Latest Research/analysis News: Finextra Research

Regulators are urging fintechs to boost financial inclusion – CCAF

A recent joint study from the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge and World Bank found that the financial regulators are prioritising fintech business models to contribute to financial inclusion and boost local economies, particularly in Emerging Markets and Developing Economies (EMDEs).

25 November 2022

News/regulation

US Treasury calls for closer supervision of fintech-bank relationships

The US Department of the Treasury has called for greater regulation of fintech-bank partnerships in order to prevent abuses and protect consumers.

16 November 2022

News/crypto

US banks launch digital asset settlement platform PoC

Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.

16 November 2022

News/predictions

UK SMEs to prioritise international expansion in 2023 - Airwallex

A recent survey by Airwallex reveals that UK small and medium entreprises (SMEs) are highly motivated to expand abroad over the next 12 months, with a majority focused on markets in Europe and North America.

15 November 2022

News/retail

Gen Z turns to TikTok for financial advice

Young Brits are turning to TikTok for financial information, with many of them believing that influencers on the app provide better advice than traditional media.

15 November 2022

News/payments

New York Fed and MAS test wCBDC for cross border payments

The Monetary Authority of Singapore and the Federal Reserve Bank of New York are teaming up to explore the use of wholesale CBDCs for cross-border payments.

11 November 2022

News/payments

New York Fed tests wholesale CBDC for cross-border payments

The Federal Reserve Bank of New York has developed a wholesale CBDC prototype for an experiment on cross-border digital currency transactions supported by blockchain technology.

09 November 2022

News/crypto

Philanthropy is facing a ‘triple squeeze’ and digital assets can help - Citi

Citibank’s recent report ‘Philanthropy and the Global Economy’ has found that digital assets can be the future of philanthropy in wake of the cost of living crisis. Amy Thompson, report author, and Ronit Ghose, global head of future of finance at Citi, sat down with Finextra to discuss the significance of this report in light of the cost of living crisis.

07 November 2022

News/regulation

Fund services firms lagging in digital journey

Despite the fact that the vast majority of trust, corporate and fund services see the benefit of adopting digital technology, only a third have actually started on their digitalisation projects.

07 November 2022

News/sustainable

Survey reveals tech sector's greenwashing fears

The vast majority of top level executives in the tech industry believe that it is guilty of greenwashing, according to recently published research.

07 November 2022

News/wholesale

Survey shows support for shorter settlement cycles

The majority of market participants expect the settlement cycle for equities to shorten to T+1 within the next five years, according to recently published research.

04 November 2022

News/retail

Oz fintech sector maturing but faces tough 2023

Australia’s fintech sector has significantly matured in the past 12 months with more than three quarters of firms now post-revenue, but founders expect significant headwinds in 2023, according to the latest EY FinTech Australia Census report.

01 November 2022

News/people

AFP 2022: Bank and corporate DEI advocates dare firms to be different

The Association for Financial Professionals (AFP) annual conference featured a session Monday called 'Dare to be Different'. During the hour-long programme, a panel featuring diversity, equity, and inclusion experts from Goldman Sachs, Loop Capital, and Dropbox emphasised the financial and organisational advantages of increasing access and career advancement opportunities for women and minorities.

25 October 2022

News/crypto

CBDCs can work with private stablecoins - research

A wholesale CBDC could successfully work with private stablecoins, shows research from the Hong Kong Monetary Authority and BIS Innovation Hub.

24 October 2022

News/startups

UK's IoD sets up fintech group

The UK's Institute of Directors has launched a special interest group designed to boost the UK's fintech sector

21 October 2022

News/wealth

CFA paper calls for ethical use of AI

Ethical considerations should feature more prominently in the use of artificial intelligence (AI) in the investment management world, according to a recently published paper.

19 October 2022

News/crime

UK payment fraud losses show decline

UK Finance has re-iterated its call for cross-sector action to tackle criminal gangs perpetrating large scale fraud in the UK, as figures for the first half of 2022 show that a total of over £609.8 million was stolen through scams.

13 October 2022

News/payments

Sibos 2022: Payments Processing as a Business to boom - Celent & Icon Solutions

Celent and Icon Solutions research released on the first day of Sibos 2022 has revealed that payments processing will soon no longer be perceived as a commodity, but instead as a business opportunity.

10 October 2022

News/retail

75% of UK banks will invest in tech to combat costs – Lloyds

Lloyds Bank research has found that UK financial institutions are increasingly turning to technology to combat the rising costs of living.

10 October 2022

News/payments

Global payments revenues bounce back

After a tough 2020, payments industry revenues rebounded strongly in 2021, growing at an 11% rate and hitting $2.1 trillion globally, according to a report from McKinsey.

10 October 2022