8061 Results
Retired Member
In an increasingly interconnected global economy, cross-border payments play a crucial role in facilitating international trade, commerce, and financial transactions. However, traditional cross-border payment systems have long been plagued by inefficiencies, high costs, and lengthy processing times. In recent years, technological advancements and ...
15 February 2024 /payments /wholesale Banking Architecture
The emergence of Variable Recurring Payments (VRPs) marks a significant milestone in the realm of open banking payments. These innovations are not only elevating security standards but also enhancing user experiences, granting consumers more authority over their transactions, and providing businesses with quicker, more cost-effective, and reliable...
09 February 2024 /payments /inclusion Open Banking
From 2008 to 2022, private funds enjoyed turbocharged growth when their assets under management (AUM) soared five-fold to reach $13 trillion. The AUM metric came to rival returns as the golden benchmark of success and drove a surge in compensation for general partners and their teams. Money rolled into private markets, and with channels to private...
30 January 2024 /regulation /markets Innovation in Financial Services
Across the UK and Europe, property technology (PropTech) is rapidly gaining momentum, enhancing the way properties are bought, sold, rented, and managed. Yet, there's an untapped potential in these markets – a chance to harness more efficient payment processes, secure and accurate data handling, and optimised operational methodologies. Unravelling...
30 January 2024 /payments /inclusion Open Banking
It’s one year down and one to go for European financial organisations to get their houses in order. These institutions will have until January 2025 to ensure their compliance with the Digital Operational Resilience Act (DORA), demonstrating full visibility into their operations and how they ensure resiliency. DORA will be the latest addition to nu...
17 January 2024 /security /regulation Banking Strategy, Digital and Transformation
As our planet takes on the challenges of an ever-growing population, necessity is at the forefront of agricultural innovation. Advanced technologies in the agricultural sector are helping usher in an era where food security and sustainability go hand in hand. We will delve into 14 groundbreaking agricultural innovations that are redefining farming...
28 December 2023 /sustainable /markets Business
2023 has seen the world’s financial institutions take steps toward creating an enduring digital economy. Continued global investment in digital assets technology, improved interoperability (via public and private partnerships and smart frameworks), and a growing appetite for tokenization have set the sector up well for further innovation in 2024. ...
22 December 2023
Satoshi Nakamoto, the pseudonymous Bitcoin inventor and developer, published the white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" in 2009. In it, Nakamoto presented an idea for a peer-to-peer, decentralized, internet-native payment infrastructure that would operate independently of traditional banking systems. Its value, negl...
21 December 2023 /payments /crypto Bitcoin payments
The democratization of private markets has captured the industry’s attention, and it’s easy to understand why. Individual investors own about half of the estimated $275 trillion in global assets under management (AUM), but hold just 16% of alternatives’ market value. High-net-worth individuals (HNWIs) with $1 to $5 million in investable assets re...
12 December 2023 /regulation /markets Capital Markets Technology
The financial services industry faces constant change, from rapid technological advances to new regulations and evolving customer expectations. For financial services companies to succeed today, they need to strike a delicate balance between fostering innovation and cutting costs. Traditionally, firms used expensive third-party solutions to pinpoi...
11 December 2023 /regulation /cloud Artificial Intelligence and Financial Services
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.