News & Insights
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News & Insights
Discovering finance talent is a challenge for many major employers, according to Deloitte
Deloitte released new data that suggested over 82% of hiring managers for financial-based positions at public companies believe talent retention is a significant challenge, compared to 68% of hiring managers at private companies. The response from hiring managers at public companies also emphasised the efforts needed to attract and retain employees, while the findings were […]
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News & Insights
The new challenges of fraud and security in open banking
A report published by UK Finance has highlighted how cybercriminals have shifted their focus toward consumers and their personal and financial data. Losses to authorised push payment fraud, where a person makes a transfer to an insecure account, exceeded card fraud for the first time last year. UK Finance recorded a 71% increase in this […]
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News & Insights
The big-data challenges facing the finance industry
Big data is critical to the ongoing progression of financial services, but many businesses in the industry are failing to utilise its full potential of this industry. Many financial businesses have harnessed significant volumes of new data as a result of adopting digital technology, but most have barely begun to gain the full value from […]
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News & Insights
Transitioning from legacy IT and embracing the digital opportunities in finance
Digital transformation is empowering the finance industry to enhance business agility and prepare for future developments. In the recent Finance 2025: Digital Transformation in Finance report, Deloitte explained that automation, cloud-based and cognitive innovation are enabling finance businesses to transform and simplify activities. Automation will allow finance-related businesses to improve their costs by restructuring their […]
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News & Insights
How finance leaders are tackling the insight challenge
Terrance Wampler, the general manager of WorkDay, describes some of the biggest challenges in finance and how businesses can create added value. Data represents the core of modern businesses. The main goal for most is creating a reliable data source and utilising this information to improve performance. Achieving this is challenging, especially with the volume […]
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News & Insights
Opportunities for B2B SaaS: Moving from Embedded Payments To Embedded Finance
Payments provide a perfect entry point for software platforms into financial services. A relationship with payments creates data, trust and in most cases, further banking requirements. This provides the opportunity for software platforms to create a range of embedded finance options to increase their revenue, and improve the user experience and customer retention. Any software […]
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News & Insights
How AI can support the finance industry create climate solutions
Climate change can transform our global economy, but the finance industry continues to fall behind in terms of implementing the necessary measures to tackle climate change. Representatives at the conference on climate finance in New York stated that to enhance the rate of progress, the industry must take advantage of new technology, particularly artificial intelligence […]
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News & Insights
Rising customer demands will drive cloud-native solutions in finance, but data security remains critical
Over the past decade, two significant shifts have occurred in businesses developing and launching digital technologies. The first change relates to the consumerisation of IT. In previous studies, Gartner stated that consumerisation represented one of the major trends likely to impact the IT industry in the coming years. After the demise of the dot.com era, […]
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News & Insights
Collaboration instead of competition between fintech and traditional finance
Instead of highlighting the competitive landscape between emerging fintech and traditional banks, there is the potential to collaborate and generate more value. The fintech industry is accelerating innovation in finance industry, but many startups’ progress is hindered by strict regulations, data privacy and security concerns. Many traditional banking institutions are beginning to partner with fintech […]
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News & Insights
Fintechs are seeking graduate talent with a range of specialist skills
Education and Business schools are trying to tackle the rising demands from new finance and other technology-focused market influencers. Innovation in the tech industry has been disrupting finance for many years resulting in many of the new fintech companies becoming mainstream. Fintech venture funding has accelerated significantly in the last year and caused a spike […]
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News & Insights
Why AI should be at the core of delivering digital-focused financial regulation
Some industry experts consider data as the new oil. Just as it does for the finance industry, the rapid digitalisation of the economy comes with opportunities and challenges for financial regulators. On the positive side, new information is available, with vital insights into financial risks that regulators spend considerable time trying to understand. The abundance […]
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News & Insights
How data and analytics leaders are gaining the competitive edge
It’s clear that data and analytics are transforming industry competition, and while some businesses are accelerating at pace, many are yet to implement the necessary changes. In the latest McKinsey Global Survey, respondents believe that the changes data and analytics have created over the last few years have continued to grow. However, they also suggest […]