Fintech is transforming at an unparalleled level, and among the main catalysts for such transformation are open banking APIs. Application programming interfaces allow banks to safely exchange customer data with third-party providers, fostering a more innovative, competitive financial landscape. Instead of banking silos, open banking introduces a coherent, integrated landscape where consumers and businesses can
8 By Salvatore Cantale, Professor of Finance, and Peter Nathanial, Executive in Residence, International Institute for Management Development (IMD) In the evolving financial landscape, banks face the challenge of adapting their business models to not only remain relevant today but also to position themselves as leaders in a future increasingly dominated
Bank of Cyprus has been awarded the prestigious title of “Best Private Bank Cyprus 2025” by Global Banking & Finance Review magazine, reaffirming its position as the country’s leading financial institution. The recognition highlights the Bank’s exceptional Private and Affluent banking services, as well as its commitment to delivering tailored wealth management solutions that meet
Advertisement feature from Lex Autolease An increasing number of UK employees are taking advantage of employer-provided salary sacrifice schemes to drive an electric car at a significantly reduced cost. Speaking to Fleet News, Lex Autolease’s Andy Barrell & David Roe, explain why this is especially true for staff at Lloyds Banking Group,
Indian batter Karun Nair is looking to continue his impeccable run from domestic cricket into the Indian Premier League (IPL) to try and help Delhi Capitals (DC) break their title jinx in 2025. Nair has been in stupendous form for Vidarbha, taking them to the finals of the Vijay Hazare Trophy and even lifting the
The financial services giant Goldman Sachs is telling shareholders that its competitors are now offering crypto products and services that the bank doesn’t. In its 2024 Annual Report, Goldman Sachs says in some circumstances, rival firms are offering products that clients may prefer, such as specific digital assets, which Goldman cannot or choose not to
The Bangladesh Bank has embarked on a series of banking reforms with quiet determination. Most recently, it has tightened regulations regarding dividend payouts by scheduled banks, exemplifying the strategy of seizing low-hanging fruit in the pursuit of structural reforms. Concurrently, an announcement was made to establish four new departments at the BB head office to
Money-saving maestro Martin Lewis has issued a critical warning to mobile banking users amidst a worrying spike in street muggings. During his latest ITV programme, Mr Lewis felt compelled to address the audience due to a noticeable increase in phone thefts, which can lead to bank accounts being swiftly drained. As the UK experiences a
(© kamonrat – stock.adobe.com) The Net Zero Banking Alliance is a partnership of banks dedicated to reaching net-zero greenhouse gas emissions by 2050. The Alliance was assembled in 2021 by the U.N. Environment Programme and plays an important role in discouraging the use of fossil fuels, especially throughout the financial sector. Recently, six major U.S.
TD Bank is streamlining its retail footprint, announcing the closure of 38 branches nationwide which casts six Massachusetts locations in the spotlight; they are slated to shut their doors on June 5. According to WCVB, the move is part of a strategy to “best serve our customers through an optimal mix of convenient TD Bank