Tag: research

Just 15% of financial firms are monitoring WhatsApp at all, despite rising levels of fines for communication monitoring failings, according to a report from SteelEye.

Nine in ten financial services firms have reported an increased compliance cost over the past five years, with 10% saying costs have doubled, according to research from RegTech firm SteelEye.

Nearly half (43%) of large financial institutions have adopted open banking, according to a report from identity management company Curity.

With the pandemic accelerating the shift towards a cashless ecosystem, just 5% of UK businesses only accept cash transactions, according to new research from YouLend and Dojo.

The global value of biometrically authenticated remote mobile payments are expected to reach $1.2trn by 2027, rising from $332bn in 2022, according to new findings from Juniper Research.

A quarter of UK consumers that had a declined payment in the past 12 months have no idea why it happened, according to research from global PayTech Trustly.

Two-fifths (41%) of first-time investors in the UK see cryptocurrencies as the most important asset to have, according to new research from BrokerChooser.

Investments into Climate FinTech companies raised $1.2bn in 2021, which is three-times higher than all of the previous years combined, a new report from CommerzVentures claims.

After a big decrease in the number of deals in 2019, in the first three quarters of 2021 the country’s FinTech deal activity has...

Four in ten banks and financial services lack necessary infrastructure for a strong data foundation and 37% of firms are still reliant on manual data processes, global data and analytics software company Quantexa revealed.