Research/analysis

1340 articles tagged with this keyword

/Research/analysis

Digital payments crucial to economic growth - World Bank report

Governments should step up efforts to boost the use of digital payments in developing countries to increase financial inclusion, empower women and spur economic growth, according to a World Bank report.

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Americans embrace mobile banking but the branch makes comeback

The Internet continues to be America's most popular banking channel but is losing ground to mobile, ATMs and even branches, according to an ABA survey.

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VCs join fintech gold rush

There has been a surge in venture funding for fintech firms over the last six months, culminating in a number of big bets in July, according to data from CrunchBase.

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Many Brits still not banking online - ONS stats

Little more than half of Brits have used Internet banking in the last three months, according to data from the Office of National Statistics (ONS).

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Osborne looks to virtual currencies in bid to make UK world fintech capital

The UK government is setting up a review into the potential of virtual currencies, and whether they should be regulated, as part of a wider push to make the country the fintech capital of the world.

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Boosting customer experience is top IT priority for UK and Ireland FS firms

Improving customer experience has overtaken cost-cutting as the main priority for IT decision makers at British and Irish financial services firms, according to a survey commissioned by Fujitsu.

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Saga generation less wedded to cash than under 50s

Brits under 50 use cash for a greater proportion of their transactions than those over 50, according to a survey commissioned by Saga.

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Brits lukewarm on digital-only banks as branch visits increase

More than half of Brits visit a branch at least once a month and only a quarter would consider using a purely digital bank, according to a survey from Accenture.

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Technology threatens European banking model

European retail banks need to radically overhaul their technology infrastructure if they are to face off the competitive threats to their business from a host of new startups, says consultancy Deloitte.

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Ditch legal tender to unleash bitcoin - think tank

The concept of legal tender should be abolished and private money should enjoy a level playing field that enables the likes of bitcoin to compete with state-backed currencies, a new think tank report suggests.

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Half of UK payments still in cash

Cash usage may be on the slide but notes and coins are still the UK's most commonly used buying tool, accounting for more than half of all payments last year, according to new figures.

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UK card spending tops £0.5 trillion in 2013

UK card spending has more than doubled over the last decade, topping half a trillion pounds last year, according to industry figures.

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Bitcoin to have 'profound' impact on trust-based markets - Wedbush analysts

Bitcoin may currently be going through an "adoption chasm" but the crypto-currency will have a profound societal effect, shaking up payments markets and other industries over the next few years, analysts from Wedbush Securities have predicted.

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Young North Americans willing to go branchless

Nearly four in 10 young North Americans would be happy to consider switching to a purely digital bank that has no branch network, a survey from Accenture shows.

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Bitcoin not a threat to banking system...yet

Bitcoin is still more of a curiosity than a threat to the banking system but in the long term the crypto-currency could have a pronounced impact on payments, according to a group of advisers to the US Federal Reserve.

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New York to step up assessment of bank cyber-security plans

New York's banks will face new cybersecurity assessments carried out by the Department of Financial Services (DFS), under plans unveiled by Governor Andrew Cuomo.

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Security worries could hamper take-up of Paym P2P m-payments

Nearly half of Brits have no intention of using the bank-backed Paym person-to-person mobile payments service, which launches tomorrow, according to a survey from Consumer Intelligence.

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Americans switch from cheques to cards - Fed

Card payments have soared in popularity in the US over the last 10 years and now account for more than two thirds of all non-cash payments, according to Federal Reserve figures.

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HFT is harmful, say US market participants

More than two thirds of US financial industry participants think that the equity markets are not fair and half consider high-frequency trading harmful, according to a survey from ConvergEx Group.

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Lack of awareness stalling m-banking take-up

A lack of customer awareness could be hindering uptake of mobile banking services around the world, a new survey from BuzzCity suggests.