Predictions

130 articles tagged with this keyword

/crypto

Stablecoins could rival cards - Fed payments expert

Stablecoins are going mainstream and could grow to rival credit and debit cards, predicts a payments expert at the Atlanta Fed.

/ai

AI threatens as many as 200,000 jobs in global banks - Bloomberg

Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.

/sustainable

How ethical guidelines can improve climate research

For a while now, the financial services industry has understood its role within climate intervention. As a result, companies across the world in the financial sector have looked to become funders and to develop their ESG regulations, quickly and immediately. Yet in the speed to be compliant and sustainable, ethics can become lost from the conversation.

/predictions

Fear of fraud in instant payments shouldn’t stop progress – US Faster Payments Council

A key conflict that will undoubtedly shape progress within fintech successes throughout 2025 is the shifting innovations of instant payments and the problem of evolving fraud alongside it.

/ai

Google Cloud predicts four ways that GenAI will transform financial services

The next year will see an industry tipping point for AI innovation in the financial sector, says Zac Maufe, global head of regulated industries at Google Cloud.

/payments

Why financial technology can make global payments a frictionless process

Both consumers and businesses, as technology has developed, have begun to rely on global payment services for a variety of uses. As the process becomes more and more digitised, fintech firms are focussed on better speeds and transparency whilst remaining just as, if not more, secure.

/payments

10 trends that will impact payments in 2025, according to Mastercard

In this preview of a Mastercard report being released in early 2025, leaders at the card processer say that generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.

/ai

Zopa raises £68 million in equity funding

The funding will support growth ahead of the launch of Zopa's flagship current account and GenAI proposition in 2025.

/identity

AI power centres are fresh targets for hackers - Experian

Experian’s 12th annual Data Breach Industry Forecast includes five 2025 predictions for 2025 that show that global data breaches show no signs of slowing down.

/startups

Finextra and the Euro Banking Association invite startups to join the EBAday Fintech Zone

EBAday 2025, the annual summit for the leading payments and transaction banking executives hosted by the Euro Banking Association (EBA) and Finextra, has opened applications for its Fintech Zone.

/payments

AFP: Truist Bank exec says speed and simplicity is how to delight customers

Finextra sat down with Chris Ward, EVP enterprise payments for Truist Bank, to talk about what he sees coming in the future of payments.

/markets

AFP: 2025 FX market trends and the impact of the US Election

Can a smaller FX and global payments provider compete against the large and regional banks when it comes to buying and sending foreign currency payments to suppliers overseas? “Absolutely,” said Monex USA CEO John Doyle.

/predictions

Why US fintech and banking is at an inflection point

Boston Fintech Week returned this week for its seventh instalment, welcoming industry experts and executives to a two day conference at the Federal Reserve Bank of Boston to discuss the state of banking and fintech at full throttle in the US, and explore what lies ahead.

/startups

Irish fintech spending falls by 90% in H1

The first half of 2024 has seen a dramatic decline in spending within Ireland's fintech industry, reflecting cautious investor sentiment.

/people

Finextra is getting a new look!

We’re excited to go live with Finextra’s new website next week.

/predictions

Trade finance to play major role in $30 trillion tokenised assets market

Demand for tokenised real-world assets could reach $30.1 trillion by 2034, with trade finance assets making up a significant part of the market, predicts a paper from Standard Chartered and Synpulse.

/payments

EBAday 2024: Derisking correspondent banking and cross border payments

Taking to the stage on the second and final day of EBAday in Lisbon, Portugal were Erik Frantz, executive director, financial institutions – banks, CaixaBank; Roisin Levine, head of UK and Europe partnerships, Wise Platform; Rafael Linde, head, international development and global relationship management, Cecabank; Dean Sposito, head of institutional cash and trade finance, Western Europe, Deutsche Bank; and Gareth Lodge, senior analyst, payments, Celent, who moderated the session.

/payments

EBAday 2024: Turning European dialogue into solutions for the new payments era

Wolfgang Ehrmann, chairman of the board at Euro Banking Association (EBA) kicked off the first day of the 19th EBAday with a speech welcoming all delegates.

/markets

BoE forecasting held back by out-of-date tech - Bernanke

The Bank of England has been heavily criticised by a former chairman of the US Federal Reserve for relying on outdated technology for its economic forecasts.

/startups

Report calls for more support for female founded fintechs

UK startups outside of London should have more than one founder, ensure gender diversity and join an accelerator, according to the findings of a recently published report.