13 September 2023
13 September 2023
Varo Bank will continue to use Temenos Banking cloud to help the bank bring products to the market faster
The UK's happiest workers? Banking takes top spot ahead of law and education
Research from Vontobel reveals that 71% of investors plan to ramp up impact investing
Net income for the 4,645 FDIC-insured commercial banks and savings institutions rises from the year ago quarter as growth in net interest income exceeded growth in provision expense and non-interest expense
ClearBank reports that total deposits rise from £3bn to £5.4bn in the six months following the SVB crash
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Per GlobalData, 495 metaverse deals were executed by banks between Q1 2017 and Q2 2023. The metaverse can potentially address challenges banks face, particularly around ESG, financial inclusion, and demographics. However, banks investing in the metaverse will face a range of complexities, many of which they already face in the physical world, like cybersecurity. As the metaverse matures, it will serve more to create new revenue streams for banks instead of addressing challenges.
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