Latest long reads: Finextra Research

Using technology to transform, not run around in circles

Marco Mottadelli Head of Global Brokerage at Fineco Bank

Using technology to transform, not run around in circles

It may strike some as self-evident, but we are the midst of one of the most rapid transformations in the history of the banking centre. At the core of this shift is digital transformation, as the banking industry looks to adapt and synthesise the incredible gains made elsewhere in society and make it relevant for how people save, invest and spend....

17 February 2021 /devops

Retired Member

Corporate banking in 2021

Financial institutions seeking to expand into the lucrative commercial sector face their own set of difficulties as regulations and cost containment take centre stage. In 2021, banks should be primed to address several overarching challenges in the quest for SME business. Embedding comprehensive digital capabilities is also essential to aid expens...

16 February 2021 /predictions

Kyrylo Shevchenko Governor at National Bank of Ukraine

Preparing for a Digital Future

Across the world, the Coronavirus pandemic has brought about a dramatic shift in the consumer uptake of digital services, particularly in the financial services sector. In the case of Ukraine, however, such a shift had already been initiated. Rather, the pandemic has accelerated the transition that we at the National Bank of Ukraine view as essenti...

16 February 2021 /predictions

Getting a grip on PSD2: Why it pays for businesses to be on top of SCA in 2021

Judy Nguyen VP of Network Product Development & Management at American Express

Getting a grip on PSD2: Why it pays for businesses to be on top of SCA in 2021

Last year was an extraordinary year for e-commerce, with UK online sales an astonishing 50% higher in August compared with February, according to ONS statistics. However, the boom for online commerce was not without its challenges as merchants sought to manage greater supply chain pressures and the need to upscale deliveries. In addition to this i...

15 February 2021 /predictions

4 things banks can do in 2021 to protect customer relationships

Annerie Vreugdenhil Chief Innovation Officer at ING

4 things banks can do in 2021 to protect customer relationships

The age-old business saying ‘customer is king’ may be more relevant than ever in 2021, given the circumstances banks have to operate in. Spurred by surging demand for digital services during the pandemic, banks are tasked with speeding up their transformation agendas to cater to new customer needs. With consumer behaviour impacted to an extent only...

15 February 2021 /retail

The European Cloud User Coalition and the pursuit of cloud consistency

Paige McNamee

The European Cloud User Coalition and the pursuit of cloud consistency

The European Cloud User Coalition has been established. What does this mean for banks? Announced in late January 2021, the European Cloud User Coalition (ECUC) was established to promote consistency and enforcement of security standards for cloud use across the EU. A smattering of European players including Allied Irish Bank, BAWAG Group, Belfius...

12 February 2021 /cloud

Agile Series: Decoupled, distributed domains

Andrew Smith Founding CTO at RTGS & ClearBank

Agile Series: Decoupled, distributed domains

This is my first article in a series of articles aimed at helping financial services executives understand software concepts, design principles and how these contribute (and even shape) agile principles. As a result, I hope these articles illustrate just how effective agile can be, helping shape and cultivate different cultural behaviours across a...

12 February 2021 /devops

Retired Member

Treasury management trends

Six prominent treasury trends that will help guide strategy and technology adoption for financial institutions in 2021 include: The only constant will be an increase in the rate of change As the oil that lubricates the economy, financial institutions will need to react quickly to the impact of the pandemic. Digitalization, cloud and platformificati...

11 February 2021 /predictions

6 Fintech & Insurtech Predictions from a Pan-European VC

Michele Foradori Investment Director at BlackFin Tech

6 Fintech & Insurtech Predictions from a Pan-European VC

It is a recurring appointment for us at BlackFin Tech to sit down, at the end of every year, to discuss and reflect on new trends shaping the future of financial services. Here is what our team sees storming in 2021: 1. New frontiers for payments A new innovation breeze will hit the payment industry. Two key themes will shape the discussion for the...

11 February 2021 /predictions

Prajit Nanu

A new frontier for fintech in 2021

What a challenging yet extraordinary year 2020 was. We started the year full of high hopes and expectations for the new decade, with the concepts of 'pandemic', 'lockdowns' and 'remote working' being far beyond our imagination. The global business impact following the pandemic has been significant to say the least. Businesses in the travel and hosp...

09 February 2021 /predictions

Mariana Gomez de la Villa Principal Commercial Product Manager at ING

DLT Predictions for 2021

While a lot of people might have discerning perceptions on the future of blockchain as a whole, there’s no doubt it keeps being a subject that is not indifferent to anyone. We still have the anarchists and the haters as we have the believers and supporters, so even tough the ecosystem has evolved and together with it, the technology; some things h...

08 February 2021 /predictions

Why small jurisdictions are forging ahead with crypto regulations

Paige McNamee

Why small jurisdictions are forging ahead with crypto regulations

The world has crypto on the brain. From this year’s early Bitcoin skyrocket, stablecoins approved for banking payments by the OCC, Christine Lagarde and Janet Yellen’s public wariness of the assets, to the FCA’s outright warnings, it seems the market can’t stop trying to make sense of digital currency’s place in today’s and tomorrow’s world. W...

05 February 2021 /crypto

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