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US Leads 2024 Research Budgets Rebound; FCA’s New Rules Could Impact Europe

The Fintech Times

Investment research budgets are increasing in 2024, particularly in the US, signalling a market rebound, but the potential implementation of the Financial Conduct Authority’ s (FCA) new payment rules could further reshape spending dynamics and competitive practices in Europe. ” What is MiFID II?

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New Research: 58% of Fintechs Now Offer Open Banking Payments as Adoption Rates Continue to Surge

Fintech Finance

Since its launch in 2018, the adoption of Open Banking payments has also grown among lenders, building societies, and credit unions, with 42%, 17%, and 11% of these businesses respectively listing it on their websites. Just over a third (34%) currently use it to make payments in financial services, while 22% would like to do so in the future.

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JPMorgan Boosts Apple Price Target On Strong iPhone 11 Demand

PYMNTS

Independent research conducted by Wall Street analysts showed that first-weekend sales point to a healthy start and could offset the reduced pricing of the iPhone 11. Although bargains from Chinese retailers have hurt demand for the iPhone , the region had the third largest sales volume for Apple products in 2018.

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Researchers Find Over 2 Billion Records Exposed In Orvibo Data Breach

PYMNTS

In a reported leak of billions of user records in a smart home data breach, researchers have found that a database that belongs to Chinese firm Orvibo has been left open without a password for protection. The research found that shoppers worldwide bought 663 million smart home devices in 2017 and that number is said to rise in 2023 to 1.94

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5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".

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26 Unicorn Companies That Exited In 2018

CB Insights

From e-commerce to software to payments, several companies with $1B+ valuations exited in 2018. Using CB Insights data, we identified the startups with a $1B+ valuation that exited in 2018. We’ve also covered 2018’s 14 European unicorns , 37 Chinese unicorns , and 55 US unicorns.). Meituan Dianping. Meituan Dianping.

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Bitcoin Daily: Researchers Say Crypto Needs Global Rules To Prevent Market Collapse; China To Include Blockchain In Tech Infrastructure

PYMNTS

Two law researchers say regulators should take the cryptomarket into serious consideration, according to an Oxford Law blog post. The researchers noted that digital currencies have a “salient advantage” in their decentralization. In 2018, it inked a deal with the China Development Bank to offer 100 billion yuan ($14.1