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

The Future of Digital Identity 2022: Global schema for digital identity wallets

Paige McNamee Senior Reporter at Finextra

The Future of Digital Identity 2022: Global schema for digital identity wallets

This is an excerpt from Finextra’s report, ‘The Future of Digital Identity 2022: Inclusive, secure, fit for purpose.’ Data taken from Oliver Wyman’s report ‘Digital Trust: How banks can secure our digital identity’ EU: Currently a coordinated effort to bring digital identity to the European Union. To meet the objective of 80% adoption all EU member...

16 May 2022 /identity

Banks are winning the war for talent and employees are the victors

Retired Member

Banks are winning the war for talent and employees are the victors

It seems almost quaint now how animated we used to get about feisty Fintechs taking on lumbering legacy banks. These days the distinctions have blurred. Digitisation, accelerated by the pandemic, has consumed everything from cashless payments to KYC compliance. As a result the line where pillar bank stops and disruptive challenger starts is less cl...

13 May 2022 /people

The Future of Regulation: Fintech's persistent dearth of diversity

Paige McNamee Senior Reporter at Finextra

The Future of Regulation: Fintech's persistent dearth of diversity

Fintech has been found to bear a systemic gender diversity problem. This imbalance has been seen to play out severely across venture capital where female founders have received just 1.3% of all VC funding in Europe since 2017. For such a progressive industry, why are these discrepancies persisting, and should regulators do more to improve these s...

12 May 2022 /inclusion

The Westminister Series: What does the Queen’s Speech have in store for Fintech?

Chris Holmes Peer at House of Lords

The Westminister Series: What does the Queen’s Speech have in store for Fintech?

The most obvious place to start is the Financial Services and Markets Bill, introduced to “strengthen the United Kingdom’s financial services industry, ensuring that it continues to act in the interest of all people and communities”. Financial services are vital to the UK economy, employing more than 2.3 million people across the UK, and contribut...

11 May 2022 /regulation

Why software engineers will never be replaced With NoOps

Rob Zuber CTO at CircleCI

Why software engineers will never be replaced With NoOps

NoOps (no operations) is the concept that an IT environment can be automated and abstracted enough from the underlying infrastructure that there is no requirement for a dedicated team to manage its software in-house. In 2019, global consultancy Deloitte listed NoOps among its tech trends to watch out for, declaring it the “next state in the evolut...

11 May 2022 /cloud

Madhvi Mavadiya Head of Content at Finextra

Do you need cloud?

There is no doubt that cloud offers several benefits for banks – better customer experience, increased security, faster processing, greater scalability, regulatory compliance, and lower costs. However, it is also no secret that the financial industry has been slow to adopt cloud technology because of concerns around sacrificing legacy on-premises a...

10 May 2022 /cloud

The Future of Regulation: Time for ESG consolidation and cooperation

Paige McNamee Senior Reporter at Finextra

The Future of Regulation: Time for ESG consolidation and cooperation

This is an extract from Finextra's 'The Future of Regulation 2022' report. At COP26 in Glasgow, the formation of a new International Sustainability Standards Board (ISSB) was announced, with the intention of developing a comprehensive global baseline of high-quality sustainability disclosure standards to meet investors’ information needs. The anno...

09 May 2022 /regulation

Madhvi Mavadiya Head of Content at Finextra

How cloud works

Kicking off the Finextra Financial Cloud Series, we will be stripping back the subject of cloud and answering commonly asked questions. How does the cloud actually work? Vox’s Re/code addressed this question as part of its Too Embarrassed to Ask series, highlighting that the technology industry likes to create and use buzzwords that can be “nebulo...

09 May 2022 /cloud

Salary scales indicate it’s a great time to be in tech

Barry McCall Journalist at Jobbio

Salary scales indicate it’s a great time to be in tech

Demand for skilled IT professionals continues to rise with no sign of a let up. Specialist roles like scrum master, DevOps engineers, and network cloud architects are no longer the sole preserve of the software industry as organisations across the world accelerate their digitalisation programmes in response to the changed market landscape and alte...

06 May 2022 /people

The Future of Regulation: Building dynamic consumer protection schemes

Paige McNamee Senior Reporter at Finextra

The Future of Regulation: Building dynamic consumer protection schemes

Against the backdrop of fundamental, wide-reaching change into the digitisation of financial services, is the need to ensconce the consumer in regulatory protections so that they are not unduly exposed to risk that naturally accompanies the emergence and adoption of new technologies. We've seen the reinforcement of new and existing trends across f...

05 May 2022 /regulation

P27 defines NextGen Nordic payments innovation

Retired Member

P27 defines NextGen Nordic payments innovation

Harmony is a rare quality in today’s world, where dissonance seems to be the rule. But you can find it if you look and listen. For example, as the NextGen Nordics conference got underway last week, harmony was clearly on display and celebrated. Because the Nordics have achieved something no other region of the world has done. It has established a ...

03 May 2022 /payments

Stablecoin Regulation: different approaches in the EU, UK, USA

Peter Stewart Associate (Barrister) at Cooke Young & Keidan LLP

Stablecoin Regulation: different approaches in the EU, UK, USA

i. What are stablecoins? Stablecoins are a subset of crypto-asset, which vary considerably in design, but whose purpose is to maintain a stable value, by reference to other assets. There are two broad sub-sets of stablecoin, “Collateralised Stablecoins” and “Algorithmic Stablecoins”. Collateralised stablecoins are designed by pegging against reser...

28 April 2022 /regulation

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