In the world of digitalisation, old trade issues have new consequences. What work is being done, what will a digitised trade finance ecosystem solve and what is needed for benefits to be realised? 

Banks across the world are looking for opportunity in the metaverse, as hype builds around the new technology.

Incorporating digital practices into bond issuance and lifecycle management will bring many benefits, but it is a long and complex journey. However, developments in streamlining workflows and in bond tokenisation bring hope of big changes soon.

Migration to the cloud could be a huge cost-saver for banks, as well as allowing a stronger focus on customers.

Open banking offers opportunities for data-driven business models by allowing customers to share their banking data securely with third parties. The next step is unlocking customer data across the financial sector.

Sustainability is becoming a fintech mainstay, with initiatives launching across the globe.

Africa’s forays into fintech continue apace as a new hub opens in South Africa, while sharing knowledge across the continent continues to be crucial for success.

In addition to developing innovative products, many banks are looking within to better meet the needs of an increasingly digital society.

Some 60% of European users surveyed by McKinsey said they would consider a fully digital solution for all their banking needs, but banks are struggling to profit from online channels.

Ernie Diaz, head of US consumer distribution and wealth, TD Bank, talks about learning how a bank becomes part of a community.