702 Results from /predictions
Vivek Dubey Senior Manager at Capgemeini
This year has been amazing from a Technology perspective, the way the usability aspect of Gen AI is discussed in every forum, board room, and at individual level across industries is unparalleled. We can say 2023 is the year of technology belief and confidence in accepting the technology through heavy investments in building an innovation culture ...
10 December 2023 /retail /predictions Fintech
David Hensley Founder at Enryo Limited
Amidst the Digital Age, Cash appears to have made a brief comeback, not unlike the end of the resession in 2008. In a world increasingly dominated by digital payments, the news of a resurgence in cash usage might seem counterintuitive. However, recent data from the BRC suggests that cash is making a "comeback", with a 7% increase in the ...
07 December 2023 /payments /predictions Imagine a world without cash
Ruth Chambers Client Partner at GFT
I was thrilled to see the conversations at the recent Digital Asset Week in London shift from the narrative of the last few years, which was a heavy focus on a wide range of Proof of Concepts (POCs), to more of a showcase of programmes in production from global banks, securities servicing firms and financial market infrastructure providers. There ...
07 December 2023 /payments /predictions Blockchain in Banking and Financial Services
Prakash Pattni MD, Financial Services Digital Transformation at IBM Cloud
We have seen cloud computing experience exponential growth over the last few years. As this trajectory continues into 2024, we expect enterprises to simultaneously balance innovation with risk management and meeting the growing demands of regulators, which include managing and mitigating cloud concentration risks and operational resilience. Withou...
07 December 2023 /cloud /predictions Digital Bank Transformation
Marat Nevretdinov Managing Director at HDI Embedded
Embedded insurance is tapping into the wider embedded finance trend and all for good reason. Promising to meet customer needs and demands, embedded insurance is a direct integration of insurance offerings with consumer products that offer seamless transactions and enhanced convenience. Projected to grow more than six times larger by 2030 to $722B...
07 December 2023 /predictions Banking Strategy, Digital and Transformation
Raj Bakhru CEO at BlueFlame AI
Alternative investment managers recognize the potential of AI and have spent 2023 experimenting with the multiple tools available. Unfortunately, while everyone has seen the power of ChatGPT and personal tools, most have struggled with how to make this usable in their work lives. In many cases there have not been clearly enough defined objectives,...
06 December 2023 /regulation /predictions Alternative Investments
Vlad Dobrynin Founder & CEO at Humans Group
Soon, all companies, regardless of their business area, will have to engage with fintech. Back in 2020, this was the forecast presented by analysts at the Andreessen Horowitz venture capital fund. For instance, taxi and delivery aggregators are creating their own payment services, financial transfer systems are being integrated into messengers, gi...
05 December 2023 /payments /predictions Banking Regulations
Lydia Coyle Management Consultant at Woodhurst
Modernising the tech stack is fundamental to becoming a Modern Mutual – prioritising automation, channel consistency, seamless customer experiences, and leveraging insights from data. Whilst modernisation isn’t just about technology, it does still play a key role in delivering a better, more efficient and digitally enabled service to your customer...
05 December 2023 /inclusion /predictions Financial Transformation
Alexandre Semenov Customer Solutions Lead at SAS
July 1, 2025 marks the scheduled implementation date for the forthcoming regulatory adjustments. Since its launch in September 2017, the Office of the Superintendent of Financial Institutions (OSFI) has embarked on a commendable journey towards instating standardized protocols within the financial industry. These initiatives have, over time, contr...
04 December 2023 /regulation /predictions Regulatory Reporting
Retired Member
Open banking infrastructure is a game changer for merchants, banks and consumers alike, significantly reducing costs, driving higher payment conversion, providing more security and providing instant settlement. At first glance, adoption of the new tech is strong, with the Open Banking Limited institute recording a 68.2% annual increase in usage t...
04 December 2023 /payments /predictions Open Banking
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