Search Results for: Covid-19 pandemic

World Retail Banking Report 2020: 57% of Consumers Prefer Internet Banking in the COVID-19 Era
Banking Fintech News

World Retail Banking Report 2020: 57% of Consumers Prefer Internet Banking in the COVID-19 Era

Fintech News Desk
Progressive core banking transformation enabled by shift to platform-based models can help banks take swift action to improve innovation, growth, profits and operational efficiency Retail banks are facing pressure to transform as new entrants focused on customer experience gain significant market traction, according to the World Retail Banking Report 2020 (WRBR)......
Fintechs Must Take Part in COVID-19 Recovery, says Bruc Bond
Economy Fintech News

Fintechs Must Take Part in COVID-19 Recovery, says Bruc Bond

Fintech News Desk
Small businesses must be helped by fintechs to lessen shock of worldwide pandemic The COVID-19 pandemic has severely crippled the global economy. While social distancing measures have been vital to securing people’s lives and enabling effective governmental responses to the pandemic, Fintechs SMEs around the world have been hit hard......
Banking Featured Fintech InsurTech Investment Services

Is Covid-19 a Wake Up Call for InsurTechs?

Paroma Sen
Like most businesses across multiple sectors, insurance companies and insurtechs have been affected by the impact and effects of the ongoing Covid-19 pandemic. However, here’s the silver lining: insurtechs with their ability to offer different kinds of contactless, paperless solutions can actually use this time to innovate and present the......
Millions of Americans Stand to Lose Trillions of Dollars Due to Covid-19
Fintech Investment Services News

Millions of Americans Stand to Lose Trillions of Dollars Due to Covid-19

Fintech News Desk
Ric Edelman, founder of the nation’s largest independent financial planning and investment advisory firm,  released a 64-page report that warns of dire financial outcomes for millions of Americans. Edelman’s report, The Long-Term Financial Impact of Covid-19 and What it Means for You, asserts that the pandemic is leading people to bad......
Survey: COVID-19, Market Uncertainty Has Financial Advisers Feeling Bearish for the Next Six Months
Economy Fintech Investment Services News

Survey: COVID-19, Market Uncertainty Has Financial Advisers Feeling Bearish for the Next Six Months

Fintech News Desk
2020 Trends in Investing Survey also reveals ESG funds gaining popularity among the advisory community COVID-19 is wreaking havoc across the country, especially in the financial markets and economy. With trillions of dollars in assets managed by the financial advisory community in the U.S., it’s logical to explore how financial......
Oversight Report Reveals the Impact of COVID-19 on Employee Spend & Risk
Business Fintech News Risk Management

Oversight Report Reveals the Impact of COVID-19 on Employee Spend & Risk

Fintech News Desk
Spend Insights Report Highlights Changes in Employee Spend Behaviors During Global Pandemic Oversight, the global leader in spend management technology, released its May 2020 Spend Insights Report. The second in a series of reports, the findings reveal an uptick in airline spend as well as heightened risk introduced by working and......
Tencent WeSure CEO Alan Lau: COVID-19 spurs insurance demand in China
Fintech InsurTech News Risk Management

Tencent WeSure CEO Alan Lau: COVID-19 spurs insurance demand in China

Fintech News Desk
The COVID-19 pandemic has unexpectedly raised the sense of urgency in insurance purchase in China, paving the way for industry players to embrace notably ‘half-ready’ users through curated portfolio and user cultivation backed by technology, according to Alan Lau, CEO of Tencent WeSure. Educating the largely under-insured population, building trust among users, and employing......
Moody’s Analytics Forecast: Resurgence of COVID-19 Could Cause Global Economic Depression
Economy Fintech News

Moody’s Analytics Forecast: Resurgence of COVID-19 Could Cause Global Economic Depression

Fintech News Desk
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base case for the US suggests that it will take until mid-decade for the economy to return to full-employment. Mark Zandi, Chief Economist at Moody’s Analytics, describes......
Featured Fintech

Future-proofing Your Business Strategies: Lessons from Covid-19

Paroma Sen
The world’s corporate leaders and governments are supposed to be ready for instantaneous change while honing in the ability to pivot their core plans and strategies overnight. However, no one could have been prepared for the effects and impact of the Covid-19 pandemic. While global leaders have dealt with various......
Redd Announces New Vision, Rebrand as a Source of Global Change for Good
Business Fintech Investment Services News

Johnson Investment Counsel’s Pandemic and Business Continuity Planning Enables Employees to Work Anywhere

Fintech News Desk
Ensures “Seamless Experience” Between Work-From-Home Advisors and Clients With Integrated Collaboration, Communications and Virtual Workspaces From Evolve IP Johnson Investment Counsel, one of the largest independent investment firms in the Midwest, and Evolve IP, the world’s leading provider of Work Anywhereâ„¢ cloud solutions, announced that a successful business continuity and pandemic......
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