Latest Finextra Research Retail banking Headlines https://www.finextra.com/ The Latest Financial IT Retail banking Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) Finextra Research Headlines https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png PSR sets out next steps for variable recurring payments in the UK https://www.finextra.com/newsarticle/44600/psr-sets-out-next-steps-for-variable-recurring-payments-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44600/psr-sets-out-next-steps-for-variable-recurring-payments-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Aug 2024 00:02:00 GMT The UK's Payment Systems Regulator says it will assess the necessity and scope of mandated participation in Phase 1 expansion of Variable Recurring Payments (VRPs) following stakeholder feedback. Stablecoin-to-fiat money transfer app Sling Money raises $15 https://www.finextra.com/newsarticle/44597/stablecoin-to-fiat-money-transfer-app-sling-money-raises-15?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44597/stablecoin-to-fiat-money-transfer-app-sling-money-raises-15?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Aug 2024 00:01:00 GMT Sling Money, which combines stablecoin technology with fiat payment rails for instant money transfers, has raised $15 million in Series A funding. Klarna takes on banks with new 'account' for storing funds https://www.finextra.com/newsarticle/44598/klarna-takes-on-banks-with-new-account-for-storing-funds?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44598/klarna-takes-on-banks-with-new-account-for-storing-funds?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 13:31:00 GMT Klarna is rolling out an "account" where customers can store money and cashback rewards as the Swedish fintech continues to diversify beyond its BNPL roots into more traditional retail banking services. UK challenger banks beat incumbents all-hands down in CMA awards https://www.finextra.com/newsarticle/44596/uk-challenger-banks-beat-incumbents-all-hands-down-in-cma-awards?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44596/uk-challenger-banks-beat-incumbents-all-hands-down-in-cma-awards?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 09:50:00 GMT UK challenger banks once again outshone incumbents in the latest annual banking satisfaction survey conducted by the Competition and Markets Authority. Science Card opens e-money account for socially-conscious spending https://www.finextra.com/newsarticle/44595/science-card-opens-e-money-account-for-socially-conscious-spending?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44595/science-card-opens-e-money-account-for-socially-conscious-spending?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 09:19:00 GMT UK fintech Science Card has opened an e-money account to further its goal of supporting scientific projects across health, climate change and tech through customer spending. ANZ creates 'AI Immersion Centre' for executive class https://www.finextra.com/newsarticle/44589/anz-creates-ai-immersion-centre-for-executive-class?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44589/anz-creates-ai-immersion-centre-for-executive-class?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 00:01:00 GMT ANZ has partnered with Microsoft to launch an 'AI Immersion Centre' for the bank's leadership team at its Melbourne headquarter offices. MAS collaborates with banks and tech firms on quantum security https://www.finextra.com/newsarticle/44588/mas-collaborates-with-banks-and-tech-firms-on-quantum-security?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44588/mas-collaborates-with-banks-and-tech-firms-on-quantum-security?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 00:01:00 GMT The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power. Keir Starmer and Prince William used in deepfake crypto scam https://www.finextra.com/newsarticle/44591/keir-starmer-and-prince-william-used-in-deepfake-crypto-scam?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44591/keir-starmer-and-prince-william-used-in-deepfake-crypto-scam?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 00:01:00 GMT Crooks are circulating AI-generated deepfake videos of Prince William and UK prime minister Keir Starmer on Facebook and Instagram to dupe viewers into scam cryptocurrency investments. UAE-based fintech Yuze rises $30m https://www.finextra.com/newsarticle/44592/uae-based-fintech-yuze-rises-30m?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44592/uae-based-fintech-yuze-rises-30m?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 00:01:00 GMT Yuze, a UAE-based, SME-focussed fintech, has raised $30 million from Osten Investments to expand into new markets. CFPB and American Fintech Council stake out AI positions to Treasury https://www.finextra.com/newsarticle/44593/cfpb-and-american-fintech-council-stake-out-ai-positions-to-treasury?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44593/cfpb-and-american-fintech-council-stake-out-ai-positions-to-treasury?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 20:13:00 GMT Responding to a call from the US Treasury, the Consumer Financial Protection Bureau (CFPB) and the American Fintech Council (AFC) have both weighed in on the use of AI in financial services. Apple to open up NFC payments access to third parties https://www.finextra.com/newsarticle/44594/apple-to-open-up-nfc-payments-access-to-third-parties?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44594/apple-to-open-up-nfc-payments-access-to-third-parties?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 19:42:00 GMT Apple is opening up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers in a host of countries - including the US and UK - but will charge associated fees. Cybercriminal J.P.Morgan brought to justice https://www.finextra.com/newsarticle/44580/cybercriminal-jpmorgan-brought-to-justice?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44580/cybercriminal-jpmorgan-brought-to-justice?