Banking Industry News Monitoring
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Published on Jul 21, 2024Source: Bloomberg - Neutral
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Published on Jul 21, 2024
How Predictive Analytics is Revolutionizing Customer Relationship Management in Banking
Share Tweet Share Share Email Predictive analytics is a powerful tool transforming various industries, and banking is no exception. In the realm of customer relationship management (CRM), predictive analytics is revolutionizing how banks interact with and …
Source: TechBullion - Neutral -
Published on 01:46 GMT
The Mafia is Getting in on Financial Crime – How can Banks Stop Them?
By Joe Biddle The Italian mafia has seen a low-risk opportunity in financial crime, but this is far from a victimless crime. As governments struggle to clamp down on organised crime’s fraud and scam operations, what can the finance industry do to protect …
Source: The European Financial Review - Neutral -
Published on Jul 21, 2024
Volume of non-performing loans in Uzbekistan’s commercial banks reaches 20 trillion soums
Volume of non-performing loans in Uzbekistan’s commercial banks reaches 20 trillion soums Volume of non-performing loans in Uzbekistan’s commercial banks reaches 20 trillion soums 22/07/2024 01:10 Tashkent, Uzbekistan (UzDaily.com) -- As of 1 July …
Source: UzDaily - Pro-Government -
Published on 05:22 GMT
European banks' earnings in spotlight after big share price gains
By Tommy Reggiori Wilkes, Tom Sims and Stefania Spezzati LONDON/FRANKFURT (Reuters) - Europe's biggest banks report their second-quarter earnings this week, with all eyes on whether the gains from higher interest rates have run out of steam and if …
Source: Yahoo - Label Pending -
Published on 05:28 GMT
Banks hesitant to reestablish regional branches in Latvia
Over the last decade, the number of bank branches in Latvia has decreased by 80%, and currently, only about 70 locations in Latvia are used for face-to-face customer service. In Preiļi, as in many other small towns, there are no banks anymore. The nearest …
Source: LSM - Public Broadcaster -
Published on 01:24 GMT
How Has Open Banking Changed Personal Finance?
Open banking has revolutionized personal finance management, as evidenced by insights from industry leaders including a Founder & CEO who highlights ‘Enhanced Data Accessibility for Finance’. Alongside expert perspectives, we’ve gathered additional …
Source: Block Telegraph - Neutral -
Published on 05:25 GMT
‘Forgotten’ Banks and Builders Fuel Outperforming Lansdowne Fund
(Bloomberg) — Investing in construction firms and European banks might not excite investors as much as AI, but such old economy stocks are at the core of the top-performing fund at Lansdowne Partners. NatWest Group Plc and Lloyds Banking Group Plc are …
Source: Financial Post - Center-right -
Published on 03:34 GMT
Banks Defy Stiff Competition from Fintechs, Grow Deposits by 63% to N115tn
Kayode Tokede Despite fierce competition from Fintechs, individuals and institutions are increasingly entrusting their funds into the safekeeping and management of Nigerian banks as total deposits in the banking sector increased to N115 trillion in 2023 …
Source: This Day - Uncategorized -
Published on 00:56 GMT
After 17 years, our business changed banks. And it wasn’t as bad as you’d think
A depressing thing about Chat GPT is when various readers generate something “in the style of writer Ian Whitworth”. Because it always uses a Barefoot Investor tone. “G’day fellow biz operator! I got home the other night, put the trusty Hilux in the back …
Source: SmartCompany - Neutral -
Published on 01:20 GMT
Matera, a Banking Software Provider, Announces $100M Investment from Warburg Pincus
Matera, a banking software provider, announced a $100 million investment from Warburg Pincus, a global growth investor. The investment will be used to fund the company’s “expansion into the North American market and further expand product development.” …
Source: Crowdfund Insider - Neutral -
Published on 03:28 GMT
How FG’s revenue mobilisation drive, puts Banks under severe pressure
THE current revenue challenges being experienced by government and the need to enhance debt sustainability have triggered a lot of revenue mobilization drives like windfall tax, mop up of Dormant Accounts and unclaimed balances among other policies that …
Source: Tribune Online - Center-right -
Published on 03:57 GMT
Banks in K265bn profit in 2023
