Banks Want to Innovate Digital Walltes — Can They?

One of the worst-kept secrets in payments was finally confirmed last week. That’s when Early Warning Services (EWS) announced its plans to launch a digital bank wallet in the second half of 2023 to challenge PayPal and named a former Mastercard exec as the CEO to lead the initiative. EWSContinue Reading

What the rising rate environment means for banks in 2023

More than 60% of the banks Accenture has surveyed are planning to start a core replacement this year, says Mike Abbott, global banking lead at the firm. Transcription: Penny Crosman (00:03): Welcome to the American Banker Podcast, I’m Penny Crosman. What trends should banks be wary of and planning forContinue Reading

German Banks Respond to Big Changes With Transformation

FRANKFURT, Germany–(BUSINESS WIRE)–Most banks in Germany are digitally transforming themselves as new competitors, regulations and consumer expectations trigger historic changes in the country’s banking industry, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2022Continue Reading

World’s Best Private Banks 2023

Global Finance rates the best high-touch banks in these low-touch times. Private banks are often characterized as “the jewel in the crown” of the broader financial institutions that own them. They are not particularly capital intensive, and they generate fee income. Their cost base is high, andContinue Reading

Ping An Bank's First Environmental Information Disclosure Report:Balance of Green Credits increased 204.6% YoY

HONG KONG and SHANGHAI, Oct. 21, 2022 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. ( “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that subsidiary Ping An Bank (the “Bank”, SHE:000001) has released its 2021 Environmental Information Disclosure Report. This first report provides disclosures on environmental performance,Continue Reading