Latest long reads: Finextra Research

Scott Hamilton Contributing Editor at Finextra Research

On the cusp of the instant payments era

Faster payments are not new. Instant payments, however, are truly the ‘newest kids on the block’ when it comes to payments, though they look different depending on where you find them. Standardisation, innovation, and regulation are all playing a part in elevating the ‘young upstarts’ of the payment world to leadership status for our new global ec...

20 June 2023 /payments

Níamh Curran Senior Reporter at Finextra

Liquidity management 4.0

The future of liquidity management is volatile. Liquidity management is facing the challenges of regional conflict and the impact of sanctions, inflation, and supply chain delays. This economic climate’s instability has increased the pressure for financial institutions to ensure they have assets in the right place at the right time. This is an exc...

20 June 2023 /payments

The status of immediate cross-border payments

Abid Mumtaz Commercial Lead at Wise

The status of immediate cross-border payments

The speed of cross-border payments has never been more important, or more possible, than it is today. In an increasingly interconnected world, providing instant payments is critical to meeting the needs and expectations of customers and businesses alike. Banks and financial institutions who cannot meet those demands risk losing their business to c...

20 June 2023 /payments

Correspondent banking - essential or dispensible?

Níamh Curran Senior Reporter at Finextra

Correspondent banking - essential or dispensible?

Correspondent banking plays an essential role in the global economy. Over the last few decades, correspondent banking has helped banks enable global payments, enhancing growth in international payments and trade. This is an excerpt from Future of Payments 2023. Yet, this stalwart of the banking system is now facing an increasingly complex regulator...

19 June 2023 /payments

Models for public and private collaboration

Scott Hamilton Contributing Editor at Finextra Research

Models for public and private collaboration

Now that we on the way to achieving a truly interconnected, global economy, it’s past the time for full transparency on business and government activities surrounding the worldwide mélange that is the financial arena. And beyond the fact that most news (and opinion) of any kind is largely ‘public’ now – shared nearly everywhere across the internet...

19 June 2023 /payments

Laust Bertelsen CEO at Banking Circle

Where the fintech evolution goes next

Technology has played a part in financial services for much longer than many people realise. As the Payments Association explains, the utilisation of technology to enable financial transactions began way back in the 19th century. Early fintech saw electronic fund transfers being made via telegraphs and Morse code – not advanced by today’s standard...

19 June 2023 /payments

How to respond to 'tell me about yourself' in interviews

Retired Member

How to respond to 'tell me about yourself' in interviews

You have been called for an interview, which means that you have already beaten 80% of applicants. Now you just need to outperform the other interviewees to secure an offer. This seems like positive odds, yet the majority of candidates will stumble when the interviewer asks “tell me about yourself?” Because this question is generally proffered as ...

16 June 2023 /people

AI and machine learning will dominate new solutions

Sehrish Alikhan Reporter at Finextra

AI and machine learning will dominate new solutions

This is an excerpt from The Future of Risk Management and Compliance 2023 report. Innovation and preservation In the era of digital transformation, there are an endless number of innovations taking place for risk management among all levels of financial institutions. Lurking in the shadowy corners of cyberspace, new threats arise for increasingly d...

15 June 2023 /regulation

Banks must prepare for the next Black Swan event

Níamh Curran Senior Reporter at Finextra

Banks must prepare for the next Black Swan event

This is an excerpt from The Future of Risk Management and Compliance 2023 report. Within the context of these arising risks, financial institutions are looking to increasingly sophisticated ways of preparing themselves for these events, and the crimes they make institutions vulnerable to. Roshni Patel, Quantexa, refers to these global events as, ‘B...

14 June 2023 /regulation

Níamh Curran Senior Reporter at Finextra

New risks in an uncertain market

This is an excerpt from The Future of Risk Management and Compliance 2023 report. External global factors continuously have an impact on on the challenges faced by financial institutions around regulation. The last few years have challenged the compliance departments in most financial institutions, but 2022 moving into 2023 has offered a host of n...

13 June 2023 /regulation

How banks can leverage real-time payments to stand out against competitors

Madhvi Sonia Head of Content at Finextra

How banks can leverage real-time payments to stand out against competitors

During a Finextra webinar, hosted in association with Bottomline, panellists explored the renewed vigour in addressing issues with legacy payments architecture and how transitioning to SaaS can support financial institutions looking to ‘stake their claim’. Frédéric Viard, product strategist, instant payments, Bottomline; Judy Bei, managing directo...

12 June 2023 /payments

Financial trauma impacts huge population of underserved in society

Scott Hamilton Contributing Editor at Finextra Research

Financial trauma impacts huge population of underserved in society

Connie Davis, founder and CEO of Kairos Digital Commerce Consulting, is concerned about what the ‘shadow financial system’ of payday loans and other services like them means to the underbanked, over both the short and long terms. She points out that research from many authorities has shown a direct link between emotional health and financial healt...

09 June 2023 /inclusion

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