Research: 1 in 4 Consumers Want Financial Providers to Do More to Support Financial Needs

MX, a key player in Open Finance, released a new report on the features, functionality, and support that consumers want from their financial providers. MX’s latest survey of 1,000 U.S. consumers “shows 1 in 4 consumers feel that financial providers don’t do enough to support… Read More

Biz2Credit Analyzes Inflation’s Impact on Small Businesses

Biz2Credit, an online funding provider to small businesses, announced the findings of its Small Business Inflation Study that “analyzed the revenues and expenditures of more than 140,000 U.S. small businesses from January 2019 to October 2022.” The Biz2Credit Small Business Inflation Study identified three distinct… Read More

CCAF Publishes State of Suptech Report, Regulators Step Up Utilization of Technology to Monitor Financial Services

The Cambridge Centre for Alternative Finance (CCAF), Cambridge SupTech Lab, has published a report on the emerging arena of supervisory technology (Suptech) that aims to improve the regulation of financial services firms.  While some view Regtech and Suptech as two sides of the same coin,… Read More

Consumer Spending Survey: Two-Thirds of Americans to Spend Same or More on Retail Purchases in 2023

Despite continued inflation and the potential of a recession, 67% of Americans plan to spend either the same or more in 2023 as they did in 2022 “on retail purchases” according to a new survey commissioned by DailyPay and Dollar Tree and conducted online by… Read More

Insurtech Firms Could Become Acquisition Targets of Incumbents as Valuations Remain Depressed: Report

In Q3 2022, Insurtech companies globally “raised $1.6 billion in VC across 134 deals, representing a 51.1% decrease in QoQ deal value,” according to an update from Pitchbook. This was “the lowest amount of invested capital since Q2 2020 and the lowest deal count since… Read More

Research Report Shows High Levels of Awareness of Embedded Finance Among UK B2B SMEs

New Kriya (previously MarketFinance) research shows high levels of awareness of Embedded Finance among UK B2B SMEs. But with implementation intent being 3 years on average, “this means thousands of UK firms are leaving money on the table,” the report from Kriya reveals. UK SME… Read More

Ethereum, BNB Chain Experienced the Most DeFi, Blockchain-related Security Incidents in 2022: Report

A new report from SlowMist takes a close look at the major events in the blockchain industry that took place in 2022. The report from SlowMist provides an overview of the security status of each area within the industry and delves into “common attack techniques.”… Read More

DeFi Tokens Market Cap Declined Due to Macroeconomic Uncertainty, Malinvestments within Crypto Sector: Report

The team at Coinmetrics has released the State of DeFi Tokens in 2023 Report. Authored by Matías Andrade and Kyle Waters, the Coinmetrics report reveals that decentralized finance (DeFi) is “a rapidly growing application of blockchain technology that aims to provide financial services, such as… Read More

In-store SMBs See Reduced Checkout Times as Key to Growth: Report

Four in five (80%) SMBs (small to medium-sized businesses) consider payments and a seamless checkout experience “as critical to growth.” New research among 200 U.S. brick-and-mortar SMBs commissioned by leading payments platform, Paysafe (NYSE: PSFE), revealed “that 69% of merchants want to reduce the time… Read More

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