Retired Member - Community Author: Finextra Research

Key legal considerations in use of portfolio company data

This article was co-authored by Elizabeth Raymond (partner) and Matthew Marvin (associate) at Mayer Brown LLP. This is the final article in a three-part series from Mayer Brown on digital transformation and its impacts on financial institutions. With the rapidly increasing cost-effectiveness of machine learning and other data analytic tools, priva...

03 February 2022 /regulation

Implications of Central Bank Digital Currencies on Cash Management

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Implications of Central Bank Digital Currencies on Cash Management

Just when we all thought that cash management could not get any more complex central banks have begun introducing a new type of money – Central Bank Digital Currencies (CBDCs). This is an extract from The Future of Digital Banking in Asia 2022 report. CBDCs are a form of electronic money issued by a central banks like the Monetary Authority of Sin...

01 February 2022 /crypto

Measuring, standardising, and actioning ESG should be a boardroom priority

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Measuring, standardising, and actioning ESG should be a boardroom priority

Effective data management is the key to minimising climate impact – and measuring progress. The case for climate-focused finance has never been clearer. Business leaders are facing more pressure than ever before to step up their organisations’ green efforts and help protect the planet for future generations. It is obvious that shifting the economy ...

25 January 2022 /sustainable

BaaS: an opportunity that cannot be ignored

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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

Addressing the IP pitfalls in data monetisation projects

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Addressing the IP pitfalls in data monetisation projects

This article was co-authored by Richard Assmus (partner), Oliver Yaros (partner) and Reece Randall (associate) of Mayer Brown LLP. This article is the first in a three-part series from Mayer Brown on digital transformation and its impacts on financial institutions. 1. Introduction and summary It is often said that data is the “lifebloo...

05 January 2022 /regulation

The Marco Polo Payment Commitment moves trade finance closer to its digital future

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The Marco Polo Payment Commitment moves trade finance closer to its digital future

Digitalisation has long been regarded as the next step forward for trade finance, but the widespread adoption of technological solutions to move from paper to data has so far proven elusive. Angela Koll, Senior Business Expert for Trade and Supply Chain Finance at Commerzbank, explains why the Marco Polo Payment Commitment may well represent a dep...

08 December 2021 /wholesale

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

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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

Sustainable finance: how can banks and fintechs make greener customer decisions?

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Sustainable finance: how can banks and fintechs make greener customer decisions?

Consumers and regulators are increasingly looking for organisations to reduce their social and environmental footprints. Now banks and fintechs must ask themselves what they can do to help. COP26 shouldn’t be the motivator, but it might just provide the high profile prompt for some to make necessary change. Earlier this year Rishi Sunak gave clear...

02 November 2021 /sustainable

Tailoring Treasuries: How innovation is driving comparative advantage for asset-based businesses

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Tailoring Treasuries: How innovation is driving comparative advantage for asset-based businesses

In this article we examine how asset-based businesses are using innovation to gain comparative advantage through increased operational agility. Firms that employ asset-based business models – predominantly found in the real estate, transportation, infrastructure or energy industries – are transitioning to in-house bank operating models utilising v...

24 September 2021 /wholesale

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Toward a European digital identity

Last June the European Union announced the future creation of digital identity wallets as part of a change in its electronic identification regulations. The measure represents a major step forward in the harmonization of identity systems in Europe. Obviously, the Covid-19 crisis has provided an extraordinary boost to digitalisation, and the capacit...

09 September 2021 /identity

Emerging markets and the compliance challenge

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Emerging markets and the compliance challenge

Following the global financial crisis in 2008, correspondent banks began reassessing their emerging market strategies. In recent years, both compliance costs and potential regulatory risks have grown sharply, making it more challenging to stay engaged. Many banks have already decided they would rather not take on the challenge – as the 22% global d...

06 July 2021 /regulation

Embracing digital solutions to confine late payments to history

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Embracing digital solutions to confine late payments to history

The coronavirus pandemic has affected businesses of all sizes, across a range of sectors. However, SMEs have been particularly hard hit when it comes to the issue of late payments. According to the UK Government, currently, £23.4bn worth of late invoices are owed to firms across Britain, which it states is hindering businesses’ cash flow and their...

30 April 2021 /payments

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