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Banking news worldwide | Page 5

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

United Kingdom

Banks face an ongoing challenge against cyber attacks International research from ServiceNow shows that banks face an ongoing challenge to protect their systems from sophisticated attacks.
21 February 2024
United Arab Emirates

Hisham Farouk 'Financial services at heart of climate change impact' The UAE chief executive of global professional services firm Grant Thornton, Hisham Farouk, outlines why the financial services sector plays a pivotal role in climate change conversations and impact
15 February 2024
Netherlands

Boosting credit risk assessments in banking with AI The assessment of credit risk demands a great deal of manual effort.
13 February 2024
Europe

Preference for cash over digital payments varies across Europe Despite the continued rise of digital payments, cash still is king in many European countries, according to a survey from BearingPoint, which asked respondents in Germany, Finland, France, Ireland, t
08 February 2024
South Africa

South African banks must be applauded for their digital innovation efforts In recent years, the digital achievements of South African banks have increasingly been recognised on the global stage, a feat which deserves applaud, writes Pierre Romagny, partner at Oliver Wyman i
07 February 2024
South Africa

Oliver Wyman: 10 banking trends to watch in South Africa South Africa’s banking sector continues to face major change, offering opportunities and threats to the nation’s banking institutions.
07 February 2024
United Kingdom

Zühlke partners HSBC UK on mobile wealth management service Global bank HSBC has turned to European consulting firm Zühlke for help transforming its mobile wealth management offering to UK customers.
22 January 2024
Saudi Arabia

Consumers in Saudi Arabia are happier with their banks Customer sentiment for leading banks in Saudi Arabia has improved in the past year, according to a new study from PwC, which analyzed customer attitudes towards seven leading KSA banks.
16 January 2024
United Kingdom

Interest in Digital Euro remains low among EU consumers The conversation around digital currency might have cooled significantly from its pre-pandemic zenith, but the European Union is still pushing ahead with the planned launch of its ‘Digital Euro’.
15 January 2024
Middle East

How banks can set themselves up for a profitable future Alberto Alvarez, Senior Partner with McKinsey & Company based in the Middle East, outlines five strategies that could help the region’s banks maintain a competitive edge and build a profitable future
13 January 2024
Europe

Digital euro is coming, but some Europeans are not yet convinced The prospect of a digital euro is coming – and one in five Europeans said they would use it at least once a week, according to a survey from consultancy BearingPoint.
09 January 2024
Saudi Arabia

SAMA and CMA select Deloitte for Fintech Saudi’s Makken program Saudi Arabia’s central bank (SAMA) and Capital Market Authority (CMA) have launched a new financial technology program called Makken to support and develop the fintech sector in the Kingdom.
27 December 2023
United Arab Emirates

Commercial Bank of Dubai hires Accenture for tech-CX transformation The Commercial Bank of Dubai has selected Accenture as its consulting partner for a strategic technology transformation program.
15 December 2023
Middle East

Iran and Saudi Arabia the world's largest Islamic finance markets The Gulf Cooperation Council nations play a significant role in Islamic financing.
01 December 2023
Middle East

ICBC attack yet another wake-up call for MENA financial institutions On November 10, the world’s largest lender by assets, the Industrial and Commercial Bank of China (ICBC), announced that it had fallen victim to a cyber attack.
29 November 2023
Middle East

Three quarters of top 20 banks in MENA have ESG strategies Banks in the Middle East and North Africa (MENA) are increasingly embracing ESG as a key mantra of doing business – but at the same time, they are struggling to put words into action.
13 November 2023
Middle East

How Middle East financial services is embracing digital Over the past years, the Middle East’s financial services industry has been getting on with digitalisation – embracing the opportunity to adopt tech-enabled operating models and digital products of a
06 November 2023
Saudi Arabia

An introduction to SAMA's minimum verification controls As Saudi Arabia’s financial services sector embraces digital innovation, the need to safeguard sensitive information and digital services from cyber risk has become paramount.
06 November 2023
United Kingdom

Banks enjoying highest profits since 2008 global financial crisis Banks worldwide are currently enjoying a record profit windfall – the highest seen since the 2008 global financial crisis, according to analysis by McKinsey & Company.
16 October 2023
United Kingdom

Non-cash transactions to reach 2.3 trillion by 2027 Non-cash transactions look set to continue their meteoric rise in the coming four years – over which time their volume is are forecast to pass 2 trillion per year.
05 October 2023

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