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Banking news worldwide | Page 4

An overview of news, trends and research in the Banking industry in all countries:

Australia

Why do transformations in the financial services sector fail? For Australian financial organizations that launch transformation projects, the success rate tends to be low.
03 July 2024
Saudi Arabia

Saudi’s fintech scene books ‘remarkable progress’ with more to come Saudi Arabia’s fintech sector has grown rapidly over the past years, and is poised for further growth, with the segment at the forefront of innovation and the government maintaining major impetus for
02 July 2024
Australia

More than half of Australians believe AI will improve banking As technology continues to reshape the global banking industry, Australian banks are moving to embrace AI-powered personalised services.
28 June 2024
United Kingdom

Only 14% of financial services firms have AI in corporate strategy The benefits of artificial intelligence for the financial services sector are supposedly massive.
19 June 2024
Middle East

Banks as architects of GCC's digital economy and financial future Open banking and digital payments are among the main technologies that drive digital financial services, write Mukund Bhatnagar, Ather Marwat and Pedro Marques from management consulting firm Kearney
07 June 2024
Lebanon

AFCM partners with Sustainable Square on driving ESG progress The Arab Federation of Capital Markets (AFCM) has signed a memorandum of understanding with Sustainable Square, with the aim of collaborating on initiatives that advance the adoption of ESG and susta
31 May 2024
Netherlands

Responsible Investments: A progressing and changing landscape While the shift to responsible investment to support ESG strategies has been on the rise for some time now, there are a number of significant challenges in the transition, including obstacles to Resp
31 May 2024
United Arab Emirates

UAE banking sector taking more initiative in sustainability The UAE banking sector will play a crucial role in facilitating the country’s shift towards a more sustainable economy.
13 May 2024
Europe

TBC Bank adopts hybrid workplace concept in new Tbilisi HQ TBC Bank, one of Georgia’s largest privately-owned banks, will soon unveil a new landmark office building to house its headquarters in Tbilisi.
03 May 2024
United States

Callahan & Associates acquires CU Strategic Planning Callahan & Associates, a Washington, DC-based research and consulting firm specializing in credit unions, has acquired CU Strategic Planning, a Tacoma, WA-based provider of business planning services
01 May 2024
Europe

The challenges of climate risk stress testing for banks Since the launch of the Climate Risk Stress Test, banks in Europe are obliged to conduct a stress test based on a set of different climate scenarios.
01 May 2024
Asia

Digital and cloud a top priority for financial institutions in APAC Most financial institutions in Asia Pacific see improvements in digital customer experience as a top priority.
27 April 2024
United Arab Emirates

UAE Central Bank selects Accenture for supervisory technology program The Central Bank of the UAE has launched a major digital transformation program aimed at enhancing the way how it supervises financial institutions, selecting Accenture as its consulting partner.
25 April 2024
United Kingdom

Digitalisation and cloud technology are key in tomorrow’s banking sector In today’s fast-paced world, digital transformation isn’t just a trend; it has become key for survival.
02 April 2024
Austria

Twinxter helps international bank with Obeya transformation process When the HR leadership team of Austria-based Erste Group Bank wanted to effectively prioritise its key objectives for the coming years, and align those to the bank’s overarching strategy, they setup
27 March 2024
Middle East

Banks in UAE and Qatar have the highest reputation in GCC Banks in the UAE and Qatar lead the GCC playing field in terms of reputation.
25 March 2024
United States

West Monroe partners with Backbase on banking transformation West Monroe, a Chicago-headquartered management and technology consultancy, has entered a strategic partnership with Backbase, an Amsterdam-based financial technology company, to help retail and comm
19 March 2024
United Kingdom

AI in banking could yield $1 trillion revenue improvements Artificial intelligence could boost revenues in the banking sector by as much as $1 trillion by 2030, according to industry leaders.
11 March 2024
United Arab Emirates

First Abu Dhabi Bank inks long-term partnership with Mastercard First Abu Dhabi Bank, the largest bank in the UAE, has agreed an exclusive long-term global partnership with Mastercard focused on collaboration in four markets: the UAE, Saudi Arabia, Oman, and Egyp
07 March 2024
United Arab Emirates

Major UAE banks improve financials after year of high returns The financial position of major banks in the UAE improved last year, with the outlook for 2024 also favourable, according to the annual Banking Pulse report from Alvarez & Marsal.
26 February 2024

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