The country’s commercial banks posted a cumulative profit of K265 billion in 2023 and showed resilience to economic shocks by growing their asset base by 33 percent to K5.8 trillion, an analysis shows. This means the combined net profit, according to …
Source: The Nation (Malawi) - Neutral -
Published on 01:17 GMT
Foreign banks’ office deals in Kenya up Sh48bn
The value of transactions handled by representative offices of foreign banks in Kenya grew by 13 percent or Sh47.7 billion in 2023, with a marked increase in project, property, and energy financing deals. New data from the Central Bank of Kenya (CBK) shows …
Source: Nation Africa Kenya - Uncategorized -
Published on Jul 21, 2024
Ghana: Traditional Banking Still Favored by 47% Despite Digital Shift: PwC Report
July 21, 2024 @ 6:24 pm By Michael Wong Amid the accelerating shift towards digital banking, nearly half of banking customers in Ghana still favor traditional banking methods, according to the 2024 PwC Ghana Banking Survey Report. The survey reveals that …
Source: Crowdfund Insider - Neutral -
Published on 00:06 GMT
FG plans N320bn banks tax, N’Assembly submits report Wednesday
The Federal Government is set to collect over N425bn from seven banks as a one-time windfall tax on their foreign currency revaluation gains for the 2023 financial year. On Wednesday, the Senate approved President Bola Tinubu’s request to amend the Finance …
Source: The Punch - Center-left -
Published on 02:52 GMT
Banks and companies can now fund India’s next growth cycle
The ability of companies to bankroll their capital expenditure has risen more than threefold in the past decade after a long spell of deleveraging and profit growth, a CRISIL analysis shows. Similarly, a significant reduction in bad loans and timely …
Source: The Indian Express - Center-left -
Published on 03:43 GMT
Microfinance banks suffer record loss as loans shrink
Microfinance banks have posted a combined loss for the eighth straight year, highlighting the impact of raids on their turf by large banks and digital lenders. Central Bank of Kenya (CBK) data shows that pre-tax losses by the 14 microfinance banks it …
Source: Nation Africa Kenya - Uncategorized -
Published on Jul 21, 2024
Half of large U.S. banks are failing on operational risk, secret report finds
A key U.S. regulator has privately found half of the major banks it oversees have an inadequate grasp of a broad swath of potential risks from cyber attacks to employee blunders, according to people familiar with the matter. In the confidential assessments …
Source: Fortune - Neutral
Featured Releases
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Published on July 22, 2024 - 02:00 GMT
APRA issues $10.7 million infringement notices and accepts court enforceable undertaking from OPC
The Australian Prudential Regulation Authority (APRA) has agreed to accept a court enforceable undertaking (CEU) from OnePath Custodians Pty Limited (OPC) pledging to rectify compliance deficiencies and compensate members. OPC has also paid $10,704,600 …
Distribution channels: Banking, Finance & Investment Industry -
Published on July 19, 2024 - 17:23 GMT
Magnificent Haradin Family Collection of American antique toys & banks to be auctioned Aug. 3 at RSL’s N.J. gallery
After 50+ years of upgrading, the multigenerational collection includes many “only known” or “best of all known” examples WHITEHOUSE STATION, NEW JERSEY, USA, July 19, 2024 /EINPresswire.com/ -- On Saturday, August 3 at RSL Auction’s New Jersey …
Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
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Published on July 18, 2024 - 19:11 GMT
Canadian Core Banking Platform provider Smart Solution Selects The NBS Group to Launch US Market Expansion
AURORA, ON, CANADA, July 18, 2024 /EINPresswire.com/ -- Smart Solution, a leading Canadian-based global provider of innovative financial technology solutions, and The NBS Group, a US-based financial services consulting firm, are pleased to …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 17, 2024 - 17:05 GMT
Eastern Trust LLC Receives License for Crypto Banking and Investment in Georgia Freezone
Introducing the Future of Banking: Crypto Banking GEORGIA, KUTAISI, REPUBLIC OF GEORGIA, July 17, 2024 /EINPresswire.com/ -- Eastern Trust LLC, a subsidiary company of Eastern Trust Pte Ltd Singapore, has recently been granted a license by the …
Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
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Published on July 17, 2024 - 11:00 GMT
CytoMed Therapeutics Acquires Cord Blood Banking Licence and Assets to Entrench Its Strategy in Allogeneic, Off-the-...
