Tagged: survey report

September 7, 2021 @ 7:38 am By Omar Faridi  |  

Ecommpay, an established payments service provider and card acquirer, recently shared updated data in its whitepaper, “Beyond the pandemic: The outlook for Open Banking.” Important findings highlighted in the whitepaper reveal that nearly half (48%) of consumers responding to a survey said they are a… Read More

May 31, 2021 @ 6:37 pm By Omar Faridi  |  

The COVID-19 pandemic has taken a heavy toll on Hong Kong residents’ financial situation with many people now worried about whether they’ll still be able to settle their bills, according to a recent TransUnion survey report. TransUnion’s Consumer Pulse study reveals that Hong Kong consumers’… Read More

April 29, 2021 @ 8:35 am By Omar Faridi  |  

Almost three-quarters or 75% of financial institutions have reported an increase in cybercrime activities since the Covid-19 outbreak (around February 2020), according to a survey released by BAE Systems. The survey of 902 banking institutions and insurance providers, based in the US and the UK,… Read More

January 30, 2021 @ 3:54 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange in terms of volume and scope of operations, recently revealed that a sudden rush of new users on its platform had put its systems under a lot of stress and overload, leading it to temporarily suspend withdrawals. Binance… Read More

December 14, 2020 @ 9:23 pm By Omar Faridi  |  

Four in five or 80% of Fintech companies in the ASEAN region are focused on expanding their operations following the COVID-19 outbreak. ASEAN member countries include Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Vietnam. A report from UOB, PwC… Read More

August 14, 2020 @ 5:56 pm By Omar Faridi  |  

Guided by the government’s Fintech focused development plan and innovation strategy, China is reportedly leading the charge when it comes to establishing financial technology businesses in the country. A recent survey of business Fintech usage, performed by CPA Australia, an established accounting firm, reveals that… Read More