Tag Archive | FinTech

Digital Trust: The Value of Data

digital trust market research

Equifax, a U.S. based consumer credit reporting agency that collects and aggregates information on over 800 million individual consumers and more than 88 million businesses worldwide, suffered a data breach of 143 million users. As a result, they’re facing a class action lawsuit of up to $70 billion.

Source: World Economic Forum

Cognitive Systems Global Market Opportunity in Banking

cognitive systems market research

“Cognitive systems with high-definition technology can help in determining the world’s most composite data analysis difficulties by entering into the complexity of exploiting the power of big data, machine learning, natural language processing, and automated reasoning technology.”

Source: FMI

Cryptocurrency Daily Trading Now Exceeds $2 Billion

blockchain cryptocurrency market research

A new worldwide market study by Juniper Research has found that the value of cryptocurrency transactions is expected to surpass $1 trillion in 2017 — that’s more than 15 times the level in 2016.

Source: Digital Lifescapes

U.S. Proximity Mobile Payments will Reach $49.29 Billion

mobile payments market research

eMarketer estimates the value of U.S. proximity mobile payment transactions will total $49.29 billion in 2017 — that’s up 78.1% from last year. Though the growth rate will remain in double digits through the forecast period, it will slow down to 23.9% in 2021.

Source: eMarketer

Digital Payment and Banking Card Market is Evolving

banking fintech market research

All eyes are now firmly fixed on the U.S., China, and India, driven by an expectation that over 56 percent of all EMV cards issued globally in 2017 will be issued into one of these three countries.

Source: Digital Lifescapes

Exploring Blockchain Best-Fit Apps Across Industries

blockchain hyperledger market research

Almost 400 company founders, executives, managers and IT leaders responded to the Blockchain Enterprise Survey. Among those companies who have reached the Proof of Concept (PoC) stage, 66 percent expected blockchain to be integrated into their commercial systems by the end of 2018.

Source: Digital Lifescapes

Exploring the New Dynamics of Financial Services Globalization

Financial globalization is arguably healthier than it was, but banks and regulators must remain vigilant and continue to adapt. In the future digital platforms, blockchain and machine learning may transform financial markets and create new channels for cross-border capital flows.

Source: McKinsey & Company