Tag "report"

Wealth Managers ‘Dangerously Behind’ in Digital Tech Adoption

The rise of technology has altered how we live and do business, impacting all parts of the economy, including finance and wealth management. But as digital disruption advances, wealth managers are found to be “dangerously behind” the curve in adoption,

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Asset Managers Need to Adapt Their Business Models

As fintech surges, Luxembourgers asset managers and servicing firms “are well-positioned to ensure that Luxembourg is in the driving seat for innovation,” according to Simon Ramos, partner of Deloitte Luxembourg. In a new paper entitled ‘How can fintech facilitate fund

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Fintechs Gain Significant Traction Notably in Emerging Markets

63% of customers across the globe are using fintech products or services, according to Capgemini and Efma. Most particularly, penetration is the highest in emerging markets and among millennial population, but is also expected to increase in all geographies and

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Recommendations to Boost Entrepreneurship in Switzerland

While Switzerland might be one of the best locations in the world to set up a business, the country’s own entrepreneurship ecosystem has not yet reached its full potential, according to the Start-up Monitor foundation. In a new report, the

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Switzerland Is Lagging Behind on Digitalization, Says New EPFL Study

While Switzerland is a global leader in many sectors, the country is lagging behind on digitalization, according to a new study. In a new report released today, the Ecole polytechnique fédérale de Lausanne (EPFL) – on behalf of Swisscom and

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Morgan Stanley Shares Roadmap for Blockchain Adoption

While the long-term opportunity offered by blockchain is clear, widespread adoption by financial institutions will take between 5 and 10 years from now, according to Morgan Stanley. In a new report entitled ‘Global Insight: Blockchain in Banking: Disruptive Threat or Tool?’,

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Customers Unsatisfied With Current Banking On-Boarding Processes

Consumers are unsatisfied with current banking on-boarding processes, which they claim are frustrating and time consuming. Banks need to listen to consumer demands and become truly digital to resist the competition and increase revenues and user base, according to a

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Banks Need to Learn From Successful C2B Leaders Such as Google, Apple and Facebook

To stay relevant at all times and provide consistent and fulfilling customer experiences in both the digital and physical spaces, banks need to build partnership with fintech startups and leverage the power of real-time analytics, according to a new report

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White Paper on Blockchain Infrastructures for Digital Assets

BitFury, a Bitcoin blockchain infrastructure provider and transaction processing company, has released a white paper outlining basic components of blockchain-based asset ledgers, as well as their use cases for financial services firms. Entitled ‘Digital Assets on Public Blockchains,’ the white

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Millennials More Likely to Purchase Insurance From Tech Firms, Google Emerges As Major Threat to Insurers

Changing behaviors and preferences from Millennials combined with the emergence of technologies such as the Internet of Things (IoT), is pushing the insurance industry towards massive disruption, according to a new report by Capgemini and Efma. The “World Insurance Report

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