The fintech industry is rapidly evolving and disrupting traditional financial systems. In this article, we bring you the latest research insights to help you stay ahead of the curve and understand the future of financial technology. Enjoy researching!
ING’s Energy Outlook 2024: High ambitions, steadier speeds (ING THINK)
In the landscape of the energy sector for the year 2024, ongoing geopolitical volatility on commodity markets and other intricate hurdles obstruct the global deployment of renewable power. Within this complex background, it is crucial to note positive developments and discernible silver linings along the energy transition. Despite the challenges, these encouraging signs signal a potential for ongoing progress and present opportunities for positive transformations within the sector, hinting at a nuanced and dynamic path forward. Read more
One-in-three consumers falling victim to APP fraud – Visa (Fintech Global)
Research conducted by Visa indicates that rising levels of authorized push payments (APP) fraud in the UK are causing consumers to lose confidence in digital banking. APP fraud occurs when individuals are deceived into transferring money to fraudsters posing as genuine payees. Total losses due to APP scams exceeded £239 million in the first half of 2023, with one-third of those surveyed by Visa reporting falling victim to such fraud. The research found that nearly a fifth of those who fell victim to APP scams reported decreased confidence in digital banking, and over a third said it had a negative impact on their willingness to pay new payees. The findings highlight the need for improved fraud prevention measures in the financial industry. Read more
Do you have any news to share? Please put email@example.com on your press list.