Latest opinions that David Ritter has shared on Finextra

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David Ritter

Director, Financial Services Strategy

CI&T

Member since

09 Jul 2021

Location

New York

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David's opinions

Repercussions of a recession: financial sector predictions for 2023

As we enter a new year, we often look forward to a period of respite, in which we can think positively and prepare for a healthier, happier future. However, today’s imminently tougher economic conditions may not align with such an optimistic outlook. The Bank of England has already warned that the UK faces its longest recession on record, with a p...

21 December 2022 /payments /predictions

What will the recession mean for BNPL?

Thanks to its popularity among Gen Z's go-to retailers, the buzz around Buy Now, Pay Later (BNPL) may seem new, but the concept is as old as credit itself. What makes BNPL different is the seamless digital delivery it provides to enhance the online shopping journey. Want that new jacket but don’t have the funds? Forget borrowing from friends &...

30 November 2022 /payments /predictions BNPL

How regulation can put an end to crypto’s Wild West

There’s an anonymous quote that circulates social media, often used to lament today’s ‘Age of Undiscovery’ and the drab lack of exploration, and excitement, within: “Born too late to explore the Earth, born too early to explore the galaxy.” This may be true in the physical sense. Yet it’s easy to forget our generations are the first to navigate mul...

14 November 2022 /regulation /crypto Cryptocurrency Insights

Why digitisation is a game-changer for financial inclusion

One customer segment that has been historically neglected by the financial services sector is the so-called “unbanked” and “underbanked”. The unbanked are people who don’t use any banking services, including debit cards, current accounts, and savings accounts. Meanwhile, underbanked consumers use some type of bank account, but don’t have regular a...

10 June 2022 /people /inclusion Financial Inclusion

Can crypto ever take off as a mainstream currency?

In just over a decade, cryptocurrencies have enjoyed remarkable growth. We’ve all heard the story of the crypto miner trading 10,000 bitcoins for two pizzas back in May 2010. Today, those same bitcoins would be worth around $391.7 million—that’s some expensive mozzarella. But it’s these unpredictable peaks and troughs in value that make cryptocurr...

06 April 2022 /payments /crypto Cryptocurrency Insights

2022: the rise of the consumer-friendly bank

Recent financial news headlines of record bank profits and banker bonuses often paint banks as villains. However, they miss out that many have lost consumers to upstart rivals recently. Much of the recent surge in earnings instead resulted from a flood of institutional trading and investment banking (IPOs, M&A, etc.) - the result of unpreceden...

28 February 2022 /retail Banking Strategy, Digital and Transformation

Delivering on the potential of open finance

Not long ago, “open banking” seemed like something unimaginable. As new digital technologies increased, the level of cyber risk also evolved. So financial data, always considered highly sensitive, became even more top secret – and certainly not for sharing. But things have changed. With the ever-growing rise of fintech, bank apps, online trading ...

13 January 2022 /retail Open Banking

The digital-first world: financial services predictions for 2022

As investment booms, unemployment falls, and Europe’s economy soars, financial institutions are set to enjoy a strong year in 2022. But with consumer behaviour changing post-pandemic, banks will need to adopt new online strategies and escalate their digital transformations to stay competitive in the new digital-first world. To help your organisati...

23 December 2021 /predictions Banking Strategy, Digital and Transformation

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