Madhvi Mavadiya - Community Author: Finextra Research

Autumn Statement 2023: Fintech vs. Jeremy Hunt?

Madhvi Mavadiya Head of Content at Finextra

Autumn Statement 2023: Fintech vs. Jeremy Hunt?

In 2022, the UK chancellor of the exchequer Jeremy Hunt planned to “turn the United Kingdom into the world’s next Silicon Valley.” A year on, the Hunt’s Autumn Statement opened with a comment on how “the work is not done,” but the UK government would focus on “reducing debt; cutting tax and rewarding hard work; backing British business; building...

27 November 2023 /retail

How to move to the public cloud and achieve economies of scale

Madhvi Mavadiya Head of Content at Finextra

How to move to the public cloud and achieve economies of scale

Given perceived risks, the security and cost benefits of moving to a cloud-based system were often overlooked, with some financial institutions believing that cloud deployments will result in more overall risk than traditional systems. However, over the last few years, the more a bank takes the time to understand the cloud services available, the ...

22 November 2023 /cloud

AI: Here's what every bank in the world is working on

Madhvi Mavadiya Head of Content at Finextra

AI: Here's what every bank in the world is working on

Here is a comprehensive list of where each bank is at with their respective artificial intelligence strategy, providing the most recent AI developments across 50 of the largest banks in North America, Europe, and Asia, so bookmark it and use it as a reference tool. According to the annual Evident AI Index, JPMorgan Chase is the most mature when it...

20 November 2023 /payments

2024 fintech trends and Finextra’s predictions for the new year

Madhvi Mavadiya Head of Content at Finextra

2024 fintech trends and Finextra’s predictions for the new year

Launching today, Finextra’s PREDICT 2024 channel will gather insights and ideas from the industry's top thought leaders, capturing how the financial services industry will tap into technology trends in 2024 and these predictions will be shared with our 800,000 monthly readers. From November 2023 to March 2024, Finextra will be hosting video inter...

20 November 2023 /predictions

The King’s Speech: What does it mean for the future of fintech?

Madhvi Mavadiya Head of Content at Finextra

The King’s Speech: What does it mean for the future of fintech?

During his first speech as part of the State Opening of Parliament as monarch, King Charles defined and summarised the UK Government’s, and notably, Prime Minister Rishi Sunak’s priorities, for 2024 ahead of the next general election. Ministers intend to pass 21 laws across social changes, energy and environment, housing, policing, crime and justi...

08 November 2023 /retail

AI Safety Summit: What happened at Bletchley Park?

Madhvi Mavadiya Head of Content at Finextra

AI Safety Summit: What happened at Bletchley Park?

Leaders from across the world gathered in the land of concrete cows and roundabouts for the first ever global summit on artificial intelligence (AI) in early November 2023. Notable attendees such as X founder Elon Musk, UK Prime Minister Rishi Sunak and of course, will.i.am, were welcomed to Bletchley Park in Milton Keynes, Buckinghamshire, once t...

06 November 2023 /security

Madhvi Mavadiya Head of Content at Finextra

How serious is the danger of AI?

Fear around AI continues to dominate headlines, and most recently, the Financial Times published an interview with Securities and Exchange Commission (SEC) head Gary Gensler, who stated that without AI regulation, it is “nearly unavoidable” that the technology will be the catalyst for the next financial crisis. Referencing the challenge that most...

17 October 2023 /security

Why banks are pivotal to financing sustainable cities

Madhvi Mavadiya Head of Content at Finextra

Why banks are pivotal to financing sustainable cities

This is an excerpt from 'The Future of ESGTech 2024' report. What is sustainable finance? Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and ...

17 October 2023 /sustainable

World Mental Health Day: Financial services are a universal human right

Madhvi Mavadiya Head of Content at Finextra

World Mental Health Day: Financial services are a universal human right

This year, the World Federation for Mental Health (WFMH), the founder of World Mental Health Day, is recognising its 75th anniversary and this year’s official theme, ‘Mental Health is a Universal Human Right.’ Poor mental health can have a substantial impact on how an individual manages their money, and as the charity Mind explains, worrying abou...

09 October 2023 /startups

How to unlock the full potential of post-trade data and reshape the securities market

Madhvi Mavadiya Head of Content at Finextra

How to unlock the full potential of post-trade data and reshape the securities market

In Ann Magnusson, head of institutional banking, SEB’s view, “the post-trade securities business remains largely non-transparent with regards to the parties involved in a transaction.” She explained that while Standard Settlement Instructions (SSIs) are created by two parties to a trade with the counterparty’s SSIs for settlement in the specific m...

03 October 2023 /Sibos

How do you solve a problem like payments infrastructure?

Madhvi Mavadiya Head of Content at Finextra

How do you solve a problem like payments infrastructure?

Highlighting 2023 as a defining year for core banking innovation, a recent Finextra and CGI roundtable held at Sibos in Toronto, Canada, featured 15 leading voices from a range of global banks who debated the need for payments-as-a-service (PaaS) and the complexities of outsourcing business critical operations to firms outside of the financial ser...

02 October 2023 /Sibos

Future of Fintech in Latin America 2023: Local tech industries to gain from increased cloud activity

Madhvi Mavadiya Head of Content at Finextra

Future of Fintech in Latin America 2023: Local tech industries to gain from increased cloud activity

This is an excerpt from The Future of Fintech in Latin America 2023 report. According to S&P Global Market Intelligence research, Latin America presented itself as a “propitious location for cloud industry developments” before the events of 2020. The article continued to explore how “the underserved status of the region, its large population (...

25 September 2023 /cloud

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