Finextra

The inaugural NextGen: AI event took place in London this week, featuring a day filled with engaging keynotes, demonstrations, panel discussions, audience participation, and fresh insights into the future of AI in financial services. Our headline keynote, titled AI in 2024: At the Edge, was delivered by Lord Christopher Holmes of the House of Lords. He emphasised: "The businesses that will succeed are those who understand their business well, and then think, how can AI help in what we're trying to achieve? As opposed to, how do we fit AI in to our business?" You can discover our full event coverage, including panels and keynotes, at https://lnkd.in/eExSDkPU. Are you excited to participate next year? Share your interest with us, and we'll connect with you soon! Contact us at events@finextra.com. #finextra #nextgenai #financialservices #banking #fintech #artificialintelligence #genai #ai #humanintheloop #digital #data #hyperpersonalisation #riskprofiling #operationalresilience #explainability #financialservices #london #frontier #riskmanagement #paymentprocessing #roboadvice #compliance #regulation #legislation #customerexperience #trailblazing

B2B Procurement: Challenges and Opportunities for Innovation Join #FinextraTV as Romain Mialane, Direct to Corporate Lead at Visa, and Ritesh Jain, Business Head - UK and Europe Commercial Cards at Citi, explore Visa's recently commissioned market research on #B2Bprocurement in Europe and the challenges and opportunities for #innovation in this broader context of #treasury. Further, the pair discuss how notable #trends and patterns can lead to strategies to address emerging needs, such as #ProcuretoPay capabilities to streamline existing processes and reduce costs through consolidated software solutions or best of breed models. Educating viewers about the true definition of #workingcapital, the conversation moves on to the role of treasury and suppliers and how the integration of enhanced #transparency, advanced #automation, and faster #payment capabilities can bolster the relationships in the #B2B #procurement landscape. https://lnkd.in/emyfGpAF #fintech #finance #financialinstruments #financialservices #financialinstitutions #cashmanagement #banks #banking #commercialbanking #payments #corporatebanking #research #supplychainfinance #treasurymanagement #CitiOptimizedPay #suppliers #technology #future #automation #realtimepayments 

Fracking hell: What Trump’s second presidency means for green initiatives Read the new Finextra article on US #politics & #environmental #sustainability by Sehrish Alikhan ➡️  https://lnkd.in/edQjpcKz #finance #USA #USelections #IRA #climatechange #climaterisk #fracking #energy #ESG #regulation #environment #law #UNFCCC #carbon #emissions #climateregulation #netzero #EPA #COP29

What is customer onboarding in financial services? Read the new Finextra article on customer #onboarding & #financialservices by Hamish Monk ➡️ https://lnkd.in/eTJasdpJ #fintech #thelongread #finance #financialinstitutions #banks #banking #customerservice #regulation #compliance #security #KYC #KYB #AI #artificialintelligence #automation #data #analytics #customerexperience #identity #AML #biometric #verification #authentication #userexperience #ML #machinelearning #userinterface

Fraud Trends Report: How Generative AI is Shaping the Future of Fraud Prevention In an era where #fraud tactics evolve at lightning speed, #financialinstitutions need innovative defences. This new Finextra impact study, with Amazon Web Services (AWS) & Vonage, explores how #generativeAI is reshaping fraud prevention strategies. From tackling #authorizedpushpayment fraud to navigating incoming regulations and leveraging #networkAPIs, this report is packed with insights to help you stay ahead of emerging #risks. Discover best practices and strategies to fortify your defences and deliver safer, smarter customer experiences. Download now to find out more & get a head start ➡️ https://bit.ly/4hw4lHl #fintech #finance #banking #financialservices #banks #financialcrime #frauddetection #fraudmitigation #AI #artificialintelligence #GenAI #regulation #compliance #risk #riskmanagement #customerexperience #cloud #cloudservies #payments #digitalpayments #technology #innovation #future #trends #data #analytics #automation #security #cybersecurity #APPfraud #PSR #operationalresilience #DORA #PSD3 #PSR1 #cybercrime #paymentservices #datasecurity #scams #syntheticidentity #API #syntheticdata #privacy #ML #machinelearning #governance #AItools

