Report Reveals Banking Trends to Watch in 2023
Insider Intelligence highlighted four main banking trends that will emerge in 2023 to help customers weather the economic storms
Reports - page 2
US Credit Card Transaction Volume Hit $3.09T in 2022: Insider Intelligence
Insider Intelligence forecasts US credit card transaction volume to hit $3.089 trillion in 2022, shaped by a few dominant trends
The Reason for Record Wage Raises Revealed
Wages for many US employees were up between 5.5% – 7.7% in November – the highest increase in 25 years of record-keeping
China has 1,400 Firms Operating in Blockchain Industry
China and US accumulatively represent a 52% global market share in terms of blockchain enterprises: more than 1,400 blockchain firms are currently based in mainland China
Insurtech Market Size to Reach $166.4 Billion by 2030
The insurtech market is projected to grow at 39.1% CAGR between 2022-2030, improving underwriting accuracy and loss prediction
Credit Unions Have Most Favourable Interest Rates for Auto Loans
Credit unions charged an average interest rate of 5.94% for used car sales in the third quarter, which is well below the bank’s auto loans interest of 8.36%
Bitcoin Hodlers Have Record 8M BTC in Unrealised Loss
The amount of Bitcoin held in self-custody continues to increase, hitting record levels. Both short-term and long-term hodlers are holding on more unrealised losses than ever registered in the crypto history
North Korean Hackers Steal NFT with Hundreds of Phishing Domains
NFT investors should beware. Hackers linked to North Korea’s Lazarus Group are conducting a massive phishing campaign, impersonating NFT marketplaces, NFT projects and even a DeFi platform
KYC Procedures Protected Customers from North Korean Hacking Attacks
South Korean intelligence officers claim that out of $620 million in crypto stolen by North Korean hacking groups this year, none affected South Korean users, thanks to the enhanced KYC policies
Global Payment Instruments Market to Reach $365B by 2030
The payment instruments growth will be fuelled by the growing use of smartphones and increasing expectations for secure and fast payments
Godfather Android Trojan Doesn’t Target Russians
The Godfather, an Android banking Trojan that has targeted the users of more than 400 apps across the globe, has functionality that stops it from attacking users who speak Russian
Global Blockchain Market in Supply Chain Industry to Surge by 2027
The report on the blockchain market in the supply chain industry revealed that the market is expected to grow by $4936.05 million during 2023-2027, accelerating at a CAGR of 52.21%
CFOs Today Hold More Decision-Making Power than Previous Generations
Accenture has published a report on the role CFOs play in the accelerated digital transformation process, revealing the issue of the “paradox of choice,” increasingly putting executives under pressure
Cybercriminals Will Look Away from BTC: Kaspersky
Although crypto-related cybercrime won’t slow down in 2023, crooks will look for alternatives to Bitcoin as a source of payment, as regulation and tracking improves
New Crypto Scam Tactic Revealed by CertiK
Crypto scammers are increasingly paying for black market identities to avoid detection, according to the blockchain security firm CertiK
IMF Chief Warns Fragmentation Will Hurt Global Economy
The IMF has cut 2023 forecasts and warned that possible fragmentation would damage growth both domestically and internationally
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