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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. 

642 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. 

523 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.

1040 downloads

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FinextraTV

Reimagining Your Core: How Banks Can Thrive Amidst Rapid Technological Change

Narendra Mistry, CPTO of Universal Banking at Finastra, emphasises that banks must adapt quickly to evolving technology and customer expectations. Success lies in implementing efficient core banking systems, that enable innovation at scale and at pace, while navigating AI and data with a focus on mindset and business services. Lean systems, like those of neo and digital-only banks, are good, but long-term growth requires a clear vision, a strong culture and breadth of capabilities. For established banks with pre-existing infrastructures, symbiosis – where next gen solutions are deployed alongside existing solutions – can offer a fast way to deliver outstanding experiences, stay ahead of competitors and, when appropriate, ease transitions.

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Long reads

Rajashekara Maiya

Rajashekara Maiya VP at Infosys

Corporate lending: Creating, delivering, and realising value

This piece has been co-authored by Ram Devanarayanan, associate vice president, senior industry principal at Infosys Finacle. Between 2015 and 2019, while the gap in bank lending to small and medium enterprises in the Eurozone shrank from 6% of GDP to 3%, a quarter of European SMEs still faced great difficulty in accessing finance. In 2022, amid ...

Paige McNamee

Paige McNamee

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...