Tag: banking

May 20, 2022

In 2021, The Financial Times sampled companies’ “Flexibility Factor”, a measure of the extent to which businesses are allowing employees to decide where they work once pandemic conditions ease, and established some broad trends. In no real surprise, tech firms […]

May 18, 2022

Through the partnership, the two firms aim to develop digital banking solutions that will help banks bolster their ESG credentials and encourage customers to adopt more sustainable consumption habits. Henrik Rosvall, founder and CEO of Dreams, says, “Through our strategic […]

February 18, 2022

The app, launched on 20 January 2022, includes a spending account with a debit card, a connected savings account that allows for specific budgeting goals, early paycheque availability and overdraft protection. Galileo CEO Derek White says consumers are embracing digital […]

February 17, 2022

Republican members of the Senate Banking Committee defended their boycott of a vote on five Federal Reserve Board nominations, saying that nominee Sarah Bloom Raskin’s testimony about her work on behalf of the fintech company Reserve Trust was deceptive and […]

February 16, 2022

Climate First Bank is an interesting entrant on the US market. Based in Florida and opening for business on 1 June 2021, it claims to be the country’s first climate-focused community bank. It started with personal and business loans, deposit […]

February 15, 2022

There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co. Activity was driven by a particularly strong second […]

February 15, 2022

Currently only available in the UK, BofA says it has plans to roll-out the e-commerce solution to other countries and regions in the near future. BofA’s co-head of global corporate sales, head of GTS sales and head of GTS EMEA, […]

February 14, 2022

Following a number of rollouts and innovations, 2022 could finally be the year where the speed of digital payments equals their convenience. A number of developments, combined with the coronavirus pandemic and changing consumer habits, could hasten changes to the […]

February 14, 2022

While there is overt awareness around open banking and its benefits within the financial services industry, the challenges created by a lack of education are evident. The services offered by banks today are focused on those with multiple bank accounts, […]

January 19, 2022

While in some parts of the world banks and clients form long-term relationships which persist even over generations, there are still a lot of people out there fitting under the qualificatives of “unbanked”, “underbanked”, and “underserved”. Financial exclusion doesn’t affect […]