Latest long reads: Finextra Research

2021 Predictions: Realising the Value of Payments Transformation

Simon Wilson MD, Transaction Automation at valanticFSA

2021 Predictions: Realising the Value of Payments Transformation

It has been said that prediction is very difficult, especially if it’s about the future. The unprecedented events of 2020 demonstrated quite how difficult it can be. The monumental uplifts in digital volumes, shifts in customer requirements and broader economic impact would have been (and frankly still are) barely conceivable. As such, financial ...

05 February 2021 /predictions

8 Ways Intelligent Automation Will Transform Financial Firms in 2021

Liz Benson Senior Director, Strategy at Kofax

8 Ways Intelligent Automation Will Transform Financial Firms in 2021

Disruption was the key theme for 2020 across all sectors. But even before COVID-19, financial firms were focused on improving the customer experience, competing with new digital-only entrants, and closing the gap between front and back offices. The pandemic only accelerated their digital transformation plans by forcing them to rethink how, and whe...

04 February 2021 /predictions

What Amazon CEO Jeff Bezos stepping down means for fintech

Madhvi Sonia Head of Content at Finextra

What Amazon CEO Jeff Bezos stepping down means for fintech

Jeff Bezos will step down as founder and CEO of Amazon and transition to chairman in 2021, allowing seasoned cloud executive Andy Jassy to take the reins of the $1.6 trillion giant. As detailed in an email to his employees, Bezos will focus his “energies and attention on new products and early initiatives,” suggesting that the world’s richest man ...

03 February 2021 /people

The 3 Key Risk, Compliance, and Governance Challenges for Finance to Tackle in 2021

Ian Raine VP Product Management at iManage

The 3 Key Risk, Compliance, and Governance Challenges for Finance to Tackle in 2021

Financial services professionals across asset management, investment and commercial banking, insurance, and other subsectors create and manage mission critical information that guides their most important business decisions. COVID-19 and the shift to remote working that followed in its wake didn’t change that; it just added some new challenges. As...

03 February 2021 /predictions

Platformification in banking: what lies ahead?

Retired Member

Platformification in banking: what lies ahead?

Changing customer needs really tested the digital capabilities of financial institutions in 2020, spurring a huge acceleration in the pace of digital transformation across the industry. Around the world, branch closures show the dramatic shift that’s been taking place as customers move away from branch-based banking to online and mobile banking. A...

02 February 2021 /devops

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

Retired Member

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

Davos 2021: Key leader takeaways and what they mean for fintech and the environment

Paige McNamee

Davos 2021: Key leader takeaways and what they mean for fintech and the environment

Finextra attended a very different, digital Davos this year which centred on ‘The Great Reset’. Covering global insights into the impact that fintech has on wider issues such as responding to Covid-19, restoring economic growth, and advancing a new social contract, for its 50th year the event also focused on wider themes such as bolstering global ...

29 January 2021 /sustainable

How Will Authentication Evolve in the Age of SCA?

Retired Member

How Will Authentication Evolve in the Age of SCA?

Within months, we will have a clearer idea of the impact of Strong Customer Authentication (SCA), the regulatory requirement that has seen European merchants gather multi-factor authentication from customers for most online transactions. This EU directive requires that the customer provides two of three identifying factors—something they know, some...

29 January 2021 /payments

Starling is profitable. What’s next for other UK challenger banks?

Jamie Crawley

Starling is profitable. What’s next for other UK challenger banks?

Profitability is no longer a distant dream for challenger banks after Starling Bank tipped into the black late last year. How will this affect the mindset of the digital banking landscape and what do other players need to do to compete and survive? At Money 2020 in October last year, Sergei Galperin, JP Morgan’s European head of fintech investment...

28 January 2021 /retail

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

Will Yellen’s Treasury 'invest' in the future of digital currency?

Paige McNamee

Will Yellen’s Treasury 'invest' in the future of digital currency?

Having officially been appointed Treasury Secretary, the digital currency world has its gaze fixed on Janet Yellen to determine precisely what her strategy around cryptocurrency, stablecoins, and digital banking will be. During her confirmation hearing on 22 January, Yellen raised concerns around the use of cryptocurrencies, stating “cryptocurrenci...

27 January 2021 /crypto

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

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