Tag Archive | FinTech

Distributed Ledger Technologies Enable Smart Contracts

distributed ledger blockchain market research

Blockchain applications are driving significant new investment in related Internet of Things (IoT) projects. The rapidly evolving distributed ledger technology will alter established industries beyond financial services, according to the latest worldwide market study by ABI Research.

Source: Digital Lifescapes

IoT Apps Integrated with Machine Learning and Blockchain

internet of things IoT market research

Internet of Things (IoT) market growth will accelerate in 2017, with the adoption of narrowband IoT (NB-IoT), according the the latest worldwide market study by Frost & Sullivan. This cellular technology uses licensed spectrum and offers a standardized low-power, wide-area network (LPWAN) solution.

Source: Digital Lifescapes

Cognitive Systems are Growing by 56 Percent in Latin America

cognitive systems market research

Spending in cognitive systems will reach $358.2 million in Latin America by 2020. Financial services tops the list at 37% of the total, followed by manufacturing and resources with 15%, distribution and services with 10%, cross-industries with 6%, and other industries with the remaining 32%.

Source: IDC

Compelling Economics of AI and Machine Learning Apps

AI machine learning market research

Are you ready for the Cognitive Systems era? If not, have you at least updated your business technology plan? Evolving the CIO role, and preparing a company for the impact of artificial intelligence (AI), is a high priority at many forward-looking enterprises.

Source: Digital Lifescapes

Why Banks Must Adopt a Cloud-First Disruptor Mindset

Banking fintech market research

The established players in banking are constantly facing changes and new competition. These challenges stem primarily from on-the-cloud start-ups and agile FinTechs, a group of businesses that are 4,000-strong worldwide and on the receiving end of $19 billion in venture capital funding.

Source: IBM

Contactless Payments will Reach 500 Million Users

fintech payments market research

Contactless payment cards offer an array of benefits to both the retailer and consumer, such as faster throughput at the Point of Sale (POS) terminal, potentially leading to increased sales and reduced operating costs from cash handling.

Source: Digital Lifescapes

Digital Trust: Currency of the Global Networked Economy

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This year, the Edelman Trust Barometer, an annual survey that measures global levels of trust in institutions, revealed the steepest drop ever seen in the public’s trust in governments, businesses, media and NGOs.

Source: World Economic Forum