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GlobalData
GlobalData

Insurance

Start-up aims to make millennials ‘DeadHappy’ with life insurance

Insurtech start-up ‘DeadHappy’ is looking to revolutionize life insurance by introducing its flexible, pay-as-you-go product, to a market lacking true innovation, according to GlobalData, a leading data and analytics company. The company is set to target younger generations, as GlobalData’s 2018 UK Insurance Consumer Survey found that only up to 17% of 18–25 year olds […]
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$43bn FIS and Worldpay merger creates new processing giant

Following the news of the merger agreement between Fidelity Information Services (FIS) and Worldpay, Bhavika Shah, Payments Analyst at GlobalData, a leading data and analytics company offers her view: “With the acquisition of Worldpay, FIS stands to drastically improve its position in the US market by combining the two companies’ complementary services. “In 2018, Worldpay processed […]
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Millennials are increasingly using ‘WeChat’ and ‘WhatsApp’ to discuss their investments with wealth managers

Almost 40% of millennials in Asia-Pacific were contacting their wealth managers via a chat application in Q2 2018, a 10 percentage point increase since 2017, says GlobalData, a leading data and analytics company. Using chat applications is one method that is increasingly used by millennials to discuss their investments with advisors. These applications offer a […]
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Over half of all UK bank customers prefer simple day-to-day balance alerts to sophisticated AI or robo assistance tools, says GlobalData

The majority of UK banking customers prefer day-to-day assistance with existing personal financial management (PFM) tasks like simple balance alerts, rather than more sophisticated financial planning tools such as robo-advisors or AI-driven virtual assistants, according to GlobalData, a leading data and analytics company. Image for publication: Click link for UK banking heat map The company’s […]
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All top 25 global economies set for growth in 2018

All of the top 25 global economies are set for growth in 2018, achieving an average growth rate of 2.8%, according to recent forecasts by , a leading data and analytics company. The top 3 fastest growing economies will be India, China and Indonesia, respectively. India’s GDP growth rate of 7.4% is being driven by […]
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Asia-Pacific presents growth opportunities for UnionPay, says GlobalData

China UnionPay (UnionPay), which has been depending on card acceptance for international expansion, has shifted its strategy towards card issuance outside its domestic market. Against this backdrop, Asia-Pacific region presents UnionPay a lot of opportunities for future growth, says leading data and analytics company . According to data from UnionPay, the Chinese financial services company […]
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