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Tag: Featured


Products, Retail Banking

How to Deliver a Full Customer Experience Over Mobile Banking

August 21, 2019

Via: Bank Director

With most banking activity taking place on mobile, banks must innovate in order to deliver the full customer experience straight to customers’ fingertips. With more people using their phones to access banking services, banks cannot afford to miss out on […]


Capital and Risk, Macroeconomic

The Fed will cut rates five more times before April, analysts predict

August 20, 2019

Via: CNBC

The U.S. Federal Reserve will cut interest rates five more times by April 2020, according to analysts at Danske Bank. The Fed cut rates by 25 basis points in July, but comments from Chairman Jerome Powell suggesting the cut was […]


Regulations

Israeli government to fast-track fintech and blockcain licenses

August 20, 2019

Via: Banking Technology

The Capital Market, Insurance and Saving Authority division is dedicating industry teams, some of whom specialise in blockchain companies, to create local competition by increasing the number of licensed fintech companies across the country. Around 2,000 fintech and blockchain companies […]


Activity, Investment Banking

Goldman says buy dividend stocks amid diving yields

August 19, 2019

Via: CNBC

In a falling rate environment, Goldman Sachs is advising clients to buy high-dividend payers, which it says are trading at their cheapest levels in nearly 40 years relative to stocks with low yields. “With the 10-year Treasury yield at just […]


Activity, Corporate Banking

Wells Fargo Agents $5.5B Facility for DaVita

August 19, 2019

Via: ABF Journal

DaVita has entered into a new $5.5 billion senior secured credit agreement with Wells Fargo Bank as administrative and collateral agent. The new credit agreement consists of a five-year secured revolving loan facility in an aggregate amount of $1 billion, […]


Business Banking, Products

PayPal backs global programme to help entrepreneurs tackling financial health

August 14, 2019

Via: Finextra

The three will work with local partners in the US, Latin America, Europe, the Middle East and India on the Finance Forward coalition. Finance Forward will run nine regional accelerator programmes and bootcamps over the next two years, helping entrepreneurs […]


Activity, Investment Banking

Warren Buffett is a big fan of bank stocks — to the tune of $100 billion

August 14, 2019

Via: Market Watch

Warren Buffett’s Berkshire Hathaway Inc. holds nearly $100 billion in financial-services stocks, underscoring the size of the billionaire investor’s ongoing bet on the future of the U.S. economy. Berkshire’s position has built up over years and includes banks, payment companies, […]


Capital and Risk, Liquidity, Macroeconomic

Small cap stocks are tanking, while large caps hold up, a signal something is wrong with economy

August 13, 2019

Via: CNBC

The performance gap between small caps and large caps is widening to historic lows, a trend seen during times of economic stress and investor caution, possibly signaling something worse with the economy could be coming. The small-cap benchmark Russell 2000 […]


Capital and Risk, Operational

China’s central bank says it’s close to releasing its own digital currency

August 12, 2019

Via: CNBC

China’s central bank is nearly ready to issue its own sovereign digital currency, according to a senior official. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the institution’s virtual currency was “almost ready” for release, […]


Capital and Risk, Credit

A Danish bank is offering mortgages with negative interest rates — why you shouldn’t wish for that to happen in the U.S.

August 12, 2019

Via: Market Watch

It’s safe to say that mortgage rates have never been lower in Denmark. In fact, they’re now negative. Denmark’s Jyske Bank JYSKY, -20.24%, is now offering a 10-year fixed-rate mortgage at negative 0.5%. Additionally, Finland-based Nordea Bank announced Wednesday that […]