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The Data Quality Issue: Not Just A Legacy System Problem

/ai

The Data Quality Issue: Not Just A Legacy System Problem

Joining the FinextraTV virtual studio, Andrew Colombi, Co-Founder & CTO, Tonic.ai discusses the current test data landscape and provides a number of fascinating insights on everything from quality data generation, synthetic test data usage and how both modern and legacy companies are struggling in different ways.

JPMorgan makes quantum computing randomness breakthrough

/wholesale

JPMorgan makes quantum computing randomness breakthrough

JPMorgan Chase researchers are claiming a quantum computing breakthrough, generating certified randomness.

/ai

Bank analysts have better job satisfaction because of AI - survey

Alteryx, Inc., an AI platform for enterprise analytics, today reveals that over nine in ten (95%) of data analysts in banks have seen an uplift in their role’s strategic impact in the past year as investments in AI and analytics automation reshaped the industry.

US consumer fraud losses top $12.5bn in 2024

/crime

US consumer fraud losses top $12.5bn in 2024

Americans reported losing more than $12.5 billion to fraud in 2024, a 25% increase over the previous year, according to Federal Trade Commission data.

87% encountered AI-driven cyberattacks in 2024 - SoSafe

/ai

87% encountered AI-driven cyberattacks in 2024 - SoSafe

SoSafe’s report explores the global tension between AI adoption and the associated security risks, highlighting the views of 500 global security professionals and 100 SoSafe customers across 10 countries.

FS-ISAC offers payment card industry guidance on quantum computing risks

/security

FS-ISAC offers payment card industry guidance on quantum computing risks

With work on quantum computing gaining momentum, the Financial Services Information Sharing and Analysis Center (FS-ISAC) has issued guidance to help the payment card industry mitigate risks posed by the technology.

/inclusion

US Faster Payments Council report on digital assets and financial inclusion

The US Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the publication of a new industry report, Digital Assets and Digital Ledger Technology: A Pathway to Financial Inclusiveness.

Using modern technology platforms to create an AI-driven bank

/Research/analysis

Using modern technology platforms to create an AI-driven bank

425 downloads

Lloyds Banking Group patents AI-powered cybersecurity tech

/security

Lloyds Banking Group patents AI-powered cybersecurity tech

Lloyds Banking Group has secured a patent for the Global Collaborations Engine (GCE), that uses intelligent algorithms to identify cyberthreats instead of false positives.

UK fintech investment hits four-year low

/markets

UK fintech investment hits four-year low

A combination of geopolitical uncertainty, high inflation and low interest rates has seen investment in the UK's fintech industry slump to its lowest level since 2020.

Confirmation of Payee progress and APP fraud mitigation: Where are we now?

/Research/analysis

Confirmation of Payee progress and APP fraud mitigation: Where are we now?

610 downloads

Asia to dominate global fintech market – report

/payments

Asia to dominate global fintech market – report

Asia could account for almost half of global fintech transactions by the end of the year as it continues to outpace other regions, according to recently published research.

Risk-based authentication: Enhancing security and user experience in fraud prevention

/Research/analysis

Risk-based authentication: Enhancing security and user experience in fraud prevention

274 downloads

Third of central banks delay CBDC timelines

/crypto

Third of central banks delay CBDC timelines

With Donald Trump banning work on a digital dollar, a central bank survey suggests that while 75% still plan to issue a CDC, nearly a third have pushed back their issuance timeline.

AI strategies for scalable, secure and compliant banking

/Research/analysis

AI strategies for scalable, secure and compliant banking

335 downloads

UK neobanks take market share from incumbents

/retail

UK neobanks take market share from incumbents

Digital challengers are chipping away at the dominance of high street giants in the UK, with nine per cent of Brits now holding their main debit card with a neobank.

Mambu: Predictions report provides expert insights for success in 2025

/predictions

Mambu: Predictions report provides expert insights for success in 2025

With a new year comes new insights and in this FinextraTV interview, Anthony Nonnis, Global Head of Partnerships at Mambu, shares some of the key trends in financial services from Mambu’s 2025 Partner Predictions Report. Diving into some familiar topics such as Embedded Finance, AI and regulatory changes, Nonnis explains how financial institutions can build a modular, scalable approach to prepare for these changes.

Fico to add BNPL data to credit scores

/payments

Fico to add BNPL data to credit scores

Following a year-long study with Affirm, Fico is planning to add buy now, pay later data to its credit scores.

UK fintech jobs market booms

/retail

UK fintech jobs market booms

The UK fintech sector experienced a 44% surge in job vacancies in 2024, driven by venture capital investment and AI, according to a report for recruiter Morgan McKinley.

/inclusion

UK employees lose £690 million annually in unclaimed and unpaid expenses

New independent research from embedded finance specialist Weavr, conducted via Censuswide, found that employees lose an estimated £690 million annually in unclaimed and unpaid expenses in the UK alone. Surveying over 500 office workers in the UK, Weavr learned that 81% of respondents had been left out of pocket by their employer for longer than a month, leading to financial and mental health concerns.

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