Latest long reads: Finextra Research

Generative AI will revolutionise the proptech sector

Ram Gopal Professor at University of Warwick

Generative AI will revolutionise the proptech sector

At the height of the coronavirus pandemic, tens of thousands of Britons found themselves racing against the clock to complete their home purchases, as a deadline loomed for the expiration of a property tax relief measure. Offering savings of up to £15,000, the relief had spurred a surge in transactions that overwhelmed estate agents, surveyors, an...

21 June 2024 /regulation

Hamish Monk Reporter at Finextra

How to verify a digital identity

In May 2024, the European Union’s Digital Identity Regulation came into force – requiring member states to offer at least one EU Digital Identity Wallet to citizens, by 2026. Given digital identity is a relatively new theme in Europe, the uninitiated’s perception of it will be prejudiced by the representation in films – whether it be Ethan Hunt a...

18 June 2024 /identity

UK and US elections 2024: The impact on finance and fintech

Scott Hamilton Contributing Editor at Finextra Research

UK and US elections 2024: The impact on finance and fintech

As we head into national general elections in the US and Europe over the coming months, many financial institutions and fintechs are wondering just what it would mean to their operational and profit models if one of the incumbent national leaders wins, or if a current lead candidate or likely candidate (in the case of the prime minister in the UK,...

18 June 2024 /markets

These are the work skills Brits need to succeed

Amanda Kavanagh Contributor at Jobbio

These are the work skills Brits need to succeed

As all industries become increasingly digitised, the need for a digitally-skilled workforce, at all levels, has never been greater. However, digital is just one of the areas affected by the current skills gap in the UK. Leadership-related soft skills, STEM and healthcare, and training and education joined digital in the top four of missing skills i...

14 June 2024 /people

Why treasury teams should help lead sustainability policies and reporting

Scott Hamilton Contributing Editor at Finextra Research

Why treasury teams should help lead sustainability policies and reporting

Corporate finance and treasury teams need to be ready, willing, and able to assist – rather than simply rail against – compliance with new carbon and methane emissions reporting requirements, and even consider assisting their companies’ response to social impacts and related regulations, explained sustainable investment expert Taylor Anderson. And...

13 June 2024 /sustainable

Open finance and smart data: Where are we heading?

Luke Scanlon Head of Fintech Propositions at Pinsent Masons

Open finance and smart data: Where are we heading?

Two significant steps have been taken recently which are poised to move forward the discussion on the future of open finance and smart data in the financial services context. Those steps are the potential for finalisation of the Data Protection and Digital Information and (DPDI Bill) and the Joint Regulatory Oversight Committee (JROC) proposals fo...

12 June 2024 /regulation

Hamish Monk Reporter at Finextra

How to realise the benefits of CBDCs

With a good amount of responses to Finextra’s introductory short read, ‘What is CBDC?’ we follow up to address the prevailing commentary: “What would be the main purpose of introducing digital currency?” The answer to this can be given in terms of the benefits of central bank digital currency (CBDC). In this article we respond to our community by ...

11 June 2024 /crypto

What is DORA, and how can banks collaborate with tech providers to prepare for it?

Gabriela Giannattasio VP EMEA at Veritran

What is DORA, and how can banks collaborate with tech providers to prepare for it?

This article was co-authored by Carlos Cordova Niewold, chief cyber resilience officer at Veritran. As financial transactions have increasingly moved to digital platforms, the banking sector has evolved into a technology-first ecosystem. Concurrently, the mass digitisation of financial services has led to an influx of technology startups with varyi...

11 June 2024 /regulation

What does the General Election mean for Data Protection, Digital Markets, and AI Regulation Bills?

Chris Holmes Peer at House of Lords

What does the General Election mean for Data Protection, Digital Markets, and AI Regulation Bills?

I started the year writing about three important new laws that were with us in the House of Lords: the Data Protection Bill, the Digital Markets Bill, and my own AI (Regulation) Bill. The Data Protection and Digital Information Bill covered many aspects of data protection law including enabling smart data/data sharing across government – key fo...

10 June 2024 /regulation

How can fintechs ensure further profitability amid macro-economic challenges?

Sehrish Alikhan Reporter at Finextra

How can fintechs ensure further profitability amid macro-economic challenges?

Funding for startups and fintech has fallen to a low point since its peak in 2021. Yet, many companies with a more solid base are looking at how they can expand further and create more profitability in a challenging macroeconomic environment. Q1 2024 saw only 904 deals and $7.3 billion in fintech funding, which was the worst performing quarter sinc...

07 June 2024 /startups

Madhvi Mavadiya Head of Content at Finextra

Is Europe ready for MiCA?

Europe is currently at the tipping point of regulating cryptocurrency. The European Union has passed the Markets in Crypto-Assets Regulation (MiCA), which will establish uniform rules for crypto-assets across the EU market. Some of which many believe consumers have been in dire need of for some time. This is an excerpt from the Future of Digital B...

07 June 2024 /crypto

UK Elections 2024: What did Labour and the Conservatives promise ahead of the election?

Madhvi Mavadiya Head of Content at Finextra

UK Elections 2024: What did Labour and the Conservatives promise ahead of the election?

The UK will hold its first general election in five years on 4th July 2024, against the backdrop of the cost of living crisis, bank interest rates being cut, long NHS waiting lists, plans for asylum seekers and migrants to be deported to Rwanda, the Israel-Hamas war, the Russia-Ukraine war, and non-prioritisation of climate change mitigation. In...

06 June 2024 /regulation

Long reads