11 October 2023
11 October 2023
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
New platform enables customers to trade more than 11,000 global and regional equities and ETFs across 21 capital markets
Citi will sell its portfolio to HSBC as part of its winding down of consumer banking in China, with deal set to be completed in 2024
On 7 October 2023, Hamas led attacks into Israel and three days on, the markets are still reacting.
Alba was established to provide commercial finance to SME's and will look to continue to by using Mambu's cloud banking platform
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Per GlobalData, global spending by retail banks on cloud computing in 2022 amounted to $39 billion. Cloud computing has become a key technology enabler for retail banks. They typically deploy and use cloud infrastructure to store data and applications, and provide remote access to the same systems. Furthermore, cloud computing provides retail banks with a more flexible business model and lowers operational costs. Cloud-based systems have helped banks adapt to the rise in remote working, increased customer app use, and associated security and fraud risks.
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