Research/analysis

1388 articles tagged with this keyword

/markets

Interoperability crucial for DLT in post-trade processes - ECB

Market participants working on the use of DLT in post-trade processes need to ensure interoperability if the technology is to succeed, according to a European Central Bank report.

/inclusion

Madhvi Mavadiya a ‘Standout 35’ winner for Innovate Finance’s Women in FinTech Powerlist

Finextra’s very own head of content, Madhvi Mavadiya, has been named in Innovate Finance’s Women in FinTech Powerlist for 2020.

/regulation

ClearBank: Third of fintechs face regulatory scrutiny due to agency banking partners

Based on an independent survey of 100 fintechs across the Netherlands, Lithuania, Sweden, Switzerland, and the UK, a report by ClearBank reveals a multitude of challenges fintechs experience at the hands of their agency bank’s shortcomings.

/retail

As cash use falls, banks look to ATM pooling

With the Covid-19 pandemic accelerating the long-term decline in cash usage, banks are increasingly looking to pool or share their ATMs as a way to save money, according to RBR.

/inclusion

BIS study finds global fintech gender gap

There is a significant global fintech gender gap, with men far more likely to use financial technology products and services than women, according to a survey from the Bank for International Settlement (BIS).

/predictions

2020 Fintech funding down on 2019 but on the way back up

Global investment in fintech fell significantly in 2020 as the Covid-19 pandemic hit but picked up significantly in the second half of the year, according to KPMG, which expects a strong 2021 for the sector.

/security

80% of Irish targeted by fraudsters

Four in five people in Ireland say they have received a text, call or email in the last year that they believe was from fraudsters, according to an AIB survey.

/payments

FCA to regulate BNPL sector as Brits struggle to pay back Christmas spending

The UK's Financial Conduct Authority is to introduce new rules for buy now, pay later firms amid mounting fears of a growing debt burden for cash-strapped shoppers.

/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.