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Unbeknownst to many, modern online banks can trace their roots to Canada when Netherlands-based ING Bank tested its digital banking concept in the late 1990s. Coinciding...
LONDON (Reuters) – Citigroup is expanding its commercial banking operations in Europe, Middle East and Africa (EMEA), looking to take on local banks serving mid-sized companies...
By Karen Brettell (Reuters) – New U.S. bank credit benchmarks are expected to gain traction in the coming months as the deadline to phase out exposure...
(Reuters) – Bank of England Deputy Governor Ben Broadbent has forecast consecutive quarters of rapid growth but also warned that inflation will prove less predictable, according...
By Geoff Boudin, Director at Revive Management The open banking industry is growing by 24% year-on-year, and is expected to be worth more than £31 billion...
ATHENS (Reuters) – Piraeus Bank, one of Greece’s four big lenders, will price its stock offering at 1.15 euros per share, at the upper limit of...
FRANKFURT (Reuters) – Euro zone manufacturers cannot get enough computer chips and other key inputs to keep up with growing demands, resulting in lower economic activity...
Customers want banking and financial transactions to be as easy as shopping on Amazon or ordering takeaways from Deliveroo. Open Banking has the potential to make...
LONDON (Reuters) – The Bank of England published details of communications between former prime minister David Cameron and officials at the central bank relating to failed...
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank left policy unchanged as expected on Thursday, keeping copious stimulus flowing even as it...
As the pandemic puts infrastructure modernization on the fast-track, banks are accelerating their race to the cloud. By Henry Lee, Sr. Risk and Financial Intelligence Consultant...