Appearing naturally as the result of global digitalization, Neobanks are becoming increasingly trusted by consumers in many parts of the world. The number of digital-only banks at the end of 2020 had increased at least 4 times compared to two years earlier. Moreover, as consumers transfer their banking transactions…
Banking services are going digital, and the consumer adoption rates of Neobanking are rising: new yStats.com report. The new report from Germany-based market intelligence firm yStats.com, “Global Neobanking Market and Trends 2021” offers a comprehensive overview of the new developments in the Neobanking market worldwide and provides insights into future…
Countries across the globe differ dramatically in terms of the Open Banking development level, with many markets still either only considering it or even completely resisting the system. However, those markets which chose to open their banking systems, either followed the regulatory approach modelled by Europe or were prompted…
The new report from Hamburg-based market intelligence firm yStats.com, “Global Open Banking Market and Trends 2021” offers a comprehensive overview of the new developments in the Open Banking market worldwide and provides insights into future industry developments. Among other findings, the publication reveals that despite the resistance of consumers in…
According to a 2021 survey, almost 40% of respondents signed up for new services during the pandemic, as they expected these services would help them to better navigate these difficult times. For example, in the United Kingdom, around 20% of the new box subscribers chose this option because they…
The latest publication from Germany-based online research firm yStats.com, “Global Subscriptions and Recurring Payment Market 2021” provides insights into the current state and advances of the subscriptions and recurring payment markets worldwide. Among other findings, the publication reveals that despite moderate growth rates of the subscriptions market in the next…
Both globally, and in Europe specifically, “Boxes”, “Video”, and “Multiservice subscriptions” were the top three categories for consumers to have a subscription in 2020 and in 2021 and were expected to remain the leaders in 2025. Additionally, while in Europe the ranking was expected to stay the same in…