Banking Transformation: The New Agenda
Only 24% of surveyed banks report being highly successful in achieving their cost reduction goals.
169 documents
Only 24% of surveyed banks report being highly successful in achieving their cost reduction goals.
Handling inbound calls to customer service centers can cost billers between $25 to $50 an hour.
Israeli cybersecurity total funding reached $5.1 billion across 136 rounds in 2025.
The Nasdaq Composite Index grew 38% over the last twelve months, adding $8.4 trillion in market capitalisation.
US venture deal activity reached 3,775 completed deals in Q3, putting total full-year deal value on track for $175.2 billion.
Over 100 central banks around the globe are exploring central bank digital currencies to modernize payment systems.
Total global fintech investment across VC, PE, and M&A fell from $62.3 billion across 2,287 deals in H2’23 to $51.8 billion across 2,254 deals in H1’24.
Central banks must develop a long-term vision for monetary and payment systems spanning a time horizon of at least 5 to 10 years as economic digitalization accelerates.
ChatGPT acquired more than 100 million active users within two months of its launch on November 30, 2022.
In March 2023, the European Commission committed to reducing reporting requirements by 25% to reduce red tape and strengthen European competitiveness.
Total global fintech investment dropped to $113.7 billion across 4,547 deals in 2023.
The Banque de France baseline scenario projects the French economy to grow by 2.3% in 2022, down from 3.6% at the start of the year.
Software and cloud giants with valuations above $100B lost approximately ~35% of their market capitalization.
Microsoft represents c. 55% of total market value among software and cloud companies above $100bn in market cap.
Global fintech investment across M&A, PE, and VC reached $135.7 billion across 2,693 deals in 2019.
Venture capital investment in private cloud companies in Europe and Israel reached $9-9.5bn YTD 2020, up from $7-7.5bn in 2019 YTD.
The IMF note examines the institutional frameworks for fintech regulation and supervision across 10 selected jurisdictions.
In May 2019, major crypto exchange Binance suffered a cyberattack resulting in $41 million in Bitcoin being stolen.
Accel has invested $3.8bn across 225 SaaS companies globally.