Research/analysis

News/ai

AI to impact more than half of banking jobs - Citi

AI is set to upend the finance industry, adding tens of billions of dollars in profit while leading to the automation of as many as half of jobs in the sector, according to research from Citi.

21 June 2024

News/security

Scammers can crack almost half of passwords in less than a minute

Scammers could crack 45% of passwords within a minute, using brute force or smart guessing attacks, warns security firm Kaspersky.

21 June 2024

News/crypto

Digital pound would not require new POS systems - BofE

Existing point-of-sale terminals in the UK could be used to initiate digital pound payments, according to research from the Bank of England.

14 June 2024

News/identity

UK home to 3m 'Frankenstein identities, posing multi-billion pound threat

The UK is home to nearly three million "Frankenstein" identities stitched together by fraudsters out of real and made up personal details, according to researchers who warn of a potential multi-billion pound hit to the economy.

13 June 2024

Research/Research/analysisSurvey

Payments Modernisation: The Big Survey 2024

13 June 2024 1152 downloads

Research/Research/analysisFuture of Report

The Future of Digital Banking in Europe 2024

04 June 2024 969 downloads

News/ai

Pay.UK hails fraud detection pilot results

Pay.UK says a fraud detection pilot involving Visa has exceed expectations, suggesting that it could save the country's economy over £112 million a year.

30 May 2024

News/markets

Pursuit of faster settlement times via DLT will hit market quality

Adopting distributed ledger technology in the pursuit of faster settlement times could hit liquidity and increase transaction costs, warns research from the World Federation of Exchanges (WFE).

23 May 2024

News/retail

Half of young Brits left frustrated after finding local branch has closed

Half of young Brits have been left frustrated after finding their local branch closed when they needed it, according to research from Nationwide.

20 May 2024

News/startups

European fintechs expect to grow business in next year

Optimism is returning to Europe's fintech sector, suggests new research from MHP Group which shows that more than three quarters of firms expect their business to grow in the next 12 months.

16 May 2024

News/retail

HSBC adds savings tool to mobile app

HSBC has added a feature to its mobile app in the UK to help customers identify, plan and manage their saving goals.

14 May 2024

News/sustainable

US banks to struggle with climate risk data – Federal Reserve

According to a climate scenario analysis by the Federal Reserve, American banks are set to experience challenges in predicting the impact of climate change on their loan books due data and modelling difficulties.

10 May 2024

News/security

Global mobile banking malware surges 32%

Global mobile banking trojan attacks on Android users grew by a third in 2023, while cryptocurrency-related phishing also saw a sharp increase, according to a Kaspersky report.

10 May 2024

News/crypto

Blockchain researchers use AI to spot Bitcoin money laundering

Researchers from Elliptic, IBM Watson and MIT have used AI to detect money laundering on the Bitcoin blockchain.

02 May 2024

News/security

HSBC and PayPal tackle quantum-safe cryptography in payments

HSBC and PayPal are among the founding member of a new working group investigating the adoption of quantum-safe cryptography in the payments industry.

29 April 2024

News/inclusion

Economic conditions, energy, cost of living rank highly in ethical risk factors for UK businesses

What is ethical risk? Ethical risk consists of the risks that could impede an organisation’s ability to live up to its ethical values and standards which impact consumer trust, reputation, and financial performance.

26 April 2024

News/crypto

Visa develops dashboard to make sense of stablecoin activity

Visa has teamed up with blockchain data provider Allium Labs to build a dashboard that helps people make sense of stablecoin activity.

26 April 2024

News/markets

NextGen Nordics 2024: NPC promoting innovation and harmonisation in the Nordics

NextGen Nordics, Finextra’s annual payments event, kicked off on April 23 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry.

23 April 2024