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Latest Results from /predictions

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CBI launches campaign to get UK businesses to embrace fintech

Confederation of British Industry (CBI) president Lord Bilimoria has launched a campaign to get more businesses using fintech to fuel growth.

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Retail banks must embrace data-centric capabilities to see off fintech challenge - report

As fintech upstarts snap at their heels, retail bank executives are concerned that they are lagging in their ability to offer true omnichannel and personalised experiences, according to a report from Capgemini and Efma.

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Apple Pay most popular payments app with US teens

Apple Pay is the most popular payments app among American teens although the vast majority still regularly use cash, according to a survey.

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E-krona could be integrated into banks' existing systems - Riksbank

It should be possible to integrate an e-krona into banks’ and payment service providers’ own existing systems, Sweden's central bank has concluded following CBDC research.

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Metaverse economy could hit $13 trillion by 2030 - Citi

The Metaverse economy could be wort up to $13 trillion by 2030 while what counts as money in this next generation of the internet will look very different from today, according to a new report from Citi.

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Apple looks to bring payment processing in-house - Bloomberg

Apple is working to bring a host of financial services work, including payments processing, in-house to reduce its reliance on outside fintech partners, according to Bloomberg.

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Visa launches NFT programme

Visa has launched a programme to help digital-first artists grow their businesses through non-fungible tokens.

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Bank of Canada partners MIT on CBDC research

The Bank of Canada has teamed up with the Massachusetts Institute of Technology on a twelve-month research project on central bank digital currencies.

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Amex files metaverse-related trademark applications

American Express has filed trademark applications to register its name, logo, and slogans for a range of banking services in the metaverse.

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Deutsche Bank report warns of fallout from Russia's Swift ban

Facing criticism for its reluctance to pull out of Russia, Deutsche Bank has published a research report warning that banning the pariah state from Swift will "complicate trade and amplify jitters".

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Big Data, DLT, IoT and AI set to transform trade supply chains - Commerzbank

Commerzbank claims that international trade and supply chains have reached a technological inflection point, with emerging technologies in Big data, blockchain, Internet of Things and artifical intelligence set to overturn long-established practices.

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Starling pulls Facebook advertising; preps SaaS offering

Starling CEO Anne Boden says the bank has pulled all paid advertising on Facebook and Instagram until Meta tackles fraudsters advertising on its platforms. In her annual letter, Boden also confirms the planned launch of a Software as a Service (SaaS) proposition during 2022.