The banking and financial services industry is severely affected by the global financial crises. They are in a state of flux due to regulatory confinements and the market’s increasing demands. For the past few years, the banking and financial services sector has been under intense pressure to meet market expectations while complying with strict regulations.
According to data from EY, the UK acquired 99 investment projects in financial services in 2019. However, in 2020, just 49 were acquired, a significant drop that puts the country only 14% ahead of France. The latest EY UK Attractiveness Survey for Financial Services found that foreign investment fell by 23% across Europe in 2020,
Morrisons is preparing for takeover negotiations following its rejection of a £5.5 billion ($7.6 billion) bid from Clayton Dubilier & Rice (CD&R) at the weekend. Read More
Consumers demand seamless digital transactions in their personal lives, but how does this uninterrupted experience translate to the corporate world? Learn how the transition from paper and spreadsheets to automated cash management systems is driving business growth and resiliency in this episode of Unpacked. June 16, 2021
While we applaud efforts to promote financial inclusion and encourage uptake of non-cash payments in the wake of the Covid-19 pandemic, the financial industry and government bodies need to remember a crucial sector of society that’s in danger of being left behind – the small businesses that are the backbone of any nation’s economy. read
There has been a real drive towards ‘frictionless’ banking in Western countries, giving rise to the question: why aren’t cross-border payments equally frictionless? Especially for those in emerging markets, who have everything to lose and much to contribute. Read More
Both Great Britain and the EU have agreed to begin discussions via an informal forum on financial services, but the talks are yet to begin. This had led to Britain’s finance ministry calling for the EU to expedite financial services talks, after the London Stock Exchange urged the bloc to avoid protectionism. Read More
Members of trade bodies, academia, and NGOs will make up the task force, known as the Green Technical Advisory Group (GTAG). The GTAF will be responsible for overseeing the government’s delivery of a “Green Taxonomy”. This common framework will offer comprehensible standards that lay out when a financial product or investment can be classed as
FinovateAsia Digital is less than two weeks away. If you are headquartered in the APAC region, do business in the region, or would simply like to know more about the fintech trends in one of the most technologically innovative parts of the world, then FinovateAsia Digital, held on the 22nd and 23rd of this month,
The use of fintech or financial technology is becoming increasingly widespread. Chances are that you’re using it, too, even if you don’t realise it. The developments in this area are a pretty positive thing, designed as they are to make personal financial management easier and improve financial literacy. As fintech experiences its meteoric rise and
Covering banking in the FinTech era, the World FinTech Report 2021 from Capgemini and Efma explores how successful FinTechs have breached the profitability barrier and analyzes alternative options for banks to alleviate the competitive threat. Discover how banks can implement digital-only subsidiaries with the “right-field” approach to be successful in the FinTech era.
Managing personal finances can be a challenge for everyone. Sadly, people dealing with a chronic illness often experience a unique and tougher set of financial challenges. Experts define a chronic disease as a long-lasting condition that keeps reoccurring. Conditions like pulmonary fibrosis and fibromyalgia can significantly slow down your operations, making day-to-day life extremely difficult.
