Tagged: research

October 4, 2024 @ 8:33 am By Omar Faridi  |  

According to an extensive update by Finch Capital, 2024 continued to be a turbulent year for European Fintech. While funding levels continued to decline, the sector is now said to be more resilient, with certain “green shoots” now emerging. As noted in the latest research… Read More

October 3, 2024 @ 10:59 pm By Omar Faridi  |  

Digital assets firm Gemini has shared an analyst note which pointed out that a lot of the recent stablecoin onchain activity has, for the most part, remained fairly resilient despite the headwinds across global financial markets. As stated in the latest research report from Gemini,… Read More

October 3, 2024 @ 7:57 pm By Omar Faridi  |  

Xero, the global small business platform, has reported a significant 81% increase in the cost of late payments to Kiwi small businesses, surging from about $456 million in 2021 to $827 million in 2023. This data is part of the Xero Small Business Insights program,… Read More

October 3, 2024 @ 3:37 am By Omar Faridi  |  

Germany based companies are reportedly relying increasingly on generative AI as a performance driver. This, according to a research study shared by KPMG. The results of the KPMG study “Performance Improvement Strategy” highlight significant adoption of AI across businesses. More intense competition, difficult financing conditions… Read More

October 2, 2024 @ 7:50 pm By Omar Faridi  |  

Nearly four-fifths (77%) of organizations expect their cyber budget to increase over the coming year as organizations cite unpreparedness to an ever-expanding surface of cyber vulnerabilities, according to PwC’s 2025 Global Digital Trust Insights survey. The survey, which obtained key insigths from 4,042 business and… Read More

October 2, 2024 @ 7:48 pm By Omar Faridi  |  

Jon Purther, Director of Research at Payments Canada notes that a recent study from Payments Canada has revealed that one in five Canadian businesses experienced payment fraud in the past six months. Jon Purther of Payments Canada said that this is despite 63% of businesses… Read More

October 1, 2024 @ 11:39 am By Omar Faridi  |  

Three quarters or the majority of UK financial services professionals are preparing for the Chancellor’s upcoming Budget to have at least a moderate impact on their business, according to KPMG’s UK Financial Services Sentiment Survey. More than a quarter (28%) anticipate the impact will be… Read More

October 1, 2024 @ 9:56 am By Omar Faridi  |  

UK business confidence dipped to a three-month low in September, the Lloyds Bank Business Barometer has found. The survey, which ran from 2nd – 16th September, revealed that overall UK business confidence fell three points to 47%, its lowest for three months, but remained higher… Read More

September 30, 2024 @ 9:07 pm By Omar Faridi  |  

NYDIG Research has shared an extensive updated highlight the path for options on Bitcoin ETFs along with other key blockchain and crypto industry insights. With the SEC approving IBIT options, the research report from NYDIG looks “at the next steps required for options to begin… Read More

September 30, 2024 @ 3:55 pm By Omar Faridi  |  

The consumer retail and services vertical approached a nadir through Q2 2024, according to an update from PitchBook. Looking forward, PitchBook pointed out that the buyout activity is “expected to increase following the Federal Reserve’s (the Fed’s) much anticipated 50-basis-point cut announced in Q3.” Illustrating… Read More

September 30, 2024 @ 1:06 pm By Omar Faridi  |  

Crypto markets moved sideways in Q3 2024, as measured by the FTSE/Grayscale Crypto Sectors family of indexes. This, according to an extensive report from Grayscale. Grayscale noted in its report that changes to the FTSE/Grayscale family of indexes this year highlight emergent themes “for the… Read More

September 27, 2024 @ 9:50 am By Omar Faridi  |  

New research released by KPMG provides insight into whether consumers would reduce some of the buying and saving behaviors that have become more prevalent during the cost of living crisis, if they had more disposable income available to spend. KPMG UK’s Consumer Pulse survey gauged… Read More

September 27, 2024 @ 9:34 am By Omar Faridi  |  

On September 26, 2024, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Russia-based exchange Cryptex and Sergey Sergeevich Ivanov (a.k.a. UAPS a.k.a TALEON), who facilitated laundering “for fraud shops, ransomware payments, darknet markets, and other criminal actors.” Following these developments,… Read More

September 26, 2024 @ 3:18 pm By Omar Faridi  |  

Chainalysis recently shared key insights from its 2024 Geography of Cryptocurrency Report. According to the Chainalysis research report, the MENA region ranks as the seventh-largest crypto market globally in 2024, with “an estimated $338.7 billion in on-chain value received between July 2023 and June 2024,… Read More

September 26, 2024 @ 8:00 am By Omar Faridi  |  

Stablecoins are tokens whose values are pegged to other assets, like commodities or fiat currencies, to stabilize their prices. This, according to a report from CoinGecko. The research report from CoinGecko explains that “by maintaining a peg to a specific fiat currency, asset, or commodity,… Read More

September 25, 2024 @ 7:24 am By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) commenced Phase 2 of the e-HKD pilot program and is expanding Project e-HKD to explore new forms of digital money. The HKMA in Hong Kong revealed on September 23 that it officially began Phase 2 of the e-HKD Pilot… Read More

September 24, 2024 @ 11:49 am By JD Alois  |  

UK startups received $10.1 billion in venture capital (VC) funding from January through August 2024 according to a report. The funding was committed to 673 individual deals. GlobalData reports that this is an improvement by 14.8% in funding year over year. At the same time,… Read More

September 23, 2024 @ 5:35 pm By Omar Faridi  |  

UK Finance is calling for further housing market reform. UK Finance recently releases its report ‘Homes We Need’ which proposes solutions to complement the government’s plans. UK Finance, which represents over 300 firms “including 120 mortgage lenders, is today releasing its report Homes We Need.”… Read More

September 23, 2024 @ 8:30 am By Omar Faridi  |  

Voice cloning scams – where fraudsters use AI technology to replicate the voice of a friend or family member – could be set to catch millions out, according to new research shared by Starling Bank. The data, from Starling Bank, found that over “a quarter… Read More

September 22, 2024 @ 9:09 am By Omar Faridi  |  

Ahead of a “painful” Budget expected this autumn, new research from independent SME funder Bibby Financial Services (BFS) reveals that UK SMEs consider tax incentives and access to finance as two critical areas that need “to be addressed by the Government to unlock growth.” Data… Read More