Global investment in financial technology (fintech) ventures more than doubled in 2018, to US$55.3 billion, led by a surge in funding in China and strong gains in several other markets as investors placed larger bets in more mature startups, according to Accenture analysis of data from CB Insights, a global venture-finance data and analytics firm.
U.K. consumers’ trust in their banks is at the highest level since 2012, but the decision of some banks to increase digital-only interactions risks alienating customers of all ages, according to new research by Accenture.
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