International Finance

Category : Banking

Banking

KPMG International aggregated revenue for FY16 is $25.42 billion

Growth driven by investments in innovation, alliances and people December 14, 2016: KPMG International announced aggregated network revenues of $25.42 billion for the fiscal year ending September 30, 2016 (FY16), representing an 8.0% increase in local currency terms. “KPMG’s strong FY16 results, in what remains a slow-growth global environment, are a testament to the passion and innovative thinking we...
Banking

Implementing digital for banks and insurance

How financial institutions can develop digital strategies as bricks and mortar become obsolete Alejandro Gonzalez & Pedro Fernández December 9, 2016: The way customers interact with banks and insurance companies has changed: according to Eurostat and The Financial Brand, as much as 40% of banking customers in the EU are active online banking users. That...
Banking

PBF Solutions helps new challenger banks attract UK savers

Fintech and marketing specialist attracts £2.6 billion in deposits December 6, 2016 : Financial technology and marketing services specialist PBF Solutions has announced that it has attracted over £2.6 billion in deposits and processed over 140,000 customer applications in just three years for new entrant challenger banks and overseas banks either entering the UK retail banking...
Banking

How to thrive in the era of ‘Banking 3.0’

Soon banking will no longer be ‘somewhere you go, but something you do’ Amin Lalani December 6, 2016: Today’s customers live in a hyper-connected society where their everyday lives and virtual networks are closely interrelated. Citizens want to go online anytime, anywhere, on any device. They want to experience high quality content and applications from...
Banking

Verifone ropes in leading Danish retailers

Dagrofa and REMA 1000 will offer consumers more cashless pay options at checkout November 30, 2016: Verifone (NYSE: PAY), a global provider of payments and commerce solutions, announced that Denmark’s third largest retail company Dagrofa and the country’s fastest growing discount chain REMA 1000 have selected Verifone to enable more options for the way consumers shop...
BankingFinance

Ireland not keen to host high-risk trading post-Brexit

Risks and scale have prompted this cautious response from Dublin November 29, 2016: Ireland has indicated to a number of large investment banks that it would be hesitant to host large trading operations. The Irish central bank has signalled in talks with banks that they would encounter serious hurdles to gain regulatory approval for these...
BankingFinance

‘Banks in Afghanistan want to convert difficulties into opportunities’

Interview with CEO of Azizi Bank IFM Correspondent November 28, 2016: Dr Mohammad Salem Omaid is the President and CEO of Azizi Bank. Prior to this, he has been the Deputy CEO of the bank for more than five years. Dr Omaid has been a great influencer and motivator in structuring the bank and guiding...
BankingFinance

Sweden’s Riksbank contemplates digital currency

Could potentially develop a new payment system after seeing a substantial dip in the use of conventional currency IFM Correspondent November 22, 2016: Sweden’s central bank — Riksbank — is considering the option of using digital currency. This is mainly due to the fact there has been a drastic decrease in the use of notes...
BankingFinance

Metro Bank launches internet banking platform

Will support fast-growing customer base and enhance users’ online experience November 22, 2016: As part of their commitment to provide consumers with innovative offerings and customer-centric banking experiences, Metro Bank launched a commercial internet banking platform marking yet another disruptive step for the challenger bank. Since its launch in 2010, Metro Bank has demonstrated an...