Alternative finance

3 articles tagged with this keyword

/wholesale

Why It Is Critically Important to Sustain Correspondent Banking

Inside the FinextraTV studio at EBAday 2025 in Paris, Jean-François Mazure, Global Head of Cash Clearing Services, Societe Generale emphasised the critical importance of keeping correspondent banking alive amongst the modern innovation of alternative solutions. Explaining its benefits, Mazure describes how it can help to create a frictionless future and contribute towards financial inclusion and provides an alternative opinion on what impact instant payments will have on correspondent banking.

/regulation

Why Lending in 2025 Now Faces an Entirely New Dynamic

Joining the FinextraTV virtual studio, David Ruis, Partner, Deloitte and Anthony Nonnis, Head of Global Partnerships, Mambu, discuss how banking as an industry is currently experiencing new dynamics and the emergence of alternative lenders. Examining how the current regulatory and geopolitical situation is impacting innovation, they outline the transformation that is now taking place with AI technologies throughout the lending journey.

/ai

Traditional AI Is Not A Reasoning Machine; It’s A Set of Rules

Many have fallen into a belief that AI is a self-thinking entity, but Daniel Szmukler, Director, Euro Banking Association (EBA) discussed with FinextraTV how this was a fallacy. Whilst at Finextra’s inaugural NextGenAI event, Szmukler joined the studio to explain the varying usage of AI across the financial institutions and consumers and, in particular, to assert that traditional AI is a set of rules, not a reasoning machine.