Research/analysis

1709 articles tagged with this keyword

/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.

/startups

Oliver Wyman and SFA publish report on Singapore's fintech scene

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.

/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.

/payments

Codebase and AMF publish Mena open banking report

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.”

/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

Third of FS and banking staff wanted to quit job over processes, during pandemic

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.

/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).

/cloud

Driving decisions through cloud migration and data governance

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.

/retail

Banking apps more popular than social media during pandemic - Mastercard

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.