Venkatesh P Co-Founder and Director at Maveric Systems
In the ever-evolving landscape of the banking industry, the significance of artificial intelligence (AI) and machine learning (ML) has grown exponentially. With the rise and fall of numerous buzzwords, AI remains a dominant force, promising to transform banking operations. To approach an AI implementation, especially in the context of Conversati
19 August 2024 /ai /retail Banking Strategy, Digital and Transformation
Carlo R.W. De Meijer Owner and Economist at MIFSA
The world of Decentralized Finance (DeFi) is rapidly evolving. Recent figures related to the DeFi market are showing a firm revival from the dip in 2022 and 2023. And that is not surprising. Upcoming regulation, the emergence of various innovative solutions and technology advancements that address real-world financial needs are fuelling a revival o...
19 August 2024 /crypto Blockchain Observations
John Bertrand MD at Tec 8 Limited
The Financial Times last week reported strong industry resistance to the incoming mandatory reimbursement to bank fraud caused by authorised push payment (APP) fraud. This is understandable as banks since 2015 have not refunded 50% of the reported amounts scammed and now are mandated to refunding 100% of the customers money. A serious recurring an...
19 August 2024 /payments /regulation The future of Payments in Europe
Nicole Pienkos Head of Regional Banking at FIS
Fundamental activities establish a foundation. Gathering low-cost core deposits is a foundational activity for successful commercial banking, especially in these times of high interest rates. “As interest rates have risen, depositors have new options for earning a return on their money,” says Joe Fielding, senior partner and lead of the Americas ba...
16 August 2024 /retail /markets
Sergio Barbosa CIO of Global Kinetic, and CEO of FutureBank. at Global Kinetic and FutureBank
Technology investment has continued apace and, according to Gartner, IT spending in the banking and investment services market is forecast to increase by 8.7% in 2024 and is expected to reach $1 trillion by 2028. But even with all this money being thrown at IT, many Financial Institutions (FIs) are still unable to deliver the innovation they need...
16 August 2024 /payments /retail Banking Architecture
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
Launched in July 2023, the Federal Reserve's FedNow service has been a game-changer in the U.S. payments landscape. As we mark its first year, it’s crucial to understand its impact on financial transactions, especially within the fintech sector. With over 900 financial institutions onboarded, including major players like Chase and Wells Fargo, FedN...
14 August 2024 /payments /retail Banking Strategy, Digital and Transformation
Nicholas Holt Head of Solutions and Delivery, Europe at Marqeta
As more people use smartphones and other mobile devices to conduct their daily lives, mobile payments are becoming increasingly popular, for example, research suggests that over half of US and UK consumers had used a mobile wallet in the last 90 days. Simultaneously, consumers across geographies expressed a growing comfort with the idea of a cashl...
14 August 2024 /payments
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
Last month, the European Commission (EC) adopted a Delegated Act (DA) to postpone the application date of the Basel III fundamental review of the trading book (FRTB) standards in the European Union (EU) for the banks’ calculation of their own funds requirements for market risk until 1 January 2026. The EC essentially considered that the implementa...
14 August 2024
Konstantin Rabin Head of Marketing at Kontomatik
Artificial intelligence (AI) has completely changed the financial trading landscape as it offers traders new tools and strategies that enhance decision-making, increase efficiency, and improve outcomes. AI is evolving almost daily and has a tremendous impact on financial trading. Let’s explore the most transformative AI innovations and new product...
Foday Joof Risk Management Officer at Central Bank of The Gambia
Wild-captured fisheries are critical for food security and economic growth. However, poor fisheries management practices have resulted in overfishing, causing fisheries stock depletion. The Gambia provides a remarkable context as nearly 100% of fish protein consumed in The Gambia is sourced from wild catch. Furthermore, the country often signed ag...
13 August 2024
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.