Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

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/retail

What African Banks are Prioritising Today

Join FinextraTV at the Temenos Community Forum 2024 as Lee Allcorn, Managing Director, MEA, Temenos and Deribie Asfaw, President, Cooperative Bank of Oromia talk about the priorities for banks across the African continent and the speed at which business and innovation operates here. Today, clients are prioritising trust, security and ensuring that their investments are as risk-free as possible. In addition to this, providing services to those that are unbanked and underbanked in a low cost manner continues to be an issue to be resolved. The conversation also turns to scalability, as financial institutions in Africa look to reach new channels and new markets.

15 July 2024

Finextra TV/cloud

Considering Cloud? Here are the options for banks

Join FinextraTV at the Temenos Community Forum 2024 as Tony Coleman, Chief Technology & Innovation Officer, Temenos and Keith Lynch, Head of Enterprise Business, EMEA, Red Hat dive deep into why choice remains a fundamental tenet for the banking industry and how cloud migration is no exception. A bank in 2024 has many options, whether it is moving to public cloud, where technology stacks are supported by hefty players such as AWS or Azure, for example, or working with SaaS providers. The conversation also shifts to expanding on the benefits of private cloud where cloud-like deployments are established. The advantages of hybrid cloud are also prevalent, where one technology stack can run across multiple footprints, allowing organisations to build an app once, but deploy it everywhere with open source technology.

11 July 2024

Finextra TV/retail

Fintech in Asia: How are Digital Experiences Evolving?

Join FinextraTV at the Temenos Community Forum 2024 as Ramki Ramakrishnan, Managing Director, APAC, Temenos and Trinh Vinh Hien, CTO & CDO, PVcomBank provide an overview of how the APAC region is leading when it comes to efficient digital experiences and the innovations that have come to the fore since 2022. As more and more customers expect digital access to all services, scalable solutions are imperative for financial players in Asia, the Pacific and further afield. While the likes of Alipay and WeChat attempt to bridge the gap between the banked and unbanked, innovation must ensure it is fit for purpose for all.

10 July 2024

Finextra TV/wealth

Private Banking: Today’s Needs and Expectations

Join FinextraTV at the Temenos Community Forum 2024 as Shabi Shafei, IT Lead, ABN Amro & Marlou Jenniskens, Managing Director, Digital Wealth Products, ABN Amro, explore how the private banking landscape is changing and with that, banks like ABN AMRO are adapting their products and offerings to ensure they are meeting these shifting expectations. These altering needs are also resulting in changes in how banks leverage technology and collaborate with providers to meet goals.

20 June 2024

Finextra TV/payments

SEPA Instant Mandate: Racing to European Banking transformation

Ainsley Ward, Vice President at CGI, and Global Business Development lead for CGI’s Payments Solutions, sheds light on European Parliament's SEPA Instant Mandate and the 9th of January 2025 deadline for Eurozone banks. With the Federal Reserve's FedNow initiative connecting 400 banks in a year underscoring varying market readiness, challenges still persist. We discuss alternatives found in new technologies and scepticism over universal compliance in anticipation of EBAday, where stakeholders can converge to navigate regulatory complexities and seek solutions in this digital era.

17 June 2024

Finextra TV/cloud

How cloud and SaaS enable customer-centric innovation for banks

Join FinextraTV at the Temenos Community Forum 2024 as Azfar Karimuddin, Chief Cloud Officer, Temenos & Dan Broten, CTO, EQ Bank, explore the advantages for banks running on the cloud, including how the technology helps to deliver better customer services and experiences. Discussing SaaS, they also pinpoint exactly how this technology can help banks innovate faster and develop new business models.

11 June 2024

Finextra TV/wholesale

The customer engagement imperative: What banks can learn from the FinTech playbook

Gareth Wilson, UK Banking and Capital Markets business lead, Capgemini & Elias Ghanem, Vice President and Global Head of Capgemini Research Institute for Financial Services, reflect on the growth of digitalization across the industry and a shift in customer needs. They discuss the challenges banks are facing as a result, what they should be investing in and leveraging to tackle this challenge, and how they can use data and AI/ML technologies to create superior customer experiences that drive growth. They also reflect on how positioning the CMO as a customer strategist and chief engagement officer can further enhance growth opportunities.

