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

Mike Elliff CEO at Tyl by NatWest

The challenge of chargebacks

2020 saw many powerful shifts in our society. From a business point of view, the rise of online shopping and the subsequent accelerated shift to digital payments brought about by the pandemic was a key feature which looks set to stay. Whilst many traditional bricks and mortar businesses have successfully adapted and established an online presence i...

07 January 2021 /predictions

Volatility and recovery: The role of alternative data in 2021

Retired Member

Volatility and recovery: The role of alternative data in 2021

Demand for alternative data grew significantly in 2020 as institutional investors sought to understand market volatility from more dimensions. This growth means that datasets that were previously the domain of hedge funds, discretionary asset managers will be more accessible to non-institutional investors as well, to make equally informed decision...

06 January 2021 /predictions

Elliott Limb Chief Customer Officer at Mambu

A return to relationship banking

The move away from customer-centric banking was so gradual that we barely noticed it. There was a time when having a personal relationship with your local branch manager who you met with regularly, understood your finances and gave you advice was commonplace. Digital technology changed this, focusing on convenience, increasing competition and maki...

04 January 2021 /predictions

Madhvi Sonia Head of Content at Finextra

Finextra’s Top Long Reads of 2020

With 2020 drawing to a close, we take a look back at our most popular long reads over the course of the past year. What should be taken into account if Artificial Intelligence is to be regulated? In this article, Juan Murillo, Senior Manager of Data Strategy at BBVA, and Jesús Lozano, Manager of Digital Regulation at BBVA, analyse the potential im...

24 December 2020 /predictions

Navigating core banking in Covid-19’s economic climate

Paige McNamee

Navigating core banking in Covid-19’s economic climate

At first glance, the premise of attempting to satisfy ever-more demanding consumer expectations seems an obvious pursuit. Yet, delivery of these products in the timeframe and friction-free format that customers crave isn’t always possible, due to the incongruence of ill-equipped core banking architecture and the advanced capabilities required to

23 December 2020 /predictions

KYC Utilities - is technology the answer?

Jamie Crawley

KYC Utilities - is technology the answer?

KYC utilities will expedite onboarding and other processes, helping to improve user experience and operational efficiency, but the legal nuance to KYC means that technology may not be a panacea. Fines punishing financial services firms for non-compliance with know your customer (KYC), anti-money laundering (AML) and sanctions regulations have total...

17 December 2020 /predictions

Brexit: The end of the saga is almost in sight...and now what?

Retired Member

Brexit: The end of the saga is almost in sight...and now what?

Assuming that both parties can agree, the ratification process will not be easy and there will be disruptions after January 1st. Nevertheless, a lasting appreciation of the UK equities remains possible next year. Given the years of Sturm und Drang*, the Brexit process qualifies as a 'saga'. On the 31st December 2020, the UK will end the transition ...

10 December 2020 /predictions

Beyond Invisible Solutions: Banks Should be Preventing Fraud, not Playing Catch Up

Madhvi Sonia Head of Content at Finextra

Beyond Invisible Solutions: Banks Should be Preventing Fraud, not Playing Catch Up

Ville Sointu, head of emerging technologies at Nordea, highlights that the intent of GDPR was “fantastic. It provides better data protection for the citizens of the European Union and beyond and therefore, asking companies to be more diligent with personal data and giving customers more control.” However, despite these intentions, there are downsi...

17 November 2020 /predictions

Long reads