Banking

Image for Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

Banking

Royal Bank of Canada Gets Nod for $10 Billion Purchase of HSBC Unit

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Banking

The Bank of the Future

Image for Four ways payments will change in 2024 – Pay By Bank, digital footpaths, loyalty and insights

Banking

Four Ways Payments Will Change in 2024 – Pay by Bank, Digital Footpaths, Loyalty and Insights

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Banking

Adoption of Open Banking in Europe

Image for Earned Wage Access And Instant Payments Can Help Provide Extra Cheer This Holiday Season

Earned Wage Access and Instant Payments Can Help Provide Extra Cheer This Holiday Season

Date: December 8, 2023

Earned Wage Access And Instant Payments Can Help Provide Extra Cheer This Holiday Season By Rob Nardelli, Director of Commercial Banking, DailyPay As the holiday season approaches, unfortunately, so do additional bills associated with the fun and merriment. Paying bills late is a costly problem for millions of Americans. Half of U.S. adults struggle to...

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Why Do Banks Still Prefer to Keep Business Application Services On-Premise Rather Than on the Cloud?

Date: November 30, 2023

WHY DO BANKS STILL PREFER TO KEEP BUSINESS APPLICATION SERVICES ON-PREMISE RATHER THAN ON THE CLOUD? Chandramouli Sundaram, Senior Vice President Delivery – Data Engineering, Maveric Systems Limited In a bid to modernize businesses, banks, and financial institutions are increasingly using cloud computing. While this is true, the reality is that a larger population of...

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Sergey Kondratenko: FinTech and Open Banking – Trends and Technologies

Date: November 29, 2023

Sergey Kondratenko: Fintech and open banking – trends and technologies Open banking, also known as open banking data, is an innovative practice in the banking industry. It allows third-party financial service providers access to consumer banking and transaction data. Fintech expert Sergey Kondratenko notes that this access is provided through application programming interfaces (APIs), which...

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Benefits of Open Banking

Date: November 21, 2023

Benefits of open banking Open banking has emerged as a transformative force in the financial sector, fostering innovation and enhancing the overall banking experience for consumers and businesses alike. This article delves into the myriad benefits of open banking, shedding light on the positive impact it has on financial services and the broader economy. Enhanced...

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Background Checks in Banks, and Conflicts With Ban-the-Box Laws

Date: November 17, 2023

Background Checks in Banks, and Conflicts with Ban-the-Box Laws Philip M. Berkowitz is the U.S. practice co-chair of Littler’s International Employment Law Practice Group and co-chair of the Financial Services Industry Group. He advises multinational and domestic companies in a wide range of industries on employment-related matters. He can be reached at pberkowitz@littler.com. Numerous federal, state and...

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Fastest Growing Corporate Bank in Georgia in 2023: Basisbank Recognized by Global Banking & Finance Review

Date: November 16, 2023

Fastest Growing Corporate Bank in Georgia in 2023: Basisbank Recognized by Global Banking & Finance Review Basisbank was recognized as the fastest growing corporate bank in Georgia in 2023 at the annual international awards of the influential international publication Global Banking & Finance Review. The award confirms Basisbank’s growth, leadership and delivery of customer-centric offers...