Tag: Banks

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.

What is the future for bundling in financial services?

A report by cross-border payments firm Currencycloud has examined the recent and future trends related around bundling in financial services.

Confidence in banks and bank branches remains high in the UK

A recent bi-annual study by Toluna has found that a majority of UK consumers still have strong confidence in banks and see bank branches as playing an important role.

UK customers are changing banks due to poor complaints handling processes

Research by global software firm Nuix has found that UK customers are leaving their banks due to complaint mishandlings during the pandemic.

Banks and asset managers not yet prepared to meet climate risk...

A barometer measuring the climate risk preparedness of the global banks and asset managers has found a lot still needs to be done in terms of practical implementation.

PayTechs replace banks as most important business partners for SMEs

Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.

How can traditional banks deal with the coming wave of embedded...

The embedded finance market is currently going from strength to strength. Thanks to companies like PayPal and Klarna, many non-financial institutions are integrating financial services into their platforms. As the sector continues to expand, how can traditional banks compete?

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