Company · UN · 13 documents
Artificial intelligence adoption in fintech enhances operational speed in credit scoring, insurance risk assessment, and fraud detection, but creates algorithmic opacity known as the black box dilemma.
The 2023 IBM Cost of a Data Breach Report identified average breach costs in the financial sector exceeding USD 5.9 million per incident.
Egyptian FinTech investment is projected to increase from $15M – $20M in 2020 to $350M – $600M in 2025.
The document dataset involved 177 authors with an average citation rate of 18.79 per document and an average age of 3.56 years.
The population of the study comprised 2090 employees of deposit money banks in Anambra State, Nigeria.
The global FinTech market is projected to reach 938–1250 млрд дол. США in the 2026–2035 period.
Retail banking delivered an annual return of 15.83 percent compared to minus 23.18 percent for FinTech disruptors.
If digital currencies continue to gain traction, up to $13 trillion in transaction value could shift to alternative payment methods by 2030, putting an estimated $13 billion in payment fees at risk.
Spot bitcoin ETFs gathered $33.56 billion in assets following their launch in the U.S. in 2024.
In 2023, 4.2 percent of U.S. households—representing about 5.6 million households—were unbanked.
In 2023, 4.2 percent of U.S. households, representing about 5.6 million households, were unbanked.
In 2023, 63 per cent of survey respondents paid by debit card for their last in-store purchase, while 9 per cent paid using a card in their mobile phone.
Software and cloud giants with valuations above $100B lost approximately ~35% of their market capitalization.
