Fintech Analyst Report - Issue 252

Gartner: Younger generations pave the way in how to use financial services
Younger generations are influencing how older age groups buy financial services, prioritising reviews and transparency to inform purchase decisions.

Greenwich Associates: Words speak louder than actions with crypto applications
Two-thirds of financial advisers in the US have discussed crypto and/or digital assets with clients over the last year, yet few of these discussions are being actioned.

Cutter Associates: Firms to adhere to more ESG regulations
The number of ESG frameworks and regulations that firms must adhere to has grown with the rise of ESG and data vendors.

Kapronasia: India implements 30% tax on crypto
Will high taxation discourage investments in digital assets? A 1% tax-deductible at source will also be applied on all digital asset transfers above a certain size from July onwards.

Celent: Can AI inferencing help reduce fraud losses?
Fraud losses in banking, card, and payment transactions on IBM zSystem mainframes could potentially be reduced by $161 billion globally through the application of AI inferencing models.

Aite-Novarica: Modernising core banking systems without the risk
As banks race to achieve 24/7 digital banking, many banks are completely overhauling their core systems. To ensure successful implementation, banks should ensure best practices in enterprise architecture.

Chartis: A new approach to GRC
Increased digitalisation coupled with growing regulation have made governance, risk management and compliance (GRC) a core focus for FIs. As GRC matures, a more comprehensive approach to the discipline must be adopted.

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