banking
Banking
New Czech central bank governor to be named on Wednesday, no name given
Banking
How can financial institutions better secure their workforce?
Banking
AI in Banking: Beyond the Bots
Banking
How have the preferences of financial services clients changed in the past few years, in terms of how they prefer to interact with their banks?
Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank
Date: May 6, 2022
MILAN (Reuters) – An appeals court on Friday acquitted all 13 defendants, as well as Deutsche Bank and Nomura, over derivative deals that prosecutors alleged helped Monte dei Paschi di Siena hide losses in one of Italy’s biggest financial scandals. Here is a timeline of key events in the recent history of Monte dei Paschi...
Analysis-Banks face reversal of fortune from war and runaway inflation
Date: May 6, 2022
By Sinead Cruise and John O’Donnell LONDON/BERLIN (Reuters) -Global banks are taking steps to weather the wider impact of war and runaway inflation as the stream of central bank money that kept them afloat for more than a decade is switched off. But if policymakers are hoping banks will help avert recession by turning on...
Attention BSA Officers: What the Ongoing War in Ukraine Means for Financial Institution in the U.S.
Date: May 5, 2022
By Rene Perez, Financial Crimes Consultant at Jack Henry & Associates More than two months ago, on February 23rd at 5 a.m. local time, Russia invaded Ukraine. Since then, media channels and social media news feeds around the world have been covering developments daily, including the implementation of economic sanctions on Russia. Since the beginning...
European banks weather Ukraine war in Q1 earnings
Date: May 5, 2022
LONDON (Reuters) – European banks counted the rising cost of war in Ukraine on Thursday as France’s Societe Generale, Credit Agricole and Italy’s UniCredit upped provisions for the conflict without shattering investors’ confidence in their prospects. The Italian lender, one of Europe’s banks most exposed to Russia where it runs AO UniCredit Bank, surprised the...
Tackling fraud: What you need to know about permissioned co-banking
Date: April 28, 2022
By Dr Rachel O’Connell, CEO, TrustElevate, and Aebha Curtis, senior policy and regulatory affairs specialist,TrustElevate The advent of open banking applications heralded a more FinTech-friendly, technologically enhanced financial ecosystem. But what do these APIs mean not only for the future of banking but also for future generations? In the open banking system, financial institutions’ data...
Enabling a digital banking strategy with cloud
Date: April 28, 2022
By Jon Capetz, Strategic Business Consultant, Genesys The way in which customers interact with banks has transformed in the past two years. At the beginning of the pandemic, customers needed access to banking services, from mortgages and loans to savings and investments, while doing so entirely from home. This required banks to quickly act and...