Banking
Banking
Why Digital Transformation at Banks Sucks Right Now (and How to Fix It)
Banking
Basisbank Named Best Private Bank Georgia 2024 at the Global Banking & Finance Awards®
Banking
Next-Gen Banking: How Financial Institutions Can Boost Engagement Now
Banking
Global Reach, Local Impact – Why Relocation Is Key for Banking Success
HSBC Looks to Double UK Wealth Business as Banks Target ‘mass Affluent’
Date: August 23, 2024
By Lawrence White and Sinead Cruise LONDON (Reuters) – HSBC aims to double the assets under management in its British wealth business to 100 billion pounds ($131 billion) in the next five years, the division’s head told Reuters, joining rivals in targeting more fee income from the UK’s ‘mass affluent’. The lender aims to...
Bank of England to Deliver One More Rate Cut This Year, Economists Say: Reuters Poll
Date: August 22, 2024
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut interest rates just once more this year, in November, a majority of economists said in a Reuters poll, as British inflation is expected to stay above target. At the August meeting, the Monetary Policy Committee trimmed Bank Rate to 5.00% from a 16-year...
Poland’s Top Lender Pko Bp Q2 Profit Quadruples on Core Business, Low Provisions
Date: August 22, 2024
GDANSK (Reuters) – Poland’s biggest bank PKO BP said on Thursday second-quarter net profit quadrupled year-on-year, beating market expectations, mainly fuelled by a strong uptick in core business performance, as well as a drop in legal provisions for Swiss franc mortgage loans. Profit for the period climbed to 2.35 billion zlotys ($611.61 million) while...
Banks Can’t Afford to Sacrifice Customer Experience at the Altar of Security
Date: August 5, 2024
By Grant Wild, CEO and Managing Director of government and private sector IT company Wild Tech People working in the banking sector must feel like they are attached to four horses, one limb per horse, and those horses all galloping in different directions. There’s the commercial imperative to innovate and “go digital.” There’s the reality that...
Is an ESG Focus Helping Banks Maintain a Role in the Community?
Date: July 29, 2024
The go greener agenda is gaining traction across every industry, as we all consider how to generate more sustainable ways of working for the future. The financial services industry is no exception, and it is not only influencing how customers are served banking solutions, but also consumer attitudes towards their provider and their overall brand...
The Open Banking Challenge: Ensuring Compliance With API Standards for the Financial Industry
Date: July 11, 2024
By Jamie Beckland, Chief Product Officer at APIContext For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a powerful combination that streamlines how financial data is exchanged. Moreover, APIs reduce IT complexity and simplify financial transactions for the financial industry. However, as this landscape evolves, particularly with API usage increasing, meeting regulatory...