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PXP , the expert in global payment services, today shares the findings from exclusive new research conducted in collaboration with polling firm Censuswide, revealing the payment preferences, priorities and frustrations of more than 4,000 consumers across the UK and US. PXP processes over EUR 30 billion annually through its unified gateway.
A new whitepaper by global payments processor and technology provider, RS2 , has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems. The post New RS2 Whitepaper Reveals How Legacy Systems Are Stifling Bank Innovation appeared first on FF News | Fintech Finance.
PXP , the expert in global payment services, today shares the findings from exclusive new research conducted in collaboration with polling firm Censuswide, revealing the payment preferences, priorities, and frustrations of more than 4,000 consumers across the UK and US.
The Global Finance & Technology Network ( GFTN ) has announced a partnership with Ecosystm to develop its global research, learning, and advisory platform. GFTN Advisory, the network’s resource center, offers market research, learning programs, and advisory services to support both public and private sector stakeholders.
New research released today by emerchantpay , a leading global payment service provider and acquirer, has found that there is strong market potential for merchants who prioritise the adoption of Open Banking payments early in their payment strategies.
With 2023 drawing to a close, we take a look back at our most downloaded whitepapers, sentiment papers and surveys over the course of the past year. These reports are Finextra-led and cobranded, based on editorially balanced, independent, referenced desk-based and online research.
Weavr ’s recent whitepaper, titled “ Flexible benefits cards: Employee choice, business control ”, highlights the impact that fintech, and embedded finance in particular, is having on recent business applications, particularly those utilised by HR teams for employee benefits schemes.
To compile the whitepaper data, Nuvei commissioned research to survey more than 300 global merchants and interviewed payments leaders from worldwide brands. To compile the whitepaper data, Nuvei commissioned research to survey more than 300 global merchants and interviewed payments leaders from worldwide brands.
One report suggests 39 per cent of journalists are interested in collaborating on story angles involving exclusive research which is six per cent higher than breaking news. The fintech industry thrives on innovation and trust, and research is a powerful tool for standing out in an increasingly crowded market.
However the development of generative AI in Singapore is double-edged a new whitepaper by a consortium comprising the Monetary Authority of Singapore (MAS), financial institutions, tech firms and consultancies, says.
Weavr has compiled a whitepaper from independent research and surveys to provide a comprehensive look on embedded finance offerings and aspirations of financial institutions.
This guide delves into a curated list of five influential fintech reports and whitepapers, with each of the resources shedding light on critical aspects of the industry and the evolution of the landscape in key Asian markets. More resources and info More resources, such as e-books and whitepapers, can be found here: fintechnews.sg/whitepapers
Juniper Research has published a whitepaper titled, ` Cash is No Longer King: How Contactless Payments are Becoming the Norm `, showing a rise in biometric authentication and contactless payments post-COVID-19.
The whitepaper studying this transformative era is supported by data and research from the SGQR+ POC, undertaken by the EY organisation, Banking Computer Services (BCS), and MAS. This initiative, underpinned by thorough research and market understanding, is set to forge a resilient and forward-looking payment infrastructure.
This is often supported by another element that all journalists are drawn to: breakthrough research commands attention. Research, when done well, can open up entire media narratives. Research, when done well, can open up entire media narratives. Remember, a whitepaper isnt news.
The rising threat of first-party and push payment fraud According to the Javelin Strategy & Research 2021 Identity Fraud Report, incidents of first-party fraud are rising by nearly 20% year-over-year, with Mastercard estimating that first-party fraud costs merchants approximately $50 billion annually.
The rising threat of first-party and push payment fraud According to the Javelin Strategy & Research 2021 Identity Fraud Report, incidents of first-party fraud are rising by nearly 20% year-over-year, with Mastercard estimating that first-party fraud costs merchants approximately $50 billion annually.
The research addresses regulatory frameworks for each country before diving into promising subsectors – stored value facilities, merchant acquiring and payment aggregation services, buy now, pay later (BNPL) and open banking – and how each region is responding to them.
The UK lending market for higher-risk individuals has contracted by around 34 per cent since 2019, as unsecured loans from unregulated lenders have risen significantly, according to a new whitepaper from ClearScore , the financial services marketplace. Since 2019, guarantor loans to sub-prime customers have declined 99.6
Recognising this, JCB has launched a new whitepaper to help European merchants take advantage of opportunities and tackle challenges surrounding payment experiences. These generations have grown up in an era of digital transactions and are used to having things instantly accessible.
Seven years ago, Moore published a whitepaper on electric aircrafts that can take off and land, similar to helicopters, but are a lot smaller and don’t make as much noise, reported Bloomberg.
Chainspace’s August 2017 whitepaper, which summarized the details behind the endeavor, said the team wanted to build a “ distributed ledger platform for high-integrity and transparent processing of transactions within a decentralized system.”.
(The Paypers) A new whitepaper by Ixaris Technologies has revealed that the B2B payments market is growing and more willing to adopt new technologies to cut costs.
