Latest long reads: Finextra Research

How to finance a sustainable city

Kicking off Sustainable Finance Live 2023 at Events@no6 in London, founder of ResponsibleRisk Richard Peers, highlighted the objective of this year’s event, to bring people together in their likeminded desire to drive sustainability in their work. He outlined this year’s main theme: how to finance sustainable cities, what we can do to identify solu...

18 October 2023 /sustainable

Madhvi Sonia Head of Content at Finextra

How serious is the danger of AI?

Fear around AI continues to dominate headlines, and most recently, the Financial Times published an interview with Securities and Exchange Commission (SEC) head Gary Gensler, who stated that without AI regulation, it is “nearly unavoidable” that the technology will be the catalyst for the next financial crisis. Referencing the challenge that most...

17 October 2023 /security

Why banks are pivotal to financing sustainable cities

Madhvi Sonia Head of Content at Finextra

Why banks are pivotal to financing sustainable cities

This is an excerpt from 'The Future of ESGTech 2024' report. What is sustainable finance? Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and ...

17 October 2023 /sustainable

How will the PSR's new APP fraud rules impact banks' inbound transaction processing?

Nick Fleetwood Head of Data Services at Form3

How will the PSR's new APP fraud rules impact banks' inbound transaction processing?

In September 2022, the Payment Systems Regulator (PSR) consulted on a number of measures to address Authorised Push Payment (APP) fraud within the UK’s faster payments system. Now that the Financial Services and Markets Act (FSMA) House of Lords has achieved royal assent, the PSR now has the authority to enact a number of proposals to tackle APP ...

17 October 2023 /regulation

How Aussie gift cards are making women glow and men plunder since 2021

Sehrish Alikhan Reporter at Finextra

How Aussie gift cards are making women glow and men plunder since 2021

The UK and Australia formed a committed and fruitful partnership with the formation of the Australia-UK Fintech Bridge in 2018, solidified by the Free Trade Agreement (FTA) signed in 2021. Following Finextra’s discussion with Austrade and Fintech Australia on new opportunities borne from the agreement, we interviewed Clare Kinsey and David Anders...

16 October 2023 /startups

Can behavioural science guide the formation of a sustainable city?

Scott Hamilton Contributing Editor at Finextra Research

Can behavioural science guide the formation of a sustainable city?

This is an excerpt from 'The Future of ESGTech 2024' report. “By 2050, 68% of the world’s population is projected to be urban,” according to the United Nations. This reinforces the idea that sustainable cities will be important to the overall well-being of humankind. Beyond the actual objectives, plans, and approaches associated with creating envir...

13 October 2023 /sustainable

AI will replace jobs say 72% of leaders, here's how to keep yours

Amanda Kavanagh Contributor at Jobbio

AI will replace jobs say 72% of leaders, here's how to keep yours

72% of Fortune 500 Chief Human Resources Officers (CHRO) foresee AI replacing jobs in their organisations in the next three years. That is according to a recent survey by Gallup, which also reported that 65% of CHROs say AI can improve the performance of most roles in their company. This may come as a surprise to many people currently instructed t...

13 October 2023 /people

Fintech founder says bottom line remains top priority for SMBs

Scott Hamilton Contributing Editor at Finextra Research

Fintech founder says bottom line remains top priority for SMBs

The 2023 SIBOS conference was chock-full of sessions across all the major issues in banking at the moment. Evolving international messaging standard ISO20022’s angles and options were covered in depth, in fact, it was discussed during seven separate sessions on the first day alone! Artificial Intelligence (AI) and its applications to assist genera...

12 October 2023 /Sibos

How AI can address climate change and nature-related risk in fintech

Sehrish Alikhan Reporter at Finextra

How AI can address climate change and nature-related risk in fintech

This is an excerpt from 'The Future of ESGTech 2024' report. As the world plummets further into climate disaster and ecological crisis, every organisation has an obligation to actively work towards becoming more a sustainable and ethical institution. Within the financial services sector, corporations have an influence on how sustainability is being...

12 October 2023 /sustainable

Sustainability results, not publicity, matter most – Standard Chartered exec

Scott Hamilton Contributing Editor at Finextra Research

Sustainability results, not publicity, matter most – Standard Chartered exec

Michael Spiegel is Standard Chartered Bank’s global head of transaction banking. He’s deeply involved in the London-based institution’s sustainability efforts and its customer-facing sustainable finance program development and management. In an interview during the 2023 SIBOS global conference in Toronto, the Singapore-based Spiegel shared his tho...

11 October 2023 /Sibos

How can we accelerate the delivery of clean and affordable energy?

Níamh Curran Senior Reporter at Finextra

How can we accelerate the delivery of clean and affordable energy?

This is an excerpt from 'The Future of ESGTech 2024' report. Our global economy has been “driven and shaped by oil, gas, and coal” for over 100 years. Fossil fuels powered the industrial revolution and formed the global financial ecosystem into what it is, but this has to change. Over 80% of the world's energy consumption comes from fossil fuels, w...

11 October 2023 /sustainable

Environmental frameworks shaping a decade of change for sustainable finance

Paige McNamee

Environmental frameworks shaping a decade of change for sustainable finance

This is an excerpt from 'The Future of ESGTech 2024' report. Over the last decade, there has been a growing awareness of the financial risks posed by environmental factors. This led to the creation of the Task Force on Climate-related Financial Disclosures (TCFD) in 2015 and the Task Force on Nature-related Financial Disclosures (TNFD) in 2021. T...

10 October 2023 /sustainable

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