All articles by Douglas Blakey
Douglas Blakey
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
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
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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
Duty calls – but is industry picking up?
The Fairbanking Foundation questions if financial services firms have the cultural bandwidth to ensure that the new Consumer Duty provisions will make a real difference for customers
Emirates NBD launches new digital wealth offering
New platform enables customers to trade more than 11,000 global and regional equities and ETFs across 21 capital markets
UK financial services firms’ confidence increases: CBI
41% of UK financial services firms predict an optimistic last few months of 2023 according to a survey from the Confederation of British Industry (CBI)