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

Vietnam's fintech transformation: Driving a new approach to banking SMEs

Ilko Batakliev Head of Design at Techcombank

Vietnam's fintech transformation: Driving a new approach to banking SMEs

This article was co-authored by Leon Gauhman, co-founder and CPSO at digital product consultancy Elsewhen. The World Economic Forum predicts that 70% of new value created this decade will be based on digitally enabled technologies—and Vietnam's thriving, digitally literate, small business sector is an example of this trend in action. Powered by s...

09 September 2024 /markets

The future is now: Open Finance is here to stay

Dominique Dierks Content Manager at Finextra

The future is now: Open Finance is here to stay

This year, open banking in the UK celebrated its sixth birthday and reached the milestone of 10 million customers. In today’s world of instant and cross-border payments, the era of Open Finance has well and truly arrived. Customer demands are changing, and data is becoming increasingly vital for financial institutions. Open Finance allows banks to...

05 September 2024 /markets

Scaling a fintech abroad: Five key considerations for successful expansion

Chloé Wade VP International Financial Services UK at IDA Ireland

Scaling a fintech abroad: Five key considerations for successful expansion

Internationalisation and expansion into wider markets is a critical part of the growth strategy for all multinationals, and fintechs are no exception to this. Leveraging extensive experience in supporting businesses to grow abroad, Chloé Wade, VP of International Financial Services UK at IDA Ireland explores five essential steps that fintechs shou...

23 August 2024 /markets

US election 2024: What will Trump VP pick J.D. Vance bring to fintech?

Madhvi Mavadiya Head of Content at Finextra

US election 2024: What will Trump VP pick J.D. Vance bring to fintech?

“AI poses a number of safety concerns and I fully admit that there are a number of issues I worry about as AI continues to develop. In particular, you could imagine a scenario where AI makes these chatbots much more efficient, much more believable, allows predators to prey on children more easily online. That is a real concern and something that I...

18 July 2024 /markets

Fintech market picks up as confidence grows

Antoinette Barnard Head Sales and Alliances B2B Services, Rabobank at Rabobank

Fintech market picks up as confidence grows

2023 was, according to some measures, far from a good year for the fintech sector in Europe. After a record-breaking post-pandemic period, 2023 saw a correction, leading to drops in valuations. The European fintech market experienced significant challenges due to factors outside of its control. The global economic environment was tumultuous, and ...

17 July 2024 /markets

US election 2024: What does Project 2025 say about finance and fintech?

Madhvi Mavadiya Head of Content at Finextra

US election 2024: What does Project 2025 say about finance and fintech?

We went through The Heritage Foundation’s 922 page document 'Mandate for Leadership 2025: The Conversative Promise' so you didn’t have to. While it is common for think-tanks from opposite sides of the political spectrum to propose policies for governments-in-waiting, the initiative dubbed ‘Project 2025’ has resulted in recent widespread concern des...

11 July 2024 /markets

Sehrish Alikhan Reporter at Finextra

Is the UK in a credit crisis?

It should not be a surprise, given that the UK is deep into a cost-of-living crisis with nothing to indicate relief on the horizon, that there is also a credit crisis underway. Living costs leading to debt burdens The cost-of-living crisis has increased the prices of household bills including energy and water, as well as inflating prices of housing...

10 July 2024 /markets

UK election 2024 fallout: What are Labour’s plans for fintech?

Sehrish Alikhan Reporter at Finextra

UK election 2024 fallout: What are Labour’s plans for fintech?

The Labour Party’s landslide victory in the UK general election last week kicked the Conservatives out of office, replacing Prime Minister Rishi Sunak with Keir Starmer. However, while the Labour Party gained the majority of seats in the house, the Tories retained 121 seats, and other notable parties, including the Green Party, Reform UK, and Libe...

09 July 2024 /markets

UK and US elections 2024: How inflation and perceptions are influencing votes

Scott Hamilton Contributing Editor at Finextra Research

UK and US elections 2024: How inflation and perceptions are influencing votes

In the UK, it’s contributed to “consumers addicted to ‘financial doomscrolling’ fuelled by economic angst”, according to a recent survey by FIS. In the US, it’s marked by an electorate feeling ‘shakier’ about the economy and licking their wounds from previously soaring post-pandemic prices across nearly every buying category. What are we talking...

01 July 2024 /markets

UK and US elections 2024: The impact on finance and fintech

Scott Hamilton Contributing Editor at Finextra Research

UK and US elections 2024: The impact on finance and fintech

As we head into national general elections in the US and Europe over the coming months, many financial institutions and fintechs are wondering just what it would mean to their operational and profit models if one of the incumbent national leaders wins, or if a current lead candidate or likely candidate (in the case of the prime minister in the UK,...

18 June 2024 /markets

US Federal Reserve leaves interest rates unchanged, what’s next for banks and customers?

Scott Hamilton Contributing Editor at Finextra Research

US Federal Reserve leaves interest rates unchanged, what’s next for banks and customers?

With the US Federal Reserve’s announcement Wednesday to hold interest rates steady at a target benchmark of 5.25-5.50%, broad implications of this decision are starting to line up across the financial services arena. Continuing at the highest level since 2001, current rates are being held in place by the central bank board because of what they cal...

02 May 2024 /markets

What is T+1 and why has the SEC has ruled to shorten settlement cycles from T+2?

Madhvi Mavadiya Head of Content at Finextra

What is T+1 and why has the SEC has ruled to shorten settlement cycles from T+2?

With less than one month to go before the T+1 deadline of 28 May 2024, brokerage firms across North America are preparing for the transition from securities transactions being settled in two business days – T+2 – to just one day. This will apply to transactions for stocks, bonds, municipal securities, exchange-traded funds, certain mutual ...

30 April 2024 /markets

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