Financial services

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Mobile payments fail to impress so far this holiday season: report

December 8, 2015

Mobile wallet platforms did not fare well during this year’s Black Friday retail frenzy, most likely due to do inconsistency with retailers and consumer use, with Apple Pay at its lowest usage rate and PayPal being used more than others, according to a report from InfoScout.

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Asia, Middle East, Africa fastest growers for UHNW segment: Wealth-X

December 2, 2015

The global ultra-high-net-worth population is larger than ever and will continue to grow, according to a new report by Wealth-X and UBS.

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Family friction perceived as biggest wealth management obstacle: report

November 16, 2015

Family disputes are the largest hurdle for achieving financial goals, but communication can make things easier, according to a new report by SEI Private Wealth Management and Scorpio Partnership.

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American Express, Airbnb collaborate to simplify bookings

November 3, 2015

Credit provider American Express has partnered with home-sharing service Airbnb to offer card members an on-platform loyalty program.

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Vincast uncorks wine data to aid collectors’ investment portfolios

October 9, 2015

Vincast, a digital tool for wine lovers, is helping connoisseurs maintain their collections through investment-grade analytics.

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Why 40pc of independent retailers will not provide contactless payment

September 1, 2015

Independent retailers are still slow to adopt mobile payment services as the majority of consumers are not asking for it, with over 40 percent of businesses uninterested in ever introducing contactless payment options, according to a report by Lightspeed POS.

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Millennials’ wealth management preferences differ from boomers: report

August 14, 2015

Millennial investors have different preferences compared to their baby boomer parents when it comes to wealth management, according to a new report by Luxury Institute.

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What does the Chinese currency devaluation mean for the luxury industry?

August 12, 2015

China’s devaluation of its renminbi is intended to boost the country’s slouching trade, but the impact of the altered exchange rate will likely extend to the luxury industry.

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American Express banks on mobile to recruit top-notch digital talent

August 7, 2015

American Express is working diligently to offer a slew of mobile features for anyone applying for an open position, including the ability to refer a friend via LinkedIn, to conduct an interview with prewritten questions on mobile and the use of gamification modules for some interviews.

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Digital media key to aiding affluent millennials’ financial needs, says Martini

July 31, 2015

Despite a stabilized United States economy, many affluent consumers are still financially weary and on average spend more than two months researching a product before making a purchase, according to a new Martini Report.

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