banking
Banking
Rate of bank loan defaults set to rise across the eurozone, while growth in lending slows from the pandemic peak
Banking
What the admonishment of Barclays/Lloyds means for Open Banking APIs
Banking
Egypt’s central bank, citing inflation, hikes interest rates 200 bps
Banking
Deutsche Bank partners with FinLync to provide instant access to real-time treasury for corporates
Can banks achieve digital transformation without a product manager?
Date: May 18, 2022
By Malte Scholz, CEO and founder, airfocus Everyone in technology and business is aware of the pace of digital transformation. It was fast before 2020, but since the pandemic, it’s become even faster still. With the immediate requirement for a more digital approach, digital transformation became a key priority for banks and other Financial Services...
Why cash will be around for longer than some consumers and brands may want
Date: May 18, 2022
By Rebecca Crook, Chief Growth Officer, Somo, a digital product agency One of the key things Covid accelerated was the move towards a cashless society. People didn’t want to handle cash so companies stopped accepting it. This has now been adopted as the norm moving forward for many restaurants, bars and even tradespeople who would...
Stay Out of the Headlines: Reduce Payment Fraud
Date: May 18, 2022
By Bob Stark, Global Head of Market Strategy, Kyriba According to the 2022 AFP Payments Fraud and Control Survey, 92% of finance leaders observed that fraud in 2021 was as bad as, if not worse, than the year before. As payment fraud continues to be a major concern for all types of organizations, state and...
Banks must act now to navigate the effects of climate change
Date: May 17, 2022
By Peter Grant, President and Chief Commercial Officer of OakNorth Credit Intelligence There will continue to be a symbiotic relationship between climate change, credit risk management and commercial lending going forward, and banks across the United States, and indeed globally, are keeping a keen eye on this. According to a survey conducted at OakNorth’s latest...
EU financial institutions prepare for instant payments regulations
Date: May 17, 2022
By Paul Fannon, Managing Director, Global Business Solutions, Bottomline Technologies The buzz around pan-European regulations for instant payments has faded a bit since Mairead McGuinness, European commissioner for financial services, told a conference in February that regulations for the region will be taken up this autumn. Kind of like halftime at a football match, isn’t...
Top Cyber Threats Faced by Banks
Date: May 12, 2022
By Darren Williams, CEO and Founder, BlackFog The financial sector has been a frequent target of sophisticated cyberattacks in recent years with banks being the most common victims. Last year, almost 47% of all financial data breaches were targeted at banking organisations. This influx of threats was evidently a result of increased digital banking and...