FIs expect AI to impact data operations and data quality management the most in...
In a report published March 2024, Alveo polled 200 firms about leveraging AI in data management. The respondents were split over the US, the...
Record low for Irish FinTech deal activity in Q1 2024 after 66% drop YoY
Key Irish FinTech investment stats in Q1 2024:
· Irish FinTech deal activity reached three deals in Q1 2024, a 66% reduction from Q1 2023
·...
Visa’s second Africa FinTech Accelerator Program accounts for a quarter of deals in Q1
Key African FinTech investment stats in Q1 2024:
• African FinTech deal activity reached 40 transactions in Q1 2024, a 40% drop YoY
• African FinTech...
Indian FinTech deal activity drops by a third in Q1 2024 as Lending Tech...
Key Indian FinTech investment stats in Q1 2024:
• Indian FinTech deal activity reached 56 funding rounds in Q1 2024, a 33% drop from Q1...
AI will have the biggest impact on customer experience and operations
A recent report from EY looked at insurers’ focus on leveraging AI and data science in several key areas. Insurers know the potential benefits...
European ESG FinTech deal activity jumps 16% in Q1 2024
Key European ESG FinTech investment stats in Q1 2024:
• European ESG FinTech deal activity reached 14 transactions in Q1 2024, a 16% increase from...
Global InsurTech seed deal activity halves in Q1 2024 YoY
Key Global InsurTech seed deal investment stats in Q1 2024:
• InsurTech seed deal activity reached 25 deals in Q1 2024, a 52% reduction from...
Combined Brazilian banking app downloads almost reach 1bn from 2017 – March 2024
Combined Brazilian banking app downloads reached a total of 860m since January 2017 with incumbent banks having a slight edge over challengers with 441m...
European AI FinTech deal activity increased 21% in Q1 2024
Key European AI FinTech investment stats in Q1 2024:
• European AI FinTech deal activity reached 50 deals in Q1 2024, a 21% increase YoY
•...
71% of Investment management firms already use AI in their investment process
A recent report conducted by Mercer in December 2023 – January 2024 surveyed 150 asset management managers from various asset classes. The survey focused...
