banking
Banking
Traditional banks and closing the digital divide.
Banking
From process to experience: the next frontier is engagement banking
Banking
The new breed of banking employees
Banking
Request to Pay – Where is the Industry Heading?
Developing a Disaster Recovery Plan for Banks
Date: February 28, 2022
Banks and financial institutions are constantly expanding their online presence to meet customer needs. From simple tasks like checking account balances to complex services such as money transactions, customers can do it all in a few steps on their computers or smartphones. However, this advancement in technology is also accompanied by a significant rise in...
3 ways the banking sector can overcome the challenge of change and control
Date: February 24, 2022
By Michael D’Onofrio, CEO, Orbus Software The Greek philosopher, Heraclitus, said that “change is the only constant in life.” This is something we have certainly experienced throughout the pandemic. Ecommerce accelerated, we shifted to a remote/hybrid working model and we’re seeing a whole new focus on digital transformation. When we look at the banking sector,...
Major buyers of Russian oil struggle with bank guarantees -sources
Date: February 24, 2022
By Dmitry Zhdannikov and Julia Payne LONDON (Reuters) – The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil struggling to secure guarantees at Western banks or find ships to take crude from one of the world’s largest producers. At least three major buyers of...
UniCredit shares open down 8% on Ukraine crisis
Date: February 24, 2022
MILAN (Reuters) – Shares in UniCredit, whose Russian arm is one of the largest lenders in the country, fell as much as 8% on Thursday, before triggering an automatic trading suspension, hit by the escalation of the Ukraine crisis. Russian forces fired missiles at several cities in Ukraine and landed troops on its coast on...
Sterling falls versus dollar, holds ground against euro
Date: February 24, 2022
By Stefano Rebaudo (Reuters) – Sterling fell against the dollar but stood its ground versus the euro as investors rushed into safe-haven assets after Russia launched an all-out invasion of Ukraine by land, air and sea. Ukraine’s President Volodymur Zelenskiy said Kremlin leader Vladimir Putin’s aim was to destroy his state, while U.S. President Joe...
Lloyds on ‘heightened alert’ for Russian cyberattacks on banks – CEO
Date: February 24, 2022
By Iain Withers LONDON (Reuters) -Britain’s biggest domestic lender Lloyds said on Thursday it was on “heightened alert” for cyberattacks from Russia as the crisis in Ukraine has worsened. “We’ve been on heightened alert… internally around our cyber risk controls and we’ve been focused on this now for quite a while,” Lloyds CEO Charlie Nunn...