Tagged: survey

Experienced European P2P Investors Choose Liquidity on Secondary Markets, Robo.Cash Reveals

Croatian peer-to-peer lender Robo.cash notes that 62% of European P2P investors “support the opportunity” of purchasing loans via the secondary market. The increasing demand for this option is mainly driven by experienced clients with adequate funding, the Robo.cash team writes in a blog post. During… Read More

Survey by Fintech Kabbage, an American Express Co., Reveals Small Businesses’ Average Total Sales Reached 80% of Pre-COVID Levels

Small businesses’ average total sales reached 80% of pre-COVID levels, according to a recent Kabbage Survey. COVID-19 vaccination rates among small business owners have outpaced the US national average while issues with recruitment and reopening protocols “persist,” the Kabbage team noted earlier this month. Kabbage,… Read More

Crypto Survey Reveals that 67% of Singapore Investors who Own Personal Investment Products Now Hold Digital Assets

The team at digital asset firm Gemini has released their Singapore market report, which reveals that the COVID-19 crisis led to two-thirds of investors in the Southeast Asian country to increase their cryptocurrency holdings. As noted by Gemini: “Today (August 14, 2021), we are excited… Read More

Robo.cash Survey Reveals that Nearly 80% of European Investors Now Use Digital Tools to Track Spending

Nearly 80% of European investors now use digital tools to keep track of their expenses, according to an update from Croatian peer-to-peer lender Robo.cash. Robo.cash notes in a blog post that 78.9% of investors have been monitoring their spending or transactions via an app or… Read More

Open Banking Survey Reveals that Most Americans Want Greater Control Over their Financial Data

A survey by API Management firm Axway (Euronext: AXW.PA) reveals that half of Americans have “never heard” of the term “Open Banking,” however, 84% agree with its “central tenet” that they should have “control of their financial data.” As mentioned in an update shared with… Read More

Employer Payments Platform Branch Shares Latest Updates on Financial Status of Hourly Wage Earners

Branch, which assists businesses with streamlining payments to empower working US residents, has shared findings from its third annual Branch Report, which has examined the financial, work, and lifestyle interests of today’s hourly workers. As noted in an update shared with CI: “In surveying over… Read More

Fidelity Digital Assets Survey Reveals Growing Number of Institutions Plan to Gain Exposure to Crypto-Assets

Seven in 10 institutional investors are now expecting to purchase or invest in digital assets in the future, and over 90% of those interested in these financial instruments expect to have an allocation in their institution’s or clients’ portfolios “within the next five years.” This,… Read More

Croatia’s P2P Lender Robo.cash Survey Reveals that Investing as an “Expense” Doubled Since 2019

Digital investment platform Robo.cash reveals that it performed a survey in order to examine the most common spending habits or patterns among consumers. According to an update from Robo.cash, the “overwhelming” majority of European investors plan to include summer vacation as a major part of… Read More

Pay Over Time Service Provider Affirm Reveals when Consumers May Prefer to Use BNPL Options

“Have it your way” was the slogan that fast food joint Burger King adopted back in 1974 as a way to try to stand out or differentiate themselves from competitors while capitalizing on the “appeal of personalization,” the Affirm team writes in a blog post…. Read More

Real-time Payments Becoming Widely Adopted across Southeast Asia, with Consumers Preferring Digital Transactions: Survey

Real-time payments are becoming increasingly common as cash as a payment solution or method for consumers in Southeast Asia, according to research from ACI Worldwide (NASDAQ: ACIW) and YouGov. Three out of five or around 60% of consumers residing in Indonesia, Malaysia, Thailand and Singapore… Read More

True Cost of Financial Crime Compliance Global Report Reveals that Costs Reached $213.9 Billion in 2021

LexisNexis Risk Solutions, a global data and analytics firm, has published its annual True Cost of Financial Crime Compliance Global Report. The results shared in the new report have been prepared after conducting an extensive survey of 1,015 financial crime compliance decision-makers at established financial… Read More

Digital Asset Hedge Funds Surge from $2B in 2019 to $3.8B in 2020, with 184% Increase in Median Performance: Report

During 2020, crypto-asset hedge funds almost doubled to reach an all-time record as the nascent industry continued to deliver a solid overall performance. As part of the recent Bitcoin (BTC), Ethereum (ETH), and wider digital currency market bull run, total assets under management (AUM) of… Read More

80% of Gig Workers Want Greater Flexibility when Getting Paid, Over 70% Want Payments within Same Day: Report

The team at Branch and Marqeta have a released a Gig Payment Report which covers work and payments in the modern gig economy. The gig economy is transforming the “precedent for work and payments,” the report from Branch and Marqeta reveals. It also mentions that… Read More

Significant Number of US, UK Consumers Now Own Bitcoin, Bitcoin Cash, Ethereum, DogeCoin, Litecoin: Survey

Cryptocurrency ownership is on the rise across the globe and in a recent survey of nearly 3000 US adults, Bitcoin remains the “overwhelming” favorite among the scores of virtual currencies that are currently available. According to data from TradingPlatforms.com, shared with Ci, 80.7% of US… Read More

BNPL Fintech Affirm Reveals Consumer Behavior, Shopping Trends, and Preferences for Pay Over Time Options

Many shoppers prefer using Buy Now, Pay Later (BNPL) services because of the flexibility they offer. Consumers are able to pay for items over an extended period of time, with or without having to pay interest. However, a common BNPL format has started gaining a… Read More

Financial Planning: TransUnion Survey Reveals Hong Kong Residents are Facing Financial Pressure due to COVID

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

UK FCA Shares Plans for New Consumer Duty, Will Aim to Offer Greater Consumer Protection for Retail Financial Markets

The UK’s Financial Conduct Authority (FCA) has shared plans for a new Consumer Duty, which will aim to provide a greater level of consumer protection for retail financial markets for companies to follow. UK companies are currently required to adhere to FCA guidelines and various… Read More

BNPL Fintech Clearpay Research Reveals UK Millennials, Gen Z More Financial Savvy than Older Consumers

Research from Buy Now Pay Later (BNPL) service provider, Clearpay, reveals that Gen Z and Millennials may have been hit the hardest by the COVID-19 crisis, however, they’re the most financially savvy generation in the United Kingdom. Around 68% of Gen Z and 61% of… Read More

Digital Transformation: 68% of Singapore Consumers Prefer All-Digital Channels when Engaging with their Bank during Financial Hardship

During the past year, firms have been focused on accelerating their digital transformation strategies in order to maintain operations in a post-COVID environment. Their investments in digital technology have been essential to retaining business and clients. Companies now require the tools to conduct business remotely,… Read More

UK’s ClearBank Reports that European Fintech Firms Consider Banks to be Key Partners in Ensuring Regulatory Compliance

ClearBank, the UK’s first “new clearing bank” in over 250 years which aims to bring open competition and transparency to the nation’s financial services sector, has published a report covering the working relationships between banks and Fintechs. The report is titled, How Well are Fintechs… Read More

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