Tag : Capgemini Research

Banks Face Fallout as 40% of Small and Mid-Sized Merchant Businesses Eye Shift to PayTechs
Fintech News

Banks Face Fallout as 40% of Small and Mid-Sized Merchant Businesses Eye Shift to PayTechs

GlobeNewswire
by GlobeNewswire0
Merchants face up to nine hours of downtime annually due to their current unreliable payment systems, increasing attractiveness of alternative PayTech1options PayTechs are winning the innovation race, with 60% adopting Gen AI across their operations, compared with 41% of banks Total worldwide non-cash transactions set to reach 3.5 trillion by......
Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
Fintech InsurTech News

Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood

GlobeNewswire
by GlobeNewswire0
Under-40 consumers overlook traditional life insurance plans citing misalignment with their stage in life (32%), high costs of premiums (28%), and lack of immediate benefits (25%) Majority seek living benefits instead, like emergency financial support, wellness rewards or coverage for fertility treatments The World Life Insurance Report 2026, conducted jointly by......
Majority of banks and insurers struggle to maximize the value from their cloud investments
Cloud Finance Fintech Investments News

Majority of banks and insurers struggle to maximize the value from their cloud investments

GlobeNewswire
by GlobeNewswire0
Majority of banks and insurers struggle to maximize the value from their cloud investments Less than 40% of financial services executives say they are highly satisfied with their cloud outcomes Most banks and insurers adopt cloud solutions with the primary objective to drive operational efficiency (84%) Protecting customer data and......
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