All articles by Douglas Blakey

Douglas Blakey

Deal focus: Banc of California to snap up beleaguered PacWest

In one of the more significant reverse US banking takeovers of recent years, PacWest is to be bought by smaller rival Banc of California

NatWest, HSBC and Lloyds the big winners in latest current account switching stats

Attractive switching incentives again come to the fore, giving NatWest some welcome positive PR in what has been a nightmare week for the beleaguered UK lender

Santander Q2 2023 profit rises 14%, beats analyst forecasts

Santander net income of €2.67bn for the second quarter is boosted by strong metrics from its home, Spanish market

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