Latest Next Gen Banking News: Finextra Research

Fintechs must ‘sell simplicity’ to carve out competitive advantage

Where selling trust with a brand was once the key point of distinction for effective marketing in the fintech space, streamlining user experience through product simplicity now leads the way in superior branding strategy.

25 October 2019

News/Next Gen Banking

If you can’t beat them, join them: Fintech partnerships are here to stay

With commercial models, value chains and M&A activity emerging as a leading theme of Money 20/20’s upcoming conference in Las Vegas, we explore how financial institutions are leveraging the opportunity to collaborate with incumbents and disruptors across the space.

22 October 2019

News/payments

AI will drive productivity in the payments industry

The payments industry is increasingly being exposed to the technological transformation that is occurring outside of the financial services sector. But is the space ready to drive productivity in payments with artificial intelligence?

22 October 2019

News/Next Gen Banking

New fintech envoy appointed for Northern Ireland

A top executive of a data analytics company has been hired as the UK government's new fintech envoy for Northern Ireland

07 October 2019

News/Next Gen Banking

Ambitious P27 project grows team for next phase

Nordic bank-backed P27 is undertaking a recruitment drive as it puts together the building blocks for a proposed 2021 go-live of its real-time, cross-border payment project.

10 September 2019

News/Next Gen Banking

Starling opens new UK office

Online bank Starling is today cutting the ribbon on its new office in UK town Southampton as it looks to bolster its operational resources.

02 September 2019

News/Next Gen Banking

Revolut to open ops centre in Portugal

Challenger Revolut is planning to open a customer service centre in Portugal that will employ 400 people.

02 September 2019

News/Next Gen Banking

Singapore to accept first digital bank applications

Two months after announcing plans to issue digital banking licences, the Monetary Authority of Singapore (MAS) is set to accept the first applications.

29 August 2019

News/Next Gen Banking

ICICI Bank claims industry first with robotic cash counters

India's ICICI bank has claimed to be the first bank in the country to deploy industrial robotic arms to count currency notes.

28 August 2019

News/Next Gen Banking

Aussie regulator turns to tech in new strategy

Australia's capital markets regulator has vowed to expand its use of new technology and behavioural data as part of a strategic plan to strengthen its enforcement.

28 August 2019

News/cloud

How to build the regulator’s confidence in the cloud

When moving to the cloud, meeting all risk, legal and compliance requirements is non-negotiable. The key question regulators are asking financial services providers is whether they have identified the operational risks associated with migrating to cloud computing, and if banks understand the process of managing these obstacles.

12 July 2019

News/Next Gen Banking

Deutsche Bank to spend €13bn on tech amid massive job cuts

Deutsche Bank has announced swingeing job cuts as part of a radical overhaul of its operations that will also see it spend €13bn on new technology over the next four years.

08 July 2019

News/Next Gen Banking

Banks falling behind in digital transformation efforts

Despite investing more than $1trn globally in new technology over the last three years, the majority of banks have yet to see any financial boost from their digital transformation programmes.

20 June 2019

News/Next Gen Banking

Regulators and politicians respond to Facebook's crypto plans

Regulators, politicians and other crypto players have all responded to yesterday's unveiling of Facebook's Libra project and suggested that the social media giant's digital currency plans may face several challenges.

19 June 2019

News/Next Gen Banking

UK fintech salaries on the rise - report

Jobs in the UK's fintech sector have grown by 61% in the last year while demand for skilled workers has seen salaries rise by as much as 25% according to a recently published report.

18 June 2019

News/Next Gen Banking

Facebook reveals digital wallet plan

Social media platform Facebook has unveiled further details of its much-anticipated digital currency offering, which it hopes will transform financial services.

18 June 2019

News/Next Gen Banking

S Korea bemoans slow pace of its fintech market

An immature ecosystem and a lack of competition is slowing down South Korea's fledgling fintech industry according to the country's financial regulator

07 June 2019

News/Next Gen Banking

Mega M&As fuel record growth in fintech deals

A flurry of large M&A deals and the popularity of contactless payments have helped to create a record volume of fintech deals, according to a recent report, but also raised fears that the market may be overcrowded and reaching peak status.

06 June 2019

News/Next Gen Banking

Report lays out Nordic fintech manifesto

The majority of fintechs in the Nordic and Baltics belive that the region can dominate the fintech landscape in years to come but only if they can secure greater access to investment capital.

05 June 2019

News/Next Gen Banking

WorldRemit nets $175m in latest financing round

UK-based mobile payments firm WorldRemit has raised $175m in a series D funding round that it says will be used to launch a new payments business aimed at the small and medium enterprises (SME) sector.

03 June 2019