Tag "survey"

New Report Explores Design Thinking in Financial Services

Design thinking is a methodology used during the process of designing and a problem-solving protocol which consists in, first, defining the problem, and then, implementing the solutions, always with the needs of the user demographic at the core of concept

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Oracle, Wharton Fintech Report: Millennials, An ‘Immense Opportunity for Banks’

Totaling 80 million individuals who are commanding US$1.3 trillion in direct annual spending in the US alone, Millennials are the largest generation in world history. The demographic represents a diverse financial services segment completely different from their predecessors and an

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Customers Willing to Shift to Mobile Money for International Transfers

Mobile international money transfer services have significant potential to gain traction and market share as 92% of consumers are willing to ditch traditional money transmitter services for a mobile method, according to a new survey. Entitled ‘Mobile Financial Services Consumer

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20% of Financial Service Business at Risk to Fintechs by 2020

Financial technology companies are shaping the financial services industry from the outside in, and more than 20% of traditional players being at risk to fintech companies by 2020, according to a new report by PowerwaterhouseCoopers (PwC). In a new report

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Digital Wallets Increasing in Popularity in APAC, Singapore As Top 3 Adopters

Consumers in Asia Pacific (APAC) are embracing digital wallets as one in five users (19.5%) in the region say they are using these new mobile technologies, citing more convenience when shopping online. This represents an increase of 9.7% from two

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Banks Gear Up as New Challengers Intend to Eat Their Lunch

Fintech challengers have been gaining ground by offering easier, cheaper or more intuitive ways to compare and acquire the financial services that customers need. Today, the question is not whether these new players will topple the established banking hierarchy, but

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11% of Millennials are Making Purchases from their Smartphone Daily / Security Concerns vs Banking

Millennials have never known anything but new technologies, changing technologies, adjustment and adaptation. Born between the early 1980s to the early 2000s, this generation wants to do everything on their mobile devices, a trend that had the influence to be

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