Long reads

Search
clear
clear
Why don’t Canadians trust data providers?
Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

Why don’t Canadians trust data providers?

Data privacy concerns are major worries of more than three-fourths of Canadian citizens. In fact, more than 80% of the respondents to a recent nationwide poll on the topic said they want more control of how their personal data is handled and exposed. The survey was undertaken by public relations firm Hill and Knowlton in conjunction with the Leger...

/security

What is Faster Payments?
Níamh Curran

Níamh Curran

What is Faster Payments?

TCS emerged as a leading contender earlier this week to take over the running of the UK’s Faster Payments Service, according to Sky News. This would mean they take over from the previous operator Vocalink, owned by Mastercard. My colleague Dom previously covered what instant payments are, but here I’m going to look at the UK Faster Payments schem...

/payments

Why are fees on international payments so high?
Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

Why are fees on international payments so high?

Survey shows American consumers disgusted with ‘junk fees’ and hidden costs; bank fees for international payments and foreign exchange, especially hidden or unexpected add-on charges, were among the most cited irritations in modern consumer transactions, according to a recent survey. The study, commissioned by fast-growing international payments...

/payments

How are bank closures impacting local communities?
Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

How are bank closures impacting local communities?

Following the news of HSBC installing its first ever ‘cash pod’ in Nasilea, North Somerset comes the questioning of how the general public will gain access to cash among numerous bank branch shutdowns. HSBC announced the closing down of 114 bank branches in the UK from April 2023, reporting the reason for the closures due to low footfall for in-pe...

/inclusion

Here’s how to get hired at Gresham Technologies
Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

Here’s how to get hired at Gresham Technologies

Our Breaking into Fintech series looks into what leading fintech companies are seeking in new hires, to give job-searchers an edge when joining the industry. This time around, Finextra interviewed Tamsyn Cole, director of people and culture at Gresham Technologies, a software company that specialises in reconciliation tools and regulatory reporting...

/people

Banking customer experience in 2024: Personalisation, accessibility and AI
Tracey Dunlap

Tracey Dunlap MD, Customer Experience at Jenius Bank

Banking customer experience in 2024: Personalisation, accessibility and AI

Financial institutions have undergone a reckoning in the last decade, driven by rapid digital transformation and the explosion of fintech apps providing services for everything from budget tracking to crypto investing. Customers are inundated with banking options, and most aren’t settling for just one. Further, expectations are at an all-time high...

/retail

The death of cash: What does it mean for the future?
Retired Member

Retired Member

The death of cash: What does it mean for the future?

The use of physical cash in payments has gradually declined in recent years as consumers are increasingly using electronic money, whether through cards or mobile payments. Between 2016 and 2022, the proportion of cash transactions declined from 79% to 59% in Europe. This development reflects the growing confidence in digital technology and a stron...

/payments

How upcoming legislation will harness algorithms, AI, and big tech for public good
Chris Holmes

Chris Holmes Peer at House of Lords

How upcoming legislation will harness algorithms, AI, and big tech for public good

The fourth industrial revolution, as with the previous three, has ushered in an age of exciting new opportunities thanks to the digital tools and products now available to us, initiating innovation and making more choice and better services for consumers and citizens possible. These are all positive benefits that we should celebrate but as we desi...

/regulation

Labour’s Financial Services Review: Everything fintechs need to know
Níamh Curran

Níamh Curran

Labour’s Financial Services Review: Everything fintechs need to know

The UK’s Labour Party published its Financial Services Review this week and highlighted fintech as the future of financial services in the UK. The Review has been released ahead of a potential election later this year. The foreword of the report said: “We believe a strong financial services sector will drive investment in jobs and new industries....

/regulation

Here’s how to get hired at Flutterwave
Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

Here’s how to get hired at Flutterwave

In the latest of our Breaking into Fintech series, which dives into the other end of the fintech hiring market and learns from leading companies in the field, Finextra interviewed Flutterwave’s chief people and culture officer, Mansi Babyloni, and associate vice president of talent management, Reni Odebiyi. Flutterwave is a Nigerian fintech compa...

/people

Cross-border digital wallets are key to financial inclusion
Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

Cross-border digital wallets are key to financial inclusion

Cross-border remittances are increasingly essential in a globalised world. With the influx in mobile wallet usage, cross-border payments can become easier, less expensive, and more inclusive to those needing to move money abroad. Payments giant Revolut launched its Mobile Wallets service to ease cross-border remittances using IDs alongside only ph...

/payments

Crypto disputes on the rise – a 2024 look at litigation, arbitration and regulation
Nell Perks

Nell Perks Partner at Latham & Watkins

Crypto disputes on the rise – a 2024 look at litigation, arbitration and regulation

The English courts and international arbitral institutions have observed a steady uptick in crypto disputes (especially fraud claims) as investment in cryptocurrencies has become more widespread. The value of these disputes is on the rise, and they increasingly involve sophisticated commercial entities such as crypto exchanges and lenders, not jus...

/crypto

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept