banking
Banking
Is open banking the future of payments?
Banking
Relationship between central banks and commercial banks
Banking
Customer-Centric Banking: Strategies for Enhancing Customer Experience and Loyalty
Banking
Banking Customer Acquisition and Retention: Strategies for Growth and Loyalty
Banking Analytics: Uncovering Insights for Operational Efficiency and Risk Assessment
Date: June 12, 2023
Banking Analytics: Uncovering Insights for Operational Efficiency and Risk Assessment What is banking analytics Banking analytics refers to the practice of using advanced data analytics techniques to gain insights and make data-driven decisions in the banking industry. It involves collecting, analyzing, and interpreting large volumes of data related to various banking activities and processes. The...
Westpac to layoff 300 workers in business and retail unit, says trade union
Date: June 12, 2023
Westpac to layoff 300 workers in business and retail unit, says trade union (Reuters) – Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at a time of strong profit growth amid rising interest rates and soaring inflation, a local trade body said. The Finance Sector Union...
How financial services firms can prepare for the impending FCA Consumer Duty
Date: June 8, 2023
The Financial Consumer Authority (FCA) Consumer Duty will revolutionise customer protection. Here’s how fintech and financial services firms can best prepare for the upcoming Duty implementation. The FCA Consumer Duty is a new set of rules that will come into effect on 31 July 2023. It sets higher and clearer standards of consumer protection...
Home Improvement Loans: Funding Your Renovation Projects
Date: June 7, 2023
Undertaking home improvement projects is an exciting endeavor that can enhance the comfort, functionality, and value of your property. Whether you’re planning to remodel your kitchen, renovate your bathroom, or upgrade your outdoor space, such projects require adequate funding. This is where home improvement loans come into play. Home improvement loans provide the necessary financial...
World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
Date: June 6, 2023
WASHINGTON (Reuters) -The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China and other major economies have proven more resilient than forecast, but said higher interest rates and tighter credit will take a bigger toll on next year’s results. Real global GDP is set to climb 2.1% this year, the...
Workload automation and orchestration to eliminate the risks of homegrown scripts for financial institutions
Date: June 5, 2023
Credit unions and banks are under increasing pressure to speed up digital innovation as customers seek more convenient digital banking services. This growing demand may necessitate a change in the way organizations operate within and outside core processes. To keep up with rising consumer demands, IT infrastructures within FIs are becoming more intricate every day. While...