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

Money 20/20: Fusion centres are the future of fraud prevention

Security executives have a bigger seat at the table when making product decisions in the world of faster payments and online account origination. At Money 20/20 USA, industry experts discuss how technical knowledge and business issues need to be married to truly meet the realities of digital transformation and prevent fraud.

29 October 2019

News/Operational risk

Money 20/20: Calibra head claims Libra AML efficacy higher than other payment networks

While Libra, the global currency governed by the Libra Association, has unveiled a plethora of opportunities for trailblazers to disrupt financial infrastructures, the project has been questioned around trust and regulation.

29 October 2019

News/inclusion

Money 20/20: Latin American fintechs can serve the US better than US fintechs

Fintech firms born and bred in Latin America have survived and thrived in markets in which political and economic uncertainty requires new players to be agile and flexible.

28 October 2019

News/Operational risk

Will the next financial crisis be a cybersecurity crisis?

Recent economic slowdown coupled with widespread geopolitical risk has stoked fears that a recession is looming, which will inevitably invite comparisons with the financial crisis of 2007-08.

25 October 2019

News/Operational risk

AI, cloud, blockchain and beyond: Changing the financial world individually and in tandem

AI, cloud, blockchain and quantum computing form some of the pillars the much-discussed Fourth Industrial Revolution, with financial services watching on in anticipation of the disruption they promise in the years ahead.

18 October 2019

News/cloud

How the cloud increases capacity and agility

The cloud propels financial institutions (FIs) forward and provides the opportunity to scale in line with market demands such as volatility in the capital markets space, new regulations in banking and payments or increasing data assets in the insurance industry.

18 October 2019

News/regulation

BofE to stress test financial system against climate pathways

As the financial services industry faces up to the threat of climate change, the Bank of England is to become the first global regulator to stress test its system against different "climate pathways", says governor Mark Carney.

08 October 2019

News/Operational risk

Ten Thai banks to trial biometrics

Thailand's central bank is set to launch a test-use of biometric technology and has announced that ten institutions will participate.

07 October 2019

News/Operational risk

HSBC to cut 10,000 jobs - FT

More than 10,000 jobs could be lost at HSBC as the global bank embarks on a cost-cutting exercise, according to a report in the Financial Times (FT).

07 October 2019

Company update/Operational risk

Worldline celebrates sustainability ranking boost

Worldline, [Euronext: WLN] European leader in the payments and transactional services industry, announces that it has gained one place in the Sustainalytics ranking and became the 4th out of the 229 companies assessed in the Software and Services industry.

07 October 2019

News/Operational risk

Sibos 2019: How to bank sustainably for a better world

The fourth and final day of Sibos 2019 in London focused on sustainability and climate risk finance, with Sir Roger Gifford, chair of the Green Finance Institute, kicking off talks on the Spotlight stage.

26 September 2019

News/payments

Nick Ogden launches cross-border liquidity network RTGS.global

Finextra can exclusively reveal that Nick Ogden, creator of fintech heavyweights Worldpay and ClearBank, is spearheading an initiative to improve the speed and performance of international payments. At Sibos in London he is gathering support behind RTGS.global, a new business designed to remedy the problems involved with the invisibility of liquidity between countries.

25 September 2019

News/cloud

How insurers can leverage the cloud to focus on innovation

Insurance providers must leverage the cloud to offer a personalised experience to their customers, but also ensure that operational agility and innovation are a priority.

20 September 2019

News/security

Cyber-crime best tackled by international co-operation

Joining day two of the World Conference of Banking Institutes, Ian Dyson - Commissioner of the City of London Police addresses the challenges of cyber-crime in this period of digital disruption. In addition to the uncertainty surrounding Brexit and the potential no-deal outcome, the question of balancing privacy with data protection remains a critical priority for financial institutions in 2019.

18 September 2019

News/Operational risk

Climate related risk management is now a ‘must-have’

On day two of the World Conference of Banking Institutes, executive director – business development of the Abu Dhabi Global Market Steve Barnett opened sessions with a focus on sustainability in emerging markets and explored how education is a core pillar when ensuring commitment to environmental, social, and governance (ESG) initiatives.

17 September 2019

News/cloud

Why financial institutions are modernising on cloud

For financial institutions (FIs) leveraging the cloud, the earliest adoption was often the high-performance computing grid to support complex modelling. Gone were the days when limited capacity of on-premises grids meant that quants or actuaries had to wait for the compute resources they needed to run their models: across workloads, the cloud allows FIs to immediately scale up compute resources at peak times and scale down when demand dipped, paying only for what they use.

17 September 2019

News/cloud

Better connecting customers to their bank with the cloud

In this age of the customer when banks are leveraging the cloud to reduce costs, innovate faster, minimise risks and digitise mission-critical services, it’s become clear that technology drives change at a ground-breaking rate.

17 September 2019

News/payments

AI and cloud remove barriers to entry for real-time intraday liquidity

Financial institutions must actively manage their intraday liquidity but getting to this point continues to be a challenge, as banks are required to capture the information they need in real-time while at the same time meeting increased regulatory reporting obligations.

13 September 2019

News/Operational risk

Chinese official voices digital coin plans

More details have emerged around China's plans to issue its own digital coin following a lecture given by a senior official at the central bank.

06 September 2019

News/Operational risk

Swift publishes new API standard

Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.

05 September 2019