Innovation

News/ai

NextGen: AI: AI adoption is thriving in the financial sector

According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November.

09 October 2024

Research/InnovationImpact Study

Adding GenAI To Your Fraud Prevention Strategy

27 September 2024 116 downloads

Research/InnovationSurvey

The Global Fight Against Trade-Based Financial Crime

25 September 2024 158 downloads

News/ai

NextGen: AI – A sneak peek of speakers and attendees

Finextra launches its inaugural Next:Gen AI event on 26 November 2024. Join us in London to help redefine what’s possible.

24 September 2024

Long read/Innovation

Níamh Curran Senior Reporter at Finextra

What is the Regulated Liability Network?

23 September 2024

News/ai

NextGen: AI 2024: Uncovering the opportunities of AI legislation

Join us in London on 26 November 2024 for our inaugural NextGen: AI event and hear from Lord Chris Holmes about the potential of AI and the benefits of legislation.

17 September 2024

News/ai

Google PaLM 2 AI model under scrutiny by Irish watchdog Data Protection Commission

As the national independent authority in Ireland, the Data Protection Commission (DPC) is responsible for protecting the personal data of individuals in the EU in accordance with GDPR, the EU's Law Enforcement Directive (LED) and Irish ePrivacy Regulations.

12 September 2024

Long read/Innovation

Hamish Monk Reporter at Finextra

What is hybrid cloud?

12 September 2024

News/ai

NextGen: AI: Challenging the role of AI in financial services

Join us at our inaugural London event this November to redefine the role of AI in financial services.

10 September 2024

Long read/Innovation

Hamish Monk Reporter at Finextra

Understanding SaaS

19 August 2024

News/markets

SME Finance Taskforce announces plan boost UK economic growth

The SME Finance Taskforce has released its coalition plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.

02 August 2024

Long read/Innovation

Apostolos Kritikopoulos Group CTO at Profile software

The AI revolution in financial services: Transforming banking and investment

25 July 2024

Finextra TV/wholesale

Reimagining Your Core: How Banks Can Thrive Amidst Rapid Technological Change

Narendra Mistry, CPTO of Universal Banking at Finastra, emphasises that banks must adapt quickly to evolving technology and customer expectations. Success lies in implementing efficient core banking systems, that enable innovation at scale and at pace, while navigating AI and data with a focus on mindset and business services. Lean systems, like those of neo and digital-only banks, are good, but long-term growth requires a clear vision, a strong culture and breadth of capabilities. For established banks with pre-existing infrastructures, symbiosis – where next gen solutions are deployed alongside existing solutions – can offer a fast way to deliver outstanding experiences, stay ahead of competitors and, when appropriate, ease transitions.

24 July 2024

Finextra TV/wholesale

Adapting to change: How financial institutions can revolutionise core banking systems

Siobhan Byron, EVP of Universal Banking at Finastra, discusses how innovation is not just limited to the neo and startup banks, indeed established banks are combining the move-fast philosophies of the emerging players with their own considerable assets. The conversation highlights the need for financial institutions to have a clear vision and strategy, find the right pace and technology for transformation, avoid high-risk methods, outline the challenges of losing market share, talent, and the ability to meet future needs if institutions fail to stay current and innovative.

24 July 2024

Finextra TV/payments

2024 Payments Trends and Adding Value

At EBAday 2024, Michael Whitehead, Head of Sales - Europe, iGTB, and Tapan Agarwal, Head of Payments Solutions, iGTB, Intellect Design Arena, focus on the range of payments trends that are circulating within the industry and what is pushing innovation forward. The pair pay close attention to European regulations that are mandating instant payments, as well as the One-Leg Out Instant Credit Transfer and the G20's bid to ensure payments get faster, cheaper and more transparent. Further, they explore how banks can build on value-added services using technologies such as Generative AI, DLT and IoT, which will evidently lead to an explosion of payments.

23 July 2024

Finextra TV/payments

How Open Banking will Enable Embedded Finance

At EBAday 2024, Afonso Eça, Appointed Executive Board Member, Banco BPI, expands on the future of open banking and embedded finance and how these two trends are transforming the financial industry. While regulatory pushes such as PSD2 led to more uptake of open banking, financial institutions continue to take advantage of what is occurring in the fintech space and move forward. The conversation also turns to how open banking is the catalyst for embedded finance and through open payments, customers and businesses alike will be able to simplify the payments journeys of small business operators.

19 July 2024

Finextra TV/payments

SEPA, ISO 20022 and the Road to Innovation and Resiliency

At EBAday 2024, Renata Vilanova Lobo, Head of Global Clearing, J.P. Morgan Payments, explores the cross-border impact of SEPA on European and global interoperability and why ISO 20022 is crucial for financial institutions. There is an urgency for financial institutions to transition because of deadlines, but also due to the great benefits this change can bring to the industry, being the biggest change in payments in the last 30 years. Resiliency plays a critical role in today's landscape and it is expanding its concept; as a result, and banks must consider geopolitics, economic downturns and unforeseen challenges on top of operational stability.

19 July 2024