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News and resources on transaction banking, corporate banking and supply chain finance.

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Expert opinions

Raktim Singh

Raktim Singh Senior Industry Principal at Infosys

Intelligent Composable Business in the finance industry

Intelligent Composable Business (ICB) is a powerful tool that empowers financial professionals by breaking down business functions into units that can be easily rearranged or replaced. This modular approach not only allows them to promptly respond to emerging market trends and customer requirements without system overhauls but also gives them a sen...

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Rob Straathof

Rob Straathof CEO at Liberis

Are legacy financial institutions at a loss against fintechs?

The world’s financial companies, including banks and the larger credit and debit card players, have been in a position of market power for a long time. However, the disruption and digitalisation that’s being supercharged by enhanced customer expectations is changing this dynamic, and fintech is now flourishing. It’s clear from the rise of digital...

/retail /wholesale Embedded Finance

Mete Feridun

Mete Feridun Chair at EMU Centre for Financial Regulation and Risk

What does Basel IV mean for EU banks? A quick review of the challenges and opportunities

The finalisation of Basel IV marks a significant milestone in the ongoing evolution of global banking regulation. These comprehensive reforms, concluded by the Basel Committee on Banking Supervision in 2017, introduce critical changes across various dimensions, including risk measurement, capital adequacy, and reporting requirements. In the Europe...

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Aditi Subbarao

Aditi Subbarao Global Financial Services Lead at Instabase

How To Slice a Data Cake: A Guide to Tidying Up Your Data Space (Crumbs Included)

Most of you might not know this… if the 3- to 4-year age group demographic is part of your target market, the product of choice is rainbow cakes. And maybe unicorns, but real cake trumps imaginary animals. Now imagine satisfying a bunch of highly demanding, highly vocal, highly unpredictable, and irrational customers, on a high-stakes delivery,

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Iain MacLennan

Iain MacLennan Head of Trade & Supply Chain Finance at Finastra

Creating an intelligent trade finance ecosystem

With the growing demand for a consumer-like personalized interaction in trade workflows, alongside efforts to digitalize the industry, there is an emphasis on the need for ecosystem collaboration in trade finance. Agility and collaboration between banks, fintechs, and other third-party software providers will help drive innovation in meeting custo...

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Research

White Paper

UK Open Banking API Performance 2022-2023

The UK continues to be at the forefront of the global Open Banking revolution thanks to the proactive attitude of regulators.  As the most advanced Open Banking market in the world, the UK provides an example of best practices in the implementation of API-based Open Banking that other jurisdictions can use as a model.  In this report, we study the performance of the Open Banking APIs exposed by the large CMA9 UK banks, traditional High Street banks, credit card providers and building societies, and new entrant banks (neobanks). Some of our key findings include:  There continue to be significant API performance differences between banks; There is a significant difference in total latency between the fastest and slowest banks; Cloud choice makes a huge difference in performance; And more. Download our analysis of Open Banking API services today to learn more. 

638 downloads

Impact Study

What should European Banks prioritise in their payments modernisation journeys?

Payments modernisation is no longer a luxury for financial institutions. Dramatic shifts in consumer appetite, complete overhauls of financial regulation and a need to prioritise resilience mean that banks have little choice but to rethink their systems to operate in this brave new world.  European banks have a particularly challenging task ahead of them. ISO 20022, open banking and API enablement initiatives, and the introduction of real-time, cross-border payments makes modernisation of legacy systems ever more complex.  This Finextra report, produced in association with Volante Technologies, explores the current European banking landscape and answers:  What European deadlines are impacting banks’ payments modernisation plans? How are European countries progressing toward payments modernisation? Will Payments-as-a-Service help firms push payments modernisation ahead? And much more. Download the report today to discover more. 

522 downloads

Future of Report

The Future of the Global Financial Ecosystem 2024

A Sibos Special Edition. Our world has experienced several unexpected and unprecedented events over the last few years, which show no signs of slowing down. This year’s Sibos aims to connect those in the financial services community who have experienced fragmentation, in the hope that tackling this will help with some of the biggest issues facing banking. The role that financial institutions play in the global environment will continue to be placed under the microscope as situations continue to develop. In light of this, there has never been a better time for those in finance to come together and have frank and open conversations about their future. This applies to not only environmental and social goals for banks, but also the adoption of and adaptation to new technologies. No longer can these issues be placed on the side and given lip service, they need to become an integrated part of each financial institution’s core policies and practices. However, ever increasing this challenge are the continuously changing global circumstances. Due to these circumstances, communication and collaboration are essential drivers for 2024. This Finextra report, produced in association with Swift, includes commentary from BBVA, BNP Paribas, BNY Mellon, Deutsche Bank, ING, JP Morgan, Lloyds, McKinsey, NatWest, SEB, Standard Chartered, UniCredit, and Wells Fargo.

1037 downloads

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FinextraTV

The Intersection of Wildlife Trafficking and Financial Crime

FinextraTV, Julia Thorn, Senior Marketing Manager, Financial Crime Compliance, LexisNexis® Risk Solutions and Robert Campbell, Programme Director of United for Wildlife, The Royal Foundation of The Prince and Princess of Wales, dive deep into their recently released report on how wildlife trafficking can be combatted with the power of collaboration. Exploring the objectives of the report, the pair doubled down on the importance of enforcement data and how this data can be used for good by looking for patterns that are more relevant to financial institutions than first thought. Further, financial institutions must consider wildlife trafficking as organised crime and as the money involved cannot be hidden under the bed - it moves through commercial entities such as airports and shipping ports - this form of money laundering must be mitigated.

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Long reads

Paige McNamee

Paige McNamee Senior Reporter at Finextra

Why did SVB collapse?

In a spectacle brimming with action more compelling than anything seen at the Oscars, Silicon Valley Bank’s dramatic and total collapse over the weekend continues to unleash plot-twists on the beleaguered tech sector. The rapid downfall of the bank, a California darling, has dealt a terrifying blow to the industry, and the true fallout for the spac...

Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

Which banks are at risk after the SVB collapse?

When Silicon Valley Bank (SVB) failed last week, a 40-year legacy born in the innovation and optimism of its namesake Northern California birthplace died with it. Now that the nearly $200 Billion deposit institution – which according to many analysts may have banked more than 50% of all tech companies at some point in their existence – is gone, wh...

Hamish Monk

Hamish Monk Reporter at Finextra

How is the Russia-Ukraine war impacting the financial and tech sectors?

With sanctions from the European Union, Switzerland, France, Japan, Australia, New Zealand, Taiwan, the United States, and the United Kingdom, ratcheting up on the Russian Federation, economic shockwaves are being felt by industries far and wide. Already, the global economy is gasping for air; energy and oil prices are climbing, shares are tumblin...