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 00:01:00 GMT A prolific cybercriminal operating under the online monicker J.P.Morgan has been arrested following a co-ordinated international police investigation. Diebold Nixdorf first to support Windows 11 at the ATM https://www.finextra.com/pressarticle/101932/diebold-nixdorf-first-to-support-windows-11-at-the-atm?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101932/diebold-nixdorf-first-to-support-windows-11-at-the-atm?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 17:04:00 GMT Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, announced today that it is the first ATM solution provider ready to support the Microsoft Windows 11 IoT Enterprise LTSC 2024 operating system. Mastercard collaborates with fintech startup Scale across Africa and Middle East https://www.finextra.com/pressarticle/101931/mastercard-collaborates-with-fintech-startup-scale-across-africa-and-middle-east?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101931/mastercard-collaborates-with-fintech-startup-scale-across-africa-and-middle-east?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:58:00 GMT Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East. Finzly combines FX payment platform with Corpay's real-time FX rates https://www.finextra.com/pressarticle/101930/finzly-combines-fx-payment-platform-with-corpays-real-time-fx-rates?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101930/finzly-combines-fx-payment-platform-with-corpays-real-time-fx-rates?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:47:00 GMT Finzly, Inc. ("Finzly"), a leader in innovative payment and financial solutions, today announced an agreement with Corpay, Inc. Cross-Border business, (NYSE: CPAY) a global leader in corporate payments, to collaborate on a joint offering that brings together Finzly's FX payment platform and Corpay's real-time FX rates. FIS to utilise Neural Payments platform https://www.finextra.com/pressarticle/101929/fis-to-utilise-neural-payments-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101929/fis-to-utilise-neural-payments-platform?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:45:00 GMT FIS (NYSE: FIS), a global leader in financial technology, today announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a wider range of institutions. Michigan Educational Credit Union rolls out Lumin Digital platform https://www.finextra.com/pressarticle/101927/michigan-educational-credit-union-rolls-out-lumin-digital-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101927/michigan-educational-credit-union-rolls-out-lumin-digital-platform?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:42:00 GMT Michigan Educational Credit Union (MECU), a credit union based in Plymouth, MI, today announced the successful implementation of its new digital banking solution from leading cloud-based digital banking provider, Lumin Digital. BNPL firm Zip integrates with Stripe for US merchants https://www.finextra.com/pressarticle/101926/bnpl-firm-zip-integrates-with-stripe-for-us-merchants?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101926/bnpl-firm-zip-integrates-with-stripe-for-us-merchants?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:41:00 GMT Zip (ASX: ZIP), a digital financial services company offering innovative, people-centered products, today announced its integration as a payment method for U.S. merchants using Stripe. Wealth management fintech SigFig adds AI capabilities https://www.finextra.com/pressarticle/101925/wealth-management-fintech-sigfig-adds-ai-capabilities?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101925/wealth-management-fintech-sigfig-adds-ai-capabilities?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:39:00 GMT SigFig, a leading digital wealth management solutions and technology provider for financial institutions and their advisors, today announced new capabilities, including AI-powered functions, to its financial advisor collaboration platform, Engage. Crypto infrastructure outfit Mesh secures QuantumLight investment https://www.finextra.com/pressarticle/101924/crypto-infrastructure-outfit-mesh-secures-quantumlight-investment?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101924/crypto-infrastructure-outfit-mesh-secures-quantumlight-investment?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:36:00 GMT Mesh, the modern connectivity layer for crypto that makes payments and deposits seamless, today announced a new investment by QuantumLight, the innovative venture capital firm founded by Nik Storonsky, the CEO and founder of global financial superapp Revolut, which recently reached 45 million users in June 2024, establishing itself as one of the leading tech companies across the globe. Plinqit promotes Kirsten Longnecker to CMO https://www.finextra.com/pressarticle/101923/plinqit-promotes-kirsten-longnecker-to-cmo?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101923/plinqit-promotes-kirsten-longnecker-to-cmo?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:34:00 GMT Plinqit, the first platform that brings together automated savings, data-driven financial wellness content and virtual account management, has promoted Kirsten Longnecker as its chief marketing officer to support the company’s strong growth trajectory. PayQuicker partners Thunes to expand e-wallet payouts capabilities https://www.finextra.com/pressarticle/101922/payquicker-partners-thunes-to-expand-e-wallet-payouts-capabilities?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101922/payquicker-partners-thunes-to-expand-e-wallet-payouts-capabilities?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:32:00 GMT PayQuicker, a leader in global payouts orchestration, announced a collaboration with Thunes, a global money movement innovator, to expand its e-Wallet payout capabilities worldwide. Matchmaking platform for startups and investors Qubit expands into Europe https://www.finextra.com/pressarticle/101921/matchmaking-platform-for-startups-and-investors-qubit-expands-into-europe?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101921/matchmaking-platform-for-startups-and-investors-qubit-expands-into-europe?