Tag Archive | financial services

AI and Fintech Growing Influence on Financial Data in 2019

AI and Fintech Growing Influence on Financial Data in 2019

“From the $300 million spent in 2018 on alternative data to pre-trade transparency to indexing to real-time market data, 2019 will see a hyper-focus on gathering more of the right data, storing it in new ways, analyzing it via machine learning and AI, and acting upon it more systematically than ever before.”

via Greenwich Associates

Online Payment Fraud will Reach $48 Billion by 2023

Online Payment Fraud will Reach $48 Billion by 2023

According to the latest worldwide market study by Juniper Research, annual online payment fraud losses from eCommerce, airline ticketing, money transfer and banking services will reach $48 billion by 2023 — that’s up from the $22 billion in losses projected for 2018.

via Digital Lifescapes

U.S. Banking Investment in Fintech Start-Ups

U.S. Banking Investment in Fintech Start-Ups

U.S. financial services firms are actively investing in fintech startups. In 2018 (YTD 11/21), the top 11 U.S. banks by assets participated in a total of 49 equity rounds to fintech startups. This compares to 19 in 2017 and 33 in 2016.

via CB Insights

The Top Fintech Startups of 2018

The Top Fintech Startups of 2018

The financial services industry is being transformed by insurgent startups. From capital markets to insurance and digital banking to wealth management, the Fintech 250 are among the most promising of these companies globally.

via CB Insights

How Fintech Disrupts Retail And Commercial Banks

How Fintech Disrupts Retail And Commercial Banks

“Variations on the digital challenger bank model championed in Europe are spreading globally with new entrants targeting niche customer pain points. Collectively this year, startups in our market map have raised over $1.7B in venture capital.”

via CB Insights

Regtech Revenue will Reach $115 Billion in 2023

Regtech Revenue will Reach $115 Billion in 2023

The appeal of Regtech is that financial institutions can utilize new and disruptive technologies, such as Artificial Intelligence (AI), Big Data analytics, biometrics, blockchain or chatbots to reduce their overall spending on compliance by unlocking more efficient practices.

via Digital Lifescapes

Annual Fintech Rankings: Top 100 and Enterprise 25

Annual Fintech Rankings: Top 100 and Enterprise 25

FIS and IBM top the 2018 IDC FinTech Rankings Top 100 and Enterprise 25 respectively. Now in its 15th year, the annual IDC FinTech Rankings categorize and evaluate technology providers based on calendar year revenues from financial institutions for hardware, software, and/or services.

via IDC