Retail banking - Long Reads, News, Articles & Research: Finextra

Bank-fintech partnerships: Banking on innovation in 2025

Lauren McCollom SVP and Head of Embedded Finance at Grasshopper

Bank-fintech partnerships: Banking on innovation in 2025

The fintech sector has evolved into a critical pillar of modern banking, and in 2025, it is poised for another year of growth. Building from the momentum in the second half of 2024, this year, the sector is expected to see increased investment and merger and acquisition activity, leading the industry to grow by more than 25% and reach a valuation ...

20 February 2025 /retail

Super Bowl 2025: Fintech firms that took centre stage with multi-million dollar ads

Madhvi Sonia Head of Content at Finextra

Super Bowl 2025: Fintech firms that took centre stage with multi-million dollar ads

Fintech firms have increasingly used the Super Bowl to elevate their brands, and this year was no different. The 2024 edition saw fintech companies spending $7 million for a mere 30 seconds of airtime, and this year, that figure rose to $8 million per ad for Super Bowl LIX, in which the Philadelphia Eagles defeated the Kansas City Chiefs 40-22 in ...

10 February 2025 /retail

Liam Xavier Media Producer at Finextra

What happened at Santander?

UK exit rumours, regulatory tensions and market instability; a short-lived rumour about Santander’s future on the UK high street emerged recently. Despite a rebuttal from its executive chair Ana Botín, the saga revealed a bubbling weakness under the surface of retail banking. Here’s everything you need to know. Santander UK performance The story b...

30 January 2025 /retail

Scott Hamilton Contributing Editor at Finextra Research

Should the FDIC be eliminated?

Do Americans really want to eliminate the agency that has protected their bank deposits (to a point) from sudden, unexpected losses due to their financial institution’s failure – and done so since the Great Depression? We’re about to find out, if stories circulating recently through Wall Street and Washington, DC are true. According to many major ...

23 December 2024 /retail

How retail giants like Starbucks and Staples are handling cash

Scott Hamilton Contributing Editor at Finextra Research

How retail giants like Starbucks and Staples are handling cash

Despite the steady growth of debit or credit card transactions to a high percentage of their daily totals, retailers still must manage cash deliveries and collections for the remainder, other than the small number of items paid for via cheque or purchase order. That’s what a recent panel of three treasury leaders from leading retailers talked abou...

12 December 2024 /retail

What is customer onboarding in financial services?

Hamish Monk Senior Reporter at Finextra

What is customer onboarding in financial services?

Onboarding is the process by which a prospective customer’s information is collected, assessed and verified by a financial institution – before services are extended. The aim is not just to ensure all relevant legal and regulatory requirements are satisfied; it is to avoid customer abandonment along the way. This is both a business and a compli...

26 November 2024 /retail

Top 10 Klarna stories for 10 years of Klarna

Níamh Curran

What is core banking?

With modernisation ever at the forefront of financial professionals’ minds, core banking is the buzz phrase that just won’t go away. But what exactly do we mean by core banking? And why does it need updating? In this latest article of Finextra’s explainer series, we’ll dive deep into the history and transformation of core banking. A short history ...

24 September 2024 /retail

Embedded finance adoption: What are the real catalysts?

Retired Member

Embedded finance adoption: What are the real catalysts?

Embedded finance has become one of the biggest buzzwords of the 2020s in the fintech space. It broadens access to financial services, simplifies user journeys, lowers barriers to purchases—and of course has been a major growth driver for all kinds of companies. Embedded finance—which essentially means providing financial services at the point of g...

17 September 2024 /retail

Scott Hamilton Contributing Editor at Finextra Research

US cheque dependency: Time for a change

The US leads the way in cheque usage among most countries across the globe, with about 11 billion items issued according to the most recent in-depth study available (2021). That’s a dubious honour, to be sure, though that annual item number has continued to drop over the past three years. Only France got anywhere close to the US in terms of per c...

16 September 2024 /retail

Scott Hamilton Contributing Editor at Finextra Research

US cheque dependency: How we got here

Why does the US lead the world in the use of paper cheques? And why haven’t these traditional payment instruments simply ‘gone away’ given all the tremendous advances that have been forged in the financial services ecosystem, especially over the past 20 years or so? In many countries, they simply don’t exist at all, and in some, financial institut...

10 September 2024 /retail

How to onboard a new customer: Streamlining banks' journeys

Hamish Monk Senior Reporter at Finextra

How to onboard a new customer: Streamlining banks' journeys

Customer onboarding describes the process by which banks and financial institutions take uninitiated individuals and give them access to pre-agreed products. The challenges around this journey include bringing numerous segments of the bank together; ensuring communication with the customer is clear and concise; as well as that all compliance boxes...

30 July 2024 /retail

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