State of Play: in-depth analysis of the fintech landscape
Each month, Philip Benton explores a new topic and assesses the “state of play”, providing an in-depth analysis and understanding of the fintech and paytech markets landscape.
Philip Benton is a Principal Fintech Analyst at Omdia and writes analysis on the issues driving technological change in financial services. Prior to Omdia, he led consumer trends research in retail and payments at strategic market research firm Euromonitor.
In this column, he discusses the technological implications and consumer expectations of the latest fintech and paytech trends.
You can find more of Philip’s views on fintech via LinkedIn or follow him on X @bentonfintech.
State of play: the future of credit
Alternative data sources will be key to ensuring the future of credit is affordable, inclusive, and accessible.
State of play: core banking
Investment in core banking technology will continue to be the utmost priority for the industry.
State of play: banking
Banks are facing a myriad of challenges, from transformative technological shifts to increasing competition.
State of play: payments
Today, consumers have more options than ever to make payments. So which method will ultimately win?
State of play: GenAI in financial services
Generative AI is currently in the ‘experimental phase’ in the financial services industry.
Sibos 2023: State of play – open banking and open finance
To see real progress in open finance, it requires the industry to collaborate - a key theme of this year's Sibos.
State of play: 2023 so far
What's the current state of play for the financial services sector and what can we expect for the remainder of 2023?
State of play: European fintech
The recent FinovateEurope conference featured a number of key discussions on the European financial services sector.
State of play: neobanks
Neobanks as a sector are now approaching their teenage years and quickly maturing.
State of play: BNPL
BNPL has become one of the most divisive credit products of the modern age.
State of play: fintech partnerships
Incumbents and fintechs are increasingly forging equally beneficial partnerships to lead innovation.
State of play: central bank digital currencies (CBDCs)
CBDCs must have interoperability at their core if they are to be adopted at mass scale.
State of play: Money 20/20 Europe
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
State of play: account-to-account (A2A) payments
In-depth analysis and understanding of the market landscape by our resident fintech analyst.
State of play: digital banking platforms
Selecting the right digital banking platform is a lengthy process that requires careful consideration.
State of play: digital wallets / super apps
What does it take for a digital wallet to achieve the "super app" status?
State of play: fintech and telco
How we pay, what we pay, and who we pay is changing, and telco firms are well positioned to take advantage.
PayTech Awards USA 2024 nominations are now open!
Submissions for the PayTech Awards USA 2024 are now open, with the entry deadline set for 5 July 2024.
NAB partners UK fintech Banked to boost merchant adoption of A2A payment solutions
NAB says the first group of business clients to adopt A2A payments will go live “in the first half of 2024”.
CIBC Mellon taps Duco for AI-powered data automation tech
The firm will leverage Duco’s tech to “manage data effectively while reducing operational risk”.
Turkish fintech Iyzico acquires Paynet in $87m deal
Iyzico plans to integrate Paynet’s B2B payments and collections solutions.
Iwoca lands £270m debt funding package from Citibank and Barclays
The lender says it plans to use the funding to expand its operations in the UK and Germany.
Lloyds Banking Group collaborates with Red Hat to adopt modern open source engineering practices
Lloyds is aiming to boost its “developer experience, software quality, and speed to market”.
Mambu to power Canada’s Brunswick Credit Union amid MV Solar UK launch
The credit union’s implementation of Mambu in Canada arrives in tandem with the UK launch of MV Solar.
Moneythor names former Temenos head Martin Frick as new CEO
In addition, Moneythor’s co-founder, Olivier Berthier, is to transition to the role of chairman.
FINRA fines SoFi $1.1m after consumer identification flaws led to multi-million dollar heist
SoFi Money – the unit targeted by fraudsters – was ultimately closed by the fintech in June 2022.
Beem Credit Union teams up with VeriPark to elevate digital banking capabilities
Beem Credit Union was launched by Gulf & Fraser and Interior Savings on 1 January.