The industry needs to digitise its core businesses, cuts costs and create increased shareholder value, concludes a report from Oliver Wyman.
Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit signed a memorandum of understanding in Brussels for developing digital trade chain (DTC).
The Swedish corporate bank’s fixed income macro strategist believes rising infltaion will see the Riksbank lift rates.
ClearBank is likely to concentrate on services for fintechs, according to founder Nick Ogden who originally launched WorldPay.
Proof of Concept has been launched to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.
Banks in the region face a growing range of challenges in maintaining their correspondent banking relationships. This article suggests how they are being addressed via new technologies and services.
The Postal Savings Bank of China said it has executed more than 100 business transactions via blockchain in the past three months.
The bank is using Twitter and LinkedIn in its search for talented graduates, reports the Financial Times.
A global poll of more than 200 decision makers finds that MiFID II and Dodd-Frank are the top regulatory priorities.
The next wave of financial technology innovators to watch will come from Africa and Asia, predicts WorldRemit.