Emerging trends in technology are reshaping the landscape of retail banking. Among these advancements, agentic Artificial Intelligence (AI) holds the promise of transforming banking services through enhanced automation, personalization, and efficiency. As banks evolve from their legacy constraints
The retail banking sector is undergoing a profound transformation driven by digital innovation, a trend that the COVID-19 pandemic has hastened by dramatically heightening customer expectations. Financial institutions increasingly see digital transformation not just as an option but as a strategic
The acquisition of deNovo Partners by PJT Partners Inc. marks a significant milestone in the landscape of financial advisory services, particularly in the Middle East. PJT Partners, known for its independent advice and personalized service, is strategically expanding its footprint by integrating
Bank Danamon Indonesia is grappling with a surge in credit costs, a substantial issue stemming from its vehicle finance subsidiary, Adira Dinamika Multi Finance Tbk (Adira). The financial troubles from Adira have cast a spotlight on critical concerns regarding the bank’s asset quality, earnings
Amid the rapid digital transformation in the financial sector, Accenture’s strategic investment in EMTECH represents a pivotal move towards modernizing central bank operations. As the financial ecosystem evolves, central banks face increasing pressure to upgrade their infrastructures to manage
The resurgence of investment banking has significantly bolstered bank earnings in 2024, following a turbulent period fraught with challenges such as geopolitical conflicts, market volatility, supply-chain bottlenecks, rising inflation, higher interest rates, and evolving financial regulations.
