Fitch says Indian banks to face $65 billion capital shortage by FY19
Stressed loans in Indian banks hit a record $150 billion at the end of December...
Tag : banking
The Commonwealth Bank of Australia announces changes in its Board of Directors
The board will witness a new appointment, a re-election and retirement of two of its members...
Ohpen secures €15 million Series B financing at €100 million valuation
Core banking provider is market leader in the Netherlands...
The iPhone has helped to revolutionise retail banking
Consumers should watch out for the upcoming ‘marketplace’ banking...
Online bank services are not everything
In-branch services make all the difference...
Dispute resolution is the key to unlocking the Islamic finance industry
It would be ideal if all Islamic finance disputes were adjudicated in one centre through arbitration according to a standardised dispute resolution contract...
Anti-money laundering requirements: are the stakes increasing?
Sophisticated techniques for detection of suspicious activity require someone with a level of knowledge and understanding — more than just ‘an analytics person’ Colin Bristow March 17, 2017: Part 504 of the US Department of Financial Services Superintendent’s Regulations seems to be significantly upping the requirements for firms to put in place an ongoing review...
Greater interest in savings and investment products
UK private banking and wealth management sector calls for ‘a measured and appropriate regulatory regime’ to ensure London remains a global centre of excellence February 2, 2017: The Private Banking and Wealth Management (PBWM) industry has experienced significant growth in assets in recent years, boosting broader UK economic growth and helping individuals and families plan...
Uniformity across Direct Banking channels gives a boost to Odeabank
Now, Direct Banking channels account for 83% of all transactions of the Turkish bank January 6, 2017: Having entered the Turkish banking industry at the end of 2012, Odeabank maintained steady growth and continued to solidify strong achievements. It capitalised on its competitive strength to rank 8th among private deposit banks and 9th in total...
Top 5 ways consumers can avoid overdraft fees
Some tips by Robin L. Wiessmann, Secretary of Banking and Securities, Pennsylvania January 5, 2017: With Americans paying more than $11 billion in overdraft checking fees in 2016, Secretary of Banking and Securities Robin L. Wiessmann is advising consumers on ways they can save money and avoid overdraft fees, which can cost $20-$45 per transaction. “An overdraft is when the amount...