Banking
Banking
SocGen Favours Prudence Over High Shareholder Return Before CEO Change
Banking
How Embedded Finance Empowers Online Banking for the Expat Community
Banking
Invigorated and Innovative Client-First Approaches Are Expected From Financial Institutions as 2023 Uncertainties Threaten
Banking
Five Critical Factors for Banks’ Climate Risk Management
How Banks Should Approach Their Modernisation Journeys
Date: January 24, 2023
By John da Gama-Rose, Head of BFS, Global Growth Markets, Cognizant Businesses across the world are facing a combination of crises, from inflation to growing energy prices to the long-term consequences of the pandemic. As a result, companies are battling challenges around technological change, talent attraction and retention, as well as fulfilling the environment, social...
How Artificial Intelligence Is Transforming Banking
Date: January 23, 2023
By Ankur Rawat, Director, Products and Solutions, Banking and Financial Services, Newgen Software Banking has transformed over the years. It has come a long way from unorganized peer-to-peer banking to organized branch-based banking, and now digital banking with virtually connected branches, devices, and customers. With digital banking, banks’ focus has shifted to delivering a superior...
ECB Tells Bankers to Get Picky With Risky Clients, Including Hedge Funds
Date: January 13, 2023
FRANKFURT (Reuters) – Euro zone banks must be more selective with customers that make risky bets on financial markets, such as hedge funds, and become more prudent in how they manage their exposure to them, the European Central Bank said on Friday. The ECB’s move shows how regulators are stepping up scrutiny of the role...
What Is the Outlook for BaaS in 2023?
Date: January 13, 2023
By Nikhil Sengupta, Global Sales Director at Vodeno Banking-as-a-Service (BaaS) has empowered companies to embed financial products and services into their ecosystems – in turn, this has also enabled them to improve their customer experience and grow their business. According to a recent McKinsey report, the Total Addressable Market (TAM) of Banking-as-a-Service (BaaS) providers in...
Inflation Fighting Central Bankers Air Climate Role Doubts
Date: January 10, 2023
By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being expected to tackle climate change as well as tame inflation on Tuesday, with Federal Reserve chief Jerome Powell saying the U.S. central bank needed to stay out of politics. “We should ‘stick to our knitting’ and...
Banks Still Need to Learn Lessons From 2022 Crises – BoE Says
Date: January 10, 2023
By Iain Withers LONDON (Reuters) – Banks still need to improve their risk management and learn the lessons from various crises that rocked markets in 2022, regulators at the Bank of England said on Tuesday. The market reaction to Russia’s invasion of Ukraine and turmoil in nickel and British government bond markets highlighted risk deficiencies...