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Financial Services

  • [New] The rapid growth of digital financial services (DFS) brings unique opportunities to advance the financial inclusion of previously excluded and underserved groups. / Digital Financial Literacy Toolkit
  • [New] In the case of vein recognition, the banking, financial services, and insurance sector is expected to lead technology growth by the end of this decade. / Financial IT
  • [New] The UK's CDC Group and Incofin IM have reached the successful first close of the US$ 60 million Incofin India Progress Fund that will make private-equity investments in the agri-food value chain and financial services for rural entrepreneurs in India. / The Asset
  • [New] As jurisdictions around the world continue to evolve regulations related to financial services, such as privacy rules and open banking regimes, RegTech is only expected to become more important. / FinTech Global
  • [New] There are risks in doing nothing: the financial services industry is transforming en masse toward embedded finance and enabling integrated capabilities, so all DFS providers should consider whether opening APIs and/or using APIs available from other players is the right strategic move for them. / CGAP
  • [New] The introduction of a federal law in the US could ease compliance uncertainty as it relates to data use and privacy for payments and other financial services companies. / Eversheds Sutherland
  • [New] Take the world of financial services, where we see banks using real-time analytics to capture and process over 1 TB of data per day to deliver on business, risk and regulatory requirements. / Information Age
  • [New] The emergence of 5G means that broader connectivity, globally speaking, will bring a range of financial services to the underbanked populations of the world. /
  • [New] As hopes of a deal on financial equivalence with the European Union ebb away, financial services firms are pushing to take advantage of an estimated $24 trillion (£17.5 trillion) in household savings accumulated by China's population. / The Telegraph
  • [New] The first Financial Markets Dialogue held today will strengthen links on financial services and create new opportunities for UK and Indian business. / GOV.UK
  • Fintech is going to be the key disruptor for Emerging Market financial services in 2021 and beyond, with financial technology presenting compelling long-term opportunities to generate alpha, due to factors such as digital innovation, Covid-19 and more. / The Fintech Times
  • In the process of China's rise, excellent financial services and technology companies will emerge, playing a more important role globally. / Yahoo Finance
  • A critical consideration will be designing a future-proof digital dollar that maintains the vital role of community banks, expands access to financial services with consideration of regional needs, and promotes resilience for all U.S. consumers. / Default
  • Privacy and international data transfer: Clear and manageable rules regarding privacy, data use, and transfers of consumer data between the UK and US will be critical to driving innovation and collaboration between the US and UK in financial services, including in digital payments. / Eversheds Sutherland
  • In the 'Embedded Finance: Creating a seamless future for financial services' section of its report, Rise cites Forbes that embedded finance in the payments sector is worth $16.1bn and could grow to $140.8bn by 2025. / Fintech Magazine
  • Deloitte is a global organisation that advises the world's largest FS clients on the application of data, analytics, AI and disruptive digital technologies to manage risk, create innovative propositions and solutions and generate value. / FinTech Futures
  • As climate change continues to threaten people globally, the effect of climate-related disasters are most severe in low-income communities that have no access to financial services. / globalpolicyjournal
  • Analysts have highlighted that the lack of a post-Brexit financial services deal could give the UK greater freedom to follow a path of its own over how it governs its financial services industry. / CityAM
  • Spending on big data technology in banking and financial services in Asia-Pacific is expected to grow at a compound annual growth rate of 15.6% from 2019 to 2024. /
  • Innovative FinTech firms will be able to provide financial services into Norway, Iceland and Liechtenstein, without having to provide that service elsewhere first, helping the United Kingdom to maintain its status as a financial services hub. / GOV.UK

Last updated: 26 July 2021