Latest Predictions News: Finextra Research

Deutsche Börse tests quantum computing for risk models

Deutsche Börse has piloted the use of quantum algorithms to compute risk models, finding that the technology can bring down the time required for simulations from years to hours.

11 March 2021

News/predictions

2020 Fintech funding down on 2019 but on the way back up

Global investment in fintech fell significantly in 2020 as the Covid-19 pandemic hit but picked up significantly in the second half of the year, according to KPMG, which expects a strong 2021 for the sector.

26 February 2021

News/payments

BNPL expected to double market share in UK e-commerce within the next four years

Buy now, pay later schemes are expected to account for 10 percent of all UK e-commerce sales by 2024, according to data compiled by Worldpay.

24 February 2021

News/predictions

Exchange that lets investors trade on event outcomes raises $30m

Kalshi, a Silicon Valley-based online exchange that lets users trade on the outcome of real-world events, has raised $30 million in a Series A funding round led by Sequoia Capital.

19 February 2021

News/crypto

Tesla bet sparks bitcoin surge

Bitcoin hit a record high on Monday after Elon Musk's electric car maker Tesla revealed that it has bought about $1.5 billion of the cryptocurrency and will soon let buyers purchase vehicles using it.

08 February 2021

News/payments

Nordic change is in the air for 2021

As part of Finextra’s Predictions Series for 2021, Hannah Wallace spoke to Erik Zingmark, Nordea’s head of transaction banking to unpack some of the leading trends he expects to see throughout 2021.

05 February 2021

News/predictions

Worldline and Nexi emerge as chief beneficiaries of EU payment consolidation

The recent wave of consolidation among payment processors in Europe provides a powerful motivation for banks to review their acquiring business, according to a deep-dive analysis of the EU payments sector by Jefferies.

19 January 2021

News/predictions

Dimon 'scared shitless' by fintechs; calls out Plaid

JPMorgan Chase CEO Jamie Dimon says incumbent banks should be "scared shitless" by fintech rivals, adding that some - including Plaid - are competing unfairly.

18 January 2021

News/regulation

Regulatory innovation advances in the face of Covid-19

While Covid-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritise and actively deploy fintech initiatives by regulators.

08 January 2021

News/payments

Buy now, regret later? Brits face £2.3bn bill for Christmas shopping

A quarter of Brits used buy now, pay later services to fund Christmas shopping, setting up a £2.3 billion bill, according to Credit Karma.

08 January 2021

News/cloud

Future-proofing payments technology with cloud migration

Consumer expectations, behaviour and payment preferences are and will continue to evolve at an accelerated rate.

07 January 2021

News/crime

Last year’s challenges in financial crime will gather pace in 2021

As Covid-19's shadow continues to stalk economies as we move into 2021, the stakes are high for merchants and institutions alike to adapt to the challenges it presents, according to new report on financial crime mitigation.

07 January 2021

News/retail

Finextra's year in review

With 2020 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

23 December 2020

News/regulation

Covid-19 changes compliance priorities

The Covid-19 pandemic has proved a challenge for financial industry compliance staffers who have had to adjust monitoring and alert coverage to adapt to the remote work transition during extreme market volatility, according to a Nasdaq survey.

17 December 2020

News/payments

Swift Community Update: Payments transformation in the UK

Financial institutions in the UK have faced a variety of challenges this year, including the complexities of the geopolitical environment and new and challenging macro factors caused by Covid-19 that will extend into the coming years.

14 December 2020

News/sustainable

Establishing and defining climate fintech as an industry in its own right

A lot has changed since the fintech boom of the 2010s and the subsequent genesis of innovation, new business models, new user experiences and the formation of new companies. Richard Peers, founder of Responsible Risk and contributing editor at Finextra Research speaks to Aaron McCreary, climate fintech lead at New Energy Nexus about how a similar wave will sweep through the sustainable finance space in 2021.

11 December 2020

News/cloud

Shifting to mission-critical: What are the key drivers of cloud adoption?

Cloud adoption for financial services firms has been on the rise over the past few years - a trend that has been further bolstered by the wave of digitisation brought on by the global pandemic.

11 December 2020

News/regulation

Bank of England warns of Brexit payment disruption

The Bank of England has warned that there could be some disruption to the processing of payments for consumers and businesses at the end of the Brexit transition period.

11 December 2020

News/retail

UK govt programme looks to connect global banks with British fintechs

The UK government has launched a global partnerships programme designed to help international financial institutions access British fintech.

10 December 2020

News/sustainable

Sustainable Finance Live: Building actionable ESGtech strategies with a partnership ecosystem

Finextra Research and Responsible Risk hosted Sustainable Finance Live this week, the third workshop in a series of events encouraging collaboration in the ESGtech space.

09 December 2020