All articles by Douglas Blakey
Douglas Blakey
Israel-Hamas conflict: markets reaction latest
On 7 October 2023, Hamas led attacks into Israel and six days on, the markets are still reacting
Wells Fargo extends advice and planning, LifeSync access to all retail banking customers
Strategic expansion gives more Wells Fargo customers personalised, digital goal-setting experiences
UK consumer behaviour remains erratic, Bank of England warns lenders on defaults
The number crunchers at FICO are again sending warning signals to lenders while the Bank of England warns lenders to prepare for a rise in defaults
Banking on technology as sector-wide job cuts take place
Staff layoffs are by far the most popular cost-saving measure across banks this year writes Blandina Hanna Szalay. At the same time, spending on AI, forecast to displace more and more employees, continues to rise
Backbase launches Grand Central, its new-gen integration solution
Engagement banking platform provider, Backbase, dedicates $10m fund to fuel innovation
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Signal: kennek raises $12.5m to revolutionise the alternative lending space
Capital raise led by HV Capital and other leading VCs. Funding will be used to double down on growth in the UK and expand into continental Europe
Loyalty hurting UK savers who fail to switch bank
Two-thirds (66%) of UK consumers have not opened a new savings account in the past two years, despite most (62%) knowing there are better rates available if they do move bank
Access to Arabia and Salt Edge team up to support open finance in Jordan
Jordan-based banking tech provider, A2A, and open banking solutions provider Salt Edge will help Jordanian banks tap into the potential offered by open finance
Revolut launches Revolut 10 as it targets primary accounts
The digital challenger describes Revolut 10 as the app’s biggest update yet as customer numbers top 35 million. The aim is to make it easier for customers to spend, send, and save their money
Impending crypto asset regulatory tsunami: Ocorian
Jersey-based Ocorian, provider of regulatory and compliance services, warns UK-based crypto asset firms about the impact of the FCA’s new financial promotion regime