1709 articles tagged with this keyword
News/retail
Fintech funding contracted in the first quarter of 2020 as the Covid-19 fallout began to hit late on, according to a Forrester report that warns that many firms will bite the dust as the crisis really kicks in.
24 April 2020
News/startups
While some parts of the European fintech scene, such as lending, are vulnerable to the economic fallout of the Covid-19 pandemic, others, including payments, have a tough but defensible position, says a new report.
22 April 2020
News/inclusion
Fintech can spur financial inclusion by facilitating payments, but it is not a panacea and comes with risks that need to be managed, concludes a report by the Committee on Payments and Market Infrastructures (CPMI) and the World Bank.
16 April 2020
Company update/security
The European Association for Secure Transactions (EAST) has just published a European Payment Terminal Crime Report covering 2019 which reports that terminal fraud attacks were up 35%.
14 April 2020
News/sustainable
Alex Liftman, global environmental executive, Bank of America (BofA), believes “significantly accelerating progress on addressing big global issues like climate change requires going beyond business-as-usual financing to find innovative approaches that can help attract a larger share of capital from a broader set of investors.”
08 April 2020
News/covid-19
Despite public concern that Covid-19 is being transmitted by cash, scientific evidence suggests the risk is low compared with other frequently touched objects, including PIN pads, says a bulletin from the Bank for International Settlements (BIS).
06 April 2020
News/payments
With payments revenue taking a massive hit in the face of the Covid-19 pandemic, the European banking industry is looking to the future, setting out its vision for the future of the market.
03 April 2020
Company update/startups
A new report from Whitecap Consulting has found Greater Manchester is home to a thriving and growing FinTech sector, which (outside London) is the largest regional FinTech ecosystem in England.
02 April 2020
As the fintech sector struggles through the Covid-19 economic fallout, a report from VC Finch Capital offers some light at the end of the tunnel, suggesting that the crisis could ultimately end up benefiting the industry by accelerating the rush to digitisation.
News/crypto
France's central bank is calling for applications from firms interested in experimenting with the use of a digital euro for interbank settlements.
News/wholesale
A paper published by Revolut, entitled “2020 Vision: Taking a closer look at antiquated business practices”, states that 42% of SMEs are looking to change banks in the next 12 months, owing to changing expectations and demands of businesses.
25 March 2020
News/Research/analysis
The era of competition between banks and fintechs is over, with connectivity now seen as the key to a new financial services ecosystem where the 'banking-as-a-platform' model dominates, according to a report from Barclays.
13 March 2020
The Bank of England is calling for input from industry and the public on the pros and cons of introducing a central bank digital currency (CBDC).
12 March 2020
News/regulation
Francesca Hopwood Road, head of regtech at the FCA drilled down on how the hiring process structurally worked against the employment of females in regtech during the Regtech Women’s event ‘Cracking Communications: Be effective, be confident, be compliant’.
The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.
06 March 2020
News/security
The possibility of a serious cyber incident poses a systemic risk to the financial system, with serious consequences for the real economy, warns a report from the European Systemic Risk Board (ESRB).
While financial institutions across the market remain outwardly confident about their LIBOR transition strategy, uncertainty continues to surround the feasibility of achieving the migration within proposed deadlines.
02 March 2020
The number of suspicious transaction and order reports (STORs) recorded by the UK's Financial Conduct Authority (FCA) has reduced for the first time since records began in 2016
28 February 2020
Founder and managing partner of The Redsand Group, Nicole Anderson, announced in a recent interview with Finextra TV that the group will launch a fund to work with the venture community to support fintech aimed at tackling sustainability across financial services through tools such as blockchain and tokenisation.
27 February 2020
The Bank of Canada has no plans to issue its own digital currency, but says this could change if cash usage drops off significantly or private options such as the Facebook-backed Libra gain widespread adoption.
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