Latest long reads: Finextra Research

Níamh Curran Senior Reporter at Finextra

What’s happening at Temenos?

Temenos shares dropped on 15th February after Hindenburg Research published a report with damning allegations which claimed the company had major accounting irregularities and failed products. Temenos has refuted the allegations made in the report, stating that the claims are inaccurate and false. Here is a recap on the players involved in this sto...

27 February 2024 /retail

The FinCrime outlook 2024: Money mules, AI, and new PSR rules

Níamh Curran Senior Reporter at Finextra

The FinCrime outlook 2024: Money mules, AI, and new PSR rules

Financial crime is on the rise every year, as criminals hone their tools with new technologies and find more ways to circumvent controls. As cybercriminals become more sophisticated, users should be aware of the threats they pose. So what kind of developments might we expect from the coming year, and what have we learned from the mistakes made in 2...

22 February 2024 /crime

EU CBDC: What do we know so far about the digital euro?

Sehrish Alikhan Reporter at Finextra

EU CBDC: What do we know so far about the digital euro?

The European Central Bank (ECB) has been working on developing the digital euro, a central bank digital currency (CBDC) that would operate as an electronic equivalent to cash in the EU. The progress on the digital currency has not been without its hiccups, with the ECB recently publishing blog post debunking common myths on the impact of the digi...

21 February 2024 /crypto

Spotify is David, Apple is Goliath, and the DMA could be its slingshot

Sehrish Alikhan Reporter at Finextra

Spotify is David, Apple is Goliath, and the DMA could be its slingshot

The EU’s Digital Markets Act (DMA) is coming into action on March 7, 2024, and it’s making Big Tech sweat. The new antitrust EU regulation’s aim is to make digital markets more equitable and competitive, and is doing so by categorising certain big monopolising companies as ‘gatekeepers’. Gatekeepers are defined as having core platform offerings in...

21 February 2024 /regulation

Where will ESG stand in financial services in 2024?

Katie Blum Principal at Holtara

Where will ESG stand in financial services in 2024?

The evolution of ESG from buzzword to a fundamental aspect of decision-making for businesses and investors alike has reached a critical juncture as we enter 2024. The ESG landscape, shaped by the rise of responsible business practices and countered by the anti-ESG movement in 2023, is poised to challenge prevailing narratives around sustainability...

20 February 2024 /sustainable

How to implement an instant payments system

Madhvi Mavadiya Head of Content at Finextra

How to implement an instant payments system

In November 2023, Swift connected domestic payment schemes across Europe, providing end-to-end transparency for instant cross-border transfers within the European Union. The European Payment Council’s One-Leg Out Instant Credit Transfer scheme (OCT Inst) went live and now enables payments to and from Europe to be processed 24 hours a day, seven ...

19 February 2024 /payments

Sehrish Alikhan Reporter at Finextra

Here's how to get hired at Sonovate

Our Breaking into Fintech series presents those looking to get hired in the fintech industry an insight into what skills and values fintech businesses are prioritising in the current market. This time Finextra heard from Elise Lockyer, chief people officer at Sonovate, an invoicing financing solutions company which recently launched internationally...

19 February 2024 /people

What is PSD3? An overview of changes and timelines

Dominique Dierks Content Manager at Finextra

What is PSD3? An overview of changes and timelines

In June 2023, the European Commission announced plans to modernise the Payment Services Directive, ushering in the third Payment Services Directive (PSD3). The long-awaited proposal outlines changes designed to adapt the directive to developments in the European payments market and ongoing digitisation of payments. PSD3 will have a significant im...

16 February 2024 /regulation

Why are British workers experiencing low engagement at work?

Retired Member

Why are British workers experiencing low engagement at work?

Employee engagement is a hot topic right now, and rightly so. According to Gallup’s latest State of the Global Workplace report, UK worker engagement is just 8%, compared to 10% in Europe, 33% in North America, and 21% globally. These abysmally low scores suggest that the majority of workforces in Western European countries are sitting, wishing, w...

16 February 2024 /people

CBDCs in fintech services: What are the risks and opportunities?

Vladimir Krasik Global Head of Internal Treasury at Revolut

CBDCs in fintech services: What are the risks and opportunities?

Many central banks around the world are now pursuing projects of central bank digital currencies (CBDC), digital tokens backed and issued by monetary regulators. According to the latest evaluation by the economists at the Bank of International Settlements (BIS), four monetary authorities – those of Nigeria, the Bahamas, the Eastern Caribbean, and ...

15 February 2024 /crypto

Lost my heart to a deepfake: Dump your fraudster this Valentine’s

Sehrish Alikhan Reporter at Finextra

Lost my heart to a deepfake: Dump your fraudster this Valentine’s

Shadows are creeping up from the depths of the dark web, ensnaring lonely hearts at their lowest by using loving words and falsified images to sink their claws into their bank accounts, emptying their funds and leaving them heartbroken and penniless. Romance fraud has become a common form of gaining the trust of a victim to financially exploit the...

14 February 2024 /crime

Duncan Cooper Chief Data Officer, Asset Servicing at Northern Trust

What are the key data trends for 2024?

Everything about financial services is driven by data. It is data that we consume, data we produce and data that we deliver to our customers. The proliferation of data raises endless questions and opportunities for analysis. Here I will explore questions across four categories of data that are top of mind for 2024, and identify a fifth category tha...

13 February 2024 /devops

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