363 articles tagged with this keyword
Company update/predictions
One in every two UK consumers is planning to ditch their credit card entirely for Christmas shopping this year, with two-thirds of credit card owners wanting to avoid paying credit card interest.
23 November 2021
News/predictions
Traditional banks could increase their annual revenues by nearly four per cent if they embrace the innovative business models used by digital-only players, according to an Accenture report.
10 November 2021
Research/Predictions
10 November 2021 1115 downloads
News/crypto
A full-scale, multiple central bank digital currency (mCBDC) network could potentially save global corporates up to $100 billion in transaction costs annually, according to a joint research report from Oliver Wyman and JPMorgan.
04 November 2021
News/payments
With new RBC analysis suggesting that the US buy now, pay later market is set for explosive growth, Visa says issuers, acquirers and fintechs are snapping up its instalment payments technology.
27 October 2021
Long read/Predictions
Madhvi Sonia Head of Content at Finextra
22 October 2021
European fintech funding rebounded from its pandemic lull in the first half of 2021, according to a Finch Capital report which nevertheless warns that the boom could stall again next year.
19 October 2021
Company update/devops
The API Ratings Agency (TARA), an industry-wide effort to create an advisory council for API monitoring standards, has named four members to its board.
15 October 2021
Analysts at Wells Fargo predict that over 100,000 banking jobs could be displaced by technology over the next five years.
04 October 2021
Visa is working on a 'universal payment channel' (UPC) that enables interoperability between different digital currencies such as CBDCs and private stablecoins.
30 September 2021
A prototype of multiple central bank digital currencies (mCBDCs) developed by the Bank for International Settlements and four central banks has demonstrated the potential of using digital currencies and distributed ledger technology (DLT) for cheaper and safer cross-border payments and settlements.
28 September 2021
Australian buy now, pay later platform Zip has invested $50 million in Indian BNPL firm ZestMoney, amid predictions that the subcontinent will emerge as the largest market in the world for credit-on-tap over the next five years.
23 September 2021
Global investment in fintech bounced back strongly in the first half of 2021, hitting $98 billion with a record number of deals, according to KPMG.
10 August 2021
Federal Reserve governor Christopher Waller is the latest central bank bigwig to pour cold water on CBDCs, declaring himself "highly sceptical" that there is a compelling need for a digital dollar.
06 August 2021
Fintech firms have been missing a trick by largely ignoring the fastest growing and wealthiest demographic - the over 50s, says VC QED Investors.
29 July 2021
News/regulation
As the Financial Conduct Authority gears up for a consultation on regulating the buy now, pay later market, the Coalition for a Digital Economy (Coadec) has set out its proposal for a "robust and proportionate" framework.
26 July 2021
78% of small and medium-sized enterprises (SMEs) call for digital transformation of banking to be balanced with a human element, finds new research conducted by Cynergy Bank.
07 July 2021
Company update/payments
A new study by Juniper Research has found that smart POS terminals globally in service, where analytics and loyalty can be integrated directly to the terminal, will increase from 13.7 million in 2021, to 35 million units in 2026.
06 July 2021
The Federal Reserve's supervision chief has become the latest central bank bigwig to weigh in on CBDCs, comparing them to the parachute pants made famous in the 1980s by MC Hammer - a fad that could in future seem embarrassing.
30 June 2021
Analysis from global consultancy partnership Kearney has found that retail banks will need to reduce costs by €35-€45 billion (£25-£32 billion) within the next 3 to 5 years to regain profitability.
10 June 2021
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