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Which fintech founders are billionaires?
Dominique Dierks

Dominique Dierks Senior Content Manager at Finextra

Which fintech founders are billionaires?

Last month, City Index released a list of top 10 youngest UK billionaires in 2023. Revolut founder Nik Storonsky emerged in second place, highlighting not just the decreasing age of today’s super-rich, but also the growing wealth emerging from fintechs. Digitisation, evolving consumer demands, and pandemic-induced shifts in the way people save, i...

/people

5 promising GenAI start-ups in the UK
Amanda Kavanagh

Amanda Kavanagh Contributor at Jobbio

5 promising GenAI start-ups in the UK

Every industry seems to be on an AI gold rush at the moment, as the ever-evolving technology continues to dominate discussions around the future of work. Currently, what’s frequently making mainstream headlines is when AI goes rogue. Most recently, this was a DPD chatbot swearing, and even writing a poem about the company being the “worst delivery ...

/people

Why financial services branches put customer requirements top of the agenda
Retired Member

Retired Member

Why financial services branches put customer requirements top of the agenda

Amidst the challenges posed by rising energy costs and the surge in e-commerce during and after the pandemic, the UK high street has forged its own unique path. Many businesses, both large and small, have navigated closures or transitioned into the online realm. However, for significant purchases such as insurance, the importance of face-to-face i...

/retail

Davos 2024 recap: Climate change and AI take the cake
Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

Davos 2024 recap: Climate change and AI take the cake

The World Economic Forum (WEF) took place in Davos, Switzerland last week, bringing together world leaders, making new announcements and highlighting new advancements concerning the global economy and financial industries. Here is a short recap of the relevant and exciting announcements from the conference. Over 3000 participants attended the even...

/markets

How can behavioural authentication enhance a bank’s customer experience?
Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

How can behavioural authentication enhance a bank’s customer experience?

In an age where digital experiences are being redefined by giants such as Netflix and Amazon, banks also need to step up their game in enhancing customer experience. The ease, personalisation, and seamless interaction offered by these entertainment and retail platforms set a high bar for customer expectations. It becomes imperative for banks to em...

/retail

Add to basket – the rise of advanced digital checkout solutions
Jennifer Marriner

Jennifer Marriner EVP, Global Acceptance Solutions at Mastercard

Add to basket – the rise of advanced digital checkout solutions

According to research from the Baymard Institute, 70% of digital shopping carts are abandoned, with two in five adults stating complicated checkout processes as the main driver for abandonment. As e-commerce continues to expand, the online payment journey has become highly fragmented and consumer expectations of the digital experience have evolve...

/payments

5 reasons why you should adopt ISO 20022 now
Nicolas Stuckens

Nicolas Stuckens Head of ISO 20022 adoption and data quality at Swift

5 reasons why you should adopt ISO 20022 now

ISO 20022’s rich data is at the heart of achieving the industry’s ambition for instant and frictionless payments. It opens big benefits for firms that embrace the opportunity. Here are five reasons why you should adopt the standard today. ISO 20022 adoption marks a giant leap forward in the evolution of global payments. Its rich, structured data us...

/regulation

Biometrics and data privacy: What regulation is in place?
Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

Biometrics and data privacy: What regulation is in place?

Revolut is currently facing a class action lawsuit in Illinois, US alleging that the company unlawfully collected, used, and stored customers’ biometric data. In the current age of instant payments and increasing consumer demands, biometric data has become increasingly significant in facilitating authentication and verification during the payments...

/security

When is the next Bitcoin halving? Everything you need to know
Dominique Dierks

Dominique Dierks Senior Content Manager at Finextra

When is the next Bitcoin halving? Everything you need to know

The next Bitcoin halving is just around the corner, which will have significant impact on not just the Bitcoin price but the cryptocurrency industry as a whole. We detail everything you need do know about the Bitcoin halving date and the wider impact of the upcoming halving event. What is a Bitcoin halving? Bitcoin relies on blockchain technology ...

/crypto

5 payments trends to watch in 2024
Edward Metzger

Edward Metzger Vice President, Payments Efficiency at Lexis Nexis Risk Solutions

5 payments trends to watch in 2024

Over the past decade, a wave of innovation has swept through all corners of the payments landscape. As a result, the needs of market participants have evolved and they continue to do so at a substantial pace. Here are our predictions for the key trends to watch as 2024 unfurls. 1. Account-to-Account payments soar Account-to-account (A2A) payments b...

/payments

What is the SEPA Payment Account Access Scheme?
Níamh Curran

Níamh Curran Senior Reporter at Finextra

What is the SEPA Payment Account Access Scheme?

Truelayer became the first participant in the SEPA Payment Account Access Scheme (SPAA), building on open banking initiatives. The SPAA programme goes beyond PSD2 compliance and creates further opportunities in open banking. Yet not much has been discussed on what this scheme’s intentions are and what impact It might have on the open banking mark...

/devops

10 themes to watch for in 2024: Opportunities in a complex world
Retired Member

Retired Member

10 themes to watch for in 2024: Opportunities in a complex world

The global economy has defied a hard landing in 2023. As 2024 unfolds, a new but more complex economic landscape is taking shape. Major central banks are prepared to keep interest rates high, and growth paths and inflation patterns across the world will diverge. There is an added layer of complexity which includes the busy election calendar, the m...

/markets

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