1516 Results from 2023
Sridhar Ramamurthi Industry Advisor at TCS
In an earlier blog (titled: Being purpose-led: Considerations for Financial Services firms – What does it mean?), we explored what purpose-led means with a few examples. So far, the articulation of the (positive) impact of the aforementioned (earlier blog) financial service instances has been largely qualitative and subjective, making inferences a...
24 January 2023 /wealth /retail Finextra site news
Victor Martin CMO at SquareRoot
Milan Cundera once declared, "Business has only two functions – marketing and innovation." Even though ongoing studies demonstrate a higher Return On Investment (ROI) with investing in Marketing, businesses often neglect this critical component of their operation to focus on Innovation alone. Investing in both is essential for maintainin...
24 January 2023 /startups /markets Financial Inclusion
Sean Salloux CEO at Sentinel Digital
In emerging markets, digital transactions are booming and providing financial inclusion to underserved countries. Emerging markets are driving technological advancements in the digital payments sector, as non-bank providers capitalise on the need for increased financial accessibility and wider services. Digital wallets, QR codes, and smartphone app...
23 January 2023 /payments /crypto Fintech
Deepshikha Mittal Senior Manager at Cognizant
Regulators, in recent years, have increased market surveillance by enforcing mandatory disclosures via Trade and Transaction Reporting (as per MIFID II and EMIR). In MarketWatch 70, the FCA highlighted some observations on the deviation from its regulatory guidance by firms as evidenced in the inaccuracies and shortcomings in their Transaction Rep...
23 January 2023 /regulation /wholesale Regulatory Reporting
Daniel Cohen Chief Product Officer at PayU GPO
In comparison to 2021, last year saw a slowdown in growth across many fintech sectors, including banking, insurtech, and regtech. Despite this, Deloitte pegs the value of the fintech sector at $180 billion, and projects that figure to soar to a mind-boggling $213 billion by 2024. It’s often during times of recession and economic strain that we...
23 January 2023 /predictions Fintech
Brad Goodall CEO at BANKED
The past 12 months have been tough for payment providers across the board, with market volatility and the end of cheap money leading to funding cuts, mass layoffs, and redundancies. Many firms have been struggling, and certain news stories demonstrate the ongoing challenges. Last year, Klarna laid off 10 per cent of its workforce, and its valuatio...
22 January 2023 /payments /startups E-commerce
Back in 2002, the fraud losses related to eCommerce fraud on UK-issued debt and credit cards amounted to 28 million pounds. Decades later, that number continues to skyrocket, with the annual losses hitting 376.5 million pounds as of 2020. During the pandemic, as people spent more time online than ever, there were new waves of online crime. Ove
22 January 2023 /payments /crime Payments strategies 2015-2020-2030
Bency Byju Consulting Patner at Not Applicable
How Digital twin technology can be leveraged in insurance industry Digital Twin technology has been around for decades. The concept is believed to have its origin at NASA when simulations were carried out to bring back the Apollo 13 astronauts. Gartner defines digital twin as a digital representation of a real-world entity or system. Simulations ...
21 January 2023 /predictions Digital Insurance Trends
Retired Member
We are entering 2023 with tighter belts this year. However, we leave 2022 with unmatched blockchain experience, both good and bad. Will trends from 2022 roll into the new year? We look at how the financial system reacted to distributed ledger technology (DLT) in 2022 and what that predicts about its direction in 2023. Cutting a long story short, ...
20 January 2023 /markets /predictions Banking Strategy, Digital and Transformation
Brian Montgomery Senior Director, International Finance at Workday
In this turbulent macroeconomic environment, CFOs are expected to steer the business through difficulties, outwit the opposition, and come out stronger on the other side. This calls for financial executives to be flexible, set new priorities, and reevaluate what is technically and procedurally feasible. CFOs and their teams will need to reimagin...
20 January 2023
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