Tag: Banks

IBM study uncovers tech challenges hampering financial institutions

A study led by IBM Institute for Business Value (IBV) has shed light on the discrepancies between the priorities of bank executives and their consumers.

Are UK banks abandoning investment in the metaverse?

The allure of the Metaverse seems to be waning among UK banks, according to a new report from Hexaware Mobiquity.

Kroo targets £70m in funding as distrust in banks grows

Kroo, the digital banking startup based in the UK, is gearing up for its next significant investment endeavour.

Banks slow in setting comprehensive net zero goals, report finds

Banks are increasingly integrating climate change into their strategies, with many setting net zero emission targets, a report has found.

Choosing the Right AML Software for Your Business: Key Factors and...

Banks, money services businesses, and other financial institutions are bound by U.S. laws to establish anti-money laundering (AML) procedures. Implementing identity verification, regulatory reporting, and risk management can be intricate, lengthy, and costly.

Revolutionising regulatory reporting: The role of the Cloud in future FinTech

The escalating complexity and volume of financial regulations have escalated the resource demand for regulatory reporting. Banks, insurance firms, and capital market companies are...

Using financial crime risk assessment as a strategic tool for business...

In the high-speed and complex financial landscape we find ourselves in today, one of the most significant hurdles to overcome is the ever-present threat...

US Treasury calls for greater regulation of FinTech and bank relationships

The US Department of the Treasury has called for more regulation on the partnerships between FinTech and banks to protect consumers.

Could bank monetisation of APIs be a billion-dollar opportunity?

Banks should strive to realise the monetisation opportunities of APIs instead of seeing them as a cost burden, according to a recent report by Mobey Forum.

Are SMEs swapping banks for FinTechs?

A recent report published by Capgemini has found that 89% of SMEs feel underserved by their banks and are considering moving to a FinTech challenger. 

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