Hamish Monk - Community Author: Finextra Research

Hamish Monk Senior Reporter at Finextra

Why did Peter Thiel sell his AI stocks?

A regulatory filing has revealed that in Q3 2025 Peter Thiel offloaded all his AI stocks. The move – coupled with SoftBank's selloff of its own Nvidia holdings – is fuelling speculation that the tech industry is due an uncomfortable correction. So, who is Peter Thiel, and why did he sell all his Nvidia stocks? In this instalment of Finextra’s Exp...

18 November 2025 /ai

The AI bubble: Is Nvidia artificially engineering chip demand?

Hamish Monk Senior Reporter at Finextra

The AI bubble: Is Nvidia artificially engineering chip demand?

Some of the UK’s biggest financial institutions (FIs) are investing in artificial intelligence (AI). In November this year, Lloyds unveiled the UK’s first multi-feature AI-powered financial assistant; in September, HSBC launched its generative AI-powered platform; and in March, NatWest became the first UK bank to partner with OpenAI. Appetite am...

11 November 2025 /ai

Hamish Monk Senior Reporter at Finextra

What are Faster Payments?

The UK’s Faster Payments service is back under the spotlight, with the Bank of England (BoE) recently being handed the reins of a long-overdue reform of the UK’s retail payments infrastructure – following years of faltering progress under Pay UK. The move came after Governor Andrew Bailey issued a call for urgent infrastructural modernisation in hi...

04 November 2025 /payments

How to combat cybercrime with curated intelligence

Hamish Monk Senior Reporter at Finextra

How to combat cybercrime with curated intelligence

Cyberattacks targeting payments are surging. According to a recent Nilson report, by 2030 – when total payment card volume will surpass $79 trillion worldwide – the industry will lose an estimated $49 billion from card-not-present fraud. In an interview with Finextra, Rigo Van den Broeck, executive vice president, cybersecurity solutions, Masterca...

31 October 2025 /crime

Hamish Monk Senior Reporter at Finextra

What is trade digitalisation?

According to a September 2025 report by the Organisation for Economic Co-operation and Development (OECD), global trade continues to depend heavily on paper-based documents, despite the rapid pace of digitalisation in other sectors. In the report, the OECD sought to quantify the benefits of reform and identified the various policy gaps hindering t...

28 October 2025 /cloud

How can banks improve their onboarding processes?

Hamish Monk Senior Reporter at Finextra

How can banks improve their onboarding processes?

In a report published by UK Finance in January 2025, the trade association stated that in an “increasingly competitive and congested financial services industry, with legacy banks and fintechs going head to head, improving the customer onboarding experience is key for those serious about growth.” Onboarding is the process by which financial insti...

21 October 2025 /retail

Pre-payment KYP: The next frontier for cross-border payments

Hamish Monk Senior Reporter at Finextra

Pre-payment KYP: The next frontier for cross-border payments

Tackling fraud and misdirected payments is a war of two fronts: it must be waged both domestically and across borders. Thus far, the fight against domestic fraud has been something of a success, with local pre-payment checks – such as the United Kingdom’s Confirmation of Payee (CoP), introduced in 2020, and Europe’s Verification of Payee (VoP), eff...

20 October 2025 /payments

Hamish Monk Senior Reporter at Finextra

What is Open Finance?

On 13 October 2025, the FCA announced a partnership to accelerate the delivery of Open Finance in the UK: “We've been working with the industry to deliver Open Finance,” it said in a press release, “which will give people control over how they manage their money and plan their finances for the future.” This news came ahead of the launch of the FC...

13 October 2025 /payments

AI-powered banking agents: How FIs can support Europe’s micro-business long tail

Hamish Monk Senior Reporter at Finextra

AI-powered banking agents: How FIs can support Europe’s micro-business long tail

The small and micro-business long tail of Europe’s economy is vast. According to the European Commission, small businesses represent 99% of all European enterprises, and account for 48% of total employment within enterprises. Despite being the backbone of the economy – and critical to growth, innovation, and productivity – the small and micro-bus...

07 October 2025 /ai

Could FX strategies be a game-changer for corporate treasurers?

Hamish Monk Senior Reporter at Finextra

Could FX strategies be a game-changer for corporate treasurers?

With the macroeconomic outlook seeming more unpredictable than it has in years, the foreign exchange (FX) market is experiencing considerable volatility. Shifting trade policies are proving a notable headwind – driving liquidity and working capital challenges, as well as geopolitical uncertainty. Fortunately, there are opportunities to be seized a...

06 October 2025 /payments

Hamish Monk Senior Reporter at Finextra

What is API standardisation?

Application programming interfaces (APIs) are a millennial innovation opened out to the financial sector through a series of open banking regulations – the first instalment of which, the Payment Services Directive, was introduced in 2007. APIs transport requests – in the form of data – from one system to the other, informing the provider what the...

01 October 2025 /payments

Emerging technologies revolutionising cross-border payments

Hamish Monk Senior Reporter at Finextra

Emerging technologies revolutionising cross-border payments

This is an excerpt from a Sibos special edition report: The Future of Cross-Border Payments 2026: Strategies for Success. Cutting-edge technologies like AI – and its content-creator cousin, GenAI – are set to revolutionise almost every area of the financial services industry. Particularly exposed to change is the payments landscape, with AI slated...

01 October 2025 /Sibos

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