Latest long reads: Finextra Research

Arvin Abraham Partner at Goodwin Procter

Demystifying DAOs

Decentralised Autonomous Organisations (DAOs) are organisations whose rules and governance (the parameters by which they operate and stakeholders interact) are encoded in a blockchain (i.e., in a computer program rather than set out in a typical paper based governance document such as a shareholder’s agreement). As these rules are set out in a blo...

04 October 2021 /crypto

Andrew Smith Founding CTO at RTGS & ClearBank

Agile Series: Building infrastructure

Recently I have been approached by a few people that agree with all my previous posts on agile, however, at the same time they question how it can work when it comes to building infrastructure. I get asked this because many will say, “surely at RTGS.global you're not following agile to build out the underlying infrastructure?” Now when I say infra...

29 September 2021 /devops

Tailoring Treasuries: How innovation is driving comparative advantage for asset-based businesses

Retired Member

Tailoring Treasuries: How innovation is driving comparative advantage for asset-based businesses

In this article we examine how asset-based businesses are using innovation to gain comparative advantage through increased operational agility. Firms that employ asset-based business models – predominantly found in the real estate, transportation, infrastructure or energy industries – are transitioning to in-house bank operating models utilising v...

24 September 2021 /wholesale

The Global Open Finance Challenge to lure cream of the fintech crop

Paige McNamee

The Global Open Finance Challenge to lure cream of the fintech crop

The recent announcement of the Global Open Finance Challenge has caused a stir across the fintech landscape – and with good reason. Speaking to Finextra about the upcoming global competition, representatives of NatWest Group revealed not only the motivations behind the bank’s decision to launch this initiative, but also the impressive bounty on of...

22 September 2021 /devops

Five behaviours that indicate a social engineering scam

Níamh Curran

Five behaviours that indicate a social engineering scam

Social engineering and authorised push payment (APP) scams have been on the rise. For banks this creates a litany of problems, including compromising customer trust, difficulty navigating repayment schemes, and the changing nature of these attacks. The number of people falling victim to these scams rose during the pandemic, with UK Finance finding ...

17 September 2021 /crime

The future of ecommerce payments: 4 reasons why open banking is ready to challenge card dominance

Jack Wilson Head of Policy at TrueLayer

The future of ecommerce payments: 4 reasons why open banking is ready to challenge card dominance

One of the key motivations behind open banking has always been to enable the growth of alternative payment methods to cards. Policy drivers, industry development and innovation have all worked together to deliver that in the form of open banking payments. This, combined with the continuing growth of online retail sales, and the problems caused by...

10 September 2021 /payments

Retired Member

Toward a European digital identity

Last June the European Union announced the future creation of digital identity wallets as part of a change in its electronic identification regulations. The measure represents a major step forward in the harmonization of identity systems in Europe. Obviously, the Covid-19 crisis has provided an extraordinary boost to digitalisation, and the capacit...

09 September 2021 /identity

Resuming a cross-border life: bringing your bank along for the journey

Marco Mottadelli Head of Global Brokerage at Fineco Bank

Resuming a cross-border life: bringing your bank along for the journey

Despite the new threat posed by the spread of the delta variant, more people travelled to and inside the European Union during the last two months than any post-pandemic period. We are slowly, sometimes fitfully, shifting away from the local and hyper-local way of living our lives towards something approaching the cosmopolitan and international ap...

31 August 2021 /payments

Women’s Equality Day: Working toward gender parity in financial services

Hamish Monk Senior Reporter at Finextra

Women’s Equality Day: Working toward gender parity in financial services

It is Women’s Equality Day today – and over two years since the publication of the UK government’s last mandatory gender pay gap report, due to coronavirus-induced cancellations for the 2019/20 reporting year. With just over five weeks until the next gender pay gap report – for 2020/21 – is issued, it is time to take stock of the how the fintech a...

26 August 2021 /people

Curbing the cost of payment failures with straight through processing

Hamish Monk Senior Reporter at Finextra

Curbing the cost of payment failures with straight through processing

Automating high volumes of transactions across different geographies and jurisdictions is yet to be a seamless process. In fact, failed payments remain a common challenge for the industry. A recent research study by Accuity, ‘The True Cost of Failed Payments’, estimated that in 2020, failed payments costed the global economy $118.5 billion. Agains...

20 August 2021 /payments

The future of NFTs: Democratising space and digitising endangered species

Hamish Monk Senior Reporter at Finextra

The future of NFTs: Democratising space and digitising endangered species

Earlier this year, the non-fungible token (NFT) bubble had swollen to colossal proportions. With the likes of musical artists such as Grimes selling $6 million worth of cryptoart in February, and artist Beeple’s ‘Everydays – The First 5000 Days’ piece pulling in $69 million at Christies in March, the NFT goldrush was in full swing. By April, howe...

17 August 2021 /sustainable

What’s going on with Binance? The low-down on the drama-ridden crypto exchange

Paige McNamee

What’s going on with Binance? The low-down on the drama-ridden crypto exchange

Thanks to a wave of disgruntled customers and enthusiastic regulators, Binance has been garnering all the wrong types of attention over the past 24 months. Bloomberg reported in March that the firm was under investigation by the US Commodity Futures Trading Commission, with the regulator seeking to determine whether cryptocurrency derivatives were ...

16 August 2021 /crypto

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