Latest Research/analysis News: Finextra Research

UK FS firms invest in data analysis and process automation

British financial services firms expect to boost IT spending over the next year, with data analysis and process automation two particularly hot areas, according to the latest CBI/PwC survey.

11 July 2017

News/Research/analysis

UK banking app transaction numbers soar

Brits are increasingly relying on banking applications to manage their money, with nearly 40% of adults using apps in 2016 and transactions rising by 57% during the year.

29 June 2017

News/Research/analysis

Asset managers failing to adapt to digital world

Less than half of global asset managers and asset owners think that they are adapting technology quickly enough to support their business growth needs, according to a survey from State Street.

27 June 2017

News/Research/analysis

4th EU AML Directive will make curbing crime easier, but cost banks millions

As the 4th EU AML Directive comes into force today, a pair of studies suggests that while most UK FS industry financial crime professionals think the new rules will make it easier to prevent money laundering, they are likely to cost banks millions in inefficient KYC checks.

26 June 2017

Company update/Research/analysis

Indian digital payments jumps post demonetisation - survey

A recent study from financial services technology leader FIS (NYSE: FIS) shows a dramatic increase over the past year in the use of mobile devices and other digital banking channels by consumers in India, demonstrating the extent to which country’s demonetisation efforts are changing consumer banking habits.

22 June 2017

News/Research/analysis

Asia still top dog for payments innovation but Europe gaining ground

Asia remains home to most payments innovation but Europe is making a charge, leapfrogging Africa, North America and Latin America, according to a survey of industry execs which also calls out distributed ledger technology as over-hyped.

22 June 2017

Company update/Research/analysis

Santiment partners universities on cryptocurrency price research

Santiment, the world's first crypto-market datafeeds platform is making an open database, and expert-curated content streams as the first blockchain-specific data vendor, has formally announced its partnership with researchers at the University of Hamburg, Concordia University Montreal, and the Blockchain Research Lab.

20 June 2017

Company update/Research/analysis

Mastercard and Western Union explore digital model for refugee camps

On World Refugee Day, Mastercard and Western Union have announced a collaboration to explore the development of a digital model to help refugees more easily access basic human goods, services and finances within refugee settlements. The aim is to enable refugees, their host communities and donors to send and receive funds digitally, allowing for more transparency and long-term empowerment of refugees.

20 June 2017

News/Research/analysis

In race to bring blockchain to financial markets, developers embrace open-source

We may be living in an era of data breaches and hacking scandals but more than half of financial markets participants working on blockchain see open-source as the best model for the technology.

01 June 2017

News/Research/analysis

Legacy tech will become barrier to fighting financial crime - survey

More than 90% of senior financial crime professionals working in the UK banking industry are worried that their firms' legacy technology will become a barrier to fighting crooks over the next couple of years.

30 May 2017

News/Research/analysis

Did someone cancel the fintech revolution?

Did someone cancel the fintech revolution or has it just been delayed? That's the question posed by a new report on the UK scene, which argues that new entrants have failed to lure customers from incumbents and that VC money has started to dry up.

29 May 2017

News/Research/analysis

Security experts struggle in search for WannaCry clues - Reuters

Efforts by IT security researchers to get to the bottom of the recent ransomware attack have been hampered by an inability to find early traces of the so-called WannaCry strain, according to research commissioned by Reuters and conducted by security ratings firm BitSight.

19 May 2017

News/Research/analysis

Strengthening Toronto fintech ecosystem should be top priority - report

Toronto has the potential to be a strong fintech hub but, without a clear strategy and private and government support, the Canadian city could also see its position in the global pecking order slide, suggests a new report written by Accenture and McMillan.

16 May 2017

News/Research/analysis

P2P payments become social norm

Americans are embracing person-to-person payments, with more than a third now using services such as Zelle and Venmo to pay each other back, according to a Bank of America survey.

12 May 2017

News/Research/analysis

UK facility takeover fraud jumps

Facility takeover fraud soared by 45% in the UK last year, as crooks hoovered up the personal data of victims and used it to gain control of bank and other accounts, says not-for-profit data sharing and prevention agency Cifas.

10 May 2017

Company update/Research/analysis

Canadians ready to drop cheques

Dropping the $1,000 note and penny from our currency pales in comparison to the paperless, digital payment revolution that is underway. According to the Payments Pulse survey conducted by Payments Canada and Leger Marketing, the country seems willing to change with a majority ready to drop cheques altogether and half willing to do the same with cash.

09 May 2017

News/Research/analysis

Nasdaq calls for market reform to help smaller firms

Technological advances and regulatory changes over the last 10 years have transformed the way that markets function, but small and medium growth firms are not feeling the benefit, says Nasdaq.

05 May 2017

News/Research/analysis

Québec watchdog opens fintech lab and joins R3

The Autorité des marchés financiers (AMF), Québec's financial services regulator, has joined the R3 consortium and set up a fintech lab to help it study new technologies, such as blockchain.

02 May 2017

News/Research/analysis

Bank branch visitors more satisfied than digital-only customers

American customers who occasionally visit branches are more satisfied with their banks than those that only use mobile and online channels, according to a new JD Power study.

28 April 2017

Company update/Research/analysis

Banks confident on cybersecurity but lack real-world testing

Many senior bank executives are confident about their cybersecurity strategy, yet a lack of comprehensive, practical testing is leaving gaps in their defense, according to a new report from Accenture (ACN).

19 April 2017