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

Treasury 2025: Finance departments in mid-sized corporates need to become innovation enablers

Nordea’s wide ranging ‘Treasury 2025’ survey of Nordic companies shines a light on finance/treasury departments in mid-sized corporates and their role in driving innovation. While many are optimistic about playing an increasing role in changing business models, they are not seen as particularly innovative by the rest of the business. Nordea’s annu...

01 February 2021 /predictions

Yaela Shamberg CPO at Communify

The future of wealth management

Covid-19 has fundamentally and permanently changed the wealth management industry – evolving client demands and accelerating the need to go digital. Firms who continue to improve their digital offerings will earn their place to compete in the market — whilst those who do not will be rendered obsolete. To succeed in this ever-evolving market, firm...

28 January 2021 /predictions

Jump Start 2021: Fintech Innovation Accelerates Digital Strategies in Financial Institutions

Priya Iyer CEO at Vee24

Jump Start 2021: Fintech Innovation Accelerates Digital Strategies in Financial Institutions

For financial institutions, the year 2020 accelerated the already intense focus on digital. A recent report from Deloitte notes that the pandemic has turbo-charged digitization for the banking industry, and predicts that banks will continue to elevate customer engagement by “creating an optimal mix of digital and human interactions, using data in...

27 January 2021 /predictions

Future of Payments: Five Expert Predictions about What will Shape Market in 2021

Marius Galdikas CEO at ConnectPay

Future of Payments: Five Expert Predictions about What will Shape Market in 2021

This year has been a rollercoaster for the payments industry, as it had to adapt to new challenges posed not only by the ever-changing needs of the consumer but by the pandemic as well. To shed some light on what the future has in store for the industry. Banking-as-a-service, or BaaS, offers the provision of banking processes, meaning, it allows to...

26 January 2021 /predictions

Four Predictions for Fintech and Payments in 2021

Retired Member

Four Predictions for Fintech and Payments in 2021

Despite the overwhelming challenges of a global pandemic, 2020 saw an enormous amount of resilience, ingenuity and innovation in the world of fintech, payments and financial services. 1. The Effects of COVID-19 Will Continue to Influence Consumer Behaviour It is now well established that COVID-19 has accelerated many pre-pandemic trends. For exampl...

22 January 2021 /predictions

2021 Predictions for the Payments Industry

Retired Member

2021 Predictions for the Payments Industry

Predictions for 2021 must consider the general trends from previous years, but with COVID-19 playing a major role in customer behaviour as well as restrictive measures for purchasing, the predictions for the payments industries and online merchant accounts must be viewed and studied with a more focused degree of scrutiny. From my experience in bot...

19 January 2021 /predictions

Five Predictions for the use of AI in Fintech

Adam Lieberman Chief AI Officer at Finastra

Five Predictions for the use of AI in Fintech

In the year ahead, organisations across financial services will be turning to the technologies that can deliver the most value in a short amount of time. Inevitably, AI and machine learning, and a focus on harnessing data, will be key to bolstering business strategies and enabling new areas of growth. There are, however, immediate challenges that ...

15 January 2021 /predictions

Jonjie Sena Sr Director, Product Marketing at Neustar

The evolution of the phone call in 2021

This year, the pandemic has kept us apart physically, but humans are nothing if not innovative, and communication is a basic human need. While Zoom and other video calling technologies quickly filled much of the void for those desperately missed in-person communications; the phone is still one of the most important communication channels for finan...

14 January 2021 /predictions

2021: Reinventing the Financial Services Value Chain

Joe Channer CEO at Delta Capita

2021: Reinventing the Financial Services Value Chain

The banking environment is becoming increasingly challenging for smaller and mid-sized firms to operate. The costs of the ongoing regulatory agenda and the need to focus on improving truly client differentiating capabilities - powered by modern technology such as Artificial Intelligence (AI) - is almost impossible to achieve on your own. Banks are...

13 January 2021 /predictions

Payments, Sustainable Banking and Retail Reprioritisation of Digital

Retired Member

Payments, Sustainable Banking and Retail Reprioritisation of Digital

As millions of consumers raced online, COVID accelerated the urgency for digital banking. And there, they’ll stay, says Bain in a study that found 95% won’t go analogue again. Beyond banking, the pandemic triggered unexpected pockets of opportunity, so here are my predictions for the retail banking road ahead. Continued Disruption in Payments As t...

12 January 2021 /predictions

Breaking New Grounds: How Fintech and Industrial Partnerships Can Boost Financial Inclusion

Siri Børsum

Breaking New Grounds: How Fintech and Industrial Partnerships Can Boost Financial Inclusion

There are currently over 1.7 billion people in the world that are unbanked and lacks access to basic and necessary financial services that are crucial for their upward mobility. A 2017 study by World Bank revealed several key factors behind the large population of the financially excluded, such as high costs associated, long distance, and the lack...

11 January 2021 /predictions

Why Fintech Innovation will Power Banking’s Next Decade

Marco Mottadelli Head of Global Brokerage at Fineco Bank

Why Fintech Innovation will Power Banking’s Next Decade

Across a number of industries, the impact of the global pandemic can be summed up at its very core as being one of an accelerating agent. While the virus did not reverse or even necessarily altered the course of growth of certain industries, it rather moved innovation forward. Some technology companies suggested they saw four years of consumer beh...

08 January 2021 /predictions

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