Banking
Banking
Moving Towards Sustainable Banking for Competitive Growth and Renewed Client Orientation
Banking
The Great Resignation: Why the Battle for UK Talent Sees the Banking Sector Plummet to the Bottom of the League in 2022
Banking
Rate of Bank Loan Defaults Set to Rise Across the Eurozone, While Growth in Lending Slows From the Pandemic Peak
Banking
What the Admonishment of Barclays/Lloyds Means for Open Banking APIs
Egypt’s Central Bank, Citing Inflation, Hikes Interest Rates 200 Bps
Date: May 19, 2022
CAIRO (Reuters) -The Central Bank of Egypt (CBE) on Thursday raised its overnight interest rates by 200 basis points, seeking to contain inflation expectations after prices soared by their quickest in three years. The bank’s Monetary Policy Committee (MPC) increased the deposit rate to 11.25% from 9.25% and the lending rate to 12.25% from 10.25%,...
Deutsche Bank Partners With FinLync to Provide Instant Access to Real-Time Treasury for Corporates
Date: May 19, 2022
Partnership with FinLync accelerates adoption of real-time treasury among corporates, reducing IT efforts and time spent for treasurers connecting to Deutsche Bank APIs Deutsche Bank today announced its partnership with FinLync, a global fintech company offering products that are transforming corporate finance and treasury offices. FinLync’s pre-built API integrations and SAP-embedded treasury applications will enable...
Can Banks Achieve Digital Transformation Without a Product Manager?
Date: May 18, 2022
By Malte Scholz, CEO and founder, airfocus Everyone in technology and business is aware of the pace of digital transformation. It was fast before 2020, but since the pandemic, it’s become even faster still. With the immediate requirement for a more digital approach, digital transformation became a key priority for banks and other Financial Services...
Why Cash Will Be Around for Longer Than Some Consumers and Brands May Want
Date: May 18, 2022
By Rebecca Crook, Chief Growth Officer, Somo, a digital product agency One of the key things Covid accelerated was the move towards a cashless society. People didn’t want to handle cash so companies stopped accepting it. This has now been adopted as the norm moving forward for many restaurants, bars and even tradespeople who would...
Stay Out of the Headlines: Reduce Payment Fraud
Date: May 18, 2022
By Bob Stark, Global Head of Market Strategy, Kyriba According to the 2022 AFP Payments Fraud and Control Survey, 92% of finance leaders observed that fraud in 2021 was as bad as, if not worse, than the year before. As payment fraud continues to be a major concern for all types of organizations, state and...
Banks Must Act Now to Navigate the Effects of Climate Change
Date: May 17, 2022
By Peter Grant, President and Chief Commercial Officer of OakNorth Credit Intelligence There will continue to be a symbiotic relationship between climate change, credit risk management and commercial lending going forward, and banks across the United States, and indeed globally, are keeping a keen eye on this. According to a survey conducted at OakNorth’s latest...