Latest long reads: Finextra Research

75% of UK workers have an unhealthy relationship with work

Aoibhinn Mc Bride Content Editor at Jobbio

75% of UK workers have an unhealthy relationship with work

There is no disputing that the post-pandemic popularity of remote working options has helped ease the work-life balance conundrum, but it has not solved it entirely. In fact, the vast majority (75%) of UK workers still have an unhealthy relationship with work and the issue is so persistent, 83% would be willing to take a pay cut to guarantee a hap...

06 October 2023 /people

Why top banks must become sustainability leaders not laggards

Scott Hamilton Contributing Editor at Finextra Research

Why top banks must become sustainability leaders not laggards

Sustainable and Finance are not supposed to be disconnected concepts for most banks and their corporate customers these days. However, financial institutions have had varying levels of success putting the two words together and in action in relationships and lending practices with their business clients. This is important, because, as stated in a ...

05 October 2023 /sustainable

Data protection watchdog seeks constraints on EU open finance plans

Andreas Carney Partner at Pinsent Masons

Data protection watchdog seeks constraints on EU open finance plans

The European Data Protection Supervisor (EDPS) has urged EU law makers to adopt tighter restrictions on the type of ‘customer data’ that is proposed to come within new data sharing schemes for the financial services sector, as well as how such data can be accessed. The EDPS is an independent European supervisory authority mandated to monitor and e...

05 October 2023 /regulation

How to solve the needs of the unbanked and underbanked

Scott Hamilton Contributing Editor at Finextra Research

How to solve the needs of the unbanked and underbanked

With all the talk about big deals, powerful partnerships, and other trending topics in the world of international banking, it was a change to see some emphasis at the SIBOS 2023 conference on inclusive financial services. In a three-part forum, this ‘Spotlight’ session called ‘Empowerment for the financially excluded’ included presentations by exec...

04 October 2023 /Sibos

ISO 20022’s top benefits and challenges for corporate customers

Scott Hamilton Contributing Editor at Finextra Research

ISO 20022’s top benefits and challenges for corporate customers

ISO20022 was a hot topic throughout the SIBOS 2023 global conference. We circled back with a key speaker, David Rego, global head of payments for Standard Chartered Bank, from one of the several panel sessions on the subject during the week’s events. Asking for a roundup of the top benefits - and challenges - he believes would come to corporate cas...

03 October 2023 /Sibos

How to unlock the full potential of post-trade data and reshape the securities market

Madhvi Sonia Head of Content at Finextra

How to unlock the full potential of post-trade data and reshape the securities market

In Ann Magnusson, head of institutional banking, SEB’s view, “the post-trade securities business remains largely non-transparent with regards to the parties involved in a transaction.” She explained that while Standard Settlement Instructions (SSIs) are created by two parties to a trade with the counterparty’s SSIs for settlement in the specific m...

03 October 2023 /Sibos

How do you solve a problem like payments infrastructure?

Madhvi Sonia Head of Content at Finextra

How do you solve a problem like payments infrastructure?

Highlighting 2023 as a defining year for core banking innovation, a recent Finextra and CGI roundtable held at Sibos in Toronto, Canada, featured 15 leading voices from a range of global banks who debated the need for payments-as-a-service (PaaS) and the complexities of outsourcing business critical operations to firms outside of the financial ser...

02 October 2023 /Sibos

Why do we need quantum-resistant encryption?

Níamh Curran Senior Reporter at Finextra

Why do we need quantum-resistant encryption?

This next edition of our Quantum Series, which highlights the key issues in the developing world of quantum computing, focuses in on quantum-proof encryption. Earlier this year, the White House released a memorandum which laid out a goal for government departments to adopt quantum-resistant encryption to mitigate risks associated with the technol...

29 September 2023 /devops

Why dual-promotion is the best way to get ahead

Retired Member

Why dual-promotion is the best way to get ahead

Wouldn’t it be great if you only had to focus on your work to get ahead? If you didn’t need to advocate for yourself to get the credibility and visibility you need to receive a promotion? Unfortunately, that is not reality. Focusing on your performance alone is no guarantee that you will be rewarded and recognised. If you are lucky, you will meet s...

29 September 2023 /people

Why strong client returns are essential for sustainability momentum

Scott Hamilton Contributing Editor at Finextra Research

Why strong client returns are essential for sustainability momentum

Put six experts in the fields of sustainability, social awareness, and finance on a stage and you’ve got a lot of firepower for a lively and productive discussion. That was the case during one SIBOS 2023 session: ‘The 2+2=5 effect: Joining forces to achieve more in ESG.’ Amruta Kelkar, partner, climate and sustainability issues in financial se...

28 September 2023 /Sibos

How to reduce payments risk by identifying sanctioned banks before transacting

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

How to reduce payments risk by identifying sanctioned banks before transacting

The war in Ukraine unleashed unprecedented sanctions against Russia, pushing sanctions activity to new heights in the first half of 2022. Lists maintained by the four key regulators – the United Nations (UN), European Union (EU), Office of Foreign Assets Control (OFAC), and the Office of Financial Sanctions Implementation (OFSI - UK) changed const...

27 September 2023 /security

Why the Electronic Trade Documents Act is the most important law you have never heard of

Chris Holmes Peer at House of Lords

Why the Electronic Trade Documents Act is the most important law you have never heard of

On 20th September, the Electronic Trade Documents Act came into force. I have written here before about why the Electronic Trade Documents Bill was one of the most important bills you had never heard of: “Not only will this bill make trade faster, cheaper, and greener, it is an English law model of how to legislate for technology through specific ...

26 September 2023 /regulation

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