China’s first digital-native bank, WeBank, and global management consulting firm Oliver Wyman have jointly launched a new report titled “Global Digital Banking: Development and Innovation Trends”. The report offers an in-depth analysis of the development of global digital banks and insights into the future trajectory and competitive landscape of the industry. Continue reading
Amid a global economic slowdown, market volatility, geopolitical shifts and monetary easing, the global IPO market in Q3 2024 has shown signs of cautious optimism. Despite a dip in year-over-year (YOY) volumes by 14% to 310 IPOs and proceeds by 35% to US$24.9b, Q3 did modestly outpace the first two quarters of 2024 in IPO launches. Continue reading
Analysis of British Geological Survey data from LexisNexis® Risk Solutions, the data, advanced analytics and technology provider to the insurance market, reveals that with the current climate trajectory, approximately 1.2 million more homes in England are at risk of subsidence issues by 2050ii. This is a 27% increase to the estimated 4.5 million households already at subsidence risk today. Continue reading
Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the metals, commodities, energy and energy transition markets, today announces the upcoming launch of the world’s first daily carbon-accounted iron ore price assessments and related carbon intensity estimates to bring greater transparency to the industry’s decarbonization efforts. Continue reading
According to a new market research report titled, ‘Blockchain Market by Type (Public, Private, Hybrid, Consortium), Platform (Ethereum, Hyperledger, Polygon, Solana), Organization Size, Sector (BFSI, Government, Healthcare, Professional Services, Manufacturing), and Geography—Global Forecast to 2030. Continue reading
Versana today announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also participated in this round. In addition, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana’s next-generation platform. Continue reading
AI chatbots and Large Language Models (LLMs) such as ChatGPT have become commonplace in recent years to answer queries, whether that’s how to write a persuasive email or to request a replacement for a stolen card. According to Auriemma Group’s latest UK Cardbeat study, credit cardholders tend to be comfortable using AI chatbots to carry out basic tasks with their card issuer, but express skepticism when faced with more complex servicing needs. Continue reading
Equifax® (NYSE: EFX) has launched a new solution, All Employers Within 90 DaysTM, in support of its commitment to providing an extensive set of verification solutions for the mortgage industry. Read more
Wirex, the leading Web3 money app, and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA). Read more
Companies surveyed in Central and Eastern Europe (CEE) demonstrate resilience and adaptability in navigating the challenging economic landscape. While 60% expect ongoing economic strain to trigger a rise in insolvencies over the next 12 months, nearly 33% also anticipate facing short-term and long-term challenges shaping the overall business landscape. This explains why 10% more CEE companies than last year are shifting focus to strategic credit risk management to protect their financial health. Continue reading