Tag Archive | FinTech

Fintech Trends – The End of Legacy Marketing at Banks

Fintech market research

Artificial Intelligence (AI) and machine learning will improve financial service sales and marketing by enabling processes and communication without continuous direction. The addition of voice-first communication systems could eliminate much of the power of ‘push marketing’.

Source: The Financial Brand

Fintech will Transform the Digital Banking Sector

digital banking fintech market research

By 2021, nearly 3 billion financial services customers will access retail banking via their smartphones, media tablets, PCs and smartwatches — that’s up by 53 percent from this year, according to the latest market study by Juniper Research.

Source: Digital Lifescapes

Why Blockchain will Transform Traditional IT Investment

blockchain fintech market research

Securities industry incumbents will remain resistant even though open, decentralized systems can reduce the need for massive investments in computer hardware and IT security, as well as nearly eliminate the costs involved in clearing and settling trades. They don’t yet realize that the value proposition of the blockchain is embedded in decentralization.

Source: American Banker

How to Use Blockchain in a Global Networked Economy

blockchain fintech market research

Barclays reported the first blockchain-based trade-finance deal in September 2016. The transaction guaranteed the trade of almost $100,000 worth of cheese and butter between Irish agricultural food co-operative Ornua and the Seychelles Trading Company.

Source: World Economic Forum

Mobile Wallet Global Spend to Reach $1.35 Trillion in 2017

mobile wallet payments market research

The major players in the smartphone ecosystem are driving growth with value-added services. The emergence of several high profile mobile payment service offerings has provided the sector with much needed new growth opportunities.

Source: Digital Lifescapes

Why Bitcoin Benefits from a Global Networked Economy

bitcoin finance market research

Last year held plenty of surprises for investors, and they collectively helped make bitcoin the best-performing currency of 2016. The currency’s value more than doubled in 2016 to reach $1,029 on Tuesday, a three-year high.

Source: World Economic Forum

New Blockchain Development Beyond Financial Services

fintech blockchain market research

Thirty-nine percent of senior executives at large U.S. companies indicated they had little or no knowledge about blockchain technology. The majority (61 percent), though, claimed blockchain knowledge ranging from broad to expert.

Source: Digital Lifescapes