DevOps - Long Reads, News, Articles & Research: Finextra

Future of Fintech in Africa 2023: Data penetration could be improved with better infrastructure

Níamh Curran Senior Reporter at Finextra

Future of Fintech in Africa 2023: Data penetration could be improved with better infrastructure

This is an excerpt from The Future of Fintech in Africa 2023 report. Africa is maturing as a fintech market. McKinsey predicts that the financial services market in Africa could grow at 10% per annum through 2025 reaching $230 billion in revenues, excluding South Africa. The diagram shows that African fintech growth exceeds that of the global benc...

14 August 2023 /devops

The Quantum Series: Finextra’s intro to Quantum Computing

Paige McNamee

The Quantum Series: Finextra’s intro to Quantum Computing

Finextra is firmly focused on keeping our audience abreast of the key trends and updates impacting the financial services and fintech landscape. It’s only fitting then, that we take the time to delve into the world of quantum computing. While it is still very early in the developmental stage of quantum computing, 2022 research from the World Econo...

01 August 2023 /devops

Future of Fintech in Africa 2023: AI developing rapidly, but South Africa leads the charge

Sehrish Alikhan Reporter at Finextra

Future of Fintech in Africa 2023: AI developing rapidly, but South Africa leads the charge

This is an excerpt from The Future of Fintech in Africa 2023 report. Since the Covid-19 pandemic, there has been an increase in AI-related startups and national AI advancements in Africa. The continent as a whole faces issues with large geographic swathes and population segments which remain undigitised, resulting in a huge unbanked population. Ho...

27 July 2023 /devops

Scott Hamilton Contributing Editor at Finextra Research

Open finance in the corporate world

Banking and finance, circa 2019: Everybody knows large corporates and international firms are the only ones who need more than one bank, right? And for those who do, there are all sorts of customised connectivity options offered by the banks they use, and even APIs to make it work beyond those in-house systems, if required. So why does any less c...

22 June 2023 /devops

Níamh Curran Senior Reporter at Finextra

The clever use of data

Data is crucial to every financial institution and a coveted asset for customer growth and innovation. The incentives of having and using data are well known and offer benefits to both financial institutions and consumers. This is an excerpt from Future of Payments 2023. There is the possibility for financial institutions to have greater collaborat...

21 June 2023 /devops

How can the potential for open finance in Europe be unleashed and become a reality?

Madhvi Sonia Head of Content at Finextra

How can the potential for open finance in Europe be unleashed and become a reality?

This is an excerpt from The Future of Digital Banking in Europe 2023, a Money 20/20 special edition. Justin Basini, CEO, ClearScore, believes that we have reached a tipping point in the open finance space. “The pandemic drove increased consumer adoption of digital channels and an increased propensity for consumers to share data online. Furthermore...

07 June 2023 /devops

How will data and analytics shape the future of financial services?

Germán Diego Rodríguez Martinez Global Head of Data Driven Banking at NTT DATA

How will data and analytics shape the future of financial services?

Data and analytics (D&A) in banking and financial services (BFS) is an area that has seen a huge amount of growth, innovation, and development in recent years. The D&A services market is expected to reach a valuation of $150 billion by 2024, which would represent a 150% increase from where it stood just 5 years ago. As an industry, BFS is ...

30 March 2023 /devops

Open banking year five: The journey from open finance to open everything

Madhvi Sonia Head of Content at Finextra

Open banking year five: The journey from open finance to open everything

This review of the progress of the UK’s Open Banking initiative is the fifth in the series, marking the fifth anniversary of the launch of the Second Payments Services Directive (PSD2) on 13 January 2018. The past five years has seen the CMA9 - Allied Irish Bank, Bank of Ireland, Barclays, Danske Bank, HSBC, Lloyds, Nationwide, RBS and Santander -...

13 January 2023 /devops

The Future of Digital Banking in North America: Building the experience of finance

Paige McNamee

The Future of Digital Banking in North America: Building the experience of finance

This is an excerpt from Finextra’s report, 'The Future of Digital Banking North America 2023'. As we delve deeper into the realm of digitised financial services, it is becoming clear that the line between physical and digital experiences are becoming increasingly blurred. This is due in no small part to the experiential applications, products, and ...

26 October 2022 /devops

The Future of Digital Banking in the UK: What comes after digital transformation?

Madhvi Sonia Head of Content at Finextra

The Future of Digital Banking in the UK: What comes after digital transformation?

This is an excerpt from Finextra’s report, 'The Future of Digital Banking in the UK 2022'. Technology is not a silver bullet for digital transformation. Investing in technology is of paramount importance but placing too much importance on the performance of technology in digital transformation will become a barrier to success. Digital transformat...

08 August 2022 /devops

Embrace change and be the bank your customer needs

Retired Member

Embrace change and be the bank your customer needs

This is an excerpt from Finextra’s report, 'The Future of Digital Banking in the UK 2022'. Change projects can be intimidating, but there is a way to manage the journey that will help reduce costs, as well as over-dependence on legacy banking platforms and antiquated technology. For many big banks, adopting a change strategy is an intimidating p...

21 July 2022 /devops

The trends transforming today's digital banking

Vasile Valcov Chief Commercial Officer at Salt Edge

The trends transforming today's digital banking

This is an excerpt from Finextra’s report, 'The Future of Digital Banking in the UK 2022'. Close your eyes for a second. Imagine you’ve just looped into the future and are now getting ready to order something online. You’re scrolling through websites, looking for the perfect match between price and quality. All of the sudden, you get a notificat...

18 July 2022 /devops

Long reads