Tag : Economist Intelligence Unit

81% of Global Financiers Say Legacy IT Inhibits Business Change
Business InsurTech News

81% of Global Financiers Say Legacy IT Inhibits Business Change

Fintech News Desk
by Fintech News Desk0
Economist Intelligence Unit uncovered the scale of technical debt in financial services in a report sponsored by Appian Appian reveals that global leaders in financial services and insurance (FSI) believe that legacy IT infrastructure and applications are holding back their business transformation aspirations and automation objectives. These are the findings of......
People, Not Products, are the Future of Banking, Finds Economist Intelligence Unit Report for Temenos
Banking Fintech News

People, Not Products, are the Future of Banking, Finds Economist Intelligence Unit Report for Temenos

Fintech News Desk
by Fintech News Desk0
Four in five (81%) banks seek to differentiate on customer experience rather than products Mastering both customer experience (30.5%) and digital marketing (28.5%) are ranked as top strategic priorities for the next four years Survey respondents across the world are considering microfinance for entrepreneurs (34%), deposits for the unbanked (33%)......
Banks to Move Online and Form Customer-Centric Digital Ecosystems Within Five Years, Finds Economist Intelligence Unit Report for Temenos
Banking Digital News

Banks to Move Online and Form Customer-Centric Digital Ecosystems Within Five Years, Finds Economist Intelligence Unit Report for Temenos

Fintech News Desk
by Fintech News Desk0
Almost two thirds (65%) of global banking executives believe that the branch-based model will be “dead” within five years, up from 35% four years ago The same proportion (65%) of bankers see new technologies as the biggest driver of change for the next four years, up from 42% three years......
Open Banking a Global Revolution in Progress, Finds Economist Intelligence Unit Report for Temenos
Banking Business Digital Fintech News

Open Banking a Global Revolution in Progress, Finds Economist Intelligence Unit Report for Temenos

Fintech News Desk
by Fintech News Desk0
● Nearly half (45%) of global banking executives are set on transforming their business models to become digital ecosystems ● Open bank hub initiatives, giving customers the option to connect their bank data with third-party providers, is the second most chosen innovation strategy globally, cited by 29% of respondents ●......
Customer Online Conversations Reveal ‘All to Play for’ in Battle between Challengers and Incumbent Banks, Finds Economist Intelligence Unit Report for Temenos
Banking Fintech Investment Services News

Customer Online Conversations Reveal ‘All to Play for’ in Battle between Challengers and Incumbent Banks, Finds Economist Intelligence Unit Report for Temenos

Fintech News Desk
by Fintech News Desk0
Groundbreaking report for Temenos by The Economist Intelligence Unit uses machine-learning to analyze over 10 million online conversations about personal finance Challenger banks are strongly associated with financial empowerment, but also twice as likely to be associated with security and privacy concerns compared to traditional banks Traditional banks retain strong......
New Study Finds Smooth Digital Transactions “Essential to Business Survival” During and After Pandemic
Business Fintech News

New Study Finds Smooth Digital Transactions “Essential to Business Survival” During and After Pandemic

Fintech News Desk
by Fintech News Desk0
Economist Intelligence Unit and TransUnion report highlights which emerging technologies could present challenges for and increase fraud prevention, economic inclusion and consumer privacy A new global study by the Economist Intelligence Unit and TransUnion (NYSE: TRU) has overwhelmingly found the key to whether or not companies go out of business......
IRIS CRM and Conformance Technologies Partner to Create the Payment Industry’s Most Powerful CRM Integration
Artificial Intelligence Fintech InsurTech News

Banks and Insurance Companies Expect 86% Increase in AI-Related Investments Into Technology by 2025, According to New Research by The Economist Intelligence Unit

Fintech News Desk
by Fintech News Desk0
AI is set to shape the future of the banking and insurance ecosystem, according to a new report commissioned by ThoughtSpot, the leader in search and AI-driven analytics. The report, “The Road Ahead: Artificial Intelligence and the Future of Financial Services,” conducted by The Economist Intelligence Unit (EIU), analyzes the sentiments......
Crypto.com Debuts French Version of App and Exchange
Cryptocurrency Fintech InsurTech News

Crypto.com Extends Insurance Coverage to $360 Million After Securing $100 Million Policy Led by Arch Underwriting at Lloyd’s Syndicate 2012

Fintech News Desk
by Fintech News Desk0
Policy expands as the company sees rapid growth, reaching the 2M user milestone Crypto.com announced it has secured a US $100M direct insurance policy led by Arch Underwriting at Lloyd’s Syndicate 2012. This is the largest coverage that Crypto.com has secured for its cold storage assets on custodial partner Ledger Vault. The......
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