Latest long reads: Finextra Research

How to use AI to provide personalised services

Hamish Monk Reporter at Finextra

How to use AI to provide personalised services

Today’s discourse on the nature, consequences and regulation of artificial intelligence (AI) can often obfuscate the technology’s immediate, on-the-ground applications. In this article, Finextra considers 5 distinct ways in which AI may be used by financial institutions to better serve their customers. Five use cases The proverbial secret sauce in...

09 July 2024 /ai

Trade finance: Progressive business models to beat the slowdown

John Barber Vice President and Head at Infosys Finacle

Trade finance: Progressive business models to beat the slowdown

This piece was co-authored by Manish Patni, lead product manager at Infosys Finacle. The global trade engine has been sputtering. Last year, the World Trade Organisation (WTO) downgraded its growth forecast for world merchandise trade to a meagre 0.8%, down from a prior estimate of 1.7%. This dramatic slowdown can be attributed to a confluence of...

08 July 2024 /devops

UK election 2024: What the manifestos mean for sustainability

Sehrish Alikhan Reporter at Finextra

UK election 2024: What the manifestos mean for sustainability

The UK general election will take place on July 4, with each party championing different priorities when it comes to the future of the country. Along with the many needs of a nation, one glaring main concern of each platform should be their sustainable development goals and climate focus for the future. Dominic Rowles, lead ESG analyst at Hargreav...

04 July 2024 /sustainable

UK election 2024: What it means for fintech regulation

Chris Holmes Peer at House of Lords

UK election 2024: What it means for fintech regulation

We are days away from a general election and when the new government introduce their legislative agenda on 17th July, I hope it will include a new Smart Data Bill, Digital Assets Bill, National Payments Vision and, in case the government doesn’t introduce one, I will be bringing back my private members bill on regulating AI. Future of finance Num...

03 July 2024 /regulation

UK election 2024: What each party’s manifesto outlines for fintech

Níamh Curran Senior Reporter at Finextra

UK election 2024: What each party’s manifesto outlines for fintech

The countdown to the UK General Election is nearly up, with polling taking place this Thursday 4th July. With this in mind we decided to take another look at how each of the major parties’ manifestos addressed some of the key issues in fintech. Innovation Conservatives and Lib Dems have pledged to increase public spending on R&D. Tories said t...

02 July 2024 /regulation

Hamish Monk Reporter at Finextra

How to prevent a cyber-attack

In June, Russian ransomware-as-a-service gang, Qilin, stole data covering 300 million NHS patient interactions – and demanded an alleged £40 million for its return. The leak meant that two of the health service’s biggest trusts, King’s College hospital and Guy’s & St Thomas’, “had to cancel 1,134 planned operations, including cancer and trans...

02 July 2024 /crime

UK and US elections 2024: How inflation and perceptions are influencing votes

Scott Hamilton Contributing Editor at Finextra Research

UK and US elections 2024: How inflation and perceptions are influencing votes

In the UK, it’s contributed to “consumers addicted to ‘financial doomscrolling’ fuelled by economic angst”, according to a recent survey by FIS. In the US, it’s marked by an electorate feeling ‘shakier’ about the economy and licking their wounds from previously soaring post-pandemic prices across nearly every buying category. What are we talking...

01 July 2024 /markets

How FSI companies can leverage AI to enhance cybersecurity

Retired Member

How FSI companies can leverage AI to enhance cybersecurity

With generative AI, UK financial services companies have an opportunity to unlock new possibilities through innovation, which can help them boost their resilience amid increasing cybersecurity threats. This will help them to better serve customers, increase growth and contribute to the country becoming an AI global leader. The financial services i...

28 June 2024 /security

Will generative AI make banking jobs more efficient or replace them?

Níamh Curran Senior Reporter at Finextra

Will generative AI make banking jobs more efficient or replace them?

Generative AI is now becoming a reality within banking. McKinsey found more than 50% of banks in US and Europe are adopting “more centralised” generative AI in their organisation. The debate, or rather big neon pink elephant in the room, is whether generative AI advances will improve efficiency or replace jobs. This is emphasised by a recent stu...

27 June 2024 /ai

London’s abuzz with Climate Action Week 2024

Sehrish Alikhan Reporter at Finextra

London’s abuzz with Climate Action Week 2024

June 22-29 celebrates London Climate Action Week (LCAW), a week of events, conferences, seminars, and discussions about the future of the City of London in its approach to climate change mitigation. The events taking place all over the city this week range from panel sessions and webinars to carbon literacy workshops and park tours. Making moves B...

27 June 2024 /sustainable

Varun Yadav Director of Product, Cash Management Solutions at BNY

How treasury can optimise cashflow

As macroeconomic uncertainty continues, corporate treasurers are seeking out smarter ways to manage their liquidity, improve their working capital and increase operational efficiencies. This article explains how the introduction of virtual account solutions can support these aims. Digitalisation continues to impact all aspects of our personal live...

25 June 2024 /wealth

Hamish Monk Reporter at Finextra

How to spot APP fraud

According to Nick Green, director, Purple Patch Broking, “APP fraud is now the number one payments threat and is expected to reach $5.25 billion by 2026.” Last year alone, UK bank fraud losses topped £1 billion. Authorised push payments (APP) fraud is the increasingly sophisticated financial crime that tricks victims into sending funds directly...

25 June 2024 /crime

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