Tag: Banks

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. 

UK bank branch sharing project set to be prolonged

A pilot project involving bank branches being shared by multiple financial institutions is set to be rolled out across the UK, Finextra have claimed....

OpenFin secures strategic funding from ING

OpenFin, which provides financial institutions with the tools to improve productivity, has secured a strategic investment from ING Ventures.

Do banks need to join forces in the war against money...

There are many benefits to a more globalised world. However, one of the key threats posed by an increasingly digitised and connected world is the scourge of money laundering.

Tech investment to be a top priority for UK banks in...

A survey by Yobota has found 80% of UK banks see investing in new technology as a key priority for their businesses in 2022.

Banks are failing to hit climate targets, ECB study finds

A report by the European Central Bank (ECB) has found that banks are partially or completely missing climate risk goals.

Mandatory climate disclosures for financial institutions to be unveiled in New...

New Zealand has become the first country globally to pass laws requiring banks, insurers and investment managers to disclose the impact of climate change on their companies.

Banks target more FinTech acquisitions, partnerships to boost market standing

A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.

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