Latest long reads: Finextra Research

Here’s how to get hired at OpenPayd

In the latest Breaking into Fintech, where we deep dive into what leading fintech companies and financial institutions are looking for in candidates, Finextra spoke to Aysun Ahi, chief people officer at OpenPayd. OpenPayd is an embedded finance and banking-as-a-service provider that has multiple offerings in banking, accounts, card acquiring, and p...

27 October 2023 /people

An outlook on emerging technologies, alternative finance and digital identity

Dominique Dierks Senior Content Manager at Finextra

An outlook on emerging technologies, alternative finance and digital identity

This is an excerpt from The Future of Digital Banking in North America 2024 report. The collapse of the cryptocurrency platform FTX in late 2022 has sent waves through the industry that continue to linger. It triggered not only the loss of trust but also increased scrutiny for digital currencies and decentralised platforms by regulators. While the...

27 October 2023 /crypto

How many times has the ISO 20022 deadline been changed or delayed?

Paige McNamee

How many times has the ISO 20022 deadline been changed or delayed?

Following recent news that the European Payments Council (EPC) postponed the SEPA payment scheme's ISO 20022 migration by four months, it began to feel a little like groundhog day in the Finextra offices. In response, we decided to pull together all of the times since 2020 that we’ve seen delays to ISO 20022 migrations for payment schemes across t...

26 October 2023 /payments

How SaaS integration drives payment modernisation

Dominique Dierks Senior Content Manager at Finextra

How SaaS integration drives payment modernisation

Our latest Finextra webinar, ‘SaaS migration: Why outsourcing to multiple providers is the key to SaaS’, hosted in association with Bottomline, explored the current challenges and benefits of moving to SaaS-based solutions in the race for digital payments transformation. Panellists Edward Ireland, joint head of commercial product management of fin...

26 October 2023 /cloud

Artificial intelligence, data and technology adoption – a balancing act

Dominique Dierks Senior Content Manager at Finextra

Artificial intelligence, data and technology adoption – a balancing act

This is an excerpt from The Future of Digital Banking in North America 2024 report. Safe and accurate data is a foundation for financial companies. Enriching and authenticating data between parties will enable institutions to use their data more intelligently, make better decisions, address real customer needs and offer embedded finance. Yet in re...

26 October 2023 /regulation

SEPA Request to Pay has just 3 registered adherents, the EPC isn’t worried

Paige McNamee

SEPA Request to Pay has just 3 registered adherents, the EPC isn’t worried

Despite listing just 3 adherents as having registered as SEPA Request to Pay (SRTP) adherents (as of the 13th of October 2023), the European Payments Council (EPC) is unconcerned about the pace of uptake. To better understand the registration process and rate of registration, Finextra sat down with director general of the EPC, Giorgio Andreoli. Req...

25 October 2023 /payments

Prioritising cybersecurity and fraud mitigation in the digital age

Dominique Dierks Senior Content Manager at Finextra

Prioritising cybersecurity and fraud mitigation in the digital age

This is an excerpt from The Future of Digital Banking in North America 2024 report. It’s worthwhile to note that, while embedded finance is opening the doors to more efficient and effective banking, the global interconnectedness and easy facilitation of cross-border payments also exposes new vulnerabilities. The complex web of distribution can be ...

25 October 2023 /security

UK-US Data Bridge: An extension to EU-US data privacy framework

Pilar Arzuaga Senior Associate at MWE

UK-US Data Bridge: An extension to EU-US data privacy framework

This piece was co-authored by Pilar Arzuaga, senior associate, Sharon Lamb, partner, and Michaela Novakova, associate. The UK government has published the Data Protection (Adequacy) (United States of America) Regulations 2023 (SI 2023/1028), the UK-US Data Bridge Regulations, which adopted an adequacy decision for the US (the UK-US Data Bridge) a...

25 October 2023 /regulation

The necessity of strong foundations for changing global payment rails

Dominique Dierks Senior Content Manager at Finextra

The necessity of strong foundations for changing global payment rails

This is an excerpt from The Future of Digital Banking in North America 2024 report. Modernising payments by adapting non-traditional payment systems is generally thought of as the way forward for financial institutions. But in order to effectively embrace non-traditional payments, authorities and institutions need to be able to draw from solid fo...

24 October 2023 /payments

Why digital transformation, optimisation and personalisation will be crucial for 2024 and beyond

Alex Jimenez

Why digital transformation, optimisation and personalisation will be crucial for 2024 and beyond

A good digital transformation strategy in 2024 should consider concept to execution across every aspect of the business. But before any bank gets started, they must ask themselves: what are we trying to solve? I distinctly remember a time – a couple of decades ago now – when a few banks decided to automate anything and everything they could. A hug...

23 October 2023 /retail

Sarah Caden Contributor at Jobbio

Use these tips to negotiate your salary

Use these tips to negotiate your salary Salary renegotiation can be a daunting business. However, how we approach it can determine a lot, not only in terms of financial outcomes, but also for healthy working relationships and job satisfaction. There are some simple steps to navigating your negotiations successfully. Prepare You can’t ask for what ...

20 October 2023 /people

Future of Fintech in Latin America 2023: Data penetration has room for improvement

Níamh Curran Senior Reporter at Finextra

Future of Fintech in Latin America 2023: Data penetration has room for improvement

This is an excerpt from The Future of Fintech in Latin America 2023 report. Latin American is one of the biggest growth markets for fintech. According to the IMF, digital payments across Latin America grew from $89 billion in 2017 to $215 billion in 2021; the number of digital payment services exceeded 300 million in 2021; and alternative finance ...

19 October 2023 /devops

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