Research/analysis

1366 articles tagged with this keyword

/ai

AI set to revolutionise wealth management operations - survey

Artificial intelligence is set to revolutionise the wealth management industry, with nine in 10 investors believing the technology can used effectively for researching financial products and service.

/ai

Firms struggling to find RoI for AI projects

More than half of the companies investing in artificial intelligence (AI) projects have been unable to extract any tangible benefit, according to recently published research.

/wealth

Wealth managers failing to meet clients' tech expectations

Investors are prepared to dump their wealth managers if they fail to embrace new technology, suggests recently published research.

/regulation

Survey uncovers tech aversion within financial institutions

The majority of UK-based financial firms are risk-averse when it comes to new technology, according to recently published research.

/retail

UK consumers turn away from branch banking

British consumers are less bothered about bank branch closures than those in the US and Europe, according to recently published research.

/payments

Contactless takes the lead for Canadian in-store payments

The number of contactless payments in Canada increased by 17% in 2023 to reach 63% of all in-store transactions.

/payments

European A2A payments set for take off - report

The European Payments Initiative’s Wero wallet is likely to accelerate adoption of A2A payments, with 37% of payment executives anticipating it will significantly offset card transaction growth by 2027, claims a Capgemini report.

/security

Americans lost $5.6bn to crypto-related fraud in 2023 - FBI

Americans lost more than $5.6 billion in cryptocurrency-related fraud scams in 2023, a 45% rise on the previous year, according to the FBI.

/payments

Third of Brits now use mobile contactless payments

The total number of payments made in the UK increased by five per cent in 2023 with a third of Brits now regularly paying with a tap of their mobile phone, according to UK Finance figures.

/markets

UK firms that list abroad should pay back state aid - UK Finance

Companies that decide to list outside the UK or move valuable operations from the country should be made to pay back tax-payer funded support they have previously taken, according to a UK Finance report.

/predictions

Trade finance to play major role in $30 trillion tokenised assets market

Demand for tokenised real-world assets could reach $30.1 trillion by 2034, with trade finance assets making up a significant part of the market, predicts a paper from Standard Chartered and Synpulse.

/payments

Digital euro would maintain freedom to choose how Europeans pay - ECB

With Europe inching towards the issuance of a digital euro, the ECB has embarked on a charm offensive, taking to media outlets across the continent to reassure citizens that the new payments option will compliment, not replace, cash and provide them with greater freedom of choice.

/ai

Central banks must raise game in face of AI - BIS

Central banks should embrace artificial intelligence to sharpen their analytical tools in pursuit of financial and price stability, according to the Bank for International Settlements.

/regulation

Trading app gamification can increase risk taking - FCA

Gamification features such as push notifications and prize draws used by trading apps can increase risk taking among users, according to research from the Financial Conduct Authority.

/security

Scammers can crack almost half of passwords in less than a minute

Scammers could crack 45% of passwords within a minute, using brute force or smart guessing attacks, warns security firm Kaspersky.

/ai

AI to impact more than half of banking jobs - Citi

AI is set to upend the finance industry, adding tens of billions of dollars in profit while leading to the automation of as many as half of jobs in the sector, according to research from Citi.

/crypto

Digital pound would not require new POS systems - BofE

Existing point-of-sale terminals in the UK could be used to initiate digital pound payments, according to research from the Bank of England.

/identity

UK home to 3m 'Frankenstein identities, posing multi-billion pound threat

The UK is home to nearly three million "Frankenstein" identities stitched together by fraudsters out of real and made up personal details, according to researchers who warn of a potential multi-billion pound hit to the economy.

/ai

Pay.UK hails fraud detection pilot results

Pay.UK says a fraud detection pilot involving Visa has exceed expectations, suggesting that it could save the country's economy over £112 million a year.

/markets

Pursuit of faster settlement times via DLT will hit market quality

Adopting distributed ledger technology in the pursuit of faster settlement times could hit liquidity and increase transaction costs, warns research from the World Federation of Exchanges (WFE).