1708 articles tagged with this keyword
News/payments
A quarter of Brits used buy now, pay later services to fund Christmas shopping, setting up a £2.3 billion bill, according to Credit Karma.
08 January 2021
News/cloud
Consumer expectations, behaviour and payment preferences are and will continue to evolve at an accelerated rate.
07 January 2021
News/regulation
The Covid-19 pandemic has proved a challenge for financial industry compliance staffers who have had to adjust monitoring and alert coverage to adapt to the remote work transition during extreme market volatility, according to a Nasdaq survey.
17 December 2020
News/retail
Despite racking up millions of customers in recent years, digital challenger banks are still facing a lack of trust among Brits, most of whom do not even have faith that these new lenders will exist in a years' time, two new reports suggest.
10 December 2020
News/people
The search for meaningful data insights has highlighted the shortage of specialised data science skills within the financial services industry.
09 December 2020
Company update/startups
Jointly authored by Singapore FinTech Association (SFA) and Oliver Wyman, the ‘Singapore FinTech Landscape 2020 and Beyond’ Report highlights Singapore’s evolution as a centre for FinTech innovation over the past five years and forecasts the upcoming trends expected in the next five years.
The vast majority of banks (94%) believe that the Covid-19 pandemic has turned the payments market into a technology arms race for which they are unprepared.
07 December 2020
Company update/payments
Codebase Technologies along with the Arab Monetary Fund (AMF) and the MENA Fintech Association (MFTA) have published a report on an “Open Banking Vision from the Arab World.”
News/sustainable
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.
03 December 2020
Company update/retail
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.
02 December 2020
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.
The finance sector's decision to ape Big Tech and adopt platform business models enabled and powered by the mass acquisition and manipulation of data is creating new risks for society, warns a report from the Finance Innovation Lab.
01 December 2020
News/startups
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.
The use of buy now, pay later services like Klarna and ClearPay on Black Friday more than doubled in 2020, European data shows.
30 November 2020
The rush to abandon cash during the pandemic may be unnecessary, according to a scientific study from the Bank of England, which finds that the risk of Covid-19 transmission by banknotes is low.
24 November 2020
The UK needs to avoid an overly-standardised approach to Open Finance if it wants to break the dominance of banks and empower consumers, says a report from the Coalition for a Digital Economy (Coadec).
In today’s environment, data is produced and consumed at a rapid pace. However, the way it is currently being stored, accessed, and processed is inefficient.
20 November 2020
Research/Research/analysis
20 November 2020 309 downloads
This year has seen people, including older generations, flock to banking online and on their phones to ensure they stay on top of their money and bills amidst the COVID-19 pandemic, according to new research from Mastercard.
19 November 2020
The cloud can power innovation for financial institutions. As reported by McKinsey, 70% of banks are reviewing their core banking platforms and are beginning to leverage the potential that cloud-native services can deliver, as well as the offerings provided by technology vendors.
13 November 2020
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.