Predict 2024

11 articles tagged with this keyword

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PREDICT 2024: Business Model Transformation driven by Economic & Geopolitical Shifts

Ole Matthiessen, Global Head of Cash Management & Head of Corporate Bank Asia Pacific, Middle East & Africa, Deutsche Bank, discusses the stand out emerging business models that are changing the financial and banking landscape today, the various use cases that indicate how this space is likely to evolve, and how the business model evolution within these industry changes are bringing together both the geopolitical and the digital angle.

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Financial Forecast 2024: What's Ahead?

In this episode of Predict 2024, Edward Harding, Director of Global Strategic Partnerships at Mambu, discusses the upcoming webinar on Mambu’s 2024 partner predictions report, highlighting how trends are shaping financial services and influencing strategies in the year ahead. We learn about Mambu's partnership-driven approach to industry challenges, examine rising trends such as embedded finance and generative AI, and get a preview of what to expect from the webinar on March 6th.

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Payment trends to watch in 2024

In today's financial landscape, the growth of instant and account-to-account payments is countered by a rise in fraud. In this episode of Predict 2024, Ed Metzger, Vice President of Market Planning Payments Efficiency at LexisNexis® Risk Solutions, shares his forecast for emerging payment trends. Focusing on the impact on financial institutions and customers, we discuss how solutions like LexisNexis® Risk Solutions' Safe Payment Verification will enhance banking practices by verifying account ownership and optimizing cross-border fund transfers. Additionally, we explore why corporates are moving payments in-house and identify growth opportunities for banks through adopting banking-as-a-service platforms.

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Predicting growth for clearing houses and scheme operators in 2024

As payment markets evolve, further progress hinges on open access facilitated by infrastructure modernisation. In this Predict 2024 episode, Paul Ruggieri, Senior Vice President, Real Time Payments, Product Management, Mastercard, discusses growth opportunities for clearing houses and scheme operators, emphasising the need for standardised communication strategies between operators and payment systems. We explore the significance of interoperability and the prioritisation of standardisation to enhance cross-border transactions. Additionally, we explain the key methods for ensuring seamless transactions across borders, leveraging ISO 20022 data and AI for fraud prevention, resilience, and scalability across all 13 markets.

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Responding to regulations: AI solutions boosting operational resilience in 2024

In anticipation of upcoming banking regulations, such as the EU's 2025 deadline, Sumant Kumar, CTO, Banking and Financial Markets, NTT DATA UK&I, provides insights into the impact of artificial intelligence on operational resilience for the year ahead. As a part of our Predict 2024 series, we explore how banks can deploy predictive AI to enhance operational efficiency, alongside the modernisation of infrastructure through converting legacy code with generative AI. We discuss how banks can employ supply chain risk management with the support of operations, improving both customer experience and security in the year to come.

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ISO 20022 Mandates: A tipping point in financial transformation

In this Predict 2024 episode, Paul Thomalla, NED, UNIFITS, highlights the need for banks to adopt ISO 20022. Anticipating upcoming regulatory shifts in 2024, we discuss resource constraints, including ISO 20022-related challenges like talent scarcity and explore how banks can proactively use automation to ease the transition and alleviate skills shortage pressures.

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The impact of AI in compliance and risk management

Speaking in Finextra’s PREDICT 2023 Series, Richard Dupree, CEO and Founder, Riskliance, shares his forecast for AI's involvement in the risk landscape.

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A look at sustainable investing trends for the coming year

In this PREDICT 2023 episode, Eoin Murray, Head of Investment Management, Federated Hermes, following COP15's biodiversity framework, examines the investment trends emerging this year and the impact an ecosystem of stakeholders will have on sustainable finance.

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The regulations affecting environmental impact reporting

In this PREDICT 2023 episode, Anita De Horde, Co-founder and coordinator, Finance for Biodiversity Foundation, discusses what COP15 policies require of businesses and financial institutions and how Big Data can assist with measuring and reporting environmental impacts throughout supply chains and portfolios in the year ahead.

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The financial industry's responsibilities post-COP27

In this instalment of our PREDICT 2023 series, Maya Hennerkes, Director, Climate Strategy and Delivery, Green Financial Systems, EBRD, says what’s left to be done by the finance industry in 2023 post- COP27: UN Climate Change Conference, and how implementation, execution, and open data this year in Sustainable Finance will strengthen the economy and planet.

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The opportunities found in new regulations aimed at helping nature recovery

Speaking in Finextra’s PREDICT 2023 Series, Jessica Smith, Nature Lead, UNEP Finance Initiative, shares her optimism for 2023 following COP15: The UN Biodiversity Conference. She considers how Target 19 will mobilize $200bn per year to help fund biodiversity strategies by 2030 and predicts what FIs and tech companies can do to meet the new Paris-level agreement for nature while benefiting from its opportunities.