Tagged: Research Study

February 6, 2025 @ 9:09 pm By Omar Faridi  |  

Singapore’s banking industry is facing an “unprecedented” challenge as the number of clients abandoning banks due to “slow and inefficient onboarding practices” has surged to record levels, according to research from Fenergo, a global firm focused on client lifecycle management (CLM), Know your Customer (KYC)… Read More

February 1, 2025 @ 8:43 am By Omar Faridi  |  

PitchBook‘s research report highlights the improving investor sentiment towards retail fintech companies, with public digital banks and neobrokers outperforming the broader market in Q4. According to the report from PitchBook, this trend is driven by retail fintech companies achieving profitability alongside sustained growth, reflecting improved… Read More

January 23, 2025 @ 3:22 pm By Omar Faridi  |  

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money Laundering (AML), transaction monitoring and Client Lifecycle Management (CLM), has released its analysis of global financial institution enforcement actions from Jan 1, 2024, to Dec 31, 2024. Fenergo’s report reveals critical insights into the… Read More

January 21, 2025 @ 8:21 am By Omar Faridi  |  

The number of UK sectors reporting falling output rose to 11 in December 2024, up from eight in November, and the highest number since September 2023, according to data from the latest Lloyds UK Sector Tracker. The number of sectors with growing demand was “one… Read More

January 15, 2025 @ 4:49 pm By Omar Faridi  |  

The CommBank Household Spending Insights (HSI) Index fell by 1.8 per cent in December 2024 after a “strong” Black Friday sales spending boost in November of last year. As noted in the latest report from Australia‘s CommBank, the fall was driven by an “8.3 percent… Read More

January 15, 2025 @ 12:05 pm By Omar Faridi  |  

The North East and London were once again the two “standout performers” in terms of regional business activity growth in December, according to the latest NatWest UK Regional Growth Tracker. Higher business activity was recorded in “three of the 12 nations and regions in December.”… Read More

January 8, 2025 @ 7:41 pm By Omar Faridi  |  

From AI’s banner year to an 8-year low in global dealmaking, CBInsights examines and breaks down key changes in the venture landscape using their data. CBInsights noted that AI has reshaped the venture landscape, capturing a record “share of funding (37%) and deals (17%) in… Read More

January 2, 2025 @ 4:53 pm By Omar Faridi  |  

The initial public offering (IPO) market in the Asia-Pacific (APAC) region has demonstrated resilience in 2024, with a “sustained” upward trajectory despite a “high inflationary environment” and geopolitical tensions. This, according to a new research report. The APAC market witnessed a significant rise in IPO… Read More

December 29, 2024 @ 6:14 pm By Omar Faridi  |  

The US-based startup ecosystem witnessed announcements of a total of 4,463 venture capital (VC) deals during the period from Jan to Nov 2024 with a disclosed funding value of $125 billion, marking a considerable YoY improvement in total funding value despite a “decline in the… Read More

December 26, 2024 @ 8:07 am By Omar Faridi  |  

A survey conducted by Chargebacks911, the chargeback tech provider, revealed that on average, a significant 45% or nearly half of all chargebacks filed against merchants stem from misuse or outright abuse—a practice commonly referred to as “friendly fraud.” Major card networks like Visa and Mastercard… Read More

December 22, 2024 @ 5:11 pm By Omar Faridi  |  

New investment inquiries from institutional investors rise 100% in the wake of Trump effect and Bitcoin approaching $110,000 price threshold. This, according to an update from Nickel Digital Asset Management. Research from earlier this year revealed that only 20% of institutional investors “expected the $100,000… Read More

December 21, 2024 @ 3:11 pm By Omar Faridi  |  

Bank of Ireland clients reportedly spent more in 2024 on Black Friday to Cyber Monday weekend, up a substantial 4.7% on the past year, while spending by Bank of Ireland customers for the month of November 2024 was up as well by a significant 5.6%… Read More

December 17, 2024 @ 11:17 am By Omar Faridi  |  

Dark web threads discussing crypto-drainers – malware designed to drain cryptocurrency wallets – saw a rise in 2024, as revealed by the Kaspersky Security Bulletin. Kaspersky reported a “40% spike” in corporate database ads on a prominent dark web forum, highlighting cybercriminals’ “growing focus on… Read More

December 16, 2024 @ 5:16 pm By Omar Faridi  |  

Bitcoin (BTC), coined as “Magic Internet Money” is perhaps a “legitimate” investment asset alongside traditional assets such as stocks, commodities, and bonds. This, according to an update from CoinGecko. CoinGecko noted in its latest research report that from its returns over 10 years, Bitcoin (BTC)… Read More

December 12, 2024 @ 7:51 am By Omar Faridi  |  

The most common last-minute spenders during the festive period based on 2023 spending data were 36-45 males, according to an update from the Bank of Ireland. This may not come as a surprise due to the general increase in consumer spending seen during the end… Read More

December 11, 2024 @ 1:39 pm By Omar Faridi  |  

Consensys shared the findings of its opinion survey on crypto and web3, conducted online by online research data and analytics technology group YouGov. As a follow-up to the report from 2023, Consensys expanded the scope of the survey, reaching over 18,000 individuals aged 18-65. With… Read More

December 7, 2024 @ 2:16 pm By Omar Faridi  |  

Betterment at Work, a provider of modern, scalable 401(k)s for growing businesses, released the fourth installment of its annual survey on the state of retirement readiness and financial benefits across the U.S. workforce. Betterment’s 2024 Retirement Readiness Report, which examines data from 1,000 full-time U.S…. Read More

December 5, 2024 @ 7:25 pm By Omar Faridi  |  

The pressure is on for companies to turn AI investment into impact, according to PwC’s 2024 Global Investor Survey. The majority or 73% of investors say companies should “deploy AI solutions at scale, as overwhelmingly 66% expect the companies they invest in to deliver productivity… Read More

December 5, 2024 @ 5:06 pm By Omar Faridi  |  

Australian companies’ use of AI in their finance functions is growing steadily – and the Return on Investment (ROI) on AI is exceeding, or at least meeting, expectations, a KPMG International study has found. And a quarter or 25% of Australian and overseas organizations are… Read More

December 3, 2024 @ 8:09 am By Omar Faridi  |  

Millennials are primed to lead holiday spending as nearly two in three now expect their income will increase in the coming ear. TransUnion’s Q4 2024 Consumer Pulse research study reveals that consumers still most interested in doing their holiday shopping “between Thanksgiving and Cyber Monday.”… Read More