10 May 2022

Finextra TV/cloud

Pinpointing the 'bits that matter' in a red ocean of data

As consumer habits develop and evolve, the way banks operate and how they engage with their customers do as well. With banks under increasing pressure due to competition from innovative fintechs and changing consumer expectations, they must develop the way they target and appeal to customers and maintain a profitable personal relationship.

22 January 2020

Finextra TV/retail

Placing the emphasis on Experience in Banking

Lee James, CTO, EMEA, Rackspace, speaks about Digital Transformation and banking as a service, how both are providing better customer experience, ways consumers are managing their money better, the role cloud plays in this space and how it is likely to evolve.

08 January 2020

Finextra TV/Mobile & online banking

Improving customers' Financial Health

Peggy Mangot, Senior Vice President and Head of Greenhouse Development, Wells Fargo & Company speaks at Money 20/20 USA about financial health, what banks have got wrong around helping their customers in the past, how to achieve better visualisation and how banks are using technology to improve their clients' financial health.

18 November 2019

Finextra TV/crypto

Fiat Currency 2.0: Counter argument to the Cryptocurrency narrative

Tony McLaughlin, Emerging Payments & Business Development, Citi, speaks at Money 20/20 USA about the practical problems that still need addressing in the crypto-currency community, how Fiat Currency 2.0 will help fix payments as a counter balance to crypto and what challenges still exist around tokenisation and coins. We ask how this impacts the big techs and what regulatory, political and ethical concerns need to be addressed first before they achieve their own currencies.

05 November 2019

Finextra TV/Mobile & online banking

Combining bank skill sets with those of fintechs in the US

David Reiling, CEO, Sunrise Banks, speaks at Money 20/20 USA in Las Vegas, about the new opportunities partnerships present for banks in the US, what different skill sets are brought together when banks are combined with the fintechs, how these help in the area of cyber security and those where customers are able to better manage their money.

04 November 2019

Finextra TV/Sibos

FinextraTV @ Sibos2019 – The Big Themes #3: Regulation

FinextraTV reports from Sibos 2019 in London on the impact of Regulation on the industry. In this, final episode, we learn about how Banks are adapting to the changing regulatory landscape, whether the cost of compliance outweighs the value of innovation, what success in this space demands and whether regulation will be able to keep up with the pace set by the tech giants. Standard Chartered, Deutsche Bank, Nordea, LHV, KPMG and Crown Agents Bank are among the many leading institutions to share their views exclusively with Finextra Research.

18 October 2019

Finextra TV/Mobile & online banking

Adapting to the Experience Economy together

Sumit Aggarwal, Head of Transaction Banking Services, Emarites NBD Bank & Robert Cummings, Global Head FSI Solutions, SAP, speak about the power of partnerships, how the industry is becoming less siloed, how SAP has transformed the Emirates brandin and the changing experience economy.

15 October 2019

Finextra TV/Mobile & online banking

FinextraTV @ Sibos2019 – The Big Themes #2: Leveraging Data

FinextraTV reports from Sibos 2019 in London on how the industry is Leveraging Data. In this, second of three Sibos reports, we learn about how Banks are increasingly looking to develop a more formal strategy to better manage their data, the challenges leveraging data helps overcome and some of the new and improved services that are coming to market as a result. Barclays, LLoyds, BAML, Natwest, SEB, DBS Bank, Westpac, JPMorgan, Standard Chartered, Société Générale, Nordea, ING, Emirates NBD, and Absa are among the many leading institutions to share their views exclusively with Finextra Research. Become a Finextra member now and be sure not to miss: Sibos2019 Big Themes: Regulation…

11 October 2019

Finextra TV/Sibos

‘Now is the time to make the payments world real-time,’ SWIFT

Harry Newman, Head of Banking, SWIFT, explores the reasoning behind exploding demand for instant payments, how SWIFT and its community is meeting this demand, and how cross-border payments will evolve moving forward.

04 October 2019

Finextra TV/Sibos

How instant payments are revolutionising Cash Management

Christof Hoffman, Global Head of Payments & Collection Products, Deutsche Bank, speaks about the demand for instant payment schemes globally, how the industry has welcomed Open Banking and APIs and the significance of Swift gpi.

04 October 2019

Finextra TV/Sibos

How Transaction Banks are adapting to dynamics affecting the industry

Marc Recker, Global Head of Market Management, Cash Management, Deutsche Bank, explores the dynamics transforming the transaction banking landscape and their impact, how the industry is evolving to remain competitive, and the strategies Transaction Banks need to devise to remain successful such as partnerships and global standardisation.

03 October 2019