banking-technology
BankingBanks Rally After Stress Test, Bank of America Underperforms
BankingSantander Appoints Grisi as New CEO to Oversee Growth, Digital Push
Top StoriesUK Watchdog Proposes Tougher Curbs on Bank Branch Closures
Top StoriesCheers and Some Jeers as Prince Harry and Meghan Return to UK
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...
Top Cyber Threats Faced by Banks
Date: May 12, 2022
By Darren Williams, CEO and Founder, BlackFog The financial sector has been a frequent target of sophisticated cyberattacks in recent years with banks being the most common victims. Last year, almost 47% of all financial data breaches were targeted at banking organisations. This influx of threats was evidently a result of increased digital banking and...
Overdraft Reform: A Guide to the Essential Elements Needed
Date: May 9, 2022
Banking fees are only part of the problem in the great overdraft debate By Joel Schwartz, Co-CEO, DoubleCheck Solutions Banking is a business, and its primary goal is making money. As a result, the ongoing overdraft debate has focused mainly on fees. As a result of the ongoing discussion, several banks have already reduced or...
EU Ministers to Set Out on Long Road to Complete Banking Union
Date: April 29, 2022
By Christian Kraemer and Jan Strupczewski BERLIN/BRUSSELS (Reuters) – European Union finance ministers will take a step towards completing the bloc’s banking union on Tuesday by agreeing on a long roadmap of when and how to agree on the still missing elements, a draft statement of the ministers showed. The EU’s banking union, launched at...
Pope Names New Paris Archbishop After Predecessor’s Resignation
Date: April 26, 2022
VATICAN CITY (Reuters) – Pope Francis has named Archbishop Laurent Ulrich to be the new head of the Roman Catholic Church in Paris, five months after the previous archbishop resigned over reports of a relationship with a woman. Laurent, 70, has been archbishop of the French city of Lille since 2008. The Vatican announced his...
Six Things You Should Know About the Financial-Grade API (fapi) Specification
Date: April 12, 2022
By Rory Blundell, CEO at Gravitee There has been a global move to digital infrastructure for all kinds of diverse global systems, covering everything from banking and finance to health, intellectual property, and supply chain management. APIs are both ‘the glue’ and ‘the product’ in these systems: on a technical level, they enable systems to...