banking
Banking
Germany’s journey from cash to contactless – are biometric payment cards the logical next step?
Banking
Frozen or terminated bank accounts: What can you do?
Banking
Do customers care about Open Banking, or do they need more education?
Banking
From Discovery to Delivery: Making Product Innovation Accessible in Banking
Personalisation is not a bonus for a bank’s customers, it’s the expected bottom line
Date: June 28, 2022
By Bentzium Aviv, EMEA financial services, Amdocs In the past, personalisation has been seen as something of a ‘nice to have’ in some parts of the financial services sector. Those days are over. Digital-first brands like Netflix and Uber, e-commerce retailers such as Asos and the growing pool of fintechs like Monzo and Starling are...
Banking-as-a-Service is Changing the Future of Fintech
Date: June 28, 2022
By Ion Fratiloiu, Head of Commercial, Yobota The Financial Services (FS) industry continues to undergo rapid change. Recently, there has been an influx of new financial products into the market. As consumers are faced with more choice than ever before, the rise of Buy Now, Pay Later (BNPL) products provides a shining example of an...
Banks rally after stress test, Bank of America underperforms
Date: June 24, 2022
By Sinéad Carew (Reuters) -Shares in some of the biggest U.S. banks rallied on Friday after they passed the Federal Reserve’s annual health check, but Bank of America underperformed with test results implying it needs a larger-than-expected capital buffer, which could limit share buybacks and dividends. While the broader equity market also rallied on Friday,...
The unforeseen consequences of cyber security and hybrid working during the pandemic: the impact for the banking sector
Date: June 22, 2022
By Manoj Mistry, Managing Director, IBOS Association The COVID-19 pandemic had many unforeseen consequences, not least its impact on cyber security and hybrid working. At first blush, these distinctly different issues would appear to have very little in common, but the pandemic served as a critical nexus for the banking sector as they overlapped with...
Digital Banking: Why it’s essential to embrace communications software
Date: June 21, 2022
By Brian Heikes, Director Product Management at Webex Connect In recent years, there has been a seismic shift in the way that customers want to interact with businesses. Advances in technology and changes in behavioural patterns, in part brought on by the COVID-19 pandemic, have created a perfect storm that have left many businesses trailing...
The Open Banking Market Lacks Standardized Global Regulation: Why it’s a Problem
Date: June 21, 2022
By Nathanael Coffing, Co-Founder & CSO of Cloudentity Open Banking is dramatically changing the way financial institutions, investment companies and fintech organizations transact in the digital economy. The market is rapidly growing, with the industry expected to reach $43.15 billion by 2026. Open Banking puts the ownership of financial data back in the users’ hands...