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

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

Why do we need quantum-resistant encryption?

Níamh Curran Senior Reporter at Finextra

Why do we need quantum-resistant encryption?

This next edition of our Quantum Series, which highlights the key issues in the developing world of quantum computing, focuses in on quantum-proof encryption. Earlier this year, the White House released a memorandum which laid out a goal for government departments to adopt quantum-resistant encryption to mitigate risks associated with the technol...

29 September 2023 /devops

Why dual-promotion is the best way to get ahead

Retired Member

Why dual-promotion is the best way to get ahead

Wouldn’t it be great if you only had to focus on your work to get ahead? If you didn’t need to advocate for yourself to get the credibility and visibility you need to receive a promotion? Unfortunately, that is not reality. Focusing on your performance alone is no guarantee that you will be rewarded and recognised. If you are lucky, you will meet s...

29 September 2023 /people

Why strong client returns are essential for sustainability momentum

Scott Hamilton Contributing Editor at Finextra Research

Why strong client returns are essential for sustainability momentum

Put six experts in the fields of sustainability, social awareness, and finance on a stage and you’ve got a lot of firepower for a lively and productive discussion. That was the case during one SIBOS 2023 session: ‘The 2+2=5 effect: Joining forces to achieve more in ESG.’ Amruta Kelkar, partner, climate and sustainability issues in financial se...

28 September 2023 /Sibos

How to reduce payments risk by identifying sanctioned banks before transacting

Edward Metzger Vice President, Payments Efficiency at Lexis Nexis Risk Solutions

How to reduce payments risk by identifying sanctioned banks before transacting

The war in Ukraine unleashed unprecedented sanctions against Russia, pushing sanctions activity to new heights in the first half of 2022. Lists maintained by the four key regulators – the United Nations (UN), European Union (EU), Office of Foreign Assets Control (OFAC), and the Office of Financial Sanctions Implementation (OFSI - UK) changed const...

27 September 2023 /security

Why the Electronic Trade Documents Act is the most important law you have never heard of

Chris Holmes Peer at House of Lords

Why the Electronic Trade Documents Act is the most important law you have never heard of

On 20th September, the Electronic Trade Documents Act came into force. I have written here before about why the Electronic Trade Documents Bill was one of the most important bills you had never heard of: “Not only will this bill make trade faster, cheaper, and greener, it is an English law model of how to legislate for technology through specific ...

26 September 2023 /regulation

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

ISO 20022: Only 15% of messages have migrated, will JP Morgan change the tide?

Madhvi Mavadiya Head of Content at Finextra

ISO 20022: Only 15% of messages have migrated, will JP Morgan change the tide?

In conversation with JPMorgan’s Masayuki Tagai, managing director, industry issues, payments, and Ciaran J. Byrne, executive director, global head of product payments, global clearing at Sibos 2023 in Toronto, Finextra explored how ready the world is for native adoption of ISO 20022 and how the bank is working towards implementing the standard acr...

22 September 2023 /Sibos

UK Fintech stays a safe bet for tech workers

Aoibhinn Mc Bride Content Editor at Jobbio

UK Fintech stays a safe bet for tech workers

Despite remaining the centre of European fintech investment and attracting more funding than any other country in the EMEA region, London has witnessed a 57% decline in fintech investment in the past year. According to data compiled by KPMG, investment dropped to £4.6 billion in the first half of 2023 compared to the £10.8 billion witnessed in 2022...

22 September 2023 /people

How to effectively rollout ISO 20022: A guide for SMEs

Rosie McConnell Product Director at IFX Payments

How to effectively rollout ISO 20022: A guide for SMEs

ISO 20022 was introduced in 2004, and since then institutions have taken varying approaches to manage this transformative change. In June 2023, CHAPS and the Bank of England’s real time gross settlement system (RTGS) migrated to ISO 20022 in an ambitious big bang mode, mandating that payment instructions contain at least the prior minimum required...

21 September 2023 /Sibos

Is 'ethical AI' deeply complex or just a contradiction in terms?

Scott Hamilton Contributing Editor at Finextra Research

Is 'ethical AI' deeply complex or just a contradiction in terms?

What if everyone could cover one point of view, switch to an opposing take on the situation, explain both, and conclude by explaining their personal opinions on the topic? And do it all in 45 minutes? Almost sounds like a job for a super-human, right? Or for artificial intelligence perhaps? Several dozen of Sibos 2023 conference’s estimated 8,000-p...

21 September 2023 /Sibos /ai

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