Research/analysis

1339 articles tagged with this keyword

/payments

More than a quarter of Brits using BNPL - FCA

As new research shows that more than a quarter of Brits have used BNPL in a six-month period, the FCA has agreed deals with two firms - PayPal and QVC - to make their contract terms easier to understand.

/payments

Aussie university pilot offline CBDC

Students at Australia's Southern Cross University have been piloting the use of a CBDC to pay for goods and services offline at on-campus vendors.

/sustainable

Greenly launches climate rating system to ensure decarbonisation transparency

Carbon accounting platform Greenly has launched a climate rating system to monitor decarbonisation in companies.

/inclusion

GoHenry urges UK government to make financial education mandatory in schools

Children’s financial education app and prepaid debit card company, GoHenry, is campaigning for the UK government to make financial education compulsory in primary schools.

/sustainable

SEB draws attention to carbon removal market and nature-related risk

Sustainable finance is a swiftly growing industry, with new innovations arising rapidly from all over the world. In conversation with an author of SEB’s Green Bond Report, Finextra considered the latest advancements in the sustainability sector leading up to our annual Sustainable Finance Live conference.

/retail

International students using fintech to receive foreign money transfers - Revolut

Revolut reports that it has seen a large increase in the number of 18 to 24 year old users receiving money from abroad.

/startups

Irish fintechs bemoan lack of state support

Innovation within Ireland's banking sector has been hindered by a lack of government funding, claims a newly published report.

/payments

Half of UK payments made using debit cards in 2022 – UK Finance

UK Finance’s Payments Markets Report shows that during 2022, 50% of all payments in the UK were made using debit cards.

/sustainable

UK banks ditch the Metaverse

The number of UK banks investing in technologies such as virtual reality and augmented reality is falling as the Metaverse hype fades away.

/retail

European fintech funding drops as investment discipline returns

European fintech funding plummeted in the first half of 2023 as the sector faced up to the return of investment discipline which has triggered a fight for profitability to survive, says a Finch Capital report.

/crime

Germany faces €206 billion in cybercrime and digital theft costs - Bitkom

Losses resulting from stolen IT equipment and data, as well as digital and industrial espionage will cost Germany €206 billion in 2023, reveals a survey conducted by digital association Bitkom.

/startups

African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.

/devops

Global CBDC adoption is on the horizon – Giesecke + Devrient

Digital payments innovation in different regions of the world is being spurred on by Central Bank Digital Currency (CBDC) adoption, as nations experiment with new payments options that can be more inclusive and dynamic. 130 countries are currently exploring the possibilities with CBDC adoption, which allows for digital money to be supported and used publicly alongside cash whilst supported by the nation’s central bank.

/inclusion

Digital Dollar Project and Western Union pilot CBDC for cross-border remittances

The Digital Dollar Project says a pilot carried out with Western Union into the use of CBDCs for cross-border remittances has found a host of potential benefits.

/crypto

Slovenia ranked as EU's most crypto-obsessed country

Slovenia has emerged as the most 'crypto-obsessed' state in Europe, according to recently published research.

/crypto

Canadian fintech investment plummets

Investment in Canadian fintech companies dropped three-fold in the first half of 2023 as valuations continued to slide to levels not seen since the beginning of the Covid-19 pandemic, driven primarily by macroeconomic concerns, according to KPMG.

/crypto

Survey suggests industry divided on CBDCs

The majority of finance professionals do not support the launch of central banking digital currencies (CBDCs) according to recently published research.

/crypto

CBDC benefits found in Digital Dollar Project’s pilot study

The Digital Dollar Project has concluded their pilot study into digital currency opportunities alongside Western Union, BDO Unibank in the Philippines, and Accenture.

/payments

Brazil's Pix used for more transactions than credit and debit cards combined

Brazil's Pix continues its runaway success, with more transactions made using the instant payments platform in the first quarter than credit and debit cards combined.

/crypto

NY Fed and banks upbeat on digital dollar pilot results

The Federal Reserve Bank of New York says that proof-of-concept run with a host of banks has demonstrated the feasibility of a regulated digital asset settlement platform supported by shared ledger technology.