Banking news worldwide | Page 7

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

Middle East

The rise of the Chief Data Officer in financial services In the world of financial services, the role of data has never been more critical.
17 January 2025
Singapore

Accenture buys digital twin tech platform for banks from Asian fintech Accenture has acquired a digital twin technology platform for banks developed by Percipient, a Singapore-based fintech company specialized in banking technology transformation.
08 January 2025
Europe

The EU AI Act: The impact on financial services institutions The EU AI Act is arguably the most significant and wide-reaching AI regulation to date issued by any jurisdiction.
07 January 2025
United Kingdom

TCS strikes deal with Chorley Building Society Tata Consultancy Services has announced a new deal with Chorley Building Society to digitally transform its core banking system and support the society's growth plans.
27 December 2024
United Kingdom

OSB Group partners with Publicis Sapient for new digital savings platform OSB Group has launched a new digital savings platform, helping customers to open and fund an account in minutes .
16 December 2024
Middle East

Solving the talent shortage in banking through a skills-powered approach The banking sector in the Middle East has a dire shortage of talent, while at the same time, talent profiles and requirements are shifting to meet the tech-savvy and ever-evolving nature of the secto
12 December 2024
Australia

Beyond Bank working with Cognizant on digital transformation upgrades Beyond Bank, one of Australia’s largest customer-owned banks, has made several strides in its digital transformation ambitions, revamping its digital experience and introducing several new products.
11 December 2024
United Arab Emirates

United Arab Bank partners with 4most to enhance Etihad Credit Bureau reporting Working together with specialist consultancy firm 4most, United Arab Bank (UAB) has been able to improve the way it reports data to Etihad Credit Bureau (ECB).
11 December 2024
United Arab Emirates

Emirates Institute of Finance signs deals with Accenture, EY and Microsoft The Emirates Institute of Finance, a UAE-based centre for skills development in the financial services sector, has signed strategic agreements with Accenture, EY and Microsoft.
09 December 2024
Middle East

Why CIOs in banking must make AI explainable and trustworthy The capabilities of AI-enabled tools are vast and transformative, with the potential to significantly enhance productivity, elevate customer experiences and pave the way for innovative products and s
04 December 2024
Europe

Richard Whiting on 4most’s expansion plans in the European banking sector Europe’s banking landscape is set for a raft of risk and regulatory changes in the coming year.
25 November 2024
Cyprus

FRP Advisory completes €91 million sale of Laiki Bank share portfolio The liquidator of the former Laiki Bank, FRP Advisory, has achieved a key milestone in the bank’s long-time restructuring process, with the completion of the sale bringing in around €91 million.
22 November 2024
United Kingdom

Bank lending to return to growth in 2024 despite inflationary pressures Bank lending to UK businesses and households to return to growth this year, and accelerate over 2025 and 2026, according to a new report from EY.
22 November 2024
Europe

Banca Investis partners with Bain & Company for AI-investment platform Banca Investis, an Italian investment and private bank, has launched a new investment advisory platform powered by generative AI, concepted and delivered in collaboration with Bain & Company.
22 November 2024
United Arab Emirates

Emirates NBD partners with McKinsey to drive AI and advanced analytics A few years ago, Dubai’s government-owned bank Emirates NBD entered into a partnership with strategy consulting firm McKinsey & Company with the aim of turning the bank into a leader in artificial in
18 November 2024
Europe

Banking-as-a-Service platforms: Considerations for selecting the right BaaS provider The use of Banking-as-a-Service (BaaS) platforms is gaining popularity among non-banking companies, providing them a ready-to-go platform to digitize and streamline their operations and rapidly scale
11 November 2024
Europe

Risk Data Aggregation and Reporting: Understanding the BCBS 239 Framework The BCBS 239 framework is crucial for strengthening banks’ risk data aggregation and reporting. Despite its importance, achieving compliance remains challenging for many banks.
05 November 2024
Europe

ESG data in banking: Turning a headache into a strategic advantage The role of data as a driver of ESG transformation within banking is unmistakable. Yet its sheer volume, complexity and scattered accountability makes data a hard to grasp phenomenon.
30 October 2024
Australia

The clock is ticking on APRA’s new operational risk management regulation The forthcoming Operational Risk Management regulation from APRA will have a significant impact on financial institutions.
20 September 2024
Europe

European and US corporate and investment banks book higher revenues and profits Major corporate and investment banks in Europe and the United States have enjoyed a good first half of 2024, with both revenues and profitability higher on the same period the year previous.
06 September 2024

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