Madhvi Sonia - Community Author: Finextra Research

How to prepare for the new European legislative landscape

Madhvi Sonia Head of Content at Finextra

How to prepare for the new European legislative landscape

Geopolitical uncertainties and macroeconomic challenges have resulted in increased innovation that have ensured that RTGS and Faster Payments rails are superseded by instant payments and paved the way for ISO20022. This could not have been possible without legislation and support from regulators. October 2022 saw the European Commission announce a...

21 June 2023 /regulation

How banks can leverage real-time payments to stand out against competitors

Madhvi Sonia Head of Content at Finextra

How banks can leverage real-time payments to stand out against competitors

During a Finextra webinar, hosted in association with Bottomline, panellists explored the renewed vigour in addressing issues with legacy payments architecture and how transitioning to SaaS can support financial institutions looking to ‘stake their claim’. Frédéric Viard, product strategist, instant payments, Bottomline; Judy Bei, managing directo...

12 June 2023 /payments

How can the potential for open finance in Europe be unleashed and become a reality?

Madhvi Sonia Head of Content at Finextra

How can the potential for open finance in Europe be unleashed and become a reality?

This is an excerpt from The Future of Digital Banking in Europe 2023, a Money 20/20 special edition. Justin Basini, CEO, ClearScore, believes that we have reached a tipping point in the open finance space. “The pandemic drove increased consumer adoption of digital channels and an increased propensity for consumers to share data online. Furthermore...

07 June 2023 /devops

What technologies are being used by European providers to ensure smooth interactions?

Madhvi Sonia Head of Content at Finextra

What technologies are being used by European providers to ensure smooth interactions?

This is an excerpt from The Future of Digital Banking in Europe 2023, a Money 20/20 special edition. Looking to the future, the financial services and fintech industries will be reliant on technology and collaboration to move the needle. Digital transformation across mobile devices, chatbots and automation has led to digital banking becoming more ...

06 June 2023 /retail

What needs to be considered when mapping an European digital banking strategy?

Madhvi Sonia Head of Content at Finextra

What needs to be considered when mapping an European digital banking strategy?

This is an excerpt from The Future of Digital Banking in Europe 2023, a Money 20/20 special edition. Digital transformation is an intimidating project and altering a business’s strategy cannot be done at the flick of a switch. While change is challenging, recent developments across technology have revealed that transformation does not have to be a...

05 June 2023 /cloud

How can digital trust be built amid global unrest and uncertainty in Europe?

Madhvi Sonia Head of Content at Finextra

How can digital trust be built amid global unrest and uncertainty in Europe?

This is an excerpt from The Future of Digital Banking in Europe 2023, a Money 20/20 special edition. After a few stagnant years, the world is certainly in motion and macrotrends are forcing organisations to drive change in financial services, disruption in fintech, expand usage of mobile devices and adopt emerging technologies. Digital banking tra...

02 June 2023 /security

What is Europe’s formula for supporting the fintech industry?

Madhvi Sonia Head of Content at Finextra

What is Europe’s formula for supporting the fintech industry?

This is an excerpt from The Future of Digital Banking in Europe 2023, a Money 20/20 special edition. Growth across the European fintech industry is fluctuating, and it is becoming increasingly evident that the record levels of funding and deals seen in 2021 will not happen again any time soon. As revealed by CB Insights, funding rose by a staggeri...

01 June 2023 /markets

Correspondent banking relationships: how can fintech resolve burgeoning issues?

Madhvi Sonia Head of Content at Finextra

Correspondent banking relationships: how can fintech resolve burgeoning issues?

Fintech can help resolve issues related to financial exclusion and make strides where the traditional financial services industry has fallen short. Ensuring technology is widely accessible to deliver meaningful change has allowed fintech firms to offer far more comprehensive solutions than legacy players and provided banking services for certain a...

31 May 2023 /payments

How to migrate legacy applications to cloud-ready container-as-a-service platforms

Madhvi Sonia Head of Content at Finextra

How to migrate legacy applications to cloud-ready container-as-a-service platforms

Incumbent banks that have made long-term commitments to legacy infrastructure are now deciding to build digital customer experiences or omnichannel support applications with the cloud. In addition to this, these financial institutions are also adding an abstraction layer that can interact with applications through an API interface. Why is this occ...

09 May 2023 /cloud

How to maximise cross-border payments success

Madhvi Sonia Head of Content at Finextra

How to maximise cross-border payments success

During our Finextra webinar, “Cross-border Payments: 4 Steps to Maximise Cross-border Payments Success” hosted in association with Bottomline, panellists explored the chequered past of cross-border payments and the attention that this business is garnering amid the modernisation of the movement of money. Charles de Rougé, head of SaaS solutions, B...

03 May 2023 /payments

Identity verification: How to strike a balance between speed and security

Madhvi Sonia Head of Content at Finextra

Identity verification: How to strike a balance between speed and security

Customers require faster speed and greater agility from their payments providers. This is now of paramount importance with emerging trends coming to the fore such as card-not-present transactions, adoption of contactless payments, and new financing options at the point-of-sale. As more transactions become digital, opportunities for financial crime...

27 April 2023 /identity

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

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