DevOps - Long Reads, News, Articles & Research: Finextra

What are eSIMs and what can they do?

eSIMs are a recent trend that have taken the world by storm. Short for embedded Subscriber Identity Module, eSIMs are designed as an alternative to the physical, plastic SIMs that you slot into your phone. SIMs hold your mobile number and allow you to send texts and receive calls on your phone. SIMs ease the process of changing your phone, but can ...

27 March 2024 /devops

How is generative AI democratising the availability of banking services?

Dominique Dierks Content Manager at Finextra

How is generative AI democratising the availability of banking services?

Generative AI’s potential is vast, and there are opportunities for this technology to improve customer experience, enhance decision-making, increase colleague productivity and streamline processes. However, there is a need for oversight and ethical considerations – as there is with all types of AI – such as addressing inherent bias in data and ens...

19 March 2024 /devops

Sehrish Alikhan Reporter at Finextra

What are AI chatbots?

The hottest trend in tech and financial services has been artificial intelligence (AI) and its infinite potential to revolutionise and transform the industry to make it more efficient, reliable, secure, and accessible. However, as AI grows in popularity, fear of the sentient AI also lurks in the back of many minds. Not exactly the apocalyptic Termi...

07 March 2024 /devops

Why data is the backbone of predictive AI

Dominique Dierks Content Manager at Finextra

Why data is the backbone of predictive AI

With the launch of ChatGPT in November 2022, a new wave of AI enthusiasm was kicked off that primarily centred around the capabilities and possibilities of generative AI. Signifying a transformational moment in AI technology and smoothing the ease of access to AI, many financial institutions have since started looking at how generative AI can be a...

07 March 2024 /devops

Duncan Cooper Chief Data Officer, Asset Servicing at Northern Trust

What are the key data trends for 2024?

Everything about financial services is driven by data. It is data that we consume, data we produce and data that we deliver to our customers. The proliferation of data raises endless questions and opportunities for analysis. Here I will explore questions across four categories of data that are top of mind for 2024, and identify a fifth category tha...

13 February 2024 /devops

Why developers are the most susceptible to burnout

Madhvi Mavadiya Head of Content at Finextra

Why developers are the most susceptible to burnout

83% of software developers feel burnout from work. Almost overnight, the world made the switch to digital for a multitude of processes in 2020 and the increased workload this created for developers was not considered. At the time computer scientist Junade Ali designed a study that revealed the high rate of concern developers have for software rel...

30 January 2024 /devops

What is the SEPA Payment Account Access Scheme?

Níamh Curran Senior Reporter at Finextra

What is the SEPA Payment Account Access Scheme?

Truelayer became the first participant in the SEPA Payment Account Access Scheme (SPAA), building on open banking initiatives. The SPAA programme goes beyond PSD2 compliance and creates further opportunities in open banking. Yet not much has been discussed on what this scheme’s intentions are and what impact It might have on the open banking mark...

18 January 2024 /devops

Open banking year six: JROC’s priorities and the UK’s future roadmap

Madhvi Mavadiya Head of Content at Finextra

Open banking year six: JROC’s priorities and the UK’s future roadmap

On 13th January 2018, open banking was launched in the UK after PSD2 legislation forced service providers to improve customer authentication and security processes. Since then, the UK’s largest account providers were able to make the most of their financial data and securely access services from a wider range of companies that better meet their ne...

15 January 2024 /devops

How new European and US Open Banking rules will change the financial landscape

Scott Hamilton Contributing Editor at Finextra Research

How new European and US Open Banking rules will change the financial landscape

The 'Open Banking' movement – described by Scarlett Sieber in Forbes as “the plumbing and piping of your institution that acts as an enabler to allow you to partner with third parties like fintechs” – can be hard to define given its different approaches and elements in specific regions and countries across the globe. Europeans point proudly, and r...

28 November 2023 /devops

Banking on value: Financial institutions deserve more from their data

Retired Member

Banking on value: Financial institutions deserve more from their data

In 2006, Clive Humby famously declared that “data is the new oil”. The eye-catching quote perfectly surmised the immense potential value of data as it was understood at the time. Since then, that potential has only grown, particularly within the realm of financial services. For many banks and financial institutions, data has become a cornerstone f...

17 November 2023 /devops

Generative AI’s next generation: Enter the agents

Joseph Lo Head of Enterprise Platforms at Broadridge

Generative AI’s next generation: Enter the agents

What seemed like science fiction a year ago is now business as usual in the realm of artificial intelligence. As generative AI enters its second year, a new game-changer emerges — GPT agents. Introduced at the recent OpenAI DevDay, these agents take Large Language Models (LLMs) to the next level, not just processing information but also shaping ou...

15 November 2023 /devops

How is space data being applied in fintech to address climate change?

Sehrish Alikhan Reporter at Finextra

How is space data being applied in fintech to address climate change?

Addressing climate change and achieving net zero targets has become increasingly critical in the fintech sector. Corporations are being held responsible by regulators, stakeholders, and clients to actively work towards sustainability and be transparent in the environmental impact of their operations. With the advent of artificial intelligence (AI)...

01 November 2023 /devops

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