The global banking & payments industry experienced a 58% drop in company filings mentions of digital lending in Q4 2023 compared with the previous quarter, with the highest share accounted for by JPMorgan Chase & Co with 28% year-on-year increase, according to GlobalData’s analysis of over 970 banking & payments company filings. GlobalData’s Banking & Payments: Filings Trends & Signals Q4 2023 report delves into earnings call transcripts and quarterly reports within the industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.

Notably, digital lending was one of the most frequently referenced themes in Q4 2023, ranking highest in terms of mentions, ahead of health & wellness and cloud, according to GlobalData.

Of the top leading companies in the banking & payments industry, JPMorgan Chase & Co had the greatest increase in references for digital lending in Q4 2023, compared with the previous quarter. GlobalData identified 50 digital lending-related sentences in the company's filings - 2% of all sentences - and an increase of 28% in Q4 2023 compared with Q4 2022. Svenska Handelsbanken’s mentions of digital lending rose by 390% to 49 and Raymond James Financial’s by 9% to 47 and Erste Group Bank’s by 14% to 44 and Goldman Sachs Group’s by 2% to 43.

GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for digital lending in Q4 2023 was 108.

For further understanding of GlobalData's Banking & Payments: Filings Trends & Signals Q4 2023, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.