Latest long reads: Finextra Research

Wealth management will see an AI revolution in 2022, delivering hyper-personalisation at scale

Alessandro Tonchia Head of Strategy, Private Banking and Wealth at InvestCloud

Wealth management will see an AI revolution in 2022, delivering hyper-personalisation at scale

The wealth management industry – often thought of as one of the more traditional fields of financial services – is now no stranger to artificial intelligence (AI) and machine learning. Indeed, most firms use it in some capacity today. But to date, its deployment has largely been confined to the automation of repetitive processes to deliver greater...

09 February 2022 /predictions

5 factors driving payments change in Europe in the year ahead

Retired Member

5 factors driving payments change in Europe in the year ahead

Covid taught us to get digital, quick, and the payments industry has responded fast. Now, as we look ahead, it’s a good time to take stock and think about some of the wider political discussions that are likely to dominate in 2022, as well as some of the new regulations being shaped that will impact the European payments industry going forward. Ce...

09 February 2022 /predictions

Mobile financial super apps – what’s your strategy and how are you applying security?

Retired Member

Mobile financial super apps – what’s your strategy and how are you applying security?

Prior to the onset of Covid-19, mobile apps were already the touchpoint of choice for millions of banking customers worldwide. The pandemic has only amplified this trend toward digital banking on the mobile device. To meet consumer demands and stay competitive, financial institutions, neobanks, and fintech companies are increasingly offering more ...

08 February 2022 /retail

Digital assistants: Alleviating burdens permeating wealth management

David Wilson Senior Business Development Manager at Objectway

Digital assistants: Alleviating burdens permeating wealth management

By 2030, according to multiple management consulting firms, advisers will gradually shed their role as investment managers and become more like wealth coaches who advise clients on their financial wellness needs more broadly. In order to profitably serve customers, wealth firms will need to be radically leaner than they are today and set a rising ...

07 February 2022 /wealth

Is ‘big cloud’ too big to fail? What cloud concentration risk means for the future of banking

Níamh Curran

Is ‘big cloud’ too big to fail? What cloud concentration risk means for the future of banking

In the financial services industry, banks can no longer operate in the digital world without cloud technology. Adoption of the cloud has many organisations shifting focus from on-premise solutions to cloud models due to its flexibility, reliability and security. The cloud also removes the burden of maintaining and updating systems, allowing banks ...

04 February 2022 /cloud

Key legal considerations in use of portfolio company data

Retired Member

Key legal considerations in use of portfolio company data

This article was co-authored by Elizabeth Raymond (partner) and Matthew Marvin (associate) at Mayer Brown LLP. This is the final article in a three-part series from Mayer Brown on digital transformation and its impacts on financial institutions. With the rapidly increasing cost-effectiveness of machine learning and other data analytic tools, priva...

03 February 2022 /regulation

The Future of ESGTech: Goal 13 - Climate action

Hamish Monk Senior Reporter at Finextra

The Future of ESGTech: Goal 13 - Climate action

Take urgent action to combat climate change and its impacts. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries. According to the Norwegian Refugee Council’s Internal Displacement Monitoring Centre (I...

03 February 2022 /sustainable

Lessons from A Space Odyssey: How to combat computer bugs

Hamish Monk Senior Reporter at Finextra

Lessons from A Space Odyssey: How to combat computer bugs

Perhaps the most famous instance of a software bug in pop culture is Arthur C. Clarke’s HAL 9000, and its attempt to thwart Discovery One’s mission, in 2001: A Space Odyssey. Eventually, it is uncovered that the malevolent onboard computer malfunctioned because it was programmed against two opposing objectives: to divulge all its information, and ...

02 February 2022 /devops

Implications of Central Bank Digital Currencies on Cash Management

Retired Member

Implications of Central Bank Digital Currencies on Cash Management

Just when we all thought that cash management could not get any more complex central banks have begun introducing a new type of money – Central Bank Digital Currencies (CBDCs). This is an extract from The Future of Digital Banking in Asia 2022 report. CBDCs are a form of electronic money issued by a central banks like the Monetary Authority of Sin...

01 February 2022 /crypto

The Future of ESGTech: Goal 12 - Responsible consumption and production

Níamh Curran

The Future of ESGTech: Goal 12 - Responsible consumption and production

Ensure sustainable consumption and production patterns. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus target 12.6: Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle. The focus of this Goal is the “mat...

31 January 2022 /sustainable

The Future of ESGTech: Goal 11 - Sustainable cities and communities

Níamh Curran

The Future of ESGTech: Goal 11 - Sustainable cities and communities

Make cities and human settlements inclusive, safe, resilient and sustainable. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus target 11.5: By 2030, significantly reduce the number of deaths and the number of people affected and substantially decrease the direct economic losses relative to global gross domestic product c...

28 January 2022 /sustainable

The Future of ESGTech: Goal 10 - Reducing inequality

Hamish Monk Senior Reporter at Finextra

The Future of ESGTech: Goal 10 - Reducing inequality

Reduce inequality within and among countries. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus target 10.5: Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations. As with many SDGs, the UN notes that the pandemic is likely to reverse some ...

27 January 2022 /sustainable

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