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 14:00:00 GMT Qubit Capital has made a significant impact by revolutionizing how startups connect with investors. LatAm crypto exchange Bitso taps Coincover for security https://www.finextra.com/pressarticle/101920/latam-crypto-exchange-bitso-taps-coincover-for-security?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101920/latam-crypto-exchange-bitso-taps-coincover-for-security?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 13:32:00 GMT Bitso, the leading cryptocurrency exchange in Latin America, today announces it has joined forces with Coincover – the blockchain protection company – to provide comprehensive security for digital assets. How the Commercial Payments Market is Evolving https://www.finextra.com/videoarticle/3179/how-the-commercial-payments-market-is-evolving?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3179/how-the-commercial-payments-market-is-evolving?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 07 Aug 2024 11:42:00 GMT At EBAday 2024, Wim Grosemans, Global Head of Product Management Payments and Receivables, BNP Paribas, sets the scene around how the commercial payments market is evolving. From an infrastructure perspective, the interview details how banks should make important moves to implement instant payments, ISO 20022 and cross border payments as regulation dictates, so there is a lot to do on the plumbing within a financial institution for tomorrow's payments. A staggering amount of digitisation is also incoming, which will result in digital payments soaring and with this, an ecommerce boom for B2C customers and B2B customers. The Intersection of Wildlife Trafficking and Financial Crime https://www.finextra.com/videoarticle/3178/the-intersection-of-wildlife-trafficking-and-financial-crime?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3178/the-intersection-of-wildlife-trafficking-and-financial-crime?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Aug 2024 10:20:00 GMT 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. Why Traditional AI should be used alongside Generative AI for Fraud Prevention https://www.finextra.com/videoarticle/3174/why-traditional-ai-should-be-used-alongside-generative-ai-for-fraud-prevention?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3174/why-traditional-ai-should-be-used-alongside-generative-ai-for-fraud-prevention?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 10:31:00 GMT At EBAday 2024, Marc Corbalan, Vice President, A2A Risk Solutions, Visa, explores fraud detection advances and strategies. Generative AI is truly revolutionary and outperforms traditional AI when it comes to analysing text, voice, and imagery, namely describing when transactions are risky. However, Generative AI struggles with numerical data that includes patterns, which is what fraud analysts using search for. This is why traditional AI must be used alongside Generative AI. Reimagining Your Core: How Banks Can Thrive Amidst Rapid Technological Change https://www.finextra.com/videoarticle/3172/reimagining-your-core-how-banks-can-thrive-amidst-rapid-technological-change?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3172/reimagining-your-core-how-banks-can-thrive-amidst-rapid-technological-change?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jul 2024 11:45:00 GMT 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. Adapting to change: How financial institutions can revolutionise core banking systems https://www.finextra.com/videoarticle/3173/adapting-to-change-how-financial-institutions-can-revolutionise-core-banking-systems?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3173/adapting-to-change-how-financial-institutions-can-revolutionise-core-banking-systems?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jul 2024 10:44:00 GMT Siobhan Byron, EVP of Universal Banking at Finastra, discusses how innovation is not just limited to the neo and startup banks, indeed established banks are combining the move-fast philosophies of the emerging players with their own considerable assets. The conversation highlights the need for financial institutions to have a clear vision and strategy, find the right pace and technology for transformation, avoid high-risk methods, outline the challenges of losing market share, talent, and the ability to meet future needs if institutions fail to stay current and innovative. 2024 Payments Trends and Adding Value https://www.finextra.com/videoarticle/3171/2024-payments-trends-and-adding-value?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3171/2024-payments-trends-and-adding-value?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 10:00:00 GMT At EBAday 2024, Michael Whitehead, Head of Sales - Europe, iGTB, and Tapan Agarwal, Head of Payments Solutions, iGTB, Intellect Design Arena, focus on the range of payments trends that are circulating within the industry and what is pushing innovation forward. The pair pay close attention to European regulations that are mandating instant payments, as well as the One-Leg Out Instant Credit Transfer and the G20's bid to ensure payments get faster, cheaper and more transparent. Further, they explore how banks can build on value-added services using technologies such as Generative AI, DLT and IoT, which will evidently lead to an explosion of payments. How Open Banking will Enable Embedded Finance https://www.finextra.com/videoarticle/3170/how-open-banking-will-enable-embedded-finance?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3170/how-open-banking-will-enable-embedded-finance?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jul 2024 12:53:00 GMT At EBAday 2024, Afonso Eça, Appointed Executive Board Member, Banco BPI, expands on the future of open banking and embedded finance and how these two trends are transforming the financial industry. While regulatory pushes such as PSD2 led to more uptake of open banking, financial institutions continue to take advantage of what is occurring in the fintech space and move forward. The conversation also turns to how open banking is the catalyst for embedded finance and through open payments, customers and businesses alike will be able to simplify the payments journeys of small business operators. SEPA, ISO 20022 and the Road to Innovation and Resiliency https://www.finextra.com/videoarticle/3169/sepa-iso-20022-and-the-road-to-innovation-and-resiliency?