HSBC to join and collaborate with BIAN
Established in 2008, the Banking Industry Architecture Network (BIAN) is a self-governing, member owned, not-for-profit association, intended to build and indorse a common architectural framework for banking interoperability subjects. BIAN’s objective is to describe operability and semantic descriptions for IT services in the investment industry. The community of over 80 members’ emphases on making a […]
SMB loan servicing by the BBLS services
Before the March 2021 got over, a million and a half small and medium sized businesses (SMB) had taken loans through the Bounce Back Loan Scheme (BBLS) which summed to an approximate of £46 million. This meant that 29 accredited BBLS lenders had thousands of new clients to provide service for with a sizable debt […]
The instant economy to upsurge
When it comes to delivering better services, building societies, lenders and other specialist banks are losing the battles even after having the information regarding all the experience, talent and yet they are failing to have resources, money and the time required to invest in these future building ideas to catch up with their customer’s demands. […]
Can raising the contactless spending limit cause reckless spending?
Stephanie Watson, Senior Strategist at behavioral planning agency Total Media shared that Shoppers will soon be able to spend up to £100 with a solitary tap as the government doubles the current £45 contactless expense cap. Learnings from behavioral science propose this may well be to the disadvantage of our bank balances. Contactless payment has […]
Who are the real threats for the banks in the payments now?
For many years now, the competitor banks held a prominent position in leadership in the payments sector. But the fast growing digital payment technology advances are signaling opportunities for the new market entrepreneurs to affect this status quo. To rise through these odd and in order to maintain their position high, it is effective to […]
Are Eurozone banks ready for the alliance?
There was a publish or a guide to cover the methods which can be taken to handle the consolidation of the banking sector especially in the Eurozone from a supervising point of view released, recently on July 1st of 2020. This was done to motivate Mergers and Acquisitions activity in the entire region. The release […]
The power of the unbanked!
The adaption of e-wallets and mobile banking is spreading widely spread as it is being charged by the pandemic. But the e-cash or mobile money was long being accepted in emerging markets as it was a very flexible way to pay and get paid as well. This is a great chance to bring the often […]
AM bank’s CAN DO attitude to help women achieve opportunity gap
Ms. Nahla Khaddage Bou-Diab, Deputy General Manager and Chief Operating Officer of AM Bank, recently gave few insights about her AM bank and employment of women, the banks approach to the customer service, take on the digital innovation and many more related topics in the Middle East. She said that, she thinks that they recognized […]
AIK BANKA- a Serbian reformist bank!
It has been 45 years since the establishment of the AIK bank of Serbia, and it has gained a reputation for being one of the most reliable and efficient financial institutions as it mainly focuses on the customer satisfactions through high quality retail and commercial products and services. Today, the bank is able to gain […]
What is the main skillset a banker must possess to tackle this pandemic?
The banking gears must not slip, and that is why it is so essential to have an extensive risk management system in check always and continuously updating them. Banks are exposed to numerous risks on daily basis from their lending activities, in their participation in financial markets and from wider operational problems like suffering a […]