Tag : Boston Consulting Group

Only 37% of Companies with Low Risk Management Capabilities Recognize How Crucial They Are in Navigating Crises
News Risk Management

Only 37% of Companies with Low Risk Management Capabilities Recognize How Crucial They Are in Navigating Crises

PR Newswire
by PR Newswire0
New BCG Survey Highlights the Value of Mature Risk Management Across All Industries, and What Lagging Organizations Can Learn from Leaders Recent global crises like the COVID-19 pandemic and the Ukraine war have spotlighted the crucial need for mature risk management capabilities across all industries and sectors. Boston Consulting Group (BCG) is publishing......
Fintech Projected to Become a $1.5 Trillion Industry by 2030
Fintech News

Fintech Projected to Become a $1.5 Trillion Industry by 2030

PR Newswire
by PR Newswire0
Asia-Pacific Is Poised to Outpace the US, Becoming the World’s Largest Fintech Market by 2030, According to New Report Financial technology revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a new report released today by Boston Consulting Group (BCG) and QED Investors. The fintech sector, which currently holds a......
Digital payments in India projected to reach $10 trillion by 2026: PhonePe Pulse and BCG release report on digital payments
Digital Payments News

Digital payments in India projected to reach $10 trillion by 2026: PhonePe Pulse and BCG release report on digital payments

Fintech News Desk
by Fintech News Desk0
PhonePe, India’s leading digital payments company, in collaboration with  Boston Consulting Group (BCG), today unveiled a report titled, “Digital payments in India: A $10 trillion opportunity”. The report leverages BCG’s industry expertise in payments and the fintech domain, along with PhonePe’s deep insights and expertise as the market leader in Indian digital payments and its extensive......
Q2 and BCG Join Forces to Tackle Major Commercial Banking Challenge
Banking News

Q2 and BCG Join Forces to Tackle Major Commercial Banking Challenge

Fintech News Desk
by Fintech News Desk0
YieldBuilder, a new loan pricing solution, combines BCG’s industry-leading pricing strategy and change management expertise with Q2’s one-of-a-kind advanced analytics and pricing software Q2 Holdings, Inc., a leading provider of digital transformation solutions for banking and lending, and Boston Consulting Group (BCG) announced the launch of YieldBuilder to help solve one......
PAAY and Bluefin Join Forces to Dramatically Advance Remote Commerce Security
Fintech Mobile Banking News

New Report by Boston Consulting Group: Retail Banks Face the Urgent Need to Retool Offerings and Strategies

Fintech News Desk
by Fintech News Desk0
As More Customers Go Digital amid the Pandemic, Banks Must Accelerate Digitization Efforts to Serve Customers Better and Realign Costs, Says a New Report by Boston Consulting Group Although retail banks globally have reacted to the COVID-19 crisis with speed, dexterity, and purpose—while remaining true to their environmental, social, and......
More Than Half of US Companies Are Under Financial or Operational Stress and 14% Are in Distress as Pandemic's Economic Impact Deepens
Economy Fintech News

More Than Half of US Companies Are Under Financial or Operational Stress and 14% Are in Distress as Pandemic’s Economic Impact Deepens

Fintech News Desk
by Fintech News Desk0
New Research by BCG Shows Scope of Crisis and Pinpoints Trouble Spots by Region and Sector More than seven months into the novel coronavirus pandemic, a disturbingly large number of US companies are at risk, according to new research from Boston Consulting Group (BCG) confirming that economic distress is deeply entrenched and......
Personalization: The Gen Z Banking Imperative
Banking Fintech Guest Posts

Personalization: The Gen Z Banking Imperative

Meenaz Sunderji
by Meenaz Sunderji0
Generation Z, the next generation of bank customers, represents a sizeable market segment. This generational cohort, born after 1996, makes up about 20% of the U.S. population according to Statista and data from Business Insider indicates that Gen Z wields purchasing power of more than $143 billion. Purchasing power that is projected by......
Barlow Research and Boston Consulting Group Collaborate: Business Banking Relationships in a Digital World – “What Servicing Strategies Will Work Best?”
Banking Business Fintech News

Barlow Research and Boston Consulting Group Collaborate: Business Banking Relationships in a Digital World – “What Servicing Strategies Will Work Best?”

Fintech News Desk
by Fintech News Desk0
Barlow Research & Boston Consulting Group are examining the evolution of business banking relationships as digital/remote servicing strategies grow increasingly important. Read More: First Regulated DeFi Project KingSwap Raises $20 Million in Funding and Liquidity Support, Announces Public Launch on Uniswap “Businesses with and without an assigned Account Officer are......
Crypto.com and Boston Consulting Group (BCG) Release New Report on Decentralized Finance (DeFi)
Blockchain Fintech News Risk Management

Crypto.com and Boston Consulting Group (BCG) Release New Report on Decentralized Finance (DeFi)

Fintech News Desk
by Fintech News Desk0
Report indicates that although DeFi has the potential to disrupt traditional finance, leaders in incumbent financial services also have the opportunity to participate in and shape its impact on their businesses. Decentralized Finance (DeFi) growth has been explosive. In the last year, the value locked into DeFi has increased 1500%......
TurboTax to Help Millions of Americans Get Their Stimulus Payments With Launch of Free Stimulus Registration Product
Banking Fintech News

Corporate and Investment Banks Must Reinvent Themselves

Fintech News Desk
by Fintech News Desk0
As Competitive Pressure Intensifies and Profitability Erodes, Small and Midsize CIBs Must Overhaul Business and Operating Models in Order to Remain Viable Corporate and investment banks (CIBs), facing rising challenges that the COVID-19 crisis has made even more pressing, must fundamentally transform themselves—targeting high-value clients, shedding subscale business lines, and......
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