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US financial regulators have recently opened an investigation into Apple Inc’s first ever credit card, which has been accused of being sexist in its offerings to the public.

To keep up with customers’ demands banks need innovative business models that revolutionise the marketing, delivery and consumption of financial services while also delivering differentiation, competitive advantage and significant growth.

The introduction of new technology has led to substantial changes to the roles and activities of those working in the financial sector.

Big Four accountancy and auditing firm KPMG recently announced it will be axing a tenth of its UK partners in a bid to overhaul the firm.

Finance transformation is all about improving the overall value that finance provides, but with finance teams under increasing pressure to do more with less, this is something that is becoming increasingly difficult.