Latest long reads: Finextra Research

Future of Fintech in Latin America 2023: Is BaaS a burgeoning trend?

This is an excerpt from The Future of Fintech in Latin America 2023 report. All signs point toward a bright future for the fintech sector in the very fragmented market that is Latin America. There is potential to serve nearly 700 million individuals; however, there are disparities across the market shown by the region being “dominated by a plethor...

30 August 2023 /payments

Future of Fintech in the Middle East 2023: Access to increased data can enhance customer experience

Níamh Curran Senior Reporter at Finextra

Future of Fintech in the Middle East 2023: Access to increased data can enhance customer experience

This is an excerpt from The Future of Fintech in the Middle East 2023 report. Data plays an important role for the growth of fintech in any region. It can help financial services participants understand their customers’ needs and is used to protect users from bad actors. Access to better data can also improve customer interactions because of incre...

29 August 2023 /devops

3 leading UK fintechs are hiring for remote roles

Aoibhinn Mc Bride Content Editor at Jobbio

3 leading UK fintechs are hiring for remote roles

Remote working is the great debate that doesn’t look like it’s to be getting resolved anytime soon. Recent data compiled by the Office of National Statistics (ONS) found that 84% of workers plan on carrying out a mix of working at home and working in the office post-pandemic. Separate data from RingCentral established that 60% of UK workers would r...

25 August 2023 /people

UK finance and tech sectors merely pay lip service to diversity and inclusion

Sehrish Alikhan Reporter at Finextra

UK finance and tech sectors merely pay lip service to diversity and inclusion

As ESG guidelines have become mainstream in the financial industry, financial organisations have been implementing diversity, equity, and inclusion (DEI) frameworks to keep up with the times and stay relevant amidst social and cultural changes in the industry. However, data from the FDM Group reveals that UK companies in the finance and banking se...

24 August 2023 /people

What does the Digital Securities Sandbox mean for UK capital markets?

Paige McNamee

What does the Digital Securities Sandbox mean for UK capital markets?

Last month, the UK Government opened consultations into the introduction of a Digital Securities Sandbox (DSS), a means to test and explore the potential offered by digital securities in financial markets. The DSS will encourage industry players to test financial market infrastructures (FMIs) that leverage digital asset technology, by enabling fir...

23 August 2023 /markets

Future of Fintech in the Middle East 2023: Cloud connectivity at the centre of fintech innovation

Madhvi Sonia Head of Content at Finextra

Future of Fintech in the Middle East 2023: Cloud connectivity at the centre of fintech innovation

This is an excerpt from The Future of Fintech in the Middle East 2023 report. Alongside Dubai and Bahrain, Saudi Arabia has repeatedly been highlighted as a digital banking leader in the Middle East, with 76% of banking customers using online or mobile applications. According to McKinsey, top Saudi digital banking offerings include loyalty program...

22 August 2023 /cloud

Future of Fintech in the Middle East 2023: Opposing pressures dovetail to spur blockchain growth

Paige McNamee

Future of Fintech in the Middle East 2023: Opposing pressures dovetail to spur blockchain growth

This is an excerpt from The Future of Fintech in the Middle East 2023 report. There is an interesting two-pronged dynamic at play which is arguably giving the Middle East’s blockchain market a unique edge. On one hand, in certain countries across the region, cryptocurrency has seen strong appeal from users looking to access antigovernment money. W...

21 August 2023 /crypto

Why the UK is an insurtech powerhouse primed for expansion

Sarah Kiely Lavelle Contributor at Amply

Why the UK is an insurtech powerhouse primed for expansion

The UK has firmly positioned itself as a global leader in the insurtech sector with a market value of over $20 billion placing it third in the world. China followed second at an approximate $28 billion valuation, with the US securing the top spot at $100 billion. However, when the population size of each nation was factored in, the UK reigned supr...

18 August 2023 /people

Future of Fintech in the Middle East 2023: Aiming to become an AI hub

Sehrish Alikhan Reporter at Finextra

Future of Fintech in the Middle East 2023: Aiming to become an AI hub

This is an excerpt from The Future of Fintech in the Middle East 2023 report. The Middle East has seen rapid technological advancement and digitalisation over the past couple of decades. The region has blossomed into a tech hub, with Gulf nations establishing sophisticated technological frameworks. In the development of AI innovations, the Middle ...

17 August 2023 /devops

Future of Fintech in the Middle East 2023: Are we entering a new era?

Nauman Hassan Director at Paymentology

Future of Fintech in the Middle East 2023: Are we entering a new era?

This is an excerpt from The Future of Fintech in the Middle East 2023 report. The Middle Eastern banking and payment landscape is in the midst of an evolution. The advent of new technologies such as artificial intelligence (AI), blockchain, big data and cloud computing, as well as the increasing demand for more convenient, secure, and faster payme...

16 August 2023 /payments

How the future of decentralised exchanges will impact financial services

Olga Klein Assistant Professor of Finance at Gillmore Centre of Financial Technology at Warwick

How the future of decentralised exchanges will impact financial services

Decentralised Exchanges (DEX) are playing a significant role in the financial services industry, presenting a fundamental shift in the way we conduct transactions and manage assets. The recent collapse of cryptocurrency exchange FTX, resulting in the loss of at least $1 billion of customers’ funds, has brought the benefits of decentralised exchange...

15 August 2023 /crypto

Future of Fintech in Africa 2023: Data penetration could be improved with better infrastructure

Níamh Curran Senior Reporter at Finextra

Future of Fintech in Africa 2023: Data penetration could be improved with better infrastructure

This is an excerpt from The Future of Fintech in Africa 2023 report. Africa is maturing as a fintech market. McKinsey predicts that the financial services market in Africa could grow at 10% per annum through 2025 reaching $230 billion in revenues, excluding South Africa. The diagram shows that African fintech growth exceeds that of the global benc...

14 August 2023 /devops

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