How Finance Can be a Conduit for Environmental Health Over the last 2 years, countries around the world have been working to improve the health of the world's #biodiversity. The Kungming-Montreal #GlobalBiodiversityFramework (#GBF) - made up of 23 Targets - framed the majority of the talk at the recent #COP16 conference, discussing how #finance can phase out, reverse or reduce harm. Following the conference, #FinextraTV caught up with Jessica Smith, Nature Lead at United Nations Environment Programme Finance Initiative (UNEP FI), to discuss her reflections, as well as her optimisms and #future predictions. Smith discusses innovative examples from the UK, Australia, EU and South Africa, as well as setting the understanding of who is responsible for a better future. A strong tracking system, mainstreaming of #nature into #infrastructure, #agriculture and real estate all feature as high priorities. https://lnkd.in/ekuwH6aP Richard Peers ResponsibleRisk Ltd #sustainablefinance #fintech #fiancialservies #financialinstitutions #sustainability #ESG #sustainable #naturalcapital #naturerisk #environment #climatechange #banks #banking #research #sustainableinvestments #reporting #naturefinance #target19 #responsiblebanking #data #analitics #TNFD #biocredits #portfolio #supplychain 

Beyond the labels: Why fraud is now everyone's problem Read the new Finextra article on #payments #fraud #risk, by Guy Dolinko - Head of Risk at Fibonatix ➡️ https://lnkd.in/e-CATP5i #fintech #finance #financialcrime #scams #merchants #paymentservices #financialservices #financialinstitutions #technology #innovation #transactions #internationalpayments #chargebacks #compliance #paymentprocessors #ecommerce #fraudprevention #digitalpayments #AI #ML #articificialintelligence #machinelearning #behavioranalysis #behavioralbiometrics #2FA #realtimemonitoring #chargebackmanagement

Unifying Card Programmes – The Strategic Path to Cost Reduction and Operational Excellence Are you ready to transform how financial institutions manage their card ecosystems? Join our exclusive Finextra #webinar next week, on Thursday 5th December, in association with FIS, where industry experts will dive deep into the critical imperative of #card programme unification. Discover how #banks can consolidate complex systems, dramatically reduce operational costs, enhance #security, and create a more agile #paymentsinfrastructure. With insights into tackling #financialinstitutions' biggest operational pressures, customizing payment offerings, and implementing best-in-class technological solutions, this webinar is a must-attend for #banking and #fintech professionals looking to #futureproof their card strategies. Don't miss this opportunity to learn how strategic system consolidation can be your organization's key to financial efficiency and competitive advantage! Register now and be part of the conversation that's reshaping the #bankingtechnology landscape ➡️ https://bit.ly/3UqYDwp #finance #cards #cardpayments #paymentservices #financialservices #technology #innovation #PSP #BNPL #digitalpayments #cardunification #fraudreduction #antifraud #security #financialcrime #compliance #testing

Unlock Hyper-Personalisation with AI and Modernisation in Financial Services Join us for our next insightful live Finextra webinar tomorrow, Thursday 28th November, hosted in association with MongoDB and Microsoft, to explore how #financialinstitutions can leverage #AI and application #modernization to deliver #hyperpersonalized experiences. Discover the transformative impact of AI in #banking, from enhancing customer satisfaction to streamlining operations. Learn how to balance #frontoffice #innovation with #backoffice efficiency and modernise your application architecture without disruption. Don’t miss the chance to hear from industry experts and gain actionable insights. Register now to secure your spot ➡️ https://bit.ly/3BzMI8Y #fintech #finance #financialservices #banks #hyperpersonalization #personalization #customization #customerexperience #userexperience #artificialintelligence #ML #machinelearning #automation #digitaltransformation #fraudprevention #technology #future #trends #customersatisfaction #customerlifecycle #cloud #cloudservices #bankingsystems #operations #cybersecurity #dataprotection #AItools

Lord Holmes, Peer of The UK House of Lords, joined us at #NextGenAI today to speak on the importance of legislation in grasping the opportunities and addressing the challenges of #AI adoption.