Research/analysis

1340 articles tagged with this keyword

/crypto

Bitcoin may 'break down altogether' - BIS chief

Bitcoin may "break down altogether", according to BIS general manager Agustin Carstens, who has also poured cold water on stablecoin projects such as the Facebook-led Diem and argued that if digital currencies are needed they should be issued by central banks.

/retail

Strong digital sales capabilities lead to big growth benefits for banks - research

Banks with mature digital sales processes achieve far higher growth in deposits and loans than their less advanced rivals, research from vendor Backbase suggests.

/sustainable

AFME: ‘Financial materiality is not sustainable finance’s end goal’

In conversation with Richard Peers for Finextra TV, Tonia Plakhotniuk, associate director, policy (sustainable finance & financial reporting) at the Association for Financial Markets in Europe (AFME) traverses a number of predications we can expect to see around sustainable finance in 2021.

/inclusion

Third of Indian households use digital payments

A third of Indian households use digital payments, with usage spread across income groups, according to a survey.

/retail

UK and US digital challengers see strong growth in 2020

With digital banking gaining popularity during the Covid-19 pandemic, challenger banks on both sides of the Atlantic have seen surging customer growth over the last year.

/people

Oxford University professor: ‘There is a real threat that fintech will set gender diversity back’

One of Sibos’ first panel sessions for 2021, ‘Make 2021 the year to improve your bank’s diversity’, saw panellists raise concern over the lack of diverse representation in financial services, particularly fintech.

/people

Fintech and payments salaries declined by only 1% in 2020

Salaries in the fintech and payments industry held up well despite turbulent conditions last year, seeing a decrease of only 1%, according to research by recruitment consultancy Headcount.

/payments

Buy now, regret later? Brits face £2.3bn bill for Christmas shopping

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.

/cloud

Future-proofing payments technology with cloud migration

Consumer expectations, behaviour and payment preferences are and will continue to evolve at an accelerated rate.

/regulation

Covid-19 changes compliance priorities

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.

/retail

Brits still wary of trusting neobanks

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.

/people

Survey highlights data scientists shortage

The search for meaningful data insights has highlighted the shortage of specialised data science skills within the financial services industry.

/payments

Payments have become tech arms race say banks

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.

/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.

/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.

/retail

‘Lifting the lid on Fintech’- customer-focused innovation or dangerous corporate power grab?

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.

/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

Coronavirus transmission risk from cash is low - BofE

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.

/regulation

Startups call for Open Finance to break the dominance of banks

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).