Paige McNamee - Community Author: Finextra Research

Analysing cloud providers’ infrastructure management – the bank perspective

Speaking with two banks with also almost opposite roles and histories, we try to understand how cloud is playing a role in their overarching technology strategy, and the challenges that cloud migration has thrown in their path. Gordon Mackechnie, chief technology officer at Deutsche Bank explains that the bank has effectively three partners for clo...

04 November 2021 /devops

WallStreetBets founder Jaime Rogozinski talks institutional interest in cryptocurrency

Paige McNamee

WallStreetBets founder Jaime Rogozinski talks institutional interest in cryptocurrency

Following the launch of WSBDApp’s exchange-traded portfolio (ETP), WallStreetBets (WSB) founder and strategic advisor to the WSBDApp, Jaime Rogozinski, announced that the decentralised application is launching its DeFi products onto the Bitcoin blockchain on the Money 20/20 stage in Las Vegas. The app will facilitate securities trading by working ...

03 November 2021 /crypto

COP26: What the fintech industry will be looking out for at the climate summit

Paige McNamee

COP26: What the fintech industry will be looking out for at the climate summit

As world leaders begin their descent on Glasgow, we’ve rounded up the key forces and factors likely to demand attention throughout the imminent COP26 event. Drawing leaders from across the globe, the conference is set to see the likes of David Solomon, Jamie Dimon, Larry Fink, and Stephen Schwartzman, among many others, participate in the event’s p...

28 October 2021 /sustainable

Sibos 2021: Using the Swift platform as a springboard to digital

Paige McNamee

Sibos 2021: Using the Swift platform as a springboard to digital

Exploring the significant work Swift has undertaken to reinvigorate the evolution of its comprehensive platform, Finextra compiled key insights from Swift leaders and experts from the payments industry during Sibos 2021 to better understand the cooperative’s strategy for this year and beyond. During the conference’s opening plenary, Yawar Shah, cha...

14 October 2021 /Sibos

How should banks grapple with regulation when crafting their cloud strategy?

Paige McNamee

How should banks grapple with regulation when crafting their cloud strategy?

Digital transformation is becoming further intertwined with cloud migration across financial services. The flexibility, scalability, security, and resilience that cloud environments offer are far superior and incomparable with their predecessors, and financial institutions across the board recognise this value. They appreciate that to compete with...

06 October 2021 /cloud

The Global Open Finance Challenge to lure cream of the fintech crop

Paige McNamee

The Global Open Finance Challenge to lure cream of the fintech crop

The recent announcement of the Global Open Finance Challenge has caused a stir across the fintech landscape – and with good reason. Speaking to Finextra about the upcoming global competition, representatives of NatWest Group revealed not only the motivations behind the bank’s decision to launch this initiative, but also the impressive bounty on of...

22 September 2021 /devops

What’s going on with Binance? The low-down on the drama-ridden crypto exchange

Paige McNamee

What’s going on with Binance? The low-down on the drama-ridden crypto exchange

Thanks to a wave of disgruntled customers and enthusiastic regulators, Binance has been garnering all the wrong types of attention over the past 24 months. Bloomberg reported in March that the firm was under investigation by the US Commodity Futures Trading Commission, with the regulator seeking to determine whether cryptocurrency derivatives were ...

16 August 2021 /crypto

Why Pay.UK sees ISO 20022 as the ‘internet of payments’

Paige McNamee

Why Pay.UK sees ISO 20022 as the ‘internet of payments’

Following the publication of technical materials for organisations implementing ISO 20022, Finextra Research spoke with Pay.UK’s director of standards, James Whittle, to contextualise the need for this new financial messaging standard, and how it fits into the wider New Payments Architecture (NPA) picture. Pay.UK, the recognised operator and stand...

30 July 2021 /regulation

Why Biden’s Executive Order is a green light for US open banking

Paige McNamee

Why Biden’s Executive Order is a green light for US open banking

On July 9 2021, President Biden didn’t just throw a bone to US open banking, he underwrote the mortgage, laid the welcome mat, and set the table to officially welcome open banking to the neighbourhood. Yes, open banking is nothing new to the US. With numerous American unicorns storming out of the gates there is little doubt around the demand for o...

28 July 2021 /regulation

Money Lego: Banking-as-a-Service partnerships and the contractual challenges for banks

Paige McNamee

Money Lego: Banking-as-a-Service partnerships and the contractual challenges for banks

Given the relative youth of Banking-as-a-Service (BaaS), there remain fundamental questions around how banks should approach these arrangements in comparison to what may now be considered traditional fintech/banking partnerships. Speaking on a recent teleconference, legal representatives from Mayer Brown LLP worked through a handful of factors that...

20 July 2021 /regulation

P27 Update: What you need to know about the Nordics’ bold plans for payments

Paige McNamee

P27 Update: What you need to know about the Nordics’ bold plans for payments

P27 was created in 2018 with the lofty ambition of establishing a single pan-Nordic payment infrastructure for the region’s 27 million citizens. The payments infrastructure is set to be a world first – incorporating real-time, batch, domestic, and cross border payments to be carried out quickly and securely on a single platform. A joint initiative...

13 July 2021 /payments

How robust Ultimate Beneficial Ownership strategy positions regulated firms for success

Paige McNamee

How robust Ultimate Beneficial Ownership strategy positions regulated firms for success

It has never been more important for firms to maintain strong systems to appropriately assess customer risk, and yet, obtaining comprehensive ultimate beneficial ownership information presents a significant challenge for many regulated institutions. A lack of clear and consistent data and management of cross-jurisdictional inconsistencies unfortuna...

12 July 2021 /regulation

Long reads