Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

The Future of ESGTech: Goal 15 - Life on land

Hamish Monk Reporter at Finextra

The Future of ESGTech: Goal 15 - Life on land

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss. This is an extract from Finextra's The Future of ESGTech 2022 report. Like many other SDG topics, the issue of biodiversity and ecosystem preservation is far-r...

22 February 2022 /sustainable

4 ways fintech can halt environmental degradation

Hamish Monk Reporter at Finextra

4 ways fintech can halt environmental degradation

Responsible investing is becoming a top industry priority. By incorporating physical and transitional risks into capital allocation decisions, not only can long-term economic resilience be fostered, but the natural assets we rely on for ecosystem services – such as biodiversity – can be preserved. Unfortunately, the industry has not yet reached th...

21 February 2022 /sustainable

The Green Fintech Taxonomy: an industry response

Hamish Monk Reporter at Finextra

The Green Fintech Taxonomy: an industry response

On 29th November 2021, the Green Digital Finance Alliance (GDFA) and the Swiss Green Fintech network unveiled the world’s first green fintech taxonomy. By issuing a classification, the GDFA intended to further stimulate the green fintech market – giving policy makers, investors, and other market actors access to the firms more easily. The taxonomy...

15 February 2022 /sustainable

Chaos engineering: The art of failing gracefully

Hamish Monk Reporter at Finextra

Chaos engineering: The art of failing gracefully

A foray into the world of DevOps would be incomplete without a pitstop at chaos engineering, or – as Bola Rotibi, research director, software development and delivery, CCS Insight, calls it – the art of failing gracefully. So, what is it, how does it work, and why should financial institutions care about this apocalyptic-sounding, computer enginee...

10 February 2022 /devops

The Future of ESGTech: Goal 13 - Climate action

Hamish Monk Reporter at Finextra

The Future of ESGTech: Goal 13 - Climate action

Take urgent action to combat climate change and its impacts. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries. According to the Norwegian Refugee Council’s Internal Displacement Monitoring Centre (I...

03 February 2022 /sustainable

Lessons from A Space Odyssey: How to combat computer bugs

Hamish Monk Reporter at Finextra

Lessons from A Space Odyssey: How to combat computer bugs

Perhaps the most famous instance of a software bug in pop culture is Arthur C. Clarke’s HAL 9000, and its attempt to thwart Discovery One’s mission, in 2001: A Space Odyssey. Eventually, it is uncovered that the malevolent onboard computer malfunctioned because it was programmed against two opposing objectives: to divulge all its information, and ...

02 February 2022 /devops

The Future of ESGTech: Goal 10 - Reducing inequality

Hamish Monk Reporter at Finextra

The Future of ESGTech: Goal 10 - Reducing inequality

Reduce inequality within and among countries. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus target 10.5: Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations. As with many SDGs, the UN notes that the pandemic is likely to reverse some ...

27 January 2022 /sustainable

The future of digital banking in Asia: the ascent and impact of digital payments

Hamish Monk Reporter at Finextra

The future of digital banking in Asia: the ascent and impact of digital payments

Banks of the Asian region enjoy a particular advantage when it comes to digital payments. As a result of customers’ familiarity with app-based services, uptake is likely to remain strong in the coming years. This is an extract from Finextra's The Future of Digital Banking in Asia 2022 report. Sanjeev Jain, Citi’s Asia Pacific payments and receivabl...

11 January 2022 /payments

The future of ESGtech: Goal 5 - Gender equality

Hamish Monk Reporter at Finextra

The future of ESGtech: Goal 5 - Gender equality

Achieve gender equality and empower all women and girls. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus Target 5.5: Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life. Financial institutions have the potential to...

21 December 2021 /sustainable

Innovation in service: Supercharging Jersey’s sustainable finance offering

Hamish Monk Reporter at Finextra

Innovation in service: Supercharging Jersey’s sustainable finance offering

Keen to meet growing investor demands for transparency on the impact of their portfolios, private wealth managers and fund administration firms are increasingly utilising technology-based sustainable finance solutions to upscale their ESG practice. There are, however, some key challenges that need to be addressed, such as: how do we quantify these ...

13 December 2021 /sustainable

The future of wealth management: Benefits of innovation and digitisation

Hamish Monk Reporter at Finextra

The future of wealth management: Benefits of innovation and digitisation

This is an excerpt from Finextra's Research report 'The Future of Wealth Management 2022,' and is available for download via Finextra Research. Traditional and established wealth management operating models are increasingly under existential threat. Today’s investors do not want quarterly paper statements. They want instant access to their portfol...

01 December 2021 /wealth

Fixing finance from the ground up: The fight for afforestation

Hamish Monk Reporter at Finextra

Fixing finance from the ground up: The fight for afforestation

Deforestation in the Amazon rainforest just hit its highest level in over 15 years, despite Brazil – along with 100 other world leaders – promising to end deforestation by 2030, at Glasgow’s Climate Summit, COP26. According to official data from Brazil's space research agency, Inpe, 13,235 sq km has been lost during the 2020-21 period. This rate o...

29 November 2021 /sustainable

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