Predictions

News/predictions

Embedded Finance market to be worth $22bn by 2028

The market for embedded finance is forecast to grow by 148% over the next five years, according to a recently published study.

02 April 2024

Long read/Predictions

Andrew Harris Head of Product, Marketing and Customer at Jenius Bank

Banking in 2024: Lending crunch, fintech shake-up, and the rise of smart money management

28 March 2024

News/wealth

Asset managers embracing AI but need to go further - survey

While almost all asset managers are already using artificial intelligence (AI) in their investment process, only a handful are using the tech for more advanced tasks, according to a recently published study.

26 March 2024

News/predictions

Ireland’s fintech funding slumps

2023 saw a 94% decline in funding for Irish fintechs, according to recently published research.

25 March 2024

Long read/Predictions

Vladimir Krasik Global Head of Internal Treasury at Revolut

What trends and challenges will fintechs face in 2024?

06 March 2024

Finextra TV/predictions

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.

27 February 2024

Long read/Predictions

Arvin Abraham Partner at Goodwin Procter

5 fintech predictions for 2024: A light at the end of the tunnel

27 February 2024

News/payments

NextGen Nordics 2024: What to expect from this year's conference

Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics, and much more.

16 February 2024

Finextra TV/predictions

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.

15 February 2024

Finextra TV/predictions

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.

13 February 2024

News/payments

NextGen Nordics 2024: Agenda to cover AI, Buy Now Pay Later, data privacy and Request to Pay

The Nordic region has been at the vanguard of innovation across payments for decades, but is that the case in 2024? NextGen Nordics 2024 - a leading conference led by Finextra Research held in Stockholm on 23 April 2024 - will procure an answer to this question from experts hailing from Denmark, Finland, Iceland, Norway and Sweden.

09 February 2024

Finextra TV/predictions

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.

05 February 2024

News/regulation

Bank of England governor Andrew Bailey embraces AI - BBC

Governor Andrew Bailey confirms House of Lords' view that the AI technology should be seen as a positive, rather than a risk to business.

02 February 2024

News/startups

Davos 2024: AI most relevant for fintech development until 2029

Bryan Zhang, executive director and co-founder of the Cambridge Centre for Alternative Finance at The University of Cambridge Judge Business School presented research on the future of global fintech, conducted in conjunction with the World Economic Forum.

19 January 2024

News/predictions

Chase UK aims for profitability in 2025

JP Morgan’s digital challenger bank Chase UK is setting its sights on becoming profitable from next year, as it prepares for the introduction of credit cards and expansion into Europe.

02 January 2024

News/payments

Finextra's year in review

With 2023 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.

22 December 2023

Research/PredictionsImpact Study

AI and Cloud: The Proving Ground for Regulatory Resilience in 2024

22 December 2023 654 downloads

Finextra TV/predictions

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.

07 December 2023