Madhvi Sonia - Community Author: Finextra Research

Data: creating a million-dollar opportunity for banks

Madhvi Sonia Head of Content at Finextra

Data: creating a million-dollar opportunity for banks

It is evident that partnerships across the financial services ecosystem can resolve technology challenges from a business-led and a tech-led perspective. While banks have modernised core and digital engagement to meet constantly shifting customer demands, while also reducing cost and risk, process automation has improved resilience, efficiency and...

25 April 2023 /cloud

Correspondent banking relationships: how are they changing in 2023 and beyond?

Madhvi Sonia Head of Content at Finextra

Correspondent banking relationships: how are they changing in 2023 and beyond?

Correspondent banking is of paramount importance to the global payments system today, particularly for banks that would like to access financial services in different geographies and provide cross-border payments services to their customers, bolstering international trade and financial inclusion. Even payments solutions that do not require custome...

20 April 2023 /payments

What does the future hold for the fintech talent pipeline and jobs of the future?

Madhvi Sonia Head of Content at Finextra

What does the future hold for the fintech talent pipeline and jobs of the future?

In his Spring Budget 2023 speech, Chancellor of the Exchequer Jeremy Hunt announced that the UK Government would deliver 12 new Investment Zones after the success of the regeneration projects in London’s Canary Wharf and the Liverpool Docks. This is an excerpt from The Future of Fintech in the UK 2023: An Innovate Finance Global Summit and UK Fint...

20 April 2023 /people

Is greater accountability needed to accelerate the transition to net zero?

Madhvi Sonia Head of Content at Finextra

Is greater accountability needed to accelerate the transition to net zero?

This is an excerpt from The Future of Fintech in the UK 2023: An Innovate Finance Global Summit and UK Fintech Week special edition' report. The recently published report by the Intergovernmental Panel on Climate Change (IPCC) – the scientific body that advises the UN on rising temperatures – revealed that as current trends stand, we will overshoo...

19 April 2023 /sustainable

How can fintech firms in the UK do more for financial inclusion and wellness?

Madhvi Sonia Head of Content at Finextra

How can fintech firms in the UK do more for financial inclusion and wellness?

While rising costs could create new challenges for financial inclusion, regulation plays an important role in driving financial inclusion and improving outcomes for individuals and communities. Financial inclusion is a complex issue that requires strong partnerships and collaboration across the government, regulators, and other organisations such ...

19 April 2023 /inclusion

Should credit models that offer greater financial inclusivity be created?

Madhvi Sonia Head of Content at Finextra

Should credit models that offer greater financial inclusivity be created?

This is an excerpt from The Future of Fintech in the UK 2023: An Innovate Finance Global Summit and UK Fintech Week special edition' report. Sugihara also mentioned that millions of borrowers across the UK continue to be locked out of mainstream credit or are forced to accept credit products that don’t suit their needs, may be inappropriate, or th...

19 April 2023 /inclusion

Will the CFIT tackle growth barriers and accelerate the UK fintech sector?

Madhvi Sonia Head of Content at Finextra

Will the CFIT tackle growth barriers and accelerate the UK fintech sector?

The Centre for Finance, Innovation and Technology (CFIT), a UK quango charged with unblocking barriers to growth for fintech, has opened a National Hub in Leeds. The creation of the CFIT was a key recommendation of the 2021 Kalifa Review of UK Fintech. HM Treasury gave the green light to the project in the 2021 Spending Review, allocating £5 milli...

18 April 2023 /startups

Will SVB’s collapse and Credit Suisse’s bailout result in increased spend on risk management?

Madhvi Sonia Head of Content at Finextra

Will SVB’s collapse and Credit Suisse’s bailout result in increased spend on risk management?

SVB UK has been sold to HSBC and continues to exist as a legal entity. For technology companies and their investors, now is the time for reflection and preparing for any future risk of a similar collapse. According to Allen & Overy, the “collapse of SVB at the heart of the global tech ecosystem was a surprise to many in the industry. It highli...

13 April 2023 /regulation

What does the future hold for fintech investment in the UK?

Madhvi Sonia Head of Content at Finextra

What does the future hold for fintech investment in the UK?

Fintech investment across Europe, the Middle East and Africa fell from $79 billion across 2,379 deals in 2021 to $44.9 billion across 1,977 deals in 2022, according to KPMG’s biannual analysis of global fintech investment, the ‘Pulse of Fintech’ report. Further, total UK fintech investment hit $17.4 billion in 2022, down from $39.1 in 2021. This i...

13 April 2023 /markets

Banking and fintech movers and shakers: World Bank, CFIT, PayPal and more

Madhvi Sonia Head of Content at Finextra

Banking and fintech movers and shakers: World Bank, CFIT, PayPal and more

Here’s a recap of the most headline worthy and recent hires, departures, and company shakeups of this February and what that could mean for 2023. NAB National Australia Bank revealed that more than 500 female staffers have signed up for a new in-house learning programme on cloud technology. The bank is the first company to adopt and run the Amazon...

01 March 2023 /people

Nigeria election 2023: the impact on fintech and digital payments

Madhvi Sonia Head of Content at Finextra

Nigeria election 2023: the impact on fintech and digital payments

Some Nigerian citizens believe that outgoing President Muhammadu Buhari’s All Progressives Congress (APC) government has played an instrumental role in establishing a foundation for the likes of Flutterwave, PayStack and Interswitch to thrive. Others feel that the biggest contribution that the Nigerian government has made to the fintech and digita...

15 February 2023 /payments

Banking and fintech movers and shakers: Revolut, Ant, Feedzai and more

Madhvi Sonia Head of Content at Finextra

Banking and fintech movers and shakers: Revolut, Ant, Feedzai and more

Here’s a recap of the most headline worthy and recent hires, departures, and company shakeups of this January and what that could mean for 2023. Revolut Revolut is planning to hire a behavioural team that will be referred to as ‘CultureLab’ to address an "aggressive" corporate culture, according to an article published in The Guardian. ...

01 February 2023 /predictions

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