European banks must seize the immense opportunities presented by open bankingInternational FinanceMay 16, 2019December 9, 2019 by International FinanceMay 16, 2019December 9, 2019 The technology has gained prominence because of its ability to supersede archaic interfaces and slow networks in a short time span... Read more
A strategic approach based on value is key to implementation of AI in bankingInternational FinanceMay 16, 2019December 9, 2019 by International FinanceMay 16, 2019December 9, 2019 As AI evolves, analysts believe that the technology will save global banking $1 trillion in operating costs by 2030... Read more
Modulr is moving millions of UK SMEs from ‘bank hours only’ payments processing to the digital ageInternational FinanceMay 16, 2019December 9, 2019 by International FinanceMay 16, 2019December 9, 2019 A tie-up between Sage and UK payments fintech Modulr is bringing much needed innovation to the nation’s payments services... Read more
Environment activists are pushing banks out of African coal projectsInternational FinanceMay 16, 2019December 9, 2019 by International FinanceMay 16, 2019December 9, 2019 Under pressure from climate activists, banks and MNCs like GE are being stopped from financing fossil fuel projects in the continent... Read more
Dewa steps up customer satisfaction efforts with Western Union tie upInternational FinanceMay 16, 2019December 9, 2019 by International FinanceMay 16, 2019December 9, 2019 The partnership between both companies focuses on customer happiness—a particularly challenging task to sustain in the long run... Read more
Implementing technical and organisational measures to defend against cyber risks the priority for UK FIs in 2019International FinanceMay 15, 2019December 9, 2019 by International FinanceMay 15, 2019December 9, 2019 The Financial Conduct Authority in its latest report says lack of technical expertise within organisations is the reason they are unable to mitigate risks... Read more
Trulioo builds a universal verification system for the borderless worldInternational FinanceMay 15, 2019December 9, 2019 by International FinanceMay 15, 2019December 9, 2019 Canadian RegTech startup’s API helps verify two thirds of the world population with just a few lines of code... Read more
Historical performance of prime central London property prices over rule Brexit fearsInternational FinanceMay 15, 2019December 9, 2019 by International FinanceMay 15, 2019December 9, 2019 The stagnant property rates and the drop in pound value means good for the City—the slowdown can push global HNIs to start investing... Read more
Is a multilingual app really an advantage in digital banking?International FinanceMay 15, 2019December 9, 2019 by International FinanceMay 15, 2019December 9, 2019 UK digital bank Monese’s customers who travel from country to country can do business in their own languages... Read more
Banks with a digital core using APIs better placed to take full advantage of new open banking regulationsInternational FinanceMay 15, 2019December 9, 2019 by International FinanceMay 15, 2019December 9, 2019 Technology, valuable customer data, and the public trust to use and share that data gives banks a distinct competitive advantage... Read more