Latest long reads: Finextra Research

How banks can transition to become platform players in the corporate lending market

Madhvi Sonia Head of Content at Finextra

How banks can transition to become platform players in the corporate lending market

The future of financial services is open. Today’s market trends have led to the emergence of yet another fintech buzzword: managed services. Managed services can be defined as when a technology service provider hosts and manages applications, removing the burden from the bank, opening up flexibility around software and prioritising digital transfo...

06 December 2021 /cloud

Digital payments will continue to thrive in 2022, but who will win the competition?

Retired Member

Digital payments will continue to thrive in 2022, but who will win the competition?

This year sees a rise in the use of digital payments following the pandemic as well as the growing utilisation of digital wallets by millennials and generation Z. Given the key role digitisation plays in people’s lives, accelerated by the Covid-19 pandemic, it is undeniable that payments will continue to become increasingly cashless and digital pa...

03 December 2021 /predictions

The fintech sentiment: Revealing the impact of the Amazon Visa payments news

Níamh Curran

The fintech sentiment: Revealing the impact of the Amazon Visa payments news

Last week, Amazon announced its intention to stop accepting Visa credit card payments in the UK, citing high cost as the core reason. Visa debit cards are exempt from the move. As it stands, this will become effective from the 19th January, although there is some speculation that Visa may yield given the size of Amazon. Prior to Brexit, UK merchan...

02 December 2021 /payments

The future of wealth management: Benefits of innovation and digitisation

Hamish Monk Senior Reporter at Finextra

The future of wealth management: Benefits of innovation and digitisation

This is an excerpt from Finextra's Research report 'The Future of Wealth Management 2022,' and is available for download via Finextra Research. Traditional and established wealth management operating models are increasingly under existential threat. Today’s investors do not want quarterly paper statements. They want instant access to their portfol...

01 December 2021 /wealth

Banking as a Service requires an ‘outside-in’ approach

Retired Member

Banking as a Service requires an ‘outside-in’ approach

A mindset shift is permeating the banking sector. Historically, banks were closed shops, focused on selling an ever-wider range of their own products and services in order to increase revenue and growth. No more. Finastra’s Financial Services State of the Nation Survey 2021 found that 94% of financial institutions agree that Open Banking is a must...

30 November 2021 /predictions

Fixing finance from the ground up: The fight for afforestation

Hamish Monk Senior Reporter at Finextra

Fixing finance from the ground up: The fight for afforestation

Deforestation in the Amazon rainforest just hit its highest level in over 15 years, despite Brazil – along with 100 other world leaders – promising to end deforestation by 2030, at Glasgow’s Climate Summit, COP26. According to official data from Brazil's space research agency, Inpe, 13,235 sq km has been lost during the 2020-21 period. This rate o...

29 November 2021 /sustainable

The future of wealth management: Hybrid advice, hyper-personalisation, and holistic services

Níamh Curran

The future of wealth management: Hybrid advice, hyper-personalisation, and holistic services

This is an excerpt from Finextra's Research report 'The Future of Wealth Management 2022,' and is available for download via Finextra Research. Hyper-personalisation has always been an important aspect of wealth management. Clients would meet with their wealth managers over coffee or dinner to discuss a personalised print-out of their investments....

24 November 2021 /wealth

PREDICT 2022: Cloud, migration, AI, innovation, and more

Madhvi Sonia Head of Content at Finextra

PREDICT 2022: Cloud, migration, AI, innovation, and more

Ahead of 2022, we will be creating a channel on Finextra that collates content on the future of fintech and industry predictions. Here, we will gather long form articles, clustered together, and presented on one page. We will also share these insights on our social channels and with our community via email. I welcome our community to send over the...

23 November 2021 /predictions

Utilising Banking-as-a-Service for personalised propositions

Madhvi Sonia Head of Content at Finextra

Utilising Banking-as-a-Service for personalised propositions

With the shift away from one-size-fits-all, product-centric models to transparent customer-centric alternatives, the necessity of accommodating unmet needs will become central to competitiveness. Research by Deloitte found that customer centric companies were 60% more profitable compared to companies that were not focused on the customer. Further,...

19 November 2021 /cloud

A "wall of capital" — and a watershed moment for the transition to net zero

Simon Kent Global Head of Financial Services at Kearney

A "wall of capital" — and a watershed moment for the transition to net zero

COP26 was not short on big announcements—and the Finance Day, Wednesday 3rd November, was one of the biggest. Holding aloft a green budget box, UK Chancellor Rishi Sunak stated that the 450 banks, insurers, pension funds, and assets managers that make up the Glasgow Financial Alliance of Net Zero (GFANZ) have pledged to put the fight against clima...

18 November 2021 /sustainable

The future of wealth management: The disruptive forces shaping the industry

Paige McNamee

The future of wealth management: The disruptive forces shaping the industry

This is an excerpt from Finextra's Research report 'The Future of Wealth Management 2022,' and is available for download via Finextra Research. Over the past 20 years, one of the single biggest disrupters faced by the wealth management industry has been Covid-19, according to Christopher Low, managing director, head of wealth and asset management ...

17 November 2021 /wealth

Busting sustainable finance myths: Why Tariq Fancy is only half right on ESG, part 2

Hamish Monk Senior Reporter at Finextra

Busting sustainable finance myths: Why Tariq Fancy is only half right on ESG, part 2

Blackrock’s former sustainable investing chief, Tariq Fancy, has made nine key claims against the environmental, social and governance (ESG) movement. While the ensuing discussion has shone a light into some of the asset management industry’s darkest corners, there are some myopic myths that need to be busted. Finextra, alongside founder of Respon...

16 November 2021 /sustainable

Long reads