Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Money 20/20 EU: Take caution with hyper-expansion

Hyper-personalisation is receiving significant attention from financial services at present. Yet expansion into new niches which businesses haven’t fully understood poses new risks, and, as explored by Money 20/20 Europe’s panel session, ‘Hyper-personalisation in a data-driven world', this can have severe impacts across an entire business model.

10 June 2022

News/crypto

NextGen Nordics: Who started the rumour that CBDCs will replace cash?

Niamh Curran, Finextra reporter, took to the stage to question Faisal Islam, fintech/regtech specialist at Sentinels; Anders Olofsson, head of payments at Finastra; and Ville Sointu, head of emerging technology at Nordea about digital currencies and whether they will have the capacity to transform payment systems and how cash is used.

28 April 2022

News/crypto

EBAday 2022: EU wrestles with digital euro privacy concerns in targeted consultation

Publishing its ‘Targeted consultation on a digital euro’ on the 5th of April, the European Commission outlined that it would need to establish laws across privacy and AML should the Union decide to issue a digital euro.

14 April 2022

News/inclusion

NextGen Nordics: Banking app for Ukrainian refugees launched

Ahead of our NextGen Nordics conference on 27th April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.

08 April 2022

News/regulation

Barclays addresses potential CBDC fragmentation in new paper

Barclays’ paper sets out a methodology for the mitigation of potential fragmentation risk presented by central bank digital currency (CBDC), through an architecture that places CBDC and commercial bank money on a similar footing.

01 April 2022

News/crypto

Disagreement among Lords: A busy week for digital currency

We knew policymakers and financial leaders would be at their battle stations come 2022, and the updates rolling in across the crypto, CBDC and stablecoin fronts are coming thick and fast. We’ve rounded up the key updates from the private and public sector to make headlines this week:

14 January 2022

News/crypto

Benoît Cœuré: regulators likely to agree on crypto framework in 2022 – FT

In a conversation with the Financial Times, chief of the Bank for International Settlements (BIS) Innovation Hub, Benoît Cœuré, stated that a global framework for cryptocurrency should be agreed to in 2022.

20 December 2021

News/crypto

India to regulate crypto, avoids outright ban

A cabinet note seen by NDTV shows the Indian government will regulate cryptocurrencies in the country, rather than imposing a ban on their use.

03 December 2021

News/crypto

ECB invites tech experts to join CBDC debate

The European Central Bank is inviting technology experts to take part in online technical talks to explore options for the design of a central bank digital currency.

25 October 2021

News/Sibos

Sibos 2021: Why ‘desirability’ of CBDC is just as important as ‘feasibility’

Following moderator Dr Leda Glyptis of 10x Future Technologies’ introduction surrounding ‘The Future of Money’ with digital currency and tokenisation at the heart, John Egan, CEO of L’Atelier BNP Paribas, stated that a key problem in the conversation around CBDC is that we’ve discussed it from the perspective of what is feasible, rather than what would be technologically desirable.

13 October 2021

News/Sibos

McKinsey: Firms should prepare for the ‘inevitable changes’ of CBDC

McKinsey’s annual Global Payments Report released on day one of Sibos 2021, outlines a positive, albeit unbalanced, return to growth across the sector after Covid-19, underscoring the action firms should take in anticipation of widespread digital currency adoption.

11 October 2021

News/crypto

Hong Kong takes first steps on CBDC journey

The Hong Kong Monetary Authority has taken the first steps on its exploration of a central bank digital currency with the release of a technical white paper on a possible 'e-HKD'.

05 October 2021