In the world of finance, the convergence of two institutions – outside of an M&A – is uncommon. Beyond this, we rarely see two financial brands come together for a common cause. However, when it does happen, it’s critical that they present a clear and unified proposition if they are to achieve success. And the
Credit Suisse will overhaul the leadership of its investment bank and risk division following the collapse of hedge fund Archegos Capital, which the firm estimates will cost it $4.7 billion. In a statement on Tuesday, the firm said it would take a hit of 4.4 billion Swiss francs from “the failure by a US-based hedge
Unsurprisingly, financial services firms and their troves of sensitive data were a big target for threat actors in 2020. The rapid shift to remote work, coupled with insufficient budgets and a lack of training and awareness to mitigate attacks, led to an increased risk for many sectors. Despite the need for cybersecurity and the cost
Shares in food delivery startup Deliveroo rallied on Wednesday as its first day of unconditional trading on the London Stock Exchange began. Wednesday marked the first time that retail investors could trade shares in Deliveroo, including the 70,000 who invested in the company’s IPO. It followed a week of “conditional” trading that began last week,
Taught by 20+ industry experts from HSBC, Citibank, Ping An Technology, Kabbage, in this specialization you will learn about the important elements of Fintech and how they can be applied to various financial scenarios.
Card Payments Directly on Your Phone, No Additional Hardware
Three months into 2021 and we are seeing more bank branch closures on the cards with HSBC unveiling their plan to close branches. Of course, this isn’t unusual news. Legacy banks are suffering a perfect storm; massive reductions in customers utilising traditional banking channels and new entrants seizing market share with innovative digital only solutions.
Despite significant efforts by schools and media to give more attention to financial skills, the level of financial literacy in the general population remains low. Basic financial budget management appears very difficult for many people, let alone understanding more complex concepts like the correlation between risk and return, the need for diversification or fiscal optimization. read
The foreign exchange or forex market is the biggest financial market in the world. It is even bigger than the stock market. Moreover, the forex market continues to grow, and one major reason for this is the use of the latest technologies, including artificial intelligence. In fact, it wouldn’t be wrong to say that AI
The Chartered Institute of Insurance has some brutal news for the profession. There is a crisis of trust in insurance. Under-insurance is the prime symptom. In the UK one in four homes has no form of home insurance. Fewer than one in three UK citizens has life insurance. It leaves families unprotected and vulnerable. Worse,
The digital solution needs of banks, insurers and other organisations offering financial services have increased significantly. Solutions for online onboarding & enrollment, setting up virtual branches and online assistance via remote video and co-browsing are already pre-requisites. Read More
