Tagged: research

October 23, 2024 @ 9:48 am By Omar Faridi  |  

Almost half of all US renter households are being “burdened” by excessive rent costs, with Gen Z renters shouldering the “heaviest load,” a new analysis of the U.S. Census Bureau’s 2022 American Community Survey (ACS) by real estate firm Zillow (Nasdaq: Z and ZG) and… Read More

October 23, 2024 @ 7:30 am By Omar Faridi  |  

The number of global banks losing clients to slow and inefficient know your customer (KYC) onboarding practices has surged to a record high this year, according to new research from Fenergo, the provider of solutions for KYC, client lifecycle management (CLM) and transaction monitoring. A… Read More

October 22, 2024 @ 11:14 pm By Omar Faridi  |  

UK Finance has shared a Half Year Fraud Report 2024. According to the latest update from UK Finance, fraud continues to pose a major “threat” to the United Kingdom as well as potentially cause “serious harm’ to individuals and society in general. During the first… Read More

October 21, 2024 @ 7:51 am By Omar Faridi  |  

Greg Cipolaro, Global Head of Research at NYDIG, noted that the team has recently examined the various tradeoffs of the available options for bitcoin investors to generate yield on their digital assets holdings. The NYDIG researchers explained in their latest update that the new supply… Read More

October 20, 2024 @ 10:57 pm By Omar Faridi  |  

Latin America’s digital assets firm Bitso recently noted in an update covering the benefits of stablecoins that when consumers have medium- or long-term plans to make any type of purchase or transaction, they tend to create a savings fund that “allows them to achieve their… Read More

October 20, 2024 @ 5:45 pm By Omar Faridi  |  

Digital assets firm Gemini noted that understanding the concept of “crowded trades” – where “net positioning” becomes “skewed” in one direction and the “market consensus is focused on one particular outcome” – is said to be a “time-tested skill” in risk analysis and trade idea… Read More

October 19, 2024 @ 7:37 pm By Omar Faridi  |  

In today’s business environment, more finance departments are beginning to turn to automation to improve efficiency and job satisfaction. As automation continues to transform financial operations, data suggests that accounts payable (AP) professionals with a “higher degree of automation” are benefiting in their careers as… Read More

October 19, 2024 @ 4:18 pm By Omar Faridi  |  

Activity at small and medium-sized businesses fell “marginally” in September, while new work and employment numbers continued to grow, the NatWest SME Growth Tracker has revealed. The NatWest UK SME Business Activity Index – which aims to effectively measure MoM changes in the output of… Read More

October 19, 2024 @ 4:17 pm By Omar Faridi  |  

A study released recently, How consumer behaviour shapes the digital economy, by Checkout.com, a digital payments firm, has highlighted the consumer buying behavior which is powering the digital economy. The research, carried out across the United Kingdom, US, United Arab Emirates (UAE) and China, reveals… Read More

October 18, 2024 @ 5:58 pm By Omar Faridi  |  

A recent TransUnion (NYSE: TRU) analysis finds that fraud is said to be costing businesses the equivalent of nearly 7% of revenues. According to the extensive report from TransUnion, three in four business professionals indicated fraud stayed the “same or increased” in the last year;… Read More

October 17, 2024 @ 6:37 pm By Omar Faridi  |  

a16z has shared the State of Crypto Report 2024, which examines data on swing states, stablecoins, AI, builder energy, and offers other key insights. Daren Matsuoka, Robert Hackett, and Eddy Lazzarin noted that when they launched their very first annual State of Crypto report two… Read More

October 17, 2024 @ 10:11 am By JD Alois  |  

Venture funding of Fintechs bounced along during Q3 2024, declining from Q2 and nowhere near more robust activity in recent years. This is according to S&P Global Markets, which reports that Fintech startups globally saw 370 funding rounds worth $6.4 billion in the third quarter… Read More

October 15, 2024 @ 8:13 am By Omar Faridi  |  

CoinGecko has released their latest 2024 Q3 Crypto Industry Report. CoinGecko noted in its recent research report that Q3 saw crypto close the quarter flat at a $2.3 trillion market capitalization, but the period still saw significant volatility. CoinGecko further noted that geopolitical and economic… Read More

October 15, 2024 @ 8:12 am By Omar Faridi  |  

PitchBook has shared key insights that focus on developments in the Fintech and payments ecosystems. The PitchBook report pointed out that Fintech performance has rebounded with shares of public fintech firms closing higher during Q3 of 2024, tracking the “broader” stock market’s rebound. PitchBook also… Read More

October 14, 2024 @ 12:40 pm By Omar Faridi  |  

Less than a month before the presidential elections in the United States take place, next Tuesday, November 5, both candidates (former US President Donald Trump and Kamala Harris) have made statements about the crypto industry and the future of Bitcoin. According to an update from… Read More

October 14, 2024 @ 7:55 am By Omar Faridi  |  

Innovate Finance, the industry body representing the Fintech community in the UK, and Vested Impact have released The Fintech Impact Report 2024, prepared in collaboration with Accenture, assessing the impact UK FinTech has on the “economy and society.” This latest report measures the Fintech ecosystem’s… Read More

October 13, 2024 @ 11:44 pm By Omar Faridi  |  

Bitpanda has shared research examining the crypto investment market in Italy. In Italy, Bitpanda said they have found that nearly one in ten people (9%) across the European nation currently invest in virtual currencies, however, the update clarified that this number rises to 16% for… Read More

October 13, 2024 @ 10:58 pm By Omar Faridi  |  

The team at Prove has shared key insights on the “Rise of the Trust & Safety Officer” – which now consistently aims to safeguard businesses in the so-called digital age. Prove noted in a blog post that in every sector and across all global regions,… Read More

October 13, 2024 @ 3:21 pm By Omar Faridi  |  

A recent Chime survey has revealed consumers’ feelings or thoughts about cash. Chime notes in a blog post that consumers may have experienced that moment when you forget to bring cash. In a recent survey, Chime noted that of 2,000 adults across four different generations… Read More

October 9, 2024 @ 12:27 pm By Omar Faridi  |  

Research from global cloud-based small business platform Xero reveals a notable gap in financial literacy among U.S. small business owners. Despite 55% of small business owners rating their financial literacy as ‘high’, half (50%) actively face fiscal challenges in their business due to a lack… Read More