Banking news worldwide | Page 7

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

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
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 Kingdom

Digitalisation and automation top focus for financial services in 2024 Research into the UK financial services sector reveals nine-in-10 firms reported increased revenues in the last 12 months.
19 December 2023

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