EBA’s evolutionary approach towards technological neutrality.
A long standing interest in applying innovative technologies in the financial sector which included distributing ledger technology (DLT) and asset- tokenization technologies, and the European Banking Authority ( EBA ) was one of the first regulatory authorities ever to comment publicly on the phenomena. Let’s explore more about the EBA’s approach has evolved in taking […]
Will Neo banks break the monopoly of the traditional banking systems?
A gradual loss of monopoly is being experience by the banks as there are these new players arriving to the game, born from the digital transformation. To win back their title these banks need to adopt new strategies to face these new challenges and compete with the developing market. The development of technology and the […]
Nordea Bank ABP, Europe’s top universal bank
Headquartered in Helsinki, Finland, Nordea Bank Abp is one of the Top banking groups of Europe. It offers products and services like personal banking, commercial and business banking, wholesale banking and asset and wealth management. The merge or the product of successful banks Nordic banks Unibank, Merita Bank, Nordbanken and Christiania Bank during the late […]
The journey from the traditions to modernization
National Bank of Greece (NBG) the traditional, formerly state-owned bank that can be found in most of the Greek markets. Established in 1841, it was the first bank to be set up in the Modern Greek State. It was destined to be a part of the Greece’s economy throughout the 180 year course of history and […]
Biometric Payment cards – Evolution in the banking methods
Since the start of the pandemic many issues have raised for the banks and financial institutions one such is the fraud of debit and credit card. Even though many national economies faltered from the virus and millions of people struggle with job losses but the fraudsters never stopped. Actually it is the opposite in fact, […]
Are the banks ready for tomorrow?
All the banks around the world are trying to evolve with the ever evolving trends of the banking sector. Middle Eastern banks are racing to catch up the technology updates shaping the way they operate and serve their customers. And one such financial institute Deloitte, recently launched their reports which has the strategies and key […]
Banking As a Service
A trend which is rapidly growing in a gathered pace over the last 18 months or so is BAAS i.e., Banking as a service. Many of us are now familiar with the concept of software as a service ( SaaS ) , which is the licensing and delivery model that allows users to do various activities […]
Banking meets Artificial intelligence
Dictated by the decisions we make, our entire lives are made both inside and outside. As we are hardwired to continuously learn even in our subconscious , from our mistakes , from our surroundings. Especially to avoid taking bad decisions and questioning our capabilities of improving our decision making when faced with consequences in the […]
KBC bank – Mr. Thijis shares some insights in tackling the crisis
Based in Belgium with a wide reach that encompasses core countries in central and Eastern Europe , Ireland and a selective past of British Isles is the KBC group. North America and south east Asia being the Europe’s top bank insures since 1998 as a result of the merge between two banks and insurer. The […]
Global insolvency
The general manager, Agustin Carstens, of Bank for International Settlements (BIS) said and quotes “We have only just overcome the liquidity phase of the crisis in countries that are now relaxing restrictions. In many others, the health crisis is still acute. And the epidemic could flare up again anywhere. Importantly, the shock to solvency is […]