Saturday, Apr 20, 2024

International Finance

Category : Banking

HDFC Bank selects Backbase to upgrade its digital banking experience

International Finance Desk
by International Finance Desk
Backbase will play a key role in delivering HDFC Bank’s next generation of banking architecture October 5, 2016: HDFC Bank Ltd., one of India’s premier banks, providing innovative products and smart banking solutions to over 37 million customers across India, has selected Backbase, the omni-channel digital banking market leader, to deliver its new digital omni-channel...
Read more

British bankers: London will remain Europe’s financial centre

International Finance Desk
by International Finance Desk
51% believe Britain is in position to negotiate a bespoke trading relationship with the EU November 4, 2016: Synechron Inc, a global financial services consulting and technology services provider, has released findings from its research into short and long-term impacts of Brexit. The study was conducted in partnership with The TABB Group. One of the...
Read more

Falcon Private Bank appoints new Global Head for Products & Services

International Finance Desk
by International Finance Desk
Arthur Vayloyan joins the bank after a long-standing career at Credit Suisse IFM Correspondent November 23, 2016: Falcon Private Bank has appointed Arthur Vayloyan as the Global Head of Products & Services and Member of the Executive Board, effective December 1, 2016. Arthur Vayloyan has almost 25 years of banking experience. He joins Falcon Private Bank...
Read more

Bank of England governor to continue till 2019

International Finance Desk
by International Finance Desk
Mike Carney to stay till Brexit negotiations get over IFM Correspondent November 1, 2016: Bank of England governor Mike Carney has ended days of speculation by announcing that he will step down in June 2019, still two years short of a full term. He said he recognises the importance ‘to the country of continuity during...
Read more

Access to credit for ‘unscoreable’ consumers and entrepreneurs

International Finance Desk
by International Finance Desk
New agreement between FICO and EFL can help millions of consumers in emerging markets October 26, 2016: As part of its FICO Financial Inclusion Initiative, analytic software firm FICO has announced a strategic partnership with EFL Global to expand credit scoring options for lenders and consumers in markets outside the US. FICO will offer EFL’s...
Read more

Europe may be at the mercy of US banks

International Finance Desk
by International Finance Desk
US banks are about to surpass their European counterparts in the European investment bank market, which could, in the future, be dominated by the big five American banks Dirk Schoenmaker & Charles Goodhart October 25, 2016: The European banking system is downsizing. As a consequence, the big US investment banks are on the rise in...
Read more

UK millennials uneasy sharing personal info to open bank accounts

International Finance Desk
by International Finance Desk
Nearly half of respondents expressed security concerns about entering and viewing banking information on a mobile device October 21, 2016: A new research report released found that while millennials depend on their digital devices, they are still uneasy sharing personal information to open bank accounts. The report, UK Millennial Study: Privacy vs. Customer Experience in...
Read more

Bank consumers: Focus on service to keep me loyal

International Finance Desk
by International Finance Desk
Majority of consumers feel providers don’t value them October 21, 2016: A report released by marketing technology company, Wiraya highlights that businesses need to overhaul the way they communicate with customers or risk losing them to rivals. An overwhelming 86% of customers who left their bank, energy, mobile or insurance provider in the last six...
Read more

Amicus applies for banking licence

International Finance Desk
by International Finance Desk
May receive licence in 2017 October 19, 2016: Amicus Finance, a leading specialist financial services group, announced that it has submitted a banking licence application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA).  Subject to authorisation it anticipates receiving its banking licence in 2017. The new banking licence will enable Amicus...
Read more

Redwood submits banking licence application

International Finance Desk
by International Finance Desk
Initially, focus will be on UK SMEs in Hertfordshire, Bedfordshire and Buckinghamshire October 17, 2016: Acorn Financial Partners (AFP), a new venture founded and led by Jonathan Rowland, announced that it has submitted a banking licence application to the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).  On authorisation AFP will be called...
Read more