Tagged: insights

Chainalysis Crypto Crime Update: China based CSAM and Cybercrime Networks On The Rise, Pig Butchering Scams Still Lucrative

Chainalysis has release the report entitled, 2024 Crypto Crime Mid-year Update Part 2: China-based CSAM and Cybercrime Networks On The Rise, Pig Butchering Scams Remain Lucrative. Key findings of the Chainalysis update: CSAM networks Reportings of China-based CSAM sites have increased since late 2023. A… Read More

Gen AI Adoption: UK Firms Need Clear AI Strategy and Must Focus on Business Performance – Research Study

Despite the promises of Gen AI, business leaders have significant concerns about its implications for business performance, according to new research from KPMG UK. Respondents cited the inaccuracy of results, “including hallucinations1, as the biggest concern when adopting Gen AI (60%).” Boards are also worried… Read More

Nearly a Third of UK Consumers Admit to Being “Retirement Overspenders” Due to Rising Cost of Living – PensionBee Research

A fifth of Brits (20%) over the age of 55 have consistently spent more than they’d expected to during their retirements so far, with an additional 11% expressing that this occurred early on in their retirement, according to new analysis by PensionBee. Daily living expenses… Read More

Consumers are Spending Considerable Time on Social Media Platforms for Crypto Related Activities – Report

4 in 5 consumes are spending the most time on X, Telegram and YouTube for crypto, according to an update from CoinGecko. The social media platforms most used for crypto “are X (formerly Twitter), Telegram and YouTube, which represented a combined 84.0% of the crypto… Read More

Institutional Investors Expected to “Allocate More” to Private Market in Coming Year – Investor Outlook Report

Preqin, the global firm focused on alternatives data and insights, recently released its Investor Outlook H2 2024 report. Their Investor Outlook report series occurs on a biannual basis and is based on surveys conducted in-house. Alternative investors’ responses provide exclusive insight “into their current sentiment… Read More

AI and Crypto related Carbon Emissions Are Surging and Tax Policy Could Help, New Study Claims

Carbon emissions from AI and crypto are surging and tax policy can help, according to an update shared by the International Monetary Fund (IMF). Crypto mining and data centers now account “for 2 percent of global electricity use and nearly 1 percent of global emissions,… Read More

Digital Assets Adoption: Majority of the Largest Buy-Side Institutions are Reportedly Engaging in Crypto

Talos’s Co-founder and CEO Anton Katz recently discussed key trends in the institutional adoption of digital assets and how his firm claims that it is positioned to support institutions in trading crypto and beyond. Here are a few takeaways from Anton Katz, which were shared… Read More

Digital Inclusion Strategy in Colombia Expected to Boost Financial Inclusion in LatAm Nation, Researchers Claim

Camilo Tellez-Merchan, Head of Digital Payments Innovation Hub, Better Than Cash Alliance, United Nations Capital Development Fund (UNCDF), and Gisela Davico, the Latin America & Caribbean Lead and Global Gender Lead, Better Than Cash Alliance have shared key insights that have released in a blog… Read More

Anticipating Fed Interest Rate Cuts, Consumers Reportedly Continue to Use Existing Credit, Gain Access to New Lines

Findings from the newly released Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE: TRU) reveal that as consumers continue to await interest rate relief in the form of rate cuts, credit products continue to serve to bridge the financial gaps that may… Read More

Automotive Lending Transformed by AI But Dealers Reportedly Have Concerns About Artificial Intelligence Leading to Job Loss, Lack of Human Interaction

Automotive lending has been quickly transformed by artificial intelligence (AI) with the promise of faster, more accurate and more cost-effective credit decisions and approval processes. Auto dealers are not exactly ready to embrace the new technology. According to the J.D. Power 2024 U.S. Dealer Financing… Read More

Small Businesses in Canada Finally Experience Positive Change – Research Report

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Global small business platform, Xero, released its quarterly Xero Small Business Insights (XSBI) report for Canada, based on data from January to March 2024. The update showed incremental “improvements for the sector across sales growth, late payments and time-to-paid metrics, a signal that Canada‘s small… Read More

Macro-Outlook Is Supportive for Digital Assets with a Growing Economy and Increasing Likelihood of Interest Rate Cuts Later in 2024 – Report

Bitstamp is presenting the latest insights from their June 2024 Lending Performance Report for Bitstamp Earn Lending. Whether you’re new to crypto lending or a seasoned expert, this update from Bitstamp reportedly offers valuable information “on the current lending landscape.” In collaboration with Tesseract, Bitstamp… Read More

Financial Transformation for Organizations Being Supported By Finance Teams Globally – Report

FloQast recently announced the results of its latest survey, Embracing Financial Transformation: What It Is, Why Organizations Should Want It, and How to Achieve It. The survey released by FloQast explores factors of “both awareness and understanding around the concept of financial transformation among accounting… Read More

Cybersecurity has Become a Paramount Concern for Organizations of All Sizes and Industries – Report

Nowadays, cybersecurity has become a paramount concern for organizations of all sizes and industries. As cyber threats continue to evolve in complexity and sophistication, businesses are increasingly turning “to cybersecurity vendors for innovative solutions to safeguard their sensitive data.” However, in the ever-changing world of… Read More

Central Bank of Ireland Deputy Governor Shares Perspective on Setting up EU AML Authority for Success

While sharing insights at the European Anti-Financial Crime Summit, Deputy Governor of the Central Bank of Ireland Derville Rowland said: “The commitment of European leaders to introduce a single rulebook for Anti-Money Laundering (AML) and the creation of a new European AML supervisory and financial… Read More

Poor Investment Governance May Cost Australia’s Asset Owners Significant Sums – Report

Poor investment governance could cost asset owners, and in turn their customers, significant sums – in the case of a super fund member as much as $500,000 over their working lives, a new report by KPMG Australia and Frontier Advisors finds. A survey of institutional… Read More

Funding for Pre-Seed Firms Reportedly Stayed Robust in Q1 2024, Dominated by SAFEs and Convertible Notes

Carta has released its latest report, titled, State of Pre-Seed: Q1 2024. Carta notes in the research report that fundraising for pre-seed companies “stayed robust in Q1 2024, dominated by SAFEs and convertible notes; valuation caps remained flat.” While commenting on the actual definition/criteria for… Read More

Bitcoin Halving Followed By Biggest Day for Miner Revenue in the History of BTC – Report

Bitcoin’s fixed and programmatic supply function is on display as Bitcoin experienced its fourth halving last Friday evening, the team at NYDIG noted. As noted in the report from NYDIG, fees jump following the Bitcoin halving event, albeit temporarily, as Runes “makes its debut, breaking… Read More

Digital Currency Adoption: Number of Crypto Tokens Rising Rapidly But Few May Provide Real Value – Report

There are over 2.52 million cryptocurrencies in 2024 to date, according to an update from CoinGeck0. This is 5.7 times more than the 0.44 million cryptocurrencies around “at the end of 2021.” The CoinGecko report further noted that the number of cryptocurrencies “first broke into… Read More

Small Businesses in Australia Reportedly Keeping Up with Big Business In Terms of Labor Productivity

Xero, the global small business platform, today released a Xero Small Business Insights (XSBI) special report which shows Australian small business labor productivity is keeping pace with national productivity growth, but remains below pre-pandemic levels. The report, Small business productivity: Trends, implications and strategies, is… Read More

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