BANKING

When Transactions Trust Code: How a Simulator Redefined Banking Scalability

When Transactions Trust Code: How a Simulator Redefined Banking Scalability

A small business owner in Lagos sends a wire transfer to a supplier in London. Seconds later, funds clear securely, seamlessly. In 2024, global wire..

Rethinking Open Banking for a Post-Brexit World

Rethinking Open Banking for a Post-Brexit World

By: Deon Crasto I’ve spent years working in cross-border payments and regulatory compliance, and even I’m amazed by the rate of change..

UK’s FTSE 100 lags European peers as Rolls-Royce, Unilever weigh

UK’s FTSE 100 lags European peers as Rolls-Royce, Unilever weigh

(Reuters) – UK’s FTSE 100 inched down on Monday as rating downgrades on index heavyweights Rolls-Royce and Unilever weighe..

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

By Gnaneshwar Rajan and Surbhi Misra (Reuters) – Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-l..

Revolutionizing Investment Banking: How Dominick Valenti is Shaping the Future of Capital

Revolutionizing Investment Banking: How Dominick Valenti is Shaping the Future of Capital

With 40 years of experience as a Wall Street investment banker, Dominick M. Valenti of Valenti Partners, LLC. has led a s..

BPO sector key to combating rising fraud risk in US banking industry

BPO sector key to combating rising fraud risk in US banking industry

Hans Zachar, Group Chief Information Officer at Nutun By Hans Zachar, Group Chief Information Officer at Nutun Fraud in th..

Transforming Banking: OneUnited’s CEO Kevin Cohee on Proactive Relationship Building

Transforming Banking: OneUnited’s CEO Kevin Cohee on Proactive Relationship Building

Kevin Cohee, OneUnited Bank Chairman & CEO Kevin Cohee, OneUnited Bank Chairman & CEO 1.How many employees does yo..

ECB hawks push back against bets on more and bigger cuts

ECB hawks push back against bets on more and bigger cuts

  By Balazs Koranyi WASHINGTON (Reuters) -Three European Central Bank officials tried to cool market speculation on bigger intere..

Bank of Portugal cuts growth forecast for this year and next

Bank of Portugal cuts growth forecast for this year and next

By Sergio Goncalves LISBON (Reuters) -The Bank of Portugal on Tuesday lowered the economic growth outlook for this year to 1.6% from t..

Global banking marketing trends: Navigating the future of finance

Global banking marketing trends: Navigating the future of finance

Matt Caiola By Matt Caiola, co-CEO of 5WPR, a leading PR agency. The global banking industry is undergoing a profound tra..

Swiss banks fret over sanctions risk to wealth business

Swiss banks fret over sanctions risk to wealth business

By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..

ECB cuts interest rates as growth dwindles

ECB cuts interest rates as growth dwindles

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..

Bank of England eyes growth with lighter bank capital reforms for UK lenders

Bank of England eyes growth with lighter bank capital reforms for UK lenders

By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..

German bank shares slide, DAX underperforms

German bank shares slide, DAX underperforms

  LONDON (Reuters) – German bank shares were among the worst performing European equities on Tuesday, as a selloff in U.S. ..

Wall Street follows world stocks higher ahead of central bank actions

Wall Street follows world stocks higher ahead of central bank actions

By Stephen Culp NEW YORK (Reuters) -U.S. stocks moved higher on Monday, following their European counterparts, as markets looked ahead..

Germany plans to reduce Commerzbank stake as stability restored

Germany plans to reduce Commerzbank stake as stability restored

  (Reuters) – Germany intends to reduce its stake in Commerzbank AG as the lender is stable again years after its rescue in..

Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll

Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll

  By Pranoy Krishna BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will leave its key interest rate unchanged on Thursday..

HSBC looks to double UK wealth business as banks target ‘mass affluent’

HSBC looks to double UK wealth business as banks target ‘mass affluent’

  By Lawrence White and Sinead Cruise LONDON (Reuters) – HSBC aims to double the assets under management in its British wea..

Bank of England to deliver one more rate cut this year, economists say: Reuters poll

Bank of England to deliver one more rate cut this year, economists say: Reuters poll

By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut interest rates just once more this year, in November, a..

Equals Money announces innovative new “Banking-as-a-Service” product

Equals Money announces innovative new “Banking-as-a-Service” product

Equals Money announces innovative new “Banking-as-a-Service” product Businesses will be empowered to offer digital payment and card so..

