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Category: Banking


Application areas, Banking

Bank earnings: ‘lower for longer’ means buybacks will continue

October 11, 2017

Via: Market Watch

When big banks kick off the third-quarter earnings season next week, a familiar theme is likely to dominate: it’s hard to make money in a lower-for-longer world. Analysts expect banks to report tepid growth in nearly all their business lines, […]


Application areas, Banking

Banks should avoid customer service robots for a few more years

March 14, 2017

Via: ComputerWeekly

Banks should not use software robots on messaging platforms for a few more years because the customer experience is not yet good enough, according to Forrester Research. Software is used in sectors such as retail and mobile phone to automate […]


Application areas, Banking

How big banks can stop FinTech upstarts from getting your money

January 10, 2017

Via: Market Watch

A high-stakes competition is underway between traditional financial services institutions and disruptive FinTech startups. The Economistreports that more than $25 billion has been invested in financial technology — FinTech — in the last five years, with 4,000 firms challenging banks in just about every product […]


Application areas, Banking

This Android Trojan blocks the victim from alerting banks

December 14, 2016

Via: Info World

A new Trojan that can steal your payment data will also try to stymie you from alerting your bank. Security vendor Symantec has noticed a “call-barring” function within newer versions of the Android.Fakebank.B malware family. By including this function, a […]


Application areas, Banking

Affluent Singapore middle class turn to banking apps

December 6, 2016

Via: ComputerWeekly

Some 81% of Singapore’s affluent middle class use banking and finance apps to engage with financial service organisations, according to a report by Collinson Group. The report said that this presents financial services institutions with an opportunity to engage with […]


Application areas, Banking

Retail banks ordered to open up APIs

November 15, 2016

Via: ComputerWeekly

The Competition and Markets Authority (CMA) has called on the largest banks in the UK to develop a set of core open API (application programming interfaces). As part of its reforms to banking, the CMA said banks will be required […]


Application areas, Banking

Basel banking supervision edict stretches banks’ risk data governance

November 11, 2016

Via: ComputerWeekly

Banks are under pressure to meet the Basel Committee on Banking Supervision (BCBS) 239: Principles for effective risk data aggregation and risk reporting (RDARR), but it is not easy to get the policy and technical elements right, such as governance […]


Application areas, Banking

Raymond James profit buoyed by lending

August 10, 2016

Via: Market Watch

Despite the market’s turbulence earlier this year, Raymond James Financial Inc.’s revenue and profit rose in its second fiscal quarter on strength in its banking and lending activities. The St. Petersburg, Fla.-based brokerage firm earned $125.8 million, or 87 cents […]


Application areas, Banking

SWIFT warns of malware attack on another of its customers

May 13, 2016

Via: Info World

Financial transaction network SWIFT has renewed its warning to customers to be on their guard following the discovery of malware at another bank using its services. The bank first asked customers to take steps to secure their systems in the […]


Application areas, Banking

Barclays Bank closes US technology hub

April 4, 2016

Via: ComputerWeekly

Barclays bank is closing a technology hub in the US and laying off 270 people as it weighs up its global delivery options. The centre in McKinney Texas – which is part of Barclays investment banking arm – was set […]