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

Will 2023 be a watershed year for consumer banking in the US?

Late October saw the Consumer Financial Protection Bureau’s (CFPB) director, Rohit Chopra, announce that the Bureau will push ahead with its plans to finalise rulemaking on personal financial data rights in the US, outlining key areas of focus and the Bureau’s “new approach to regulation.” The same week, the White House announced that the CFPB wo...

22 November 2022 /predictions

John Barber Vice President and Head at Infosys Finacle

A digital future awaits corporate banks

This is an excerpt from Finextra’s report, 'The Future of Digital Banking in the UK 2022'. The past few years have been a period of intense change in the corporate banking world. The ongoing digital revolution, changing market dynamics, and the entry of new challengers have all played a role in metamorphosing corporate banking as we know it. The ...

02 August 2022 /predictions

IFGS 2022: Sequoia's George Robson on fintech predictions for 2022

Finextra Research Writer at Finextra

IFGS 2022: Sequoia's George Robson on fintech predictions for 2022

George Robson, Partner at Sequoia, spoke at the Innovate Finance Global Summit – the flagship event of UK FinTech Week – where he discussed the strengths of the UK FinTech sector and predictions for the sector in 2022. His key points included: The strengths of the FinTech sector in the UK: “In the UK there are many institutions and global leader...

05 April 2022 /predictions

Retired Member

DevOps trends for 2022

Each year, I identify the DevOps trends that I think will have the most impact on the developer community and software providers over the coming year. These trends are generally applicable across industries, as is often the case with DevOps, but I like to select those that I believe to be the most essential for financial services organisations. Th...

16 February 2022 /predictions

Wealth management will see an AI revolution in 2022, delivering hyper-personalisation at scale

Alessandro Tonchia Head of Strategy, Private Banking and Wealth at InvestCloud

Wealth management will see an AI revolution in 2022, delivering hyper-personalisation at scale

The wealth management industry – often thought of as one of the more traditional fields of financial services – is now no stranger to artificial intelligence (AI) and machine learning. Indeed, most firms use it in some capacity today. But to date, its deployment has largely been confined to the automation of repetitive processes to deliver greater...

09 February 2022 /predictions

5 factors driving payments change in Europe in the year ahead

Retired Member

5 factors driving payments change in Europe in the year ahead

Covid taught us to get digital, quick, and the payments industry has responded fast. Now, as we look ahead, it’s a good time to take stock and think about some of the wider political discussions that are likely to dominate in 2022, as well as some of the new regulations being shaped that will impact the European payments industry going forward. Ce...

09 February 2022 /predictions

BaaS: an opportunity that cannot be ignored

Retired Member

BaaS: an opportunity that cannot be ignored

Banks have become accustomed to hearing about potential threats and opportunities from fintech, big tech and digital challengers. Payments and lending have experienced noticeable fintech disruption however, other areas of banking have remained relatively untouched. The scale of disruption from fintechs has been hard to define, and increasingly ban...

18 January 2022 /predictions

Madhvi Sonia Head of Content at Finextra

Finextra’s Top Long Reads of 2021

With 2021 drawing to a close, we take a look back at our most viewed long reads over the course of the past year. 10. Why Biden’s Executive Order is a green light for US open banking Paige McNamee, Finextra reporter, covered Biden’s ‘Executive Order on Promoting Competition in the American Economy’ in July 2021 and the impact it could have on US op...

24 December 2021 /predictions

Digital payments will continue to thrive in 2022, but who will win the competition?

Mikael Lijtenstein CEO at AstroPay

Digital payments will continue to thrive in 2022, but who will win the competition?

This year sees a rise in the use of digital payments following the pandemic as well as the growing utilisation of digital wallets by millennials and generation Z. Given the key role digitisation plays in people’s lives, accelerated by the Covid-19 pandemic, it is undeniable that payments will continue to become increasingly cashless and digital pa...

03 December 2021 /predictions

Banking as a Service requires an ‘outside-in’ approach

Retired Member

Banking as a Service requires an ‘outside-in’ approach

A mindset shift is permeating the banking sector. Historically, banks were closed shops, focused on selling an ever-wider range of their own products and services in order to increase revenue and growth. No more. Finastra’s Financial Services State of the Nation Survey 2021 found that 94% of financial institutions agree that Open Banking is a must...

30 November 2021 /predictions

PREDICT 2022: Cloud, migration, AI, innovation, and more

Madhvi Sonia Head of Content at Finextra

PREDICT 2022: Cloud, migration, AI, innovation, and more

Ahead of 2022, we will be creating a channel on Finextra that collates content on the future of fintech and industry predictions. Here, we will gather long form articles, clustered together, and presented on one page. We will also share these insights on our social channels and with our community via email. I welcome our community to send over the...

23 November 2021 /predictions

Fintech in the USA: 4 trends, their implications, and the way forward in 2022

Madhvi Sonia Head of Content at Finextra

Fintech in the USA: 4 trends, their implications, and the way forward in 2022

To disprove the zeitgeist often associated with the arguably stagnant US financial services industry, the new kids on the block – fintech firms – are now actively solving problems that have lasted and hindered consumer financial lives for too long. According to Insider Intelligence, in-store mobile payments for the US are set to hit $125 billion i...

22 October 2021 /predictions

Long reads