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Expert opinions Last 7 days total 32

Elaine Mullan

Elaine Mullan Head of Marketing and Business Development at Corlytics

RegTech’s carrot and stick dilemma and what really makes financial firms jump?

There’s something almost farcical about the idea of selling RegTech (regulatory technology) to financial institutions. It’s like trying to sell a gym membership to someone who’s already hired a personal trainer, booked five classes and bought the lycra. And yet, many still manage to dodge the treadmill. Why? Because typically financial institutio...

/regulation

Eugenia Mykuliak

Eugenia Mykuliak Founder & Executive Director at B2PRIME Group

Change vs. Run: How to Structure Operations for Growth and Stability

In my experience, every financial company feels a constant tug-of-war between two equally important priorities: keeping the business running smoothly and pushing it to evolve. One is about maintaining stability, the other is about transformation and changing things for the better. And while it might sound simple to say “you need to find a balan...

/wealth

Dmytro Spilka

Dmytro Spilka Director and Founder at Solvid, Coinprompter

Which Type of ISA Is More Resilient During a Recession?

ISAs have grown to become one of the UK’s favourite investment strategies in recent years, but what happens when an economic downturn threatens your profitability? And what type of individual savings account offers the most resilience in the face of a recession? Whether you prefer the relative security of fixed-rate Cash ISAs or the earnings pote...

/wealth

Hugo Chamberlain

Hugo Chamberlain Chief Commercial Officer at smartKYC

The Challenges of Name Redaction in Adverse Media Screening: Balancing Privacy and Public Interest

In today’s globalized compliance landscape, adverse media screening plays a critical role in identifying potential risks associated with individuals and entities. However, a fundamental challenge arises from how different legal systems approach privacy and transparency, particularly when it comes to naming individuals in media reports. Across

/ai /regulation Artificial Intelligence and Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

ID-wallets integrating AI-agents - or the other way around?

Both directions are being explored right now, but they lead to slightly different futures. 🧠 1. ID Wallets Integrating AI Agents This means the wallet is the core product, and AI agents are embedded within it to assist the user. 📌 Examples: An AI assistant inside your digital ID wallet helps you decide which credentials to share

/ai /identity Innovation in Financial Services

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Eugenia Mykuliak

Eugenia Mykuliak Founder & Executive Director at B2PRIME Group

David Mattinson

David Mattinson Director - Business Development at TNSi

Somesh Chablani

Somesh Chablani SVP, Head of Capital Markets Go-To-Market at FIS

John Adam

John Adam Chief Revenue Officer at Aimprosoft

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Research Total research pieces 279

Event Report

ISO 20022 for CBPR+: Driving Efficiency and Innovation in Financial Messaging

How far is the industry along its ISO 20022 for CBPR+ journey? The financial industry is on the brink of a significant transformation with the implementation of ISO 20022 for cross-border payments and reporting (CBPR+). This new standard promises to revolutionise transaction handling by offering enhanced data quality, improved compliance, and greater operational efficiency. The shift from the current MT format, which is becoming insufficient in today’s data-driven and regulatory-focused environment, to ISO 20022 addresses these challenges with a more structured and comprehensive framework for financial messaging. This transition is crucial for banks and non-bank financial institutions to understand and prepare for as it enables more effective communication across borders and systems. The reconciliation of payments, especially for corporate and SME sectors, demands accuracy in linking all related data. ISO 20022 significantly streamlines this process by enhancing data richness and interoperability across various payment systems.   This report highlights the key takeaways of a Finextra webinar, hosted in association with Finastra, by a panel of industry experts. Discover: How far the industry has come in the transition, the challenges organisations are facing, and the strategic importance of ISO 20022 for CBPR+ adoption.

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Survey

US Regulation Survey 2025: Compliance at a Crossroads

Assessing financial industry preparedness in a shifting US regulatory landscape as organisations struggle with deadlines, cost, and technology. In an environment of rapidly evolving regulations, driven by legislative and policy shifts at the federal and state levels, the US regulatory landscape is marked by complexity and uncertainty. Understanding the level of preparedness across industries is crucial for ensuring compliance, mitigating risk, and enhancing operational efficiency. This survey was conducted at the beginning of 2025, gathering financial services industry sentiment as the Trump Administration took office and began pivoting on key regulatory elements. With the US financial regulation regime also somewhat in limbo, that uncertainty was – and is – increasingly impacting the views of the 200 organisations surveyed. Analysis of our survey responses provides a comprehensive overview of the state of regulation readiness in the US, differences in reporting obligations, the impacts of automation for compliance, the roles of technology and data, and industry plans for modernisation. We explore: Which regulations will have the biggest impact on US financial services in 2025; Regulatory effects on organisational frameworks, budgets and staffing; How organisations are leveraging technology and partnerships to streamline regulatory compliance.

178 downloads

Event Report

Using modern technology platforms to create an AI-driven bank

In the rapidly advancing banking sector, integrating Artificial Intelligence (AI) has become less of a choice and more of a crucial stepping stone. The industry is facing a turning point in the adoption of AI where organisations either embrace the opportunities in front of them or risk falling behind.  The rise of artificial intelligence (AI) has ushered in a new era of digital transformation. In banking operations, the integration of AI presents an opportunity for significant growth. However, this integration is not without its challenges. Banks are dealing with more data than ever before, and managing this information effectively is a crucial hurdle to overcome. From ensuring data accuracy and relevance to adhering to privacy regulations, these challenges require careful consideration.  The decision to incorporate AI should be a strategic one, aimed at addressing specific business challenges and not just a nod to the latest trend. Identifying growth-inhibiting challenges and evaluating the viability of AI as a solution is a practical and cost-effective approach.  This report highlights the key takeaways of a Finextra webinar, hosted in association with Red Hat, by a panel of industry experts. Discover:  Overcoming barriers in integrating AI into banking systems;  AI integration: A strategic approach; and  Effective utilisation of AI in business operations and risk mitigation.   

401 downloads

FinextraTV

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/ai

The Data Quality Issue: Not Just A Legacy System Problem

Joining the FinextraTV virtual studio, Andrew Colombi, Co-Founder & CTO, Tonic.ai discusses the current test data landscape and provides a number of fascinating insights on everything from quality data generation, synthetic test data usage and how both modern and legacy companies are struggling in different ways.

Long reads Total long reads 1247

Richard Peers

Richard Peers Founder at ResponsibleRisk Ltd

Priorities for UK climate policy following COP29

On Thursday, 3 April, business leaders and policymakers gathered online for a pivotal event organised by Westminster Forum Events. The event featured opening remarks by Baroness Bennett of Manor Castle, who emphasised the need for transformative change in addressing climate challenges. Key outcomes from COP29 Richard Millar, head of adaptation at ...

/sustainable

Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

How are sustainable finance products being incorporated into UK pension schemes?

In partnership with the University of Glasgow and University of Strathclyde, Fintech Scotland released a report on sustainable financial products and UK pension schemes last month. This article covers the findings of the report and their significance to the UK economy and sustainable finance initiatives. How is ESG being integrated into current pe...

/sustainable

Hamish Monk

Hamish Monk Senior Reporter at Finextra

How to leverage T+0 settlement

In February 2025 it was announced that the European Union (EU) will switch to single-day settlement (known as T+1) of stock and bond trades by 2027. Settlement is the act of transferring securities and funds between buyers and sellers after a trade is executed. The shorter the settlement cycle, the faster investors have access. This is just on...

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