ECB to set up June rate cut after rapid disinflation

ECB to set up June rate cut after rapid disinflation

ECB to set up June rate cut after rapid disinflation By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central ..

Adapting Three Lines of Defense (LoD) to navigate through ever-changing Banking Regulations: A Perspective from Banking Compliance Transformation Expert Kinil Doshi

Adapting Three Lines of Defense (LoD) to navigate through ever-changing Banking Regulations: A Perspective from Banking Compliance Transformation Expert Kinil Doshi

Adapting Three Lines of Defense (LoD) to navigate through ever-changing Banking Regulations: A Perspective from Banking Compliance Tra..

Why SVB failed and the continued importance of smart regulation in finance

Why SVB failed and the continued importance of smart regulation in finance

Why SVB failed and the continued importance of smart regulation in finance The rapid and shocking collapse of the Silicon Valley Bank ..

Transforming Complaints Management in the Banking Sector with Artificial Intelligence: A Paradigm Shift

Transforming Complaints Management in the Banking Sector with Artificial Intelligence: A Paradigm Shift

Transforming Complaints Management in the Banking Sector with Artificial Intelligence: A Paradigm Shift The digital age has seen a gro..

illimity: Pioneering innovation in banking for a better future

illimity: Pioneering innovation in banking for a better future

illimity: Pioneering innovation in banking for a better future By Filipe Teixeira, CIO of illimity In the ever-evolving la..

Adopting a network approach will be crucial for navigating complex PSR reimbursement risk in 2024

Adopting a network approach will be crucial for navigating complex PSR reimbursement risk in 2024

Adopting a network approach will be crucial for navigating complex PSR reimbursement risk in 2024 The Payment Systems Regulator (PSR) ..

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit

Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit By Nivedita Balu (Reuters) – Canada on Thursday approved Roy..

Exclusive-Four banks quit initiative assessing climate targets-sources

Exclusive-Four banks quit initiative assessing climate targets-sources

Exclusive-Four banks quit initiative assessing climate targets-sources By Tommy Wilkes LONDON (Reuters) -Four major banks, including S..

Euro zone’s shadow banks face risk of margin calls, ECB says

Euro zone’s shadow banks face risk of margin calls, ECB says

Euro zone’s shadow banks face risk of margin calls, ECB says FRANKFURT (Reuters) – Euro zone shadow banks face the risk of..

Are outdated access controls holding back digital banking innovation?

Are outdated access controls holding back digital banking innovation?

By Stuart Hodkinson, VP EMEA, PlainID Although the banking industry has had a long history of developing effective acces..

Bridging the gap: Unravelling the connection between fraud detection and aml

Bridging the gap: Unravelling the connection between fraud detection and aml

Bridging the gap: Unravelling the connection between fraud detection and aml By Wiebe Fokma, Director Advisory (EMEA) at ..

A new era of open banking is here: A look at the future of payments 

A new era of open banking is here: A look at the future of payments 

A new era of open banking is here: A look at the future of payments  By Eric Shoykhet, CEO of Link Money, a US-based open..

Banks need better model risk management – Here’s how to build a robust framework

Banks need better model risk management – Here’s how to build a robust framework

Banks need better model risk management – Here’s how to build a robust framework By Kshitij Jain, Senior Vice Presi..

Nearly half of banking customers say they are missing the human connection in banking

Nearly half of banking customers say they are missing the human connection in banking

Nearly half of banking customers say they are missing the human connection in banking Research released today shows that banking custo..

Why challenger banks need to capture the hearts and minds of today’s consumers to become the number one choice in the retail banking sector

Why challenger banks need to capture the hearts and minds of today’s consumers to become the number one choice in the retail banking sector

Why challenger banks need to capture the hearts and minds of today’s consumers to become the number one choice in the retail banking s..

Open Banking: The Game-Changer in Digital Finance Products

Open Banking: The Game-Changer in Digital Finance Products

Open Banking: The Game-Changer in Digital Finance Products The financial services landscape has undergone a seismic shift, with Open B..

The future of artificial intelligence in banking and finance

The future of artificial intelligence in banking and finance

Artificial Intelligence (AI) in banking and finance refers to the application of advanced computational algorithms and machine learni..