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120 Results from "Madhvi Mavadiya"

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

Differentiation in the digital economy: a new wave of risk management innovation

If banks fail to take advantage of the potential that innovative technology provides, financial ecosystems risk remaining fragmented, heterogeneous and gaps could form in the infrastructure for criminals to infiltrate. However, today, post-financial crisis and amid the Covid-19 pandemic, financial institutions are utilising a variety of applicatio...

/security

Madhvi Mavadiya

Madhvi Mavadiya 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...

/predictions

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

The future of ESGtech: Goal 6 - Clean water and sanitation

Ensure availability and sustainable management of water and sanitation for all. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus Target 6.a: By 2030, expand international cooperation and capacity-building support to developing countries in water- and sanitation-related activities and programmes, including water harvestin...

/sustainable

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

The future of ESGtech: Goal 2 - Zero hunger

End hunger, achieve food security and improved nutrition and promote sustainable agriculture. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus Target 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, in particular women, indigenous peoples, family farmers, pastoralists and fish...

/sustainable

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

The future of ESGtech: Goal 1 - No poverty

End poverty in all its forms everywhere. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus Target 1.4: By 2030, ensure that all men and women, in particular the poor and the vulnerable, have equal rights to economic resources, as well as access to basic services, ownership and control over land and other forms of property...

/sustainable

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

How banks can transition to become platform players in the corporate lending market

The future of financial services is open. Today’s market trends have led to the emergence of yet another fintech buzzword: managed services. Managed services can be defined as when a technology service provider hosts and manages applications, removing the burden from the bank, opening up flexibility around software and prioritising digital transfo...

/cloud

Madhvi Mavadiya

Madhvi Mavadiya 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...

/predictions

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

Utilising Banking-as-a-Service for personalised propositions

With the shift away from one-size-fits-all, product-centric models to transparent customer-centric alternatives, the necessity of accommodating unmet needs will become central to competitiveness. Research by Deloitte found that customer centric companies were 60% more profitable compared to companies that were not focused on the customer. Further,...

/cloud

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

Looking ahead to the emerging lending trends of 2022

The economic uncertainty of the Covid-19 pandemic has reiterated the importance of the modern lending market. While agile fintech firms adapted to the constraints of coronavirus lockdowns to meet customer expectations, traditional lenders channelled investment into technology to accelerate innovation already set in motion. To ensure the continuati...

/retail

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

Why on-premises core systems no longer meet needs

According to Allied Market Research, the open banking market is growing at 24.4%, reaching $43.15 billion by 2026, accelerating as a result of the Covid-19 pandemic, but part of an inevitable control shift in the financial sector. As the industry grows into open finance, financial services is beginning to fundamentally redefine customer interacti...

/cloud

Madhvi Mavadiya

Madhvi Mavadiya Head of Content at Finextra

Progression beyond open banking to open finance

The financial services industry is already looking beyond open banking to open finance, or what Capgemini referred to as ‘Open X’ in the Capgemini World Retail Banking 2019 report. Customer awareness of open banking remains negligible, and some account servicing payment service providers (ASPSPs) missed multiple deadlines for changes to dedicated ...

/cloud

Madhvi Mavadiya

Madhvi Mavadiya 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...

/predictions