All articles by Douglas Blakey

Douglas Blakey

GFT AI.DA Marketplace launches

AI.DA or Artificial Intelligence & Data is, says GFT, the faster way to utilise AI

2024: Call for banking and payments sector forecasts

It is that time of the year again. Now that we are into Q4, I am reaching out to the banking and payments sector for their end of year review comments/or 2024 forecasts

ECB supports digital euro: industry reaction

The European Central Bank gives the go-ahead for the preparation phase of a digital euro

UNDP and SIA agree global partnership to improve digital identity systems

The partnership is committed to promoting open standards and interoperability

Banks out, brands in, say younger European consumers

More than half of 25-34-year-olds (52%) find using financial products via their favourite brands more convenient than using a conventional bank according to research from Vodeno/Aion Bank

Businesses & consumers demand a passwordless future

Consumers are increasingly demanding alternatives to passwords as AI-fuelled phishing attacks increase, according to data released by The FIDO Alliance meanwhile, businesses are also working towards a passwordless future

Wells Fargo Q3 2023 net income +60% y-o-y, beats forecasts

Revenues rise by 7% y-o-y to $20.9bn at the US’ fourth largest bank, boosted by an 8% rise in net interest income

Strong consumer finance performance helps Citi Q3 2023 revenues beat forecasts

Citigroup revenue rises by 9% y-o-y for the quarter to end September with net income ahead by 2% boosted by growth in consumer finance and institutional client segments

JPMorgan Chase Q3 2023 earnings beat forecasts, net income +35% to $13.2bn

Chase reports a 21% rise in net revenue for the quarter to end September, boosted by strong net interest income growth reflecting higher deposit margins

More than 40% of banks fall victim to financial crime in last six months

SmartSearch renews warning that not all banks always complete checks to verify identity of new customers