Banking
Banking
How Banks Can Boost Customer Loyalty to Weather the Cost-Of-Living Storm
Banking
In 2023, Necessity Will Drive Banking Innovation
Banking
Hawkish ECB Comments Push up Rate-Hike Expectations
Banking
Banking in the Year Ahead: Industry Standards and Digital Transformation Become Business Practice
The Future of Digital Banking and the Growth of Cheaper, Faster and Better Services Online
Date: February 15, 2023
By Jeff Parker, Managing Director International at Marqeta. For the new breed of challenger banks, and those existing banks looking to get ahead, digital banking is a key strategy in the race to increase customer engagement and extend lifetime value. After a surge in adoption post-COVID, mobile wallets and contactless payments have held firm as...
Bank of England Officials Split Over Future Path for Rates
Date: February 9, 2023
By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need to go to tame inflation, with Governor Andrew Bailey stressing the uncertainty of the outlook, a week after the BoE suggested its run of rate hikes might be peaking. Monetary Policy Committee members struck contrasting...
Should Banks Make ‘personalised Customer Experiences’ a Priority?
Date: February 9, 2023
By Matthew Biboud Lübeck, VP EMEA at Amperity A 10% improvement in customer data quality can be linked to a 5% improvement in customer responsiveness, according to Gartner. So in today’s hugely-competitive global marketplace and with the shadow of recession ahead, can financial organisations afford the reputational and bottom line impact caused by siloed data...
First Abu Dhabi Bank Could Renew $35 Billion Offer for StanChart -Bloomberg News
Date: February 9, 2023
By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a potential offer for Britain’s Standard Chartered, once lock-up rules from its previous aborted bid expire, Bloomberg News reported on Thursday. StanChart shares rose as much as 9% on the news report. A StanChart spokesperson declined...
2023 Banking Outlook: 6 Key Trends That Will Impact the Industry
Date: February 9, 2023
By John da Gama-Rose, Head of Banking & Financial Services, Global Growth Markets, Cognizant Faced with a fragile economy, banks need to double down on providing guidance and high-quality customer experiences in 2023. However, their position as a natural home for financial products and advice is under threat from Fintechs and new market entrants providing...
Italy’s Mps Sees ‘safe Habour’ Ahead After Strong Quarter
Date: February 8, 2023
By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena (MPS) on Wednesday joined peers in solidly beating profit forecasts, thanks to a boost from higher interest rates. MPS also began to reap the benefits of cost cuts in the fourth quarter ending Dec. 31, after using part of the proceeds from...