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Barclays reported a 2% drop in profits to £5.4 billion, and announced it intends to halve the dividend for this year and next. The bank will pay a final dividend for 2015 which brings the full year total to 6.5p but for 2016 and 2017 this will be reduced to 3p in each year. Barclays […]
A major shift in UK banking behaviour can be expected over the next five years, according to a report, The future of finance: how technology is democratising the financial services sector, launched today by TransferWise. People are ready and willing to consider financial technology alternatives to their bank. 65% of UK adults already say that […]
Concern about possible failure of the global economic recovery and the damage this would do to a still fragile banking system is growing. Results from the CSFI’s latest global annual survey, conducted in association with PwC, ‘Banking Banana Skins 2015’, puts concern about the macro-economic environment at the top of the list of 24 possible […]
EY today launches its Global Banking Outlook for 2016, which looks at banking trends across the world for the year ahead, and focuses this year on talent in the sector. In recent years, banks have refocused, redefined and reshaped many aspects of their core business, structures and processes through technological innovation, but their workforce demographic […]
A new study from Juniper Research finds that the global number of banking apps accessed via smartwatches will reach the 10 million mark in 2017, rising to more than 100 million by 2020. The research found that the use of smartwatches to access ‘push’ banking information services has been steadily gaining traction over the past […]
Alpha Insight, a UK fintech company with a three-year track-record of exceptional delivery, is looking to shake up the global financial sector through its real-time process monitoring and measurement solutions. Combining deep financial experience and technical monitoring skills, Alpha Insight successfully makes sense of millions of metrics, creating unrivalled end-to-end insight into financial organisations’ business […]
Do we dare call it “emoji-metric authentication”? Courtesy of Intelligent Environments, online banking customers in the U.K. will soon be able to access their online banking accounts using emojis instead of passwords. The emoji-password technology is now a part of the Intelligent Environments online banking app, currently available on Android. Intelligent Environments says that it is […]
A user-centric approach which allows executives to choose their own device is fundamental to a bank’s success in mobile corporate banking services and should be a key component in every bank’s omni-channel strategy. This is the view expressed in the latest white paper published in April by Mobey Forum, the global industry association empowering banks […]
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