The firm believes hospitality is the next frontier for mobile order-ahead and did the research to prove it through a partnership with hotel and restaurant news source The Caterer. A recent whitepaper by Wi-Q digs into some of the reasons. But could mobile order-ahead technology have a place in another industry?
As documented by research into artificial intelligence by PYMNTS and Brighterion, among the main AI problems for financial institutions is lack of understanding. The PYMNTS-Brighterion research shows that 41.1 PYMNTS research found that 42 percent of FIs said the AI model is not transparent enough. Human Factor.
About 40 percent told researchers that global economic growth is among the top macroeconomic risks for their enterprises. ” “Our whitepaper confirms that partnering with the business has increased in areas such as mergers and acquisitions and working capital management,” the report continued.
A recent whitepaper by data science company Feedzai, “The Dawn of Machine Learning for Banking and Payments,” offered up some food for thought (and points to consider) when delving into fraud and risk protection aided by machines. The Stage was Set with Big Data. Within that figure, machine learning is a sector that will see $15.3
Research shows that 55% of customers will abandon their cart if they have to re-enter checkout information like credit card details, negatively affecting your business conversion rate. Research shows that customers will abandon their cart if online checkout time isnt limited to four minutes or less.
Traditional bank transfers remain, by and large, the most common way businesses pay each other internationally, according to the latest research from global payments firm Saxo Payments. But researchers also concluded that many businesses feel they are already getting the best possible service from their banks when it comes to global payments.
FICO will present key insights gained from recent FICO® Resilience Index research and early lender adoption use cases across the consumer credit lifecycle at several key industry events starting later this month. Read Tom Parrent, Principal, Quantilytics’ whitepaper on the FICO® Resilience Index. . by Sharon Tilley.
That’s according to new research from Sacunas, which found that a new generation of professionals is shaping the evolution of eProcurement. The majority of this group — 56 percent — said search engines, supplier websites and social media platforms are their main destination when researching and procuring.
The RBI’s research unit released a whitepaper last week advocating for the adoption of a blockchain-based digital currency after concluding that technology in this area has “matured enough” to be put to use.
A recent survey carried out on our behalf by research company Ovum found that 48% of organizations think that in a year’s time, an assessment of their cybersecurity will show improvement. Only 3% think that their cybersecurity position will have worsened. They can all be downloaded from our cybersecurity survey page.
The site and whitepaper launched on Tuesday and a governing body of an initial 28 consortium members was also revealed, including a range of top venture investors (such as a16z, Thrive, and USV) and corporates (such as Mastercard, Visa, and Spotify). Facebook announces Libra, a fiat-backed cryptocurrency.
In April, market research firm Ti estimated in a whitepaper that as the pandemic rages on, the global freight-forwarding market could contract by more than 2 percent in 2020 – or more than 7 percent in a worst-case scenario. Globally, there is about $1.4
The latest research from PwC found that banks are no longer taking blockchain technology as an easily ignored fad. FinTech is changing the FS industry from the outside,” stated PwC EMEA FinTech Leader Steve Davies in an announcement revealing the research earlier this month.
Financial messaging firm SWIFT made its first public embrace of blockchain technology last year with a whitepaper exploring the use of the technology for smart contracts. Now, it seems the company is taking the next step in adopting blockchain for real-world uses. An announcement Thursday (Jan. An announcement Thursday (Jan.
To gain a deeper insight into blockchain technology and what it is truly capable of, the World Economic Forum and its Center for the Fourth Industrial Revolution paired up on a new whitepaper titled Realizing the Potential of Blockchain: A Multistakeholder Approach to the Stewardship of Blockchain and Cryptocurrencies.
In a recent whitepaper titled “A Primer to Machine Learning for Fraud Management,” the firm noted that, even as financial services evolve to embrace a digital world — with, say, virtual goods in hand and even virtual cash — the prospects for successful payments malfeasance grow in lockstep.
Ovum interviewed senior managers with responsibility or financial crime management from over 100 banks across 10 countries, and have written a whitepaper on the results of their research where they uncover: The motivation behind moves to make financial crime departments work more closely together.
Here are the numbers: 46 percent | Portion of finance professionals who are already using AI in the workplace, according to research released last month from enterprise software company BlackLine. Sixteen percent believe liability should fall on AI developers, but 45 percent want it to be on finance executives’ shoulders.
BNPL taps directly into this mentality, shares Matt Britton, CEO of Suzy , a SaaS market research and consumer insights platform, in a recent Tearsheet Podcast episode. “I Research shows that more than 1 in 4 Gen Zers lack confidence in their financial knowledge and skills, making them the least confident generation in this area.
Saxo Payments reportedly decided to focus on one in particular with the release of a new whitepaper outlining the pain points of cross-border payments in the world of B2B. An announcement made on Monday (April 4) said Saxo’s paper is the result of research and a survey in the industry.
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