Banking news worldwide | Page 8

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

Europe

The world's top 10 investment apps (according to Sia Partners) Investment apps have brought revolutionary changes to the investment market, allowing individuals access to the stock market.
16 July 2024
United Kingdom

Financial services sector most mature in cybersecurity Financial services players are the most mature in terms of their cyber-security infrastructure, according to a new study from Wavestone.
16 July 2024
United States

SRM acquires Kenneth J. Sole & Associates SRM (Strategic Resource Management), a Memphis, TN-based financial services consultancy, has acquired Kenneth J. Sole & Associates, a Holbrook, NY-based banking IT consulting firm.
12 July 2024
Australia

Banks argue CDR costs too high for limited consumer uptake With the support of Accenture, the Australian Banking Association (ABA) has released its latest strategic review of the country’s consumer data right regime, revealing an underwhelming level of uptak
08 July 2024
Germany

Deutsche Bank division cuts external consultancy spend by 70% Deutsche Bank’s private banking division has slashed spending on external consultants by 70% under its new head, Claudio de Sanctis, as part of a broader effort to boost profitability following a fai
08 July 2024
Saudi Arabia

Saudi banking customers keen om mobile banking excellence As Saudi Arabia continues to make strides in diversifying its economy, the country’s banking sector is being reshaped.
04 July 2024
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

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