SINGAPORE, July 17, 2024 (GLOBE NEWSWIRE) -- CytoMed Therapeutics Limited (NASDAQ: GDTC) (“CytoMed” or “Company”), a Singapore-based biopharmaceutical company focused on harnessing its proprietary technologies to develop novel donor blood-derived, cell- …
Distribution channels: -
Published on July 16, 2024 - 07:45 GMT
Intellect launches eMACH.ai-composed Intellect Digital Core for Cooperative Banks
Redefining banks’ operations with a competitive edge to grow exponentially and further the Digital India goal MUMBAI, INDIA, July 16, 2024 /EINPresswire.com/ -- Intellect Design Arena Ltd, a cloud-native, future-ready, multi-product Financial …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 17, 2024 - 05:44 GMT
Jinggoy wants food manufacturers, establishments to donate excess edible food to food banks
PHILIPPINES, July 17 - Press Release July 17, 2024 Jinggoy wants food manufacturers, establishments to donate excess edible food to food banks SENATE President Pro Tempore Jinggoy Ejercito Estrada has filed a bill seeking to require food manufacturers and …
Distribution channels: -
Published on July 16, 2024 - 12:15 GMT
Days Inns - Canada Reunites with Food Banks Canada for Second Annual #FeedSummer Campaign
TORONTO, ON, July 16, 2024 (GLOBE NEWSWIRE) -- Days Inns - Canada proudly announced today, for the second year in a row, an impactful donation to Food Banks Canada in aid of their Food For All initiative. This contribution helps replenish stock, distribute …
Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
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Banking, Finance & Investment Industry Press Releases
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Published on July 22, 2024 - 01:00 GMT
Information Security Expert Mai Shuaibi is the First in Jordan Awarded the Certificate in Cyber Risk Governance®
GLOBAL, ORGANIZATION, July 21, 2024 /EINPresswire.com/ -- The DCRO Institute, the world's leading source of risk governance training and credentials for board members and C-suite executives, announced today the award of the prestigious …
Distribution channels: Banking, Finance & Investment Industry, IT Industry ... -
Published on July 22, 2024 - 00:00 GMT
Travanleo's Ecodrisil ESG Xpress got officially licensed by GRI
AI-powered ESG data management and reporting platform, Ecodrisil ESG Xpress, has undergone successful verification for compliance to GRI standards. DUBAI, UNITED ARAB EMIRATES, July 22, 2024 /EINPresswire.com/ -- Travanleo, a software company …
Distribution channels: Banking, Finance & Investment Industry, Food & Beverage Industry ... -
Published on July 21, 2024 - 20:15 GMT
Rosland Capital Reviews and Complaints 2024 Analysis Report Released by IRAEmpire.com
IRAEmpire.com releases the 2024 analysis of Rosland Capital reviews and complaints, highlighting customer experiences, service quality, and investment options. DALLAS, TEXAS, UNITED STATES, July 21, 2024 /EINPresswire.com/ -- IRAEmpire is proud …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 21, 2024 - 15:47 GMT
Saudi Arabia Shifts from Participation to Hosting: Sustained Global Scientific Engagement Since 2011
RIYADH, SAUDI ARABIA, July 21, 2024 /EINPresswire.com/ -- This year, the Kingdom of Saudi Arabia transitions from the ranks of participants to hosts and organizers of international scientific competitions. Riyadh, the capital city, is set to host …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 21, 2024 - 15:07 GMT
Mopak Unveils Exciting New Products: Wanderer Sling Plus and More
Discover the latest Mopak innovations with the Wanderer Sling Plus, enhanced for better functionality, and enjoy exclusive summer discounts on travel gear. ARTESIA, CALIFORNIA, UNITED STATES, July 21, 2024 /EINPresswire.com/ -- Mopak Unveils …
Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ... -
Published on July 22, 2024 - 02:00 GMT
APRA issues $10.7 million infringement notices and accepts court enforceable undertaking from OPC
The Australian Prudential Regulation Authority (APRA) has agreed to accept a court enforceable undertaking (CEU) from OnePath Custodians Pty Limited (OPC) pledging to rectify compliance deficiencies and compensate members. OPC has also paid $10,704,600 …
Distribution channels: Banking, Finance & Investment Industry -
Published on July 21, 2024 - 20:43 GMT
Global Policy Advisors sees financial market volatility leading up to DNC Convention
NEW YORK, July 21, 2024 (GLOBE NEWSWIRE) -- In an advisory note, Global Policy Advisors (GPA), a consultancy to institutional investors, highlighted the potential for increased financial market volatility in the weeks leading up to the Democratic National …
Distribution channels: Banking, Finance & Investment Industry, Politics ... -
Published on July 21, 2024 - 07:50 GMT
Ketamine Academy Announces Full-Tuition Scholarship for Business Accelerator Program
Ketamine Academy Opens Their Application Cycle for Business Accelerator Training Full-Tuition Scholarship ORLANDO, FLORIDA, UNITED STATES, July 21, 2024 /EINPresswire.com/ -- Ketamine Academy is thrilled to announce the opening of the …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 21, 2024 - 07:43 GMT
