Tag : finance

Impending growth crunch confronts wholesale banks with challenge to seize new drivers of future revenues
Banking Finance News

Impending Growth Crunch Confronts Wholesale Banks With Challenge to Seize New Drivers of Future Revenues

PR Newswire
by PR Newswire0
Wholesale banks’ average annual revenue growth (CAGR) set to drop from 8%+ in 2019-22 to 2% or below 2023-2025, Bain analysis and proprietary survey of bank leaders suggests Worst case projections show minus 2% CAGRs in new era as historical period of ultra-low interest rates and cheap money comes to......
`Gamification in Fintech: All About Customer Retention and Engagement
Featured Fintech

Gamification in Fintech: All About Customer Retention and Engagement

Prajakta Ayade
by Prajakta Ayade0
On how many days does finance truly excite the general population – those that don’t eat, breathe or dream of finance and fintech? Yes, on days when crypto breaks the market and it becomes a global phenomenon, but for many, that’s the only time! This can be changed though, just......
Finastra and Tesselate Launch Teluga Trade Finance
Finance News

Finastra and Tesselate Launch Teluga Trade Finance

Fintech News Desk
by Fintech News Desk0
 Tegula Trade Finance as a Service, powered by Finastra Trade Innovation and Corporate Channels, offers banks a single, flexible, easy to scale and expand trade finance platform. By Global FinTech Series  Finastra, a global provider of financial software applications and marketplaces, and Tesselate, a global digital transformation consultancy and integrator,......
Ey Announces Alliance With Moneylion to Help Banks Accelerate Their Digital Transformation and Extend Financial Services
Fintech News

Ey Announces Alliance With Moneylion to Help Banks Accelerate Their Digital Transformation and Extend Financial Services

PR Newswire
by PR Newswire0
Acceleration of revenue and profitability growth through product-line expansion, diversification and customer acquisition Increased efficiency in acquisition, personalization at-scale and digital platform deployment The EY organization announces an alliance between MoneyLion, a leading enterprise and consumer FinTech company, and Ernst & Young LLP (EY US), to help drive innovation and......
Why 2024 Will Be a Pivotal Year for Fintech Alt: Top Trends Driving the Evolution of Fintech in 2024
Fintech Fintech Primers Fintech Startups Guest Posts

Why 2024 Will Be a Pivotal Year for Fintech

Yash Patel
by Yash Patel0
Although fintechs have already radically altered how consumers manage, transfer, and invest their money, significant opportunities exist for the sector in 2024. From the democratization of access to basic financial services and wealth-building resources to the accelerated growth and adoption of blockchain technology, this will be a pivotal year for......
CoinEx Announces CoinEx Wallet
Cryptocurrency News

CoinEx Announces CoinEx Wallet

Fintech News Desk
by Fintech News Desk0
CoinEx Wallet provides users a streamlined gateway to the emerging world of decentralised finance and web3 applications. By Global FinTech Series News Desk CoinEx, a global cryptocurrency exchange, announced the full upgrade of ViaWallet – CoinEx Wallet, a next-generation cryptocurrency wallet. CoinEx Wallet provides users a streamlined gateway to the......
Chainverge: Where Unified DeFi Meets True Decentralization and Exciting Game-Fi
DeFi News

Chainverge Unifies Decentralised Finance with Gaming

GlobeNewswire
by GlobeNewswire0
This will allow users to deposit their crypto funds from any wallet of their choice into industry-standard cards that can then be used at millions of stores across the globe. Chainverge is unifying the isolated elements of decentralized finance into a unified package with a dash of thrilling game-fi experiences......
DeFi Technologies Subsidiary Valour Provides Monthly Corporate Update: Set Record High C$530.9 Million in Assets Under Management
DeFi News

DeFi Technologies Subsidiary Valour Provides Monthly Corporate Update: Set Record High C$530.9 Million in Assets Under Management

PR Newswire
by PR Newswire0
Record High in AUM: Valour Inc., a subsidiary of DeFi Technologies (“Valour”), reached a new record in Assets Under Management (“AUM”), totaling C$530.9 Million on January 2, 2024, reflecting significant growth in the value of assets underpinning Valour’s exchange traded products (“ETPs”) and an increase in investor demand. Strong December 2023 Market Performance and Impressive Sales Achievement: Valour achieved a......
DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022
Lending News

DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022

PR Newswire
by PR Newswire0
Strong performances of North America and APAC equities, global corporate debt drove revenue to historic high AMC stock generated $511 million in revenue for lenders, most of any security globally The global securities finance industry generated $10.7 billion in revenue for lenders in 2023, according to DataLend, the market data service of fintech EquiLend. The figure......
37% of Consumers Will Spend Months Paying off Holiday Season Debts, Achieve Survey Finds
Finance News

37% of Consumers Will Spend Months Paying off Holiday Season Debts, Achieve Survey Finds

PR Newswire
by PR Newswire0
While most Americans prioritize using money on hand to pay for holiday expenses and being budget conscious, half will still take on debt this season Half of American consumers expect to take on debt to pay for the holidays, including 37% who believe it will take them two or more......
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