Banking
Banking
How Climate Intelligence Can Bridge the Banking Sector’s Climate Risk Knowledge Gap
Banking
Open Banking Use Cases: A Goldmine of Actionable Intelligence for Banks Willing to Open Up
Banking
Why the Financial Services Sector Should Be Happy Open Banking Was Imposed Upon Them
Banking
How Automation Can Help Nurture Employees in the Banking Industry
What Will Banking Look Like in 10 Years Time?
Date: August 31, 2022
By Tariq Zaid, CEO and Co-founder of Cheddar As we find ourselves living in a world of ever-changing global challenges, the future of banking over the next 10 years will no doubt look very different from today. Digitisation of banking With banking apps increasingly taking the place of in-person visits to the local branch, personal...
How to Encourage a Shift to Digital by the Unbanked in Today’s Cash Conundrum
Date: August 29, 2022
By Mike Peplow, CEO at Paynetics. Mobile banking has become the norm for many people across the country. People are very comfortable using digital wallets and it is no longer an emerging tech. In 2020, 13.7 million people in the UK either didn’t use cash at all or only used it to make a single...
Artificial Intelligence Continues to Expand the Capabilities of Cross-Border Payments
Date: August 24, 2022
Artificial Intelligence (AI) is playing a crucial role in improving the efficiency and security of international cross border transactions in the payments industry, according to Buckzy Payments Inc. Once regarded as a futuristic technology confined to the realm of films and comic books, AI’s science-fiction reputation has given way to practical usage in a fast-growing range...
Winning Customers – the Five Challenge Areas for Traditional and Challenger Banks
Date: August 24, 2022
By Venugopala Dumpala, Practice Head Banking & Financial Services at Firstsource Mobile banking is now the norm. Over 90% of the British public reported using online banking services in 2022 – across traditional and digital-only banks. No surprise that digital wallets, mobile banking apps and personalised FinTech solutions are seeing high investment and growth. Consumers...
How a Customer Centric Approach Can Help Banks Support Consumers With Money Worries
Date: August 24, 2022
By Brandon Aitken, Global Business Director | Financial Services Sector at Webhelp The global pandemic, inflation reaching record heights and the cost-of-living crisis are the perfect storm that has worsened financial situations for many across the globe. In the US, a quarter of Americans say they felt financially stressed all of the last year. And...
Factbox-Big Banks Expected to Rack up More Than $1 Billion in Fines for WhatsApp Use
Date: August 22, 2022
By Angelique Chen (Reuters) – Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 billion in regulatory fines for employees’ use of unapproved messaging tools, including email and apps like WhatsApp. The U.S. Securities and Exchange Commission (SEC) began probing banks’ record-keeping practices relating to the use...