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Education Center

Is it Time for Mainstream Society to Say Goodbye to Traditional Banking Methods?

The financial landscape keeps changing. What will happen to traditional banking?

Thursday, 15/06/2023 | 17:28 GMT by FM Contributors

Institutional FX

HSBC Shutters New Zealand Wealth and Personal Banking Operations

The lender cited changing operating requirements and business scalability for the move.
HSBC is also shifting its focus in the global business to Asia.

Tuesday, 13/06/2023 | 17:46 GMT by Jared Kirui

Institutional FX

UBS Completes Credit Suisse Takeover

The complex takeover was completed in three months.
The merged group now has a balance sheet of $1.6 trillion and assets of $5 trillion.

Monday, 12/06/2023 | 07:29 GMT by Arnab Shome

Institutional FX

StanChart Aims to Cut $1 Billion in Costs, Starting with 100 Layoffs

The lender will let go of some of the employees in Asia and London.
StanChart joins the lengthening list of banks cutting jobs.

Thursday, 08/06/2023 | 06:22 GMT by Damian Chmiel

Institutional FX

G20 Launches Inquiry into SVB and Credit Suisse amidst Global Banking Crisis

G20 to scrutinize SVB and Credit Suisse amidst the recent banking crisis.
In the meantime, HSBC renames SVB in the UK.

Thursday, 01/06/2023 | 10:52 GMT by Damian Chmiel

Education Center

The Development of New Financial Infrastructure: Revolutionizing the Global Economy

Could a major power shift be in the works?

Wednesday, 10/05/2023 | 11:39 GMT by FM Contributors

Education Center

The Growing Influence of Blockchain Technology on the Banking Sector

The blockchain revolution is here.

Thursday, 04/05/2023 | 10:57 GMT by FM Contributors

Op-ed

FinTech

Op-ed

Mobile Banking Increased Dramatically, but Anti-fraud Protection is Lagging Behind

Over 90% of the UK alone used online banking in 2022, according to Statista.
Adoption of anti-fraud protection to combat ad fraud by banking apps has stayed relatively static.

Thursday, 04/05/2023 | 10:29 GMT by Kalen Bushe

Executives

Goldman Sachs Talent Storm as Executives Head to Competitors

Key personnel exits Goldman Sachs for competing firms.
Three months ago, the lending giant announced massive layoffs.

Thursday, 20/04/2023 | 10:45 GMT by Damian Chmiel

Institutional FX

Barclays Joins the Layoffs Bandwagon, Cuts 100 Jobs in Investment Banking

Investment giant prepares for another round of job cuts.
However, the cuts are more modest than those of competitors.

Monday, 17/04/2023 | 09:30 GMT by Damian Chmiel

CryptoCurrency

Binance US Struggles to Find Banking Partner

The exchange had Signature Bank and Silvergate Bank as only two banking partners.
It is now using the services of at least one intermediary bank.

Monday, 10/04/2023 | 05:47 GMT by Arnab Shome

Institutional FX

UBS Slashes 36,000 Jobs Following Credit Suisse Takeover

UBS leads the layoffs in the finance and technology sector.
The massive job cuts started in October 2022.

Wednesday, 05/04/2023 | 08:28 GMT by Damian Chmiel

Executives

Ex-UBS CEO Is Back after 2 Years to Lead the Credit Suisse Takeover

Ermotti replaces Hamers and returns after a two-year break.
Hamers embraced the change and wanted to "serve the interests of the new combination."

Wednesday, 29/03/2023 | 06:46 GMT by Damian Chmiel

Education Center

2023 Digital Banking Trends and the Future of Banking

Banking keeps reinventing itself. Find out what's in store.

Thursday, 09/03/2023 | 11:05 GMT by FM Contributors

Education Center

Banking the Unbanked with Cryptocurrency: Risks and Rewards

Financial inclusion or predatory inclusion?

Monday, 06/03/2023 | 17:01 GMT by FM Contributors

FinTech

Temenos Sees Highest Ever Software Licensing in North America in 2022

Temenos' SaaS revenue shot up 37% in FY 22.
The company expects the sales environment to remain stable in 2023.

Monday, 20/02/2023 | 19:42 GMT by Solomon Oladipupo

Regulation

The Impact of Rising Interest Rates on Banking Operations

A look into interest rates, banking operations, and profitability.

Monday, 20/02/2023 | 16:12 GMT by Finance Magnates Staff

Op-ed

FinTech

Op-ed

The Present and Future of Open Banking

Security is a major concern for both financial institutions and consumers,
Regulation and data protection are essential to safeguard user data privacy.

Friday, 10/02/2023 | 09:39 GMT by Maria Pelagia

FinTech

Understanding the Embedded Finance Landscape

Is there still room for new entrants?

Friday, 03/02/2023 | 11:14 GMT by FM Contributors

FinTech

Changes in Fintech: The 4 Greatest Challenges

Are there changes in fintech happening and to what extent do these affect services?

Wednesday, 11/01/2023 | 10:32 GMT by Pedro Ferreira

Regulation

BaFin Raises Alarm on Trojan ‘Godfather’ Affecting Banking and Crypto Apps

Cybersecurity firm Group-IB also recently urged caution against the malware.
The malware infected over 400 platforms last year.

Monday, 09/01/2023 | 14:35 GMT by Solomon Oladipupo

Payments

5 Fintech Banking Partnerships Molding the Financial Landscape

Fintech and Banks are now besties, so what’s in store next?

Monday, 17/10/2022 | 16:04 GMT by Finance Magnates Staff

Payments

SEPA Instant: Europe’s Way of Revving Up Your Business

SEPA vs SEPA Instant: which system better suits your business needs?

Monday, 22/08/2022 | 10:36 GMT by Finance Magnates Staff

FinTech

LiquiTrade Is Operating ‘Illegal Banking Services’ in Germany, BaFin Says

BaFin said content of latoken.com justifies the conclusion.
It added that LiquiTrade Ltd is not licensed under the German Banking Act.

Friday, 12/08/2022 | 16:39 GMT by Solomon Oladipupo

Executive Moves

LendingClub Selects Drew LaBenne as New CFO

LaBenne joins LendingClub from Bakkt.
He previously worked with JPMorgan and Capital One.

Saturday, 30/07/2022 | 06:48 GMT by Bilal Jafar

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