Next Gen Banking

News/Next Gen Banking

Investors unconvinced by banks' digital strategies

Only a quarter of investors are confident that financial services firms' digital transformation strategies will be effective, according to a report from Oliver Wyman.

06 February 2020

News/Next Gen Banking

Remitly launches bank account for immigrants in the US

Digital remittance outfit Remitly is entering the banking business, launching an online account for US-based immigrants.

03 February 2020

Research/Next Gen Banking

Unlocking Revenue Through Digital Identity

30 January 2020 693 downloads

News/Next Gen Banking

Finextra's year in review

With 2019 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

23 December 2019

Finextra TV/payments

P27 Momentum: The roll out to 2021

Lars Sjögren, CEO, P27, speaks to Hannah Wallace from Finextra Research at NextGen Nordics about the theme of the event, P27 Momentum. We cover the roll out to 2021, what banks can do to prepare and calculate the next stage, what will be the big questions left to solve and what we can expect from next year's event.

18 December 2019

Finextra TV/payments

P27 in Action: Setting the pace for 2020

Lars Sjögren, CEO, P27 & Liz Oakes, EVP, Market Development, New Payments Platforms, Mastercard, speak at NextGen Nordics: P27 Momentum about moving the Nordics from a fragmented landscape into one platform to improve security and encourage collaboration, the ambition involved in creating this cross-border, multi-currency platform and the importance of transparency around conflicting interests between competitors.

17 December 2019

Finextra TV/payments

Mapping out the P27 journey for 2020

Alistair Brown, Global Head of Payments, EPAM, speaks at NextGen Nordics: P27 Momentum to Hannah Wallace from Finextra Research about his key takeaways from the event, what banks need to consider for P27 going forward and some of the technology challenges they still need to overcome in 2020/21.

16 December 2019

Finextra TV/payments

FinextraTV spotlight on NextGen Nordics: P27 Momentum

FinextraTV reports from NextGen Nordics: P27 Momentum, the first in a series of events shaping the P27 Nordic Payments journey. Payments professionals came together at the Grand Hôtel in Stockholm to gain insight on this world first, real-time and batch multi-currency platform, which is revolutionising the future of payments. P27 Nordic Payments, Klarna, Mastercard, Visa, EPAM, ACI Worldwide, NETS, Tieto, Fiserv, Equinix and Vipps are among the many leading institutions to share their views exclusively with Finextra Research.

09 December 2019

News/payments

P27 Momentum: 5 key takeaways

Payments professionals came together at the Grand Hôtel in Stockholm this week for NextGen Nordics: P27 Momentum. While Sweden has become a pioneer for the cashless society, as the first real-time and batch multi-currency platform, P27 is expected to revolutionise the future of payments. Here are the five key takeaways from the event ahead of the launch in early 2021.

29 November 2019

News/sustainable

Standardised data reporting is the lynchpin for future of sustainable finance

In a recent survey by State Street Global Advisors, 52% of European investors cited regulation as the key driver toward ESG adoption. Yet, despite attempts to introduce regulatory requirements, a lack of standardisation in reporting obligations is proving a significant challenge towards achieving meaningful progress.

26 November 2019

News/regulation

Trust in Open Banking: Negotiating data liability between banks and TPPs

The breadth and complexity of Open Banking systems involve a web of players interconnected by the core need to access data. Used as the tool by which financial institutions and third parties deliver innovative financial products, the data required is highly personal by nature and brings with it a myriad of challenges on the part of institutions trying to capitalise its on value without taking on too much risk.

22 November 2019

News/Next Gen Banking

Plum raises another $3m and launches on Android

Closing a second round of funding with a $3 million investment, AI powered smart savings app Plum now boasts a total lifetime investment of $9.3 million.

13 November 2019

Finextra TV/Next Gen Banking

NextGen Nordics: P27 Momentum with EPAM

Alistair Brown, Global Head of Payments, EPAM, speaks about P27 in the lead up to NextGen Nordics. He describes how the ambitious P27 journey is shaping up, what challenges lie ahead, which industry players will benefit most from the initiative and what EPAM hope to take away from Finextra's NextGen Nordic event in Stockholm.

11 November 2019

News/Next Gen Banking

Will trust woes undermine Open Banking under PSD2?

In a roundtable discussion held Wednesday in London hosted by digital payments firm PPRO, industry leaders met to explore the impact PSD2 has imposed on key players in Open Banking and the changes needed to achieve the regulation’s objective in 2020 and beyond.

06 November 2019

News/Next Gen Banking

Modulr invests £20m in Scottish fintech

SME payments outfit Modulr is to invest the best part of £20m in the Scottish fintech industry, in the process creating 53 new jobs and nurturing new technology talent.

30 October 2019

Finextra TV/Sibos

Taking open banking beyond compliance

Tino Kam, head of transaction banking solutions, Nordea, speaks with Finextra about how banks can keep sight of their core objectives in the context of complex advancement in payments technology, the Nordea open-banking platform offering, and how banks should differentiate and decide between the best ecosystems in which to participate.

28 October 2019

News/Next Gen Banking

Fintechs must ‘sell simplicity’ to carve out competitive advantage

Where selling trust with a brand was once the key point of distinction for effective marketing in the fintech space, streamlining user experience through product simplicity now leads the way in superior branding strategy.

25 October 2019

News/Next Gen Banking

If you can’t beat them, join them: Fintech partnerships are here to stay

With commercial models, value chains and M&A activity emerging as a leading theme of Money 20/20’s upcoming conference in Las Vegas, we explore how financial institutions are leveraging the opportunity to collaborate with incumbents and disruptors across the space.

22 October 2019

News/payments

AI will drive productivity in the payments industry

The payments industry is increasingly being exposed to the technological transformation that is occurring outside of the financial services sector. But is the space ready to drive productivity in payments with artificial intelligence?

22 October 2019