Competition to serve the financial needs of small and medium-sized enterprises (SMEs) is growing, resulting in a variety of products designed to make business easier for SMEs. This includes specialized …
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Goldman Sachs Survey Highlights Family Office Move Toward Crypto Investments
According to a recent Goldman Sachs survey, nearly half of family office clients have an interest in cryptocurrency investments. Moreover, an even larger portion of these clients are making inquiries …
Read More »More Than Half the World’s Population to Use Mobile Wallets by 2025
The biggest report ever published about mobile wallets (the Mobile Wallets Report, published by Boku) is projecting that nearly 60% of the world’s population will be mobile wallet users by …
Read More »Smart POS Terminal Usage to Increase Over the Next 5 Years
A new study by Juniper Research has found that smart POS terminals (those in which analytics and loyalty can be integrated directly to the terminal) are predicted to increase from …
Read More »Survey: Financial Institutions Seeing the Benefits of Open Banking
Finstra recently conducted a survey of 785 professionals working at global financial institutions. The results of this survey indicate that most such organizations are already seeing benefits from open banking …
Read More »The Case for Payment Data Monetization
The case for payment data monetization has never been stronger than it is today. At the same time, progress is still somewhat limited due to a combination of budgetary and …
Read More »FinTechs Racing to Adopt Biometric Solutions for Remote KYC Processes
As the younger generations’ comfort with technology begins to drive market realities and set expectations of what is (or at least should be) possible, it seems inevitable that mobile device-based …
Read More »Buy-Now-Pay-Later Spending Expected to Surge to USD 995 Billion in 2026
According to a recent report published by Juniper Research, payments sent through by-now-pay-later (BNPL) payment options is expected to jump dramatically over the next 5 years, reaching an estimated USD …
Read More »Will Robots Replace Human Financial Advisors? (Video)
Robo-advisors have seen a drastic rise in popularity since their debut more than 10 years ago. Today, robo-advisors manage USD 460 billion worth of assets, with some analysts predicting this …
Read More »How Challengers Banks Changed Retail Banking
Challenger banks have gained traction over the past few years by developing streamlined, digital-first retail banking services such as checking and savings accounts, loans, insurance and credit cards. Challenger banks, …
Read More »The Ongoing Payment Revolution
The financial services industry is in the midst of a significant transformation, with much of this push for change being driven by consumers’ demand for more convenient payment solutions. While …
Read More »Lack of Knowledge the Main Barrier to Cryptocurrency Adoption
The Economist Intelligence Unit recently published the Digimentality 2021 report, a study of complications associated with cryptocurrencies. The study was commissioned by Crypto.com and contains a survey of 3,053 people …
Read More »Joint SWIFT/Accenture Paper Explores What CBDCs Mean for Payments
A new joint paper from SWIFT and Accenture looks at the opportunities and challenges of central bank digital currencies (CBDCs). In particular, the paper examines CBDCs as a vehicle for …
Read More »Bison Trails Report Highlights Global Move Toward CBDCs
The potential launch of private cryptocurrencies has served to motivate central banks around the world to develop their own central bank digital currencies (CBDCs). In fact, a recent report from …
Read More »Using Fintech to Power Transformation and Inclusion
Moving past the pandemic, it’s time to focus on building a brighter tomorrow…and fintech has a place to play transforming marketplaces and bridging financial gaps. Let’s examine this idea further …
Read More »Gartner Identifies Top 10 Government Technology Trends for 2021
Gartner Inc. has identified the top 10 government technology trends for 2021 that have the potential to accelerate digital innovation and optimize or transform public services, especially in the wake …
Read More »FinTech Apps Outperform Traditional Finance Apps Amid Pandemic
According to a new report commissioned by the app marketing platform Liftoff and published by the mobile analytics platform App Annie, economic uncertainty surrounding the COVID-19 pandemic has spurred a …
Read More »Raiffeisenbank Releases FinTech Forecasts 2025 Report
Raiffeisenbank’s Center for Technological Innovation has prepared their FinTech Forecasts 2025 report, outlining what they believe will be the major FinTech developments in the Russian market over the next 4 …
Read More »The Value of AI in Banking
Financial institutions aiming to compete in global and regional markets need a well-rounded artificial intelligence (AI)-and-analytics capability stack comprised of 4 main layers: (1) reimagined engagement processes, (2) AI-powered decision-making, …
Read More »(Video) What in the World Are NFTs?
Investors have been spending millions on digital collectibles, using non-fungible tokens (NFTs) to prove ownership of these digital assets. But what exactly are NFTs and how do they work? Let’s …
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