Fingrow

27/02/2022

The Worldwide Advanced Analytics Industry is Expected to Reach $89.8 Billion by 2026

https://www.fintechnews.org/the-worldwide-advanced-analytics-industry-is-expected-to-reach-89-8-billion-by-2026-researchandmarkets-com/

24/02/2022

As inflation creeps in at a rate not seen in decades — showing itself, in part, through the cost of labor — cash flow becomes the top issue. Businesses must increase wages in order to maintain or recruit new employees.

Business owners are worried that the rising labor expenses will be compensated by more consumer and business expenditure, improving their top lines. Most businesses have not raised prices yet, which implies that supply chain shocks must be absorbed. It's vital to concentrate on operations and shorter sales cycles.

Every small business relies on cash flow, and integrating banking into payments can improve cash flow management by providing visibility and transparency. Companies, on the other hand, require new technologies to aid in the forecasting of fund flows.

https://www.pymnts.com/smbs/2022/embedded-banking-digital-payments-help-smbs-hedge-inflation-boost-cashflow/

24/02/2022

Credit unions are rising to the challenge by partnering with FinTechs to provide members with the newest digital and mobile features while maintaining the personalized connection that distinguishes credit unions.

https://www.pymnts.com/news/banking/2022/today-in-fintech-credit-unions-turn-to-fintech-partnerships-to-level-the-playing-field/

20/02/2022

(BNPL) phenomenon

What is now known as the buy now, pay later (BNPL) phenomenon began online four or five years ago, depending on who you ask, and is now managing the rare feat of being in the now while reflecting on the past — and planning for a potentially bright future.

Part of that future won't be online — where BNPL has found a particularly favorable development environment in recent years — but rather within stores, where customers have expressed a strong preference for BNPL and become dissatisfied when they can't find it.

Source: https://www.pymnts.com/buy-now-pay-later/2022/buy-now-pay-later-moves-in-store-to-meet-growing-consumer-demand/

17/02/2022

JP Morgan has become the first bank to enter the metaverse, with the launch of a lounge in Decentraland, a popular blockchain-based metaverse. This is the banking behemoth's first foray into the metaverse.

https://fintechmagazine.com/banking/jp-morgan-becomes-the-first-bank-to-launch-in-the-metaverse

17/02/2022

delt.ai, a business that manages corporate credit and expenses, revealed that it has raised $25 million in debt. It's worth noting that the entire project is funded with bitcoins.

https://contxto.com/en/mexico/mexican-fintech-delt-ai-raises-us25-million-in-cryptocurrencies/

15/02/2022

According to Juniper Research, it will be worth over $61 billion by 2026, up from $31 billion in 2022. It anticipates NB-IoT and LTE-M to be the growth engines, with low-cost connectivity and devices driving adoption in industries such as agriculture, smart cities, and manufacturing. Some of the growth in NB-IoT and LTE-M connections is likely to be attributed to migration from 2G and 3G networks.

https://telecoms.com/513460/cellular-iot-market-expected-to-double-by-2026

14/02/2022

If Data is the "new oil" Integration Platform as a Service (iPaaS) is the machinery you'll need to dig and tap it. The attractiveness of iPaaS is that it provides the necessary integration to connect and combine the data and operations of numerous business applications, as well as the apps themselves. When you consider that a business can have hundreds of cloud services, microservices, business applications, and third-party applications, iPaaS makes even more sense.

The recent SaaS boom has compelled iPaaS to mature and take responsibility for tasks such as data exchange, migration, replication, and even integration with the broader application environment. AI helps minimize the time between business moments and digital business insights by accelerating data integration with smart data mapping and revealing insights from an API ecosystem.

Source: https://sdtimes.com/cloud/as-applications-drive-business-ipaas-comes-of-age/

13/02/2022

In the human augmentation market, the market for non-body-worn human augmentation products is expected to grow at the fastest rate between 2021 and 2026.

Growing demand for wearable human augmentation devices in the healthcare sector, the recent introduction of AI-powered wearable devices, and rapid technological advancements such as the availability of fast processing chipsets, miniaturization of sensors, use of brain-computer interfaces, and nanotechnology evolution are some of the major factors driving market growth. However, the exorbitant expense of human enhancement equipment, as well as health concerns about AR and VR technology, are expected to stifle industry expansion.

https://www.fintechnews.org/human-augmentation-market-global-forecast-to-2026-wearable-devices-to-account-for-largest-size-of-human-augmentation-market-throughout-forecast-period-researchandmarkets-com/

11/02/2022

The Financial Stability Board's (FSB) progress report on the first year of the G20's push to improve cross-border payments, released recently, demonstrates that there is still much more work to be done. To increase economic growth, international trade, global development, and financial inclusion, making these types of transactions cheaper, faster, and safer should be a top focus. The fintech industry is largely responsible for the advances accomplished thus far.

https://thefintechtimes.com/behind-the-idea-form3/

11/02/2022

Data and analytics are important to the success of 92 percent of product decision-makers' enterprises. More than four out of five (86%) respondents believe that providing data and analytics to their consumers is crucial not only in terms of customer happiness, but also in terms of attracting and retaining loyal customers.

And, in terms of a direct link to the bottom line, 96 percent say personalized and tailored analytics may lead to an increase in average selling prices, with 46 percent saying they might charge 10-19 percent more for their products and services as a result of the analytics they give.

https://artificialintelligence-news.com/2022/02/07/product-decision-makers-data-analytics-critical-success/

A new study finds that companies offering data and analytics to their customers have a competitive advantage.

11/02/2022

Artificial intelligence and big data can help preserve wildlife.

A group of artificial intelligence and animal ecology experts has proposed a new, cross-disciplinary strategy to improve wildlife studies and make better use of the massive volumes of data already being collected thanks to modern technology.

https://www.sciencedaily.com/releases/2022/02/220208105313.htm

A team of experts in artificial intelligence and animal ecology have put forth a new, cross-disciplinary approach intended to enhance research on wildlife species and make more effective use of the vast amounts of data now being collected thanks to new technology.