DevOps - Long Reads, News, Articles & Research: Finextra

How new European and US Open Banking rules will change the financial landscape

Scott Hamilton Contributing Editor at Finextra Research

How new European and US Open Banking rules will change the financial landscape

The 'Open Banking' movement – described by Scarlett Sieber in Forbes as “the plumbing and piping of your institution that acts as an enabler to allow you to partner with third parties like fintechs” – can be hard to define given its different approaches and elements in specific regions and countries across the globe. Europeans point proudly, and r...

28 November 2023 /devops

Banking on value: Financial institutions deserve more from their data

Retired Member

Banking on value: Financial institutions deserve more from their data

In 2006, Clive Humby famously declared that “data is the new oil”. The eye-catching quote perfectly surmised the immense potential value of data as it was understood at the time. Since then, that potential has only grown, particularly within the realm of financial services. For many banks and financial institutions, data has become a cornerstone f...

17 November 2023 /devops

Generative AI’s next generation: Enter the agents

Joseph Lo Head of Enterprise Platforms at Broadridge

Generative AI’s next generation: Enter the agents

What seemed like science fiction a year ago is now business as usual in the realm of artificial intelligence. As generative AI enters its second year, a new game-changer emerges — GPT agents. Introduced at the recent OpenAI DevDay, these agents take Large Language Models (LLMs) to the next level, not just processing information but also shaping ou...

15 November 2023 /devops

How is space data being applied in fintech to address climate change?

Sehrish Alikhan Reporter at Finextra

How is space data being applied in fintech to address climate change?

Addressing climate change and achieving net zero targets has become increasingly critical in the fintech sector. Corporations are being held responsible by regulators, stakeholders, and clients to actively work towards sustainability and be transparent in the environmental impact of their operations. With the advent of artificial intelligence (AI)...

01 November 2023 /devops

Future of Fintech in Latin America 2023: Data penetration has room for improvement

Níamh Curran Senior Reporter at Finextra

Future of Fintech in Latin America 2023: Data penetration has room for improvement

This is an excerpt from The Future of Fintech in Latin America 2023 report. Latin American is one of the biggest growth markets for fintech. According to the IMF, digital payments across Latin America grew from $89 billion in 2017 to $215 billion in 2021; the number of digital payment services exceeded 300 million in 2021; and alternative finance ...

19 October 2023 /devops

Why do we need quantum-resistant encryption?

Níamh Curran Senior Reporter at Finextra

Why do we need quantum-resistant encryption?

This next edition of our Quantum Series, which highlights the key issues in the developing world of quantum computing, focuses in on quantum-proof encryption. Earlier this year, the White House released a memorandum which laid out a goal for government departments to adopt quantum-resistant encryption to mitigate risks associated with the technol...

29 September 2023 /devops

Future of Fintech in Latin America 2023: AI sector expects growth and aims to confront bias

Sehrish Alikhan Reporter at Finextra

Future of Fintech in Latin America 2023: AI sector expects growth and aims to confront bias

This is an excerpt from The Future of Fintech in Latin America 2023 report. Latin America has seen a shift in its financial payments industry in recent years, with countries such as Brazil and Mexico morphing into fintech powerhouses. AI initiatives are being adopted in public and private sectors to facilitate use of new technologies in Latin Amer...

31 August 2023 /devops

Future of Fintech in the Middle East 2023: Access to increased data can enhance customer experience

Níamh Curran Senior Reporter at Finextra

Future of Fintech in the Middle East 2023: Access to increased data can enhance customer experience

This is an excerpt from The Future of Fintech in the Middle East 2023 report. Data plays an important role for the growth of fintech in any region. It can help financial services participants understand their customers’ needs and is used to protect users from bad actors. Access to better data can also improve customer interactions because of incre...

29 August 2023 /devops

Future of Fintech in the Middle East 2023: Aiming to become an AI hub

Sehrish Alikhan Reporter at Finextra

Future of Fintech in the Middle East 2023: Aiming to become an AI hub

This is an excerpt from The Future of Fintech in the Middle East 2023 report. The Middle East has seen rapid technological advancement and digitalisation over the past couple of decades. The region has blossomed into a tech hub, with Gulf nations establishing sophisticated technological frameworks. In the development of AI innovations, the Middle ...

17 August 2023 /devops

Future of Fintech in Africa 2023: Data penetration could be improved with better infrastructure

Níamh Curran Senior Reporter at Finextra

Future of Fintech in Africa 2023: Data penetration could be improved with better infrastructure

This is an excerpt from The Future of Fintech in Africa 2023 report. Africa is maturing as a fintech market. McKinsey predicts that the financial services market in Africa could grow at 10% per annum through 2025 reaching $230 billion in revenues, excluding South Africa. The diagram shows that African fintech growth exceeds that of the global benc...

14 August 2023 /devops

The Quantum Series: Finextra’s intro to Quantum Computing

Paige McNamee

The Quantum Series: Finextra’s intro to Quantum Computing

Finextra is firmly focused on keeping our audience abreast of the key trends and updates impacting the financial services and fintech landscape. It’s only fitting then, that we take the time to delve into the world of quantum computing. While it is still very early in the developmental stage of quantum computing, 2022 research from the World Econo...

01 August 2023 /devops

Future of Fintech in Africa 2023: AI developing rapidly, but South Africa leads the charge

Sehrish Alikhan Reporter at Finextra

Future of Fintech in Africa 2023: AI developing rapidly, but South Africa leads the charge

This is an excerpt from The Future of Fintech in Africa 2023 report. Since the Covid-19 pandemic, there has been an increase in AI-related startups and national AI advancements in Africa. The continent as a whole faces issues with large geographic swathes and population segments which remain undigitised, resulting in a huge unbanked population. Ho...

27 July 2023 /devops

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