Robin Smith is vice president of North America for banking software provider, Mambu. Robin has been in the fintech space for over 30 years, leading teams at Oracle, FIS, and Fiserv. Robin’s got a wealth of experience and knowledge over what’s happening in the core banking software industry, and atContinue Reading
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
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
By Steve Gelsi While rising interest rates have helped boost profits on loans, economic activity has been slowing down J.P.Morgan Chase & Co., Wells Fargo Co., Citigroup Inc. and Bank of America Corp. will kick off fourth-quarter bank earnings reporting season next Friday as the banks face a choppy economicContinue Reading
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
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
* Development banks urged to invest more to protect biodiversity * Finance for poorer nations seen as a hurdle at Montreal summit * Big banks urged to pay equal attention to nature and climate The world’s development banks could play a major role in protecting nature, butContinue Reading
Activists say some banks that have signed up to the Equator Principles are failing to live up to their pledge of properly assessing the environmental and social risks of the projects they finance. South Africa’s Standard Bank and Japan’s Sumitomo Mitsui Banking Corporation are facilitating funding for the East AfricanContinue Reading
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
Roughly 90 percent of the world’s central banks are pursuing central bank digital currency (CBDC) projects. Some, including those in the United States and South Africa, are at the exploratory phase; others are development projects (the European Union) and pilots (China). In some locations,Continue Reading
