Banking
Banking
The Past, Present, and Future of Digital Banking
Banking
How Banking and FinTech Can Win Over Wary Consumers
Banking
Building Operational Resilience – Prepare for Risk Events or Get Punished
Banking
How Digital Agreements Transform the Smb Banking Experience
Factbox-Global Banks Take Axe to Jobs as Cost Pressures Mount
Date: December 2, 2022
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and layoffs. Rising cost pressures as a result of inflation and shrinking revenues in many core business lines amid volatile markets are making bank bosses nervous about profitability in 2023. The following major...
Disruption – Can Traditional Banks Fight Back?
Date: December 2, 2022
By Philippe De Backer, Global Leader, Financial Services Practice, Arthur D. Little Juan Gonzalez, Partner, Financial Services Practice, Arthur D. Little The disruptive rise of fintechs leads many to believe that the traditional, universal bank is doomed. Through their digital-first model, lower cost structure, lower capital requirements and greater flexibility, the new breed of fintech...
Global Central Banks Extend Rate Hike Push in November
Date: December 2, 2022
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in November picked up speed again as policy makers around the globe battle decade high inflation. Central banks overseeing six of the 10 most heavily traded currencies delivered 350 basis points (bps) of rate hikes...
3 Ways Financial Institutions Should Adapt to Improve Customer Experience in Challenging Times
Date: November 30, 2022
By Leigh Hopwood, CEO of CCMA (Call Centre Management Association of the UK) and Mike Orlic, Vice President for EMEA at TTEC See and Hear Leigh and Mike discuss Why brands should focus on CX in challenging times | TTEC EMEA It’s no secret the challenges facing financial institutions today in many countries in Europe. With...
Analysis-RBC Tightens Grip at Home With $10 Billion HSBC Canada Bid, Regulatory Risks Loom
Date: November 30, 2022
By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Canada unit for C$13.5 billion ($10 billion) strengthens its pole position at home, but faces a long road to clear regulatory challenges. The deal is the biggest acquisition for RBC CEO Dave McKay and marks a...
Completed It? Far From It – Banks Have Only Just Started Their Digital Transformation
Date: November 29, 2022
By Ove Kreison, CTO at Estonian core banking provider Tuum. Digital transformation has dominated industry discussion for years in banking, but while many can talk the talk, few have shown they can walk the walk. Despite the shiny appearance of modern banking apps and access to our finances more quickly and conveniently than ever before,...