Research/analysis

1708 articles tagged with this keyword

/startups

Fintech sector faces "existential crisis" says McKinsey

Europe's fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up during the ongoing Covid pandemic.

/sustainable

UK banks accused of failing on climate strategy

Despite much green talk, just two of the UK's 36 main banks can clearly demonstrate effective plans to reduce their carbon impacts in a timely manner, claims research from the Ethical Consumer magazine.

/markets

BBVA trials quantum computing to optimise investment portfolio management

BBVA and Spanish startup Multiverse have run a proof-of-concept using quantum technologies to improve the process of dynamically optimising investment portfolios with market data.

/retail

BAI finds FS leaders struggle with how to take meaningful actions on diversity

Financial services leaders are committed to creating a more diverse, equitable and inclusive workforce, but they still struggle with how to take meaningful actions that have a real impact, according to research recently conducted by BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights.

/crypto

BIS examines the rise of the CBDCs

While central banks around the world are investigating the creation of their own digital currencies, there is huge variance in the approaches being taken, a new Bank for International Settlements (BIS) working paper shows.

/retail

Covid-19: UK fintech founders call for more government support

Only a quarter of UK fintech firms believe that the government has supported the sector well through the Covid-19 crisis, according to a survey of founders, with two thirds claiming that their voices are not properly heard in policy and regulatory circles.

/crypto

Fed partners MIT on 'hypothetical' digital currency

The Federal Reserve Bank of Boston is working with the Massachusetts Institute of Technology (MIT) to develop a "hypothetical" digital currency platform.

/covid-19

Starling: Two thirds of UK SMEs optimistic about Covid-19 recovery in 2021

According to a survey of over 300 UK SMEs conducted by Starling Bank and the Great British Entrepreneur Awards (GBEA), 68% of small to medium-sized businesses believe they will return to pre-Covid levels of success in early 2021.

/crypto

DBS: Central banks 'troubled and intrigued' by expansion in digital currency

DBS describes the growth of digital currency as both fascinating and daunting in a new research paper, 'Digital Currencies: Public and Private, Present and Future'.

/startups

Fintech funding falls as Covid-19 hits home

As the Covid-19 fallout hit home, fintech funding saw its third straight quarterly decline in Q2, according to data from Forrester.

/regulation

Machine learning: foe and friend for market surveillance

The rise of machine learning in trading is posing new challenges for market surveillance, but the technology could also be a useful tool for identifying abuse risks, according to a report from the FICC Markets Standards Board (FMSB).

/sustainable

Coordinating ESG solution ideation for investment and asset management

In June 2020, Finextra Research welcomed industry experts to Sustainable Finance Live, the first virtual interactive workshop to discuss how financial services firms and technology companies can achieve the UN’s Sustainable Development Goals (SDGs) by 2030.

/wholesale

Banks must resolve explainability and “black box” risk governance challenges to succeed with AI post

Data bias, “black box” risk, and lack of human oversight are the main governance issues for banks using AI, according to the Economist Intelligence Unit (EIU) report “Overseeing AI: Governing artificial intelligence in banking”.

/crime

Stablecoins pose AML threat - FATF

Stablecoins could be attractive to criminals and terrorists if they reach mass-adoption, warns the Financial Action Task Force (FATF) which nevertheless concludes that its revised standards can mitigate the risks - as long as these new coins are centralised.

/payments

CPMI sets out plan to fix 'slow, expensive, unreliable' cross-border payments

The emergence of new players such as Libra has thrown into sharp relief how slow, expensive and unreliable traditional cross-border payments can be, says a Bank for International Settlement committee report which also offers some ideas for improving the situation.

/covid-19

FS firms accelerating digital plans amid Covid 19: Broadridge

More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and their direct reports released today by Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader

/payments

Gambling charity criticises banks' use of card blockers

A gambling awareness charity in the UK has criticised UK banks for failing to properly use technology designed to prevent users from accessing gambling sites via their debit and credit cards.

/security

'123456' still most popular password

Millions of people around the world are leaving themselves vulnerable to hackers by choosing weak passwords, with one in every 142 picking '123456', according to an analysis of breached credentials.

/sustainable

ABN Amro imagines the Triple-A bank of the future with Climate Safe Lending network

A group of financial services companies have collaborated to detail what a bank of a zero-carbon world must look like, which they describe as the “triple-A bank of the future”.

/startups

Defining fintech to better understand the changing ecosystem under Covid-19

When discussing the amorphous nature of fintech, Tania Ziegler, the CCAF’s Global Benchmarking lead was struck by how ‘fintech’ is increasingly used as an all-encompassing term, describing a diverse range of organisations that all have financial technology at the centre of their operations and agenda.