Predictions

339 articles tagged with this keyword

/Predictions

Small businesses adoption of online model to stay

Almost half (44%) of small to medium sized enterprises (SMEs) have changed their business model to adapt to financial disruption caused by the COVID-19 pandemic, with one in five of those embracing online trading.

/crime

Digital Transformation 2.0 - Unifying Fraud and Risk Teams Across an Organization

Lukayn Hunsicker, Feedzai VP of Product, speaks about Covid-19 and the acceleration of digital transformation, and how this has impacted risk management. We learn about unifying traditionally disparate functions in traditional organisations, how organisations should rethink their risk strategies and what is needed in the face of increased transaction volume.

/startups

CCAF, World Bank, WEF: Covid-19 caused uneven growth across fintech

A joint report by The Cambridge Centre for Alternative Finance (CCAF), the World Bank Group and the World Economic Forum, has found that while 12 out of 13 fintech sectors reported year-on-year growth during the first half of 2020, significant discrepancies between sectors and regions remain.

/sustainable

WWF and World Bank report highlights opportunities in spatial finance

Ahead of Sustainable Finance Live, a Finextra Research and Responsible Risk event, WWF and The World Bank have released a report highlighting how the financial sector can benefit from the emerging field of spatial finance, complementing existing ESG data streams and providing an outline for a robust taxonomy.

/Predictions

Barclays issues scams warning to businesses ahead of the end of the Brexit transition

New data from Barclays released today reveals that there has been a 20 per cent surge in business scams in the past five months, with thousands of SMEs across the UK falling victim to highly sophisticated and targeted scam tactics.

/retail

Third of FS and banking staff wanted to quit job over processes, during pandemic

UK employees believe they are wasting more than 40 working days a year each on routine tasks that could be done by technology, such as digital workers, according to new research from ABBYY investigating the impact of COVID-19 and automation technologies on office workers in the UK, US, France and Germany.

/security

AusPayNet says industry efforts are driving down payment card fraud

Figures released today by the industry self-regulatory body Australian Payments Network (AusPayNet) show fraud on payment card transactions declined 15.4% in the 12 months to 30 June 2020 (FY20).

/retail

Organisational alignment key to maximising open banking potential - survey

Senior management at European financial institutions see an opportunity in open banking, but a lack of internal alignment risks holding firms back from realising its potential, suggests a survey from Tink.

/sustainable

HSBC reaps environmental benefits of pandemic switch to remote advice

HSBC UK has found a silver lining to the coronavirus cloud, revealing that the switch to remote wealth and investment advice during the pandemic has saved nearly 900,000 sheets of paper.

/startups

CCAF, World Bank, World Economic Forum study into Covid-19 impact on fintech: A sneak peek

In anticipation of the official launch, the Cambridge Centre for Alternative Finance (CCAF) invited industry participants to join an examination into the results of the Global Covid-19 Fintech Market Rapid Assessment Study, compiled in partnership with the World Bank and World Economic Forum.

/payments

Black Friday payment data reveals rapid growth of buy now, pay later

The use of buy now, pay later services like Klarna and ClearPay on Black Friday more than doubled in 2020, European data shows.

/payments

Request to Pay paving the way in European Payments

Joanne Towers, Managing Director, Europe Regional Head of Payments and Cards, Global Liquidity and Cash Management at HSBC, speaks during EBAday 2020 about how Request to Pay fits into the wider payments trends we’re seeing in the industry, what banks need to consider going forward and what impact R2P might have on the European payments landscape.

/payments

Taking brave & strategic steps forward post-pandemic

Mick Fennell, Business Line Director – Payments, Temenos , speaks during EBAday 2020 about the impact of Covid-19 on businesses and processes, the regulatory impact, and how it has impacted deadlines for industry initiatives. We hear about the longer-term considerations of Covid-19, what the world is going to look like as we eventually get to grips with the pandemic, and how to navigate the road ahead.

/payments

P27 - Overcoming the setbacks of 2020

Lars Sjögren, CEO, P27 Nordic Payments speaks during EBADay 2020 about P27's progress in building the world’s first real-time, cross-border payment system in multiple currencies. He tells us how P27 has handled the disruption caused by Covid-19, what their plans are for implementation moving into 2021 and why P27 is still essential for trade across the Nordic countries.

/identity

How to Grow Online Customers in 2021 with Customer-Friendly Authentication

A recent report found that over 35% of customers will drop an app or online service if the customer experience is bad. Growing online customers with may be one of the biggest challenge financial institutions face in 2021. In this video OneSpan and ForgeRock discuss how banks and financial institutions can implement new technologies such as risk-based authentication to avoid unnecessary authentication challenges and improve the customer experience – while also helping to detect and prevent more fraud.

/payments

ING Global Head of Fintech's outlook for real-time payments post pandemic

Olivier Guillaumond, Global Head of Fintech, ING, gives his View From Sibos on the impact of Covid on real-time payments, how the pace of technological change will push digitalisation forward and how the rise in consumer demand for new digital services will encourage banks and fintechs to work together more to innovate and disrupt the market with fresh ideas.

/payments

What Recovery Looks Like Post-Pandemic

Paula da Silva, Head of Transaction Services at SEB & Chairperson for P27 Nordics Payments Platform, gives her View From Sibos on the next stage of recovery post-pandemic, the impact Covid has had on trade in Nordic countries, where we are up to with P27 and how banks and corporates are working collaboratively managing supply chains.

/payments

Where Next for Payments?

David Chance, Vice President, Product Strategy & Innovation, Fiserv speaks to Finextra TV about the trends and innovations we are seeing in the payments ecosystem. We hear about how priorities have shifted and learn how financial institutions are responding to these opportunities by investing in agile and scalable technology.