Latest long reads: Finextra Research

Madhvi Mavadiya Head of Content at Finextra

Finextra’s Top Long Reads of 2020

With 2020 drawing to a close, we take a look back at our most popular long reads over the course of the past year. What should be taken into account if Artificial Intelligence is to be regulated? In this article, Juan Murillo, Senior Manager of Data Strategy at BBVA, and Jesús Lozano, Manager of Digital Regulation at BBVA, analyse the potential im...

24 December 2020 /predictions

Navigating core banking in Covid-19’s economic climate

Paige McNamee Senior Reporter at Finextra

Navigating core banking in Covid-19’s economic climate

At first glance, the premise of attempting to satisfy ever-more demanding consumer expectations seems an obvious pursuit. Yet, delivery of these products in the timeframe and friction-free format that customers crave isn’t always possible, due to the incongruence of ill-equipped core banking architecture and the advanced capabilities required to

23 December 2020 /predictions

SCA: With weeks to go until Europe’s deadline, is the industry prepared?

Brian Gaynor Head of Product and Strategy, EU Merchant Services at JP Morgan

SCA: With weeks to go until Europe’s deadline, is the industry prepared?

With just weeks to go before the 31 December 2020 deadline for Strong Customer Authentication (SCA) implementation in Europe , it’s worth taking a look at at the industry’s position within the rollout of this far-reaching new requirement. Final Call for Implementation After 31 December 2020, subject to prescribed regulatory exemptions, merchants w...

22 December 2020 /payments

The never-ending sustainability questions banks must ask themselves

Jamie Crawley Reporter at Finextra

The never-ending sustainability questions banks must ask themselves

Financial institutions face an array of conflicts and conditions in determining the environmental and social impact of investments and assets and how to report them for regulatory or corporate purposes. Environmental, social and corporate governance (ESG) frameworks are underpinned by the UN’s 17 Sustainable Development Goals (SDGs), which are in...

21 December 2020 /sustainable

Why digitising corporate onboarding should be at the top of banks’ agenda

Paige McNamee Senior Reporter at Finextra

Why digitising corporate onboarding should be at the top of banks’ agenda

First impressions matter. First impressions set the tone of a relationship, they inform how an initial interaction may blossom into a mutually beneficial affair, or (god forbid), how it may fizzle into a regretful obligation mired by conflict and frustration. The same logic rings true for financial institutions as they navigate the challenge of onb...

18 December 2020 /regulation

KYC Utilities - is technology the answer?

Jamie Crawley Reporter at Finextra

KYC Utilities - is technology the answer?

KYC utilities will expedite onboarding and other processes, helping to improve user experience and operational efficiency, but the legal nuance to KYC means that technology may not be a panacea. Fines punishing financial services firms for non-compliance with know your customer (KYC), anti-money laundering (AML) and sanctions regulations have total...

17 December 2020 /predictions

How to Maximise the Remaining Time Before the Extended SCA Deadline

Retired Member

How to Maximise the Remaining Time Before the Extended SCA Deadline

It has been an extraordinary year for e-commerce, with web traffic reaching a record high in 2020 and merchants contending with rising order volumes alongside supply and delivery issues. With the flood of new e-commerce customers in 2020, and with bricks-and-mortar stores closed for months in 2020, payments fraud is increasing too. Strong Custome...

15 December 2020 /payments

Shaping the future of payments and securities through responsible innovation

Paige McNamee Senior Reporter at Finextra

Shaping the future of payments and securities through responsible innovation

For more than 40 years, SWIFT has collaborated with its network to identify industry-wide challenges and develop solutions for the benefit of the entire global financial system. Tom Zschach, Swift’s chief innovation officer, speaks to Finextra Research about how innovation remains central to the co-operative’s new strategy, and how state-of-the-ar...

14 December 2020 /payments

Fintech Salary Survey 2021: A sneak peek

Neill Butcher Chief Commercial Officer at Conexus Group

Fintech Salary Survey 2021: A sneak peek

Looking to benchmark your salary in payments or fintech? Need to know the 'market rate' for employing payments, fintech or specialist talent? Good news if you do, because this January, Headcount in partnership with Finextra Research will be publishing the industry's most comprehensive fintech and payments salary survey, giving you details of specif...

11 December 2020 /people

Brexit: The end of the saga is almost in sight...and now what?

Stephen Surpless Investment Director at Edmond de Rothschild Private Merchant Banking

Brexit: The end of the saga is almost in sight...and now what?

Assuming that both parties can agree, the ratification process will not be easy and there will be disruptions after January 1st. Nevertheless, a lasting appreciation of the UK equities remains possible next year. Given the years of Sturm und Drang*, the Brexit process qualifies as a 'saga'. On the 31st December 2020, the UK will end the transition ...

10 December 2020 /predictions

Reinventing the banking business model for the digital world

Ben Poole Contributor at Finextra

Reinventing the banking business model for the digital world

With rapidly changing consumer spending trends, the rise of e-commerce, and the growth and success of both fintechs and big technology companies in the financial services space, the banking industry needs to innovate and adapt quickly to remain relevant. Digital demand soars Perhaps the biggest trend in financial services, is the digitisation of th...

03 December 2020 /payments

Jamie Crawley Reporter at Finextra

Are CBDCs a question without an answer?

The Singapore Fintech Festival takes place next week with central bank digital currencies (CBDCs) one of the hot topics on the agenda. Questions should raise be raised about what role such currencies would in fact play in financial systems. Singapore would appear to be an ideal market for the use of a CBDC, with its dense population, universal int...

02 December 2020 /crypto

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