Madhvi Mavadiya - Community Author: Finextra Research

Should credit models that offer greater financial inclusivity be created?

Madhvi Mavadiya Head of Content at Finextra

Should credit models that offer greater financial inclusivity be created?

This is an excerpt from The Future of Fintech in the UK 2023: An Innovate Finance Global Summit and UK Fintech Week special edition' report. Sugihara also mentioned that millions of borrowers across the UK continue to be locked out of mainstream credit or are forced to accept credit products that don’t suit their needs, may be inappropriate, or th...

19 April 2023 /inclusion

Will the CFIT tackle growth barriers and accelerate the UK fintech sector?

Madhvi Mavadiya Head of Content at Finextra

Will the CFIT tackle growth barriers and accelerate the UK fintech sector?

The Centre for Finance, Innovation and Technology (CFIT), a UK quango charged with unblocking barriers to growth for fintech, has opened a National Hub in Leeds. The creation of the CFIT was a key recommendation of the 2021 Kalifa Review of UK Fintech. HM Treasury gave the green light to the project in the 2021 Spending Review, allocating £5 milli...

18 April 2023 /startups

Will SVB’s collapse and Credit Suisse’s bailout result in increased spend on risk management?

Madhvi Mavadiya Head of Content at Finextra

Will SVB’s collapse and Credit Suisse’s bailout result in increased spend on risk management?

SVB UK has been sold to HSBC and continues to exist as a legal entity. For technology companies and their investors, now is the time for reflection and preparing for any future risk of a similar collapse. According to Allen & Overy, the “collapse of SVB at the heart of the global tech ecosystem was a surprise to many in the industry. It highli...

13 April 2023 /regulation

What does the future hold for fintech investment in the UK?

Madhvi Mavadiya Head of Content at Finextra

What does the future hold for fintech investment in the UK?

Fintech investment across Europe, the Middle East and Africa fell from $79 billion across 2,379 deals in 2021 to $44.9 billion across 1,977 deals in 2022, according to KPMG’s biannual analysis of global fintech investment, the ‘Pulse of Fintech’ report. Further, total UK fintech investment hit $17.4 billion in 2022, down from $39.1 in 2021. This i...

13 April 2023 /markets

Banking and fintech movers and shakers: World Bank, CFIT, PayPal and more

Madhvi Mavadiya Head of Content at Finextra

Banking and fintech movers and shakers: World Bank, CFIT, PayPal and more

Here’s a recap of the most headline worthy and recent hires, departures, and company shakeups of this February and what that could mean for 2023. NAB National Australia Bank revealed that more than 500 female staffers have signed up for a new in-house learning programme on cloud technology. The bank is the first company to adopt and run the Amazon...

01 March 2023 /people

Nigeria election 2023: the impact on fintech and digital payments

Madhvi Mavadiya Head of Content at Finextra

Nigeria election 2023: the impact on fintech and digital payments

Some Nigerian citizens believe that outgoing President Muhammadu Buhari’s All Progressives Congress (APC) government has played an instrumental role in establishing a foundation for the likes of Flutterwave, PayStack and Interswitch to thrive. Others feel that the biggest contribution that the Nigerian government has made to the fintech and digita...

15 February 2023 /payments

Banking and fintech movers and shakers: Revolut, Ant, Feedzai and more

Madhvi Mavadiya Head of Content at Finextra

Banking and fintech movers and shakers: Revolut, Ant, Feedzai and more

Here’s a recap of the most headline worthy and recent hires, departures, and company shakeups of this January and what that could mean for 2023. Revolut Revolut is planning to hire a behavioural team that will be referred to as ‘CultureLab’ to address an "aggressive" corporate culture, according to an article published in The Guardian. ...

01 February 2023 /predictions

The fintech sentiment: Data Privacy Day 2023 and the policies protecting financial services

Madhvi Mavadiya Head of Content at Finextra

The fintech sentiment: Data Privacy Day 2023 and the policies protecting financial services

Data Privacy Day – also referred to as Data Protection Day in Europe, is an international event that occurs every year on 28th January and promotes privacy best practices. This day also marks the anniversary of the Council of Europe’s Convention 108 in 1981, which was the first legally binding international instrument in the data protection field....

31 January 2023 /security

Open banking year five: The journey from open finance to open everything

Madhvi Mavadiya Head of Content at Finextra

Open banking year five: The journey from open finance to open everything

This review of the progress of the UK’s Open Banking initiative is the fifth in the series, marking the fifth anniversary of the launch of the Second Payments Services Directive (PSD2) on 13 January 2018. The past five years has seen the CMA9 - Allied Irish Bank, Bank of Ireland, Barclays, Danske Bank, HSBC, Lloyds, Nationwide, RBS and Santander -...

13 January 2023 /devops

Banking and fintech movers and shakers: what can we expect in 2023?

Madhvi Mavadiya Head of Content at Finextra

Banking and fintech movers and shakers: what can we expect in 2023?

The way in which Sam Bankman-Fried departed FTX is not par for the course in the banking and fintech industries. However, what is evident is that whatever the circumstances in which senior executives join or leave a company, it will be sure to make an impact. The end of 2022 saw numerous moves amid what has been referred to as a ‘fintech bloodbat...

04 January 2023 /people

Madhvi Mavadiya Head of Content at Finextra

Finextra’s Top Long Reads of 2022

With 2022 drawing to a close, we take a look back at our most viewed long reads over the course of the past year. 10. How to overcome barriers to innovation by improving the skills gap I covered the salient points from a Finextra Research and Pluralsight webinar on ‘Creating a skill development programme aligned to strategic planning’ where Jane ...

28 December 2022 /payments

Madhvi Mavadiya Head of Content at Finextra

What does net zero mean for banks?

Earlier this month, I moderated a panel hosted by Cogo on how banks can play a more urgent role in the transition to net zero. The webinar was hot on the heels of COP27 and while all the developments over in Egypt were still front of mind. However, despite many discussions at the event this year, we cannot ignore the fact that the policies that we...

15 December 2022 /sustainable

Long reads