Tagged: research

September 24, 2023 @ 9:22 am By Omar Faridi  |  

The latest edition of Accenture’s (NYSE: ACN) China Digital Transformation Index shows that just 2% of Chinese companies are “undertaking the holistic, continuous digital transformation steps needed to drive long term, sustainable growth.” Samantha Zhu, chairperson of Accenture Greater China, said: “A convergence of external… Read More

September 23, 2023 @ 6:08 pm By Omar Faridi  |  

More than 4 out of 5 prospective home buyers consider climate risks as they shop, new Zillow (NASDAQ: Z and ZG) research shows. Most say their major concern “is flood risk, followed by wildfires, extreme temperatures, hurricanes and drought.” Zillow senior population scientist Manny Garcia… Read More

September 22, 2023 @ 12:43 pm By Omar Faridi  |  

Modern Treasury, the operating system for the new era of payments, released survey results from their annual The State of Payment Operations 2023 report showing that legacy payment operations continue to result in high rates of failed payments, slow payments, errors and lost time in… Read More

September 20, 2023 @ 8:51 am By Omar Faridi  |  

As the interest rate environment continues to place pressure on the banking sector, key insights and data collected (last week) shed light on the present situation. This data, shared with CI, was obtained from banking, fintech and financial professionals at FinovateFall in New York and… Read More

September 19, 2023 @ 7:33 pm By Omar Faridi  |  

A survey from Xero, the global small business platform, has revealed that over half (53%) of small businesses in Canada “cited inflation as impacting their cash flow management in the last six months.” Some businesses have been so heavily impacted “that nearly one-third (31%) of… Read More

September 19, 2023 @ 3:28 pm By Omar Faridi  |  

Three of the world’s largest financial market infrastructures (FMIs) – DTCC, Clearstream, and Euroclear – released a paper on the state of the industry’s digital asset evolution. The paper calls for increased collaboration “to progress an ecosystem that currently includes fragmented standards, varying regulatory treatment,… Read More

September 19, 2023 @ 8:18 am By Omar Faridi  |  

The DFINITY Foundation, a not-for-profit research and development organization and a major contributor to the Internet Computer blockchain announced a partnership with the Municipality of Lugano, Switzerland. The Foundation also launched “a $1 million grant fund to support Lugano-based startups in their endeavors to enhance, promote… Read More

September 19, 2023 @ 8:15 am By Omar Faridi  |  

Gatehouse Bank, the Shariah-compliant challenger bank, has released new research demonstrating that the UK’s money mindset is shifting towards saving. The research looked at UK adults’ attitudes towards money, “assessing the key factors that influence them, why they look to save or spend their money… Read More

September 18, 2023 @ 11:19 pm By Omar Faridi  |  

In Q2 2023, UK private equity (PE) deal value “increased 13.2% quarter-over-quarter (QoQ) while the estimated deal count increased for the fourth straight quarter, signalling the start of a potential recovery in UK dealmaking,” according to an update from Pitchbook. Pitchbook noted that “in light… Read More

September 18, 2023 @ 10:11 pm By Omar Faridi  |  

Despite a challenging economic environment, 101 new businesses were created every hour across the UK in the first half of 2023, according to research by iwoca, one of Europe’s small business lenders. Analysis of Companies House data reveals “that over 436,000 businesses were registered in… Read More

September 18, 2023 @ 11:52 am By Omar Faridi  |  

The unstable financial markets in the United States during the past few years have people keeping a wary eye on their retirement accounts and, increasingly, they are doing so via mobile apps, the team at J.D. Power notes. According to the J.D. Power 2023 U.S…. Read More

September 18, 2023 @ 8:45 am By Omar Faridi  |  

The scams deluge that flourished during the COVID-19 pandemic and proliferates yet today has heightened the public’s fraud anxiety. Rampant fraud is also “reshaping individuals’ expectations about organizations’ obligations to protect them – and the compromises they are willing to make to enhance security” –… Read More

September 17, 2023 @ 6:12 pm By Omar Faridi  |  

BNY Mellon (NYSE: BK), in collaboration with Datos Insights, released a report examining the ongoing growth of real-time payments as a result of increasing demand from consumers for faster payment options. The report finds that a focus on faster payment rails “represents a significant market… Read More

September 16, 2023 @ 4:51 pm By Omar Faridi  |  

Riskified (NYSE:RSKD), a firm focused on ecommerce fraud and risk intelligence, published “Policy Abuse and Its Impact on Merchants: Global Benchmarks 2023,” revealing how consumer misuse of refunds, returns, and promotional programs, “alongside resellers, is forcing retailers and other merchants to strike a difficult balance… Read More

September 15, 2023 @ 9:33 am By Omar Faridi  |  

Forge Global has shared the latest Private Market Update with CI. The report, prepared by global private securities marketplace, Forge Global (NYSE: FRGE), includes key insights based on the most current developments. The Forge Private Market Index, which tracks the most liquid private companies on… Read More

September 14, 2023 @ 4:22 pm By Omar Faridi  |  

Over the summer, the number of monthly visits to the most popular European continental P2P platforms grew by 22.5%, according to an update shared by UnaFinancial (formerly doing business as Robo.cash). The analysis of monthly traffic by UnaFinancial of the websites of leading European P2P… Read More

September 14, 2023 @ 8:10 am By Omar Faridi  |  

Visa (NYSE: V) revealed findings from the seventh edition of its Global Back to Business Study, which found that a majority of surveyed small and micro businesses (SMBs) plan to prioritize cross-border sales as they look to scale beyond Main Street and High Street to… Read More

September 13, 2023 @ 4:57 pm By Omar Faridi  |  

Checkout.com, the global payments provider, releases its latest research on the disparities in payment performance in the digital economy. The ‘High-Performance Payments: The hidden billion-dollar opportunity’ whitepaper, supported by research from Oxford Economics, finds “that US businesses lose, on average, 2.1% of global revenues due… Read More

September 12, 2023 @ 1:50 pm By Omar Faridi  |  

Visa Inc. (NYSE:V), which claims to be world leader in digital payments, released the Fall 2023 edition of its Biannual Threats Report which “highlights emerging fraud schemes targeting the global economy.” This edition showcases “a significant rise of phishing schemes proliferated through generative AI tools,… Read More

September 12, 2023 @ 12:53 pm By JD Alois  |  

Financial research factor S&P Global Market Intelligence has distributed a report on Fintech, pointing at real time payments as an opportunity that is experiencing choppy adoption depending on the jurisdiction. S&P says that the rollout of FedNow, the US government’s effort to power instant payments… Read More