World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook
World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook By David Lawder WASHINGTON (Reuters) -The World ..
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Online banking: benefits and risks of managing your finances online
Online banking, also known as internet banking, refers to the process of accessing and managing bank accounts and financial transacti..
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How to choose the right service for your international money transfer needs
How to choose the right service for your international money transfer needs Sending money overseas can be a complex and costly process..
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Analysis-Powerful Swiss central bank faces reform calls in wake of Credit Suisse rescue
Analysis-Powerful Swiss central bank faces reform calls in wake of Credit Suisse rescue By John Revill ZURICH (Reuters) – The Sw..
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Swiss National Bank seeks banking regulation review after Credit Suisse crash
Swiss National Bank seeks banking regulation review after Credit Suisse crash BERN (Reuters) – Swiss banking regulation and supe..
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U.S. officials lead urgent rescue talks for First Republic -sources
U.S. officials lead urgent rescue talks for First Republic -sources By Nupur Anand, Andrea Shalal and Greg Roumeliotis NEW YORK (Reute..
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Digital banking: Traditional banks vs. fintech providers
Digital banking: Traditional banks vs. fintech providers By Amit Dua, President, SunTec The global digital banking market..
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Banking stability worries go behind closed doors at IMF-World Bank meetings
Banking stability worries go behind closed doors at IMF-World Bank meetings By David Lawder and Andrea Shalal WASHINGTON (Reuters) ..
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Cash-loving Germans fret over exploding ATMs as cross-border crime wave hits
By Tom Sims and Nette Noestlinger RATINGEN, Germany (Reuters) – In the German town of Ratingen, exploding cash machines are a h..
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Exclusive-U.S. regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios-sources
By David French and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – The Federal Deposit Insurance Corporation (FDIC) has retained..
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Britain’s digital banks need support amid banking turmoil – trade body
By Elizabeth Howcroft LONDON (Reuters) – Britain’s digital banks will need support over the next few weeks and months to h..
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Spain’s Santander reaffirms targets in face of recent market turmoil
By Jesús Aguado MADRID (Reuters) -Spain’s Santander said on Friday it was on track to meet its overall financial targets for 202..
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How banks will evolve to support small business owners
By Matt Brewster, Vice President of Capital, Hello Alice The financial health of small businesses is holdin..
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Hawkish ECB comments push up rate-hike expectations
By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..
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Bank of England officials split over future path for rates
By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need ..
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First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News
By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a p..
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Italy’s MPS sees ‘safe habour’ ahead after strong quarter
By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena (MPS) on Wednesday joined peers in solidly beating..
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Central banks hike rates again, but a pause is coming
LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...
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Inflation fighting central bankers air climate role doubts
By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being..
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Why banks could stand to learn a thing or two about financial inclusion from fintechs
By Julia McColl, Chief Product Officer, Chetwood Financial Despite the dizzying volume of innovation from within the finan..
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ECB’s Centeno says interest rate close to peaking if no new shocks
LISBON (Reuters) – The European Central Bank’s key interest rates should soon hit their peak amid efforts to bring down in..
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Deutsche Bank’s rollercoaster ride towards more stability
(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters..
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Banker bonuses go from boom to bust in jarring reversal
By Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) -Bankers in New York and London are bracing for year-end bo..
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Data: Fake will be the new real in financial services in 2023
By Harry Keen, CEO & Co-Founder, Hazy Data drives valuable innovation in an increasingly digital financial se..
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Visionary banks fight “the blur”: Hybrid computing architecture brings a faster, sharper customer experience
By Jeff Sieracki, Senior Director, Product Management, Lumen Technologies Remember when banking used to be done only in a ..
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End of year overview of the payments industry
By Luke Ladyman, COO and Co-founder of Cheddar Over the past year, the payments industry has gone through some pretty incr..
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Britain urges banks to offer mortgage flexibility in cost-of-living crisis
By Huw Jones and Iain Withers LONDON (Reuters) -Britain has called on banks to support households finding it difficult to make payment..
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Why You Should Use a Mobile Banking App – and How to Make the Most of It
Mobile banking is a wonder of the modern world, and yet it’s also something that not everyone takes advantage of in spite of its many ..
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How Open Banking will change the banking industry in the next 10 years
By James Hickman, CCO of Ecospend. In 2016, the Competition and Markets Authority (CMA) published a report on the UK’s ret..
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What the Future Holds For Financial Institutions in 2023
As 2022 comes to a close, it’s time to reflect on the payments trends we’ve seen erupt this year and discuss w..
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Factbox-Global banks take axe to jobs as cost pressures mount
LONDON (Reuters) – Banks typically trim jobs towards the end of the year, but 2022 has seen a bigger wave of redundancies and la..
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Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks in Novem..
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What is the future of banking in the metaverse?
By Peter Gould, CEO of RendezVerse In the last few decades alone, the banking sector has experienced profound change ̵..
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How can banks overcome the tech trust gap?
By Sanjay Gupta, SVP and MD, Mitek People are depending on their banks more than ever in this tough economic time. Rising ..
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The recent Bank of England meeting, the biggest rate hike, recession warning and the fallout
By Kavan Choksi, successful investor, business management consultant and wealth advisor. B..
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Why are companies implementing crypto payments?
Blockchain is an open-source distributed ledger technology (DLT). It can help create digital asset registries that are shared across p..
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WHY OPEN BANKING IS SAFE?
The question that revolves around everyone’s mind nowadays is that “Is open banking safe.” Open banking is a better approach to bringi..
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