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Sector Analysis
Canada Wealth Management - High Net Worth (HNW) Investors 2022
In Canada, the HNW population is dominated by men. While the proportion of female HNW investors is relatively low, it is slowly evolving, especially as female HNW investors form an increasingly attractive target segment. This can mainly be attributed to the increase in the share of women in the upper echelons of management, aided by initiatives to increase gender diversity on boards and in executive positions. The Canada wealth management market report sizes the opportunity within Canada's wealth market and...
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Sector Analysis
Germany Wealth Management - Market Sizing and Opportunities to 2026
Germany wealth management market research report analyzes Germany’s wealth and retail savings and investments markets. It details the overall affluent market size (both by the number of individuals and the value of their liquid assets) and provides analysis of the factors driving liquid asset growth, across deposits, mutual funds, equities, and bonds.
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Analyst Opinions
Square - Enterprise Tech Ecosystem Series
The annual ICT spending of Square was estimated at $199.0 million for 2020. A major share of this spending is earmarked for acquiring software, consulting, and hardware from vendors. Square is a financial technology company whose tools help businesses and individuals become part of the fintech ecosystem. The company revolutionized the payment industry in 2009 by launching Square Reader, making it possible for anyone to accept card payments using their smartphone or tablet. Square specializes in providing payment processors and...
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Analyst Opinions
Fintech 3.0 - The Revolutionary Impact of Technology in Banking
Open banking stands out to be the game-changer in the banking sector’s digital transformation due to the API innovations driven by the rise of fintech-bank collaborations. Some of the innovations enabled by opening the APIs of banks to third-party providers (TPPs) are automated onboarding, smart budgeting, account aggregation, automated accounting, and credit risk assessment. Digital-only banks are increasingly the preferred route for banking, predominantly among millennials because of their strong attachment to smart devices. Contactless payments have garnered significant traction...
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Analyst Opinions
ELV - Competitor Profile
ELV is an electronic direct debit system in Germany. Launched in the 1980s by a group of merchants, it accounted for 5.8% of the country’s non-cash transaction volume in 2019. It is a popular payment solution in Germany for both in-store and online payments and is an alternative payment option for customers who do not like using credit cards online to pay for products or services. In-store ELV payments are carried out at POS terminals using debit cards. The customer’s...
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Company Insights
New Zealand Wealth Management - Market Sizing and Opportunities to 2026
New Zealand’s affluent population (including HNW and mass affluent individuals) registered an average annual growth rate (AAGR) of more than 6% over 2016–19. This positive performance hit a roadblock in 2020 due to the outbreak of COVID-19, which caused widespread economic turmoil and global financial markets to crash. Yet New Zealand’s successful COVID-19 elimination strategy in 2020 helped minimize economic damage and drive a faster recovery. The New Zealand wealth management market research report analyzes New Zealand wealth and retail...
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Company Insights
Ondot Systems - Competitor Profile
Launched in 2011, Ondot Systems is a US-based provider of card management, payments monitoring, and customer engagement solutions. It offers card control and alert solutions to financial institutions, enabling their card holders to control the usage of their debit, credit, and prepaid cards by setting specific parameters. These include limits on spending; use by channels such as in-store, online, and mail order; and use for merchant categories such as groceries, gas, entertainment, and travel. The company supports Visa- and Mastercard-branded...
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Company Insights
Starbucks Mobile Wallet - Competitor Profile
Starbucks - one of the world’s most popular coffee chains - launched Starbucks Mobile Wallet (or Starbucks Mobile App) in September 2009, enabling users to make in-store payments at Starbucks outlets on a closed-loop basis. To make a payment, users need to open the barcode on their mobile app and scan it at a Starbucks terminal. The amount is deducted from the user’s wallet balance. The solution was initially launched in select locations and to select users in the US....
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Sector Analysis
Italy Cards and Payments - Opportunities and Risks to 2024
GlobalData’s 'Italy Cards and Payments - Opportunities and Risks to 2024' report provides detailed analysis of market trends in the Italian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2016-20e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes...
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Company Insights
Amex Express Checkout - Competitor Profile
Amex Express Checkout is an online payment solution developed by American Express. Launched in 2015, it allows American Express card holders to checkout faster on merchant websites and apps by using stored card details and billing addresses. To use the service and make payments, American Express card holders need an online account containing their card and billing details, a user ID, and a password. At checkout, users select Amex Express Checkout, log in with their user ID and password, choose...