Latest long reads: Finextra Research

Why variable recurring payments is the next step in growing European open banking

Níamh Curran Senior Reporter at Finextra

Why variable recurring payments is the next step in growing European open banking

Open banking in Europe is maturing. PSD2 legislation has driven this development across Europe, with the Financial Data Access (FiDA) and PSD3 now on the horizon, this may be the year we start to see the full potential of open banking and even open finance. This is an excerpt from the Future of Digital Banking in Europe 2024 report. There promis...

06 June 2024 /payments

ERP migrations and the pitfalls of decayed bank master data

Sehrish Alikhan Reporter at Finextra

ERP migrations and the pitfalls of decayed bank master data

In a data-rich world, financial institutions are already struggling with fractured bank master data. Add on top of that data decay and the drive towards migration as many ERP (enterprise resource planning) providers move towards the end-of-life dates for their traditional ERP systems, migration is becoming a herculean task. In the face of a loomin...

06 June 2024 /cloud

How embedded finance is driving the banking-as-a-service revolution

Jean-Jacques Le Bon Chief Strategy & Product Officer at Vodeno

How embedded finance is driving the banking-as-a-service revolution

The world of payments is undergoing a radical transformation and Banking-as-a-Service (BaaS) is playing a starring role. This article is an excerpt from the Future of Digital Banking in Europe report. BaaS is the delivery mechanism that underpins embedded finance, allowing the provision of banking solutions directly into the websites and apps of b...

05 June 2024 /payments

Sehrish Alikhan Reporter at Finextra

The telecom-fintech overlap

With the common factor of being two sectors consistently on the forefront of innovation, the telecommunications and fintech industries have intersected in exciting new ways that redefine each industry and pushes towards new business models. There is significant overlap between the sectors, with both telecoms and fintech being heavily regulated indu...

05 June 2024 /payments

Hyper-personalisation - Are super-apps over?

Hamish Monk Reporter at Finextra

Hyper-personalisation - Are super-apps over?

Hyper-personalisation has become something of a buzzword in discussions of the Future of Digital Banking in Europe. On the ground there are many holes that need to be plugged – both in terms of the technology and scalability – before it can become prevalent. A Deloitte report, ‘The Future of Retail Banking: The Hyper-Personalisation Imperative’, ...

04 June 2024 /retail

Is it a bird? Is it a plane? No, it’s super-app: How to use hyper-personalisation in your business

Hamish Monk Reporter at Finextra

Is it a bird? Is it a plane? No, it’s super-app: How to use hyper-personalisation in your business

The super-app is the final boss of hyper-personalisation; the assembled endgame of the personal finance app (PFA). Look up – it’s swooping down to save the day; dropping a gamut of services in the palm of end-users’ hands. Alas, the term ‘super-app’ has become something of a nebulous catchphrase in the land of financial services. To help demystify ...

04 June 2024 /retail

Why credit and debit cards are more than just a payment instrument

Madhvi Mavadiya Head of Content at Finextra

Why credit and debit cards are more than just a payment instrument

Ahead of Money20/20 Europe in Amsterdam, Finextra caught up with Amanda Gourbault, chief revenue officer, CompoSecure, to discuss the future of cards and how they can be used 'beyond just payments,' for example, to enable digital security amid continued credit card fraud and account takeover (ATO) fraud. Cards being used 'beyond' payments As Gourb...

03 June 2024 /payments

Low productivity? These are the most common blockers at work

Amanda Kavanagh Contributor at Jobbio

Low productivity? These are the most common blockers at work

Productivity culture has taken a bashing in recent years, and rightfully so. As many productivity-obsessed people discovered the human toll of getting things done at all costs, productivity has become something of a dirty word. Whether you are working or job hunting (or both), you will likely have daily, weekly, and monthly to-do lists to get throu...

31 May 2024 /people

US Elections 2024: Will a crypto-savvy President be preferred after the FIT21 bill?

Madhvi Mavadiya Head of Content at Finextra

US Elections 2024: Will a crypto-savvy President be preferred after the FIT21 bill?

May 2024 saw the US House of Representatives pass FIT21 – the Financial Innovation and Technology for the 21st Century Act – in what has been dubbed a watershed moment for the nation’s digital asset ecosystem. Moreover, a recent Harris poll of 1,700 people sponsored by bitcoin ETF issuer Grayscale revealed that a staggering 77% believe that a US p...

30 May 2024 /crypto

Sehrish Alikhan Reporter at Finextra

What is pay by bank?

2024 might be the year that pay by bank hits the mainstream. Pay by bank is a direct account-to-account payment methods that many fintechs have been increasingly been drawn to as open banking has become more established in Europe. Pay by bank may be on track to replace card payments, as it is an alternate payment method that requires no log-in or a...

29 May 2024 /payments

Digital Pension Dashboards and why we need them

Níamh Curran Senior Reporter at Finextra

Digital Pension Dashboards and why we need them

The National Audit Office (NAO), recently released a report attributing the delays in the Pensions Dashboard Programme (PDP) to lack of digital skills and incapacity. This is a serious drawback to the progress in digital pensions. However, it does answer some of the questions those reliant on the programme have been asking for the past year. It le...

29 May 2024 /regulation

What is Mistral AI and why will Le Chat and Mistral Large rival ChatGPT-4?

Madhvi Mavadiya Head of Content at Finextra

What is Mistral AI and why will Le Chat and Mistral Large rival ChatGPT-4?

Arthur Mensch, former DeepMind researcher and CEO of Mistral AI, will take to the Exchange Stage at Money20/20 Europe in June to discuss the French company’s recent €490 million ($533 million) in funding, as well as the release of their two open models - Mistral 7B and Mistral 8x7B - and their multi-year partnership with Microsoft to offer Mistral...

28 May 2024 /ai

Long reads