Latest Capgemini News: Finextra Research

Banks fear Big Tech competition in booming non-cash payments market

As global non-cash transactions boom and competition from fintech startups and Big Tech flourishes, banks remain reluctant to embrace Open Banking via data sharing, ecosystem partnerships and open platforms, according to a report from Capgemini.

17 September 2019

/cloud

How to drive business value with APIs in the cloud

The cloud simplifies and accelerates delivery of open banking standards, providing opportunities to improve awareness, transparency, and scale. Industry players would benefit by forging ahead with more effective and structured collaboration, facilitated by application programming interface (API) standardisation and shared customer data insights.

16 August 2019

/devops

FS industry ready to shift from Open Banking to 'Open X' - Capgemini

The financial services industry is already looking beyond Open Banking to the next phase of innovation, 'Open X', which will require deeper collaboration and specialisation, claims the latest World Fintech report from Capgemini.

06 June 2019

/retail

Bank customers increasingly open to big tech alternatives

With barely half of them satisfied with their experience, nearly a third of bank customers around the world say that they might consider jumping ship to big tech providers such as Amazon and Facebook.

21 September 2018

/ai

Banks stand to reap $512 billion revenue boost from 'intelligent automation'

With banks the world over exploring the business case for AI and robotic automation, a new report estimates that hundreds of billions of dollars in additional revenue may be up for grabs as the focus moves away from costs savings to income generation.

12 July 2018

/retail

Fintech revolution fizzles as startups seek engagement with banks

Fintech firms are toning down the fighting talk that marked the beginning of the movement as the realisation dawns that they will be hard-pushed to succeed without the support of incumbent banks. That's the conclusion of Capgemini's World Fintech report which charts the 'fizzling out' of the much-hyped fintech revolution.

27 February 2018

/retail

Consumer trust in banking security misplaced - Capgemini

Research from Capgemini highlights a striking dichotomy between the views of consumers and banking insiders about levels of security in financial services.

03 February 2017

/regulation

Amazon signs up tech firms to financial services cloud programme

Amazon Web Services (AWS) has named a host of tech firms - including Accenture, Nice Systems and Moven - as launch partners for its new financial services competency programme, which is designed to connect cloud customers with trusted tech experts.

30 November 2016

/retail

Fintech firms making inroads with consumers

More than half of all banking customers have turned to fintech startups to cater for their financial needs, according to a global survey by Capgemini. But despite the considerable momentum enjoyed by niche providers, overall trust remains a key barrier to more widespread adoption.

02 November 2016

/retail

Blockchain-based smart contracts to save FS customers billions - Capgemini

Blockchain-based smart contracts will transform the financial services industry, saving punters billions of dollars in fees for things such as mortgage applications and auto insurance, claims a Capgemini report.

11 October 2016

/Sibos

China overtakes UK in digital payment volume stakes

China has overtaken the UK in digital payment volumes, helping to spur global growth to more than 10%, according to research from Capgemini and BNP Paribas.

22 September 2016

/wealth

Wealth managers must up digital game to fend off fintech threat

With up to half of their net income at risk due to poor digital capabilities, wealth management firms will need to explore partnerships with fintech upstarts to ensure their long-term success, according to a report from Capgemini.

24 June 2016

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