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3169/sepa-iso-20022-and-the-road-to-innovation-and-resiliency?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jul 2024 11:09:00 GMT At EBAday 2024, Renata Vilanova Lobo, Head of Global Clearing, J.P. Morgan Payments, explores the cross-border impact of SEPA on European and global interoperability and why ISO 20022 is crucial for financial institutions. There is an urgency for financial institutions to transition because of deadlines, but also due to the great benefits this change can bring to the industry, being the biggest change in payments in the last 30 years. Resiliency plays a critical role in today's landscape and it is expanding its concept; as a result, and banks must consider geopolitics, economic downturns and unforeseen challenges on top of operational stability. What changes lie ahead for the future of real-time payments https://www.finextra.com/videoarticle/3168/what-changes-lie-ahead-for-the-future-of-real-time-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3168/what-changes-lie-ahead-for-the-future-of-real-time-payments?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 Jul 2024 13:50:00 GMT At EBAday 2024, Paul Francis Walvik-Joynt, Senior Vice President, Real Time Payments, Mastercard, shares an outline of what changes lie ahead for real-time payments and what the proliferation of real-time payments means for the adoption of instant payments. It is evident that trust needs to be maintained as the industry grows and introduces new networks, ensuring organisations are remaining resilient and fraud is combatted. Further, with the advent of new real-time payments systems, opportunities are opening up for domestic and global payments, and for technologies such as AI to be leveraged. The Importance of ESG when Choosing a Technology Provider https://www.finextra.com/videoarticle/3161/the-importance-of-esg-when-choosing-a-technology-provider?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3161/the-importance-of-esg-when-choosing-a-technology-provider?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 Jul 2024 09:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Kalliopi Chioti, Chief ESG Officer, Temenos and Christian Sarafidis, Chief Executive, EMEA Financial Services, Microsoft, dive deep into how choosing the right provider and right partner is crucial for ESG. With increasing pressure coming to the fore from regulators, organisations have no choice but to consider their reputations. This journey cannot be completed alone, so partners are of paramount importance, in addition to technologies such as cloud and AI to drive sustainability efforts. The global approach to solving payee verification challenges https://www.finextra.com/videoarticle/3167/the-global-approach-to-solving-payee-verification-challenges?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3167/the-global-approach-to-solving-payee-verification-challenges?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 Jul 2024 11:51:00 GMT Albert Sitelis, Head of Partnerships & Market Development at Banfico, discusses the hurdles of meeting the IP regulation compliance deadline for payee verification at EBAday 2024. With over 5000 PSPs in Europe, connectivity remains a major challenge, despite existing name check systems in several countries. Sitelis stresses collaboration among schemes, technical providers, and banks as crucial, and advocates for broader industry involvement beyond banks to combat APP fraud globally, suggesting the need for enhanced data analysis beyond name matching. What African Banks are Prioritising Today https://www.finextra.com/videoarticle/3165/what-african-banks-are-prioritising-today?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3165/what-african-banks-are-prioritising-today?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 15 Jul 2024 09:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Lee Allcorn, Managing Director, MEA, Temenos and Deribie Asfaw, President, Cooperative Bank of Oromia talk about the priorities for banks across the African continent and the speed at which business and innovation operates here. Today, clients are prioritising trust, security and ensuring that their investments are as risk-free as possible. In addition to this, providing services to those that are unbanked and underbanked in a low cost manner continues to be an issue to be resolved. The conversation also turns to scalability, as financial institutions in Africa look to reach new channels and new markets. Fintech Collaboration in Banking and Reshaping the Industry https://www.finextra.com/videoarticle/3164/fintech-collaboration-in-banking-and-reshaping-the-industry?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3164/fintech-collaboration-in-banking-and-reshaping-the-industry?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 12 Jul 2024 14:38:00 GMT Join FinextraTV as Martin Bailey, Director of Innovation at Temenos, and Pritesh Ruparel, CEO at ALT21, discuss how partner ecosystems and accelerators have helped to deploy fintech solutions within banks. The pair also explore the importance of fast deployment and how it can help banks keep pace with their competitors. Solving the KYC challenge with end-to-end processes https://www.finextra.com/featurearticle/2844/solving-the-kyc-challenge-with-end-to-end-processes?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2844/solving-the-kyc-challenge-with-end-to-end-processes?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 06 Aug 2024 14:01:00 GMT Watch this webinar, hosted in association with Nice Actimize, to explore the hidden opportunities of optimising the customer lifecycle. 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