Accounting Guru Martha Barrantes Reveals Projections for Financial Stability in 2024
Martha Barrantes forecasts key 2024 financial strategies for SMBs, emphasizing technology and sustainability for stability. SAN JOSE, COSTA RICA, July 21, 2024 /EINPresswire.com/ -- Renowned accounting expert and entrepreneur Martha Barrantes …
Distribution channels: Banking, Finance & Investment Industry ... -
Published on July 20, 2024 - 19:04 GMT
MRC Global Pay Revolutionizes International Money Transfers with Low Fees and Strategic Market Focus
The International Money Transfer Low Fees Revolution Has Begun OTTAWA, ONTARIO, CANADA, July 20, 2024 /EINPresswire.com/ -- MRC Global Pay is proud to announce the launch of its cutting-edge international money remittance app, designed to offer …
Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ... -
Published on July 20, 2024 - 15:30 GMT
The Federal Reserve Faces Difficult Decisions: Why Rate Hikes Are on the Horizon
With high inflation and a tight labor market, the Federal Reserve must prioritize stability over short-term relief, making rate hikes essential. LAS VEGAS, NEVADA, USA, July 20, 2024 /EINPresswire.com/ -- In recent discussions, economist Peter …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 20, 2024 - 15:07 GMT
inMotion Real Estate Media Launches New Web Presence for New England Realty Advisors
New York-based inMotion was commissioned by New England Realty Advisors to develop and launch a website for the commercial real estate firm. NEW YORK, NEW YORK, USA, July 20, 2024 /EINPresswire.com/ -- inMotion Real Estate Media announces the …
Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ... -
Published on July 20, 2024 - 15:03 GMT
Schuman Homes is Fast Gaining Popularity as One Stop Destination for Custom Homes Construction in Georgia
Schuman Homes combines the latest technology with skilled craftsmanship to produce distinctive living areas in Georgia. SAVANNAH, GEORGIA , UNITED STATES, July 20, 2024 /EINPresswire.com/ -- Schuman Homes, a popular custom home builder in …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 20, 2024 - 15:00 GMT
Vibrant’s Latest Release Promises to be a Resource-Rich Guide to Organizational Behavior
Author Vic Clesceri provides practical strategies for addressing organizational complexities in his book “Organizational Behavior Essentials.” BROOMFIELD, COLORADO, UNITED STATES, July 20, 2024 /EINPresswire.com/ -- Vibrant Publishers has …
Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ... -
Published on July 20, 2024 - 13:13 GMT
Environmental Liability Insurance Market Current Status and Future Prospects |AIG, Allianz
The Environmental Liability Insurance market size is estimated to increase by USD at a CAGR of 5.99% by 2030. PUNE, MAHARASHTRA, INDIA, July 20, 2024 /EINPresswire.com/ -- According to HTF Market Intelligence, the Global Environmental …
Distribution channels: Banking, Finance & Investment Industry ... -
Published on July 20, 2024 - 12:57 GMT
Health Insurance Technology Market Set for Explosive Growth: Collective Health, Devoted Health
The Financial Institutions Compliance Training market size is estimated to increase by USD at a CAGR of 16.81% by 2030. PUNE, MAHARASHTRA, INDIA, July 20, 2024 /EINPresswire.com/ -- According to HTF Market Intelligence, the Global Health …
Distribution channels: Banking, Finance & Investment Industry ... -
Published on July 20, 2024 - 07:58 GMT
Allegiance Gold Reviews and Complaints 2024 Analysis Report Released by IRAEmpire.com
IRAEmpire.com releases 2024 analysis report on Allegiance Gold reviews and complaints, highlighting customer satisfaction, and service quality. DALLAS, TEXAS, UNITED STATES, July 20, 2024 /EINPresswire.com/ -- IRAEmpire is proud to announce the …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 20, 2024 - 07:56 GMT
Patriot Gold Group Reviews and Complaints 2024 Analysis Report Released by IRAEmpire.com
IRAEmpire.com releases its 2024 analysis of Patriot Gold Group reviews and complaints, highlighting customer satisfaction, service quality & investment options DALLAS, TEXAS, UNITED STATES, July 20, 2024 /EINPresswire.com/ -- IRAEmpire is …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 20, 2024 - 07:44 GMT
Zil Money's 'Pay by Credit Card' Feature Drives Business Growth and User Surge
TYLER, TEXAS, UNITED STATES, July 20, 2024 /EINPresswire.com/ -- Zil Money, the leading B2B payment platform, has seen a significant user increase over the past few months due to its exceptional 'Pay by Credit Card' feature. This feature …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on July 20, 2024 - 07:04 GMT
UBX Cloud Creates A Rapid Solution To The Crowdstrike Outage Affecting Millions Worldwide
Download the newest version of the "CrowdFix" Update on UBX Cloud's Website SHELBY TWP, MI, UNITED STATES, July 20, 2024 /EINPresswire.com/ -- UBX Cloud, a dedicated cloud hosting provider with experience in IT solutions on a …
Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
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