All articles by Douglas Blakey

Douglas Blakey

Lloyds Banking Group Q2 2023 profits flat, miss forecasts

Second quarter pre-tax profit is unchanged y-o-y at £1.6bn and lending and deposits inch down but Lloyds posts strong net interest income growth

Visa Q3 2023 revenue, net income beat forecasts

Visa reports net income of $4.16bn for the third quarter up 22% y-o-y with revenue of $8.12bn ahead by 12% y-o-y

How banks can retain funds and data by leveraging crypto

As positivity returns to the crypto industry, Todd Crosland explains why traditional financial firms should include crypto in their offerings to keep funds and data in their ecosystem

A new era for legacy banks with digital transformation

Martin Ward discusses why legacy banks can still innovate while undertaking long term digital transformation projects

Kyckr solves a $40m problem for financial institutions

Corporate KYC company, Kyckr, unveils the latest version of its Ultimate Beneficial Ownership verification tool

Patents signal: sharp drop in banking and payments patent activity in Q2

Digital banking, online payments, cyber and AI all register double digit drops in patent applications in Q2

65% of SMEs lack financial knowledge to expand beyond UK: HedgeFlows

Fintech platform reports that 72% of SMEs do not have the capability to manage foreign payments

Mastercard innovates virtual card acceptance with new receivables solution

A new automated solution from Mastercard helps streamline the way businesses accept and process virtual card payments

Jobs signal: US banks dominate hiring activity for year to date

Citi, US Bank, Wells Fargo and Chase are most active recruiters in world banking for the year to date according to GlobalData’s exclusive jobs analytics database

American Express Q2 2023 earnings beat forecasts, record revenue +12% y-o-y

Affluent cardmembers enable Amex to beat profit estimates with card spending up 8% in Q2