“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.”
Bankers are finding that they can join forces with emerging fintechs to strengthen soft spots along their value chains. Beauty players are copying the digital offerings of upstarts — or acquiring them. Better visibility across the digital landscape is key.
The broad spectrum of use cases across industries is why blockchain and crypto-related firms raised almost $3.9 billion in venture capital in 2018 — that’s up by 280%. The rise comes in an increasing number of deals, as well as the median value of each deal.
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.
According to the latest market study by Juniper Research, the IoT payments market will grow at an average of 75 percent per year over the next 5 years, reaching $410 billion by 2023. This is up from an estimated $24.5 billion in 2018 — and the most growth will come from in-vehicle payments.