International

While the banking industry leads other industries in the adoption of some practices and technologies, digital transformation is not one of them. So, let’s take a look at 4 things …

The banking world appears to be convinced that the COVID-19 pandemic has accelerated digital transformation in the financial services industry. While this may be true in some senses, it is …

A new retail banking consumer “pulse” survey by the Boston Consulting Group is helping identify short- and long-term shifts in consumer behavior and sentiment on the basis of data from …

COVID-19 has resulted in an economic contraction that will likely be the deepest since World War II. It has also put tremendous stress on the banking industry. At the same …

Experts are predicting that the COVID-19 pandemic and related measures will serve to accelerate digital transformation strategies at commercial financial institutions across the Association of Southeast Asian Nations (ASEAN) region. …

Financial institutions operating in Eastern Europe and Central Asia were active in providing innovative services and solutions for small- and medium-sized enterprises (SMEs) in 2019. In fact, financial institutions in …

Bloomberg convened a peer community of C-level technology executives and senior decision-makers to examine how financial services leaders are embracing digital transformation to improve business continuity, modernize processes and navigate …

Prior to the COVID-19 pandemic, many financial institutions were on the digital transformation path, slowly moving toward what seemed like an eventuality. As the pandemic broke and the world moved …

In recent months, there has been a deep cultural change in the way we live our lives and conduct business. This change, brought on by the COVID-19 pandemic, is largely …

As we emerge from the COVID-19 crisis and look to the future, we can clearly see that banking will be very different than it was before. Perhaps most obviously, banking …

We’ve already seen some of how COVID-19 has changed our thoughts on the financial industry and how we engage with it. But it’s also important to look toward the future …

COVID-19 has spurred a fundamental shift in consumer behaviors and expectations. This shift is also impacting the way in which financial institutions interact with consumers as well as the way …

The European Banking Authority (EBA) has published a preliminary assessment of the impact of COVID-19 on the European Union (EU) banking sector. The main findings of the assessment are: Financial …

FinTech services have quickly become fundamentally important for continued development in emerging markets. This is largely due to the fact that access to financial services for many in these countries, …

Emmanuel Daniel, founder of The Asian Banker, discusses how commercial financial institutions around the world, by and large, failed consumers during the COVID-19 pandemic as well as the emerging new …

Philip Augar, financial expert and author on financial systems, connects with Andrew Hilton and Jane Fuller of the Centre for the Study of Financial Innovation to discuss the future of …

We’re now living in a new macroeconomic narrative, one with major changes taking place nearly every day. To survive in such conditions, it’s necessary to be flexible. Unsurprisingly, FinTechs are …

Despite a past of underwhelming collaborations between FinTechs and traditional financial institutions, the COVID-19 pandemic is likely to forge deeper relationships between the two as many legacy systems have proven …

According to a Deloitte report on the future of banking, the COVID-19 pandemic may end up resulting in new opportunities for FinTechs in the long term. In particular, the report …

Although the full impact of COVID-19 has yet to be determined, it is clear that business will not be as usual for some time. In response, many financial institutions are …