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Why preventing fraud online requires a holistic approach

Without a coherent and well thought out strategy, preventing fraud online can quickly become an expensive business. In the past,…

StanChart runs away with award for Best Customer Experience Business Model

Standard Chartered launched a new ‘Service Excellence Model’ as part of its efforts to drive service excellence. The model encompassed…

Pinnacle Financial Partners receives regulatory nod to acquire BNC Bancorp

Tennessee-based Pinnacle Financial Partners, the parent of Pinnacle Bank, has obtained the nod from the Federal Reserve Bank of Atlanta,…

South Korean regulator approves internet -only bank Kakao Bank

Kakao Bank, a South Korean internet-only lender, has received the final approval from the country’s Financial Services Commission (FSC). The…

Mizuho Bank taps Vasco to boost online banking security

Japan’s Mizuho Bank has implemented DIGIPASS for Apps solution from Vasco Data Security International to strengthen security of its online…

UK challenger bank Monzo secures full banking licence

British mobile-only bank Monzo has received a full banking licence from the Prudential Regulation Authority (PRA) and the Financial Conduct…

Lloyds to shutter 100 branches and slash 325 jobs

British banking group Lloyds is set to close 100 branches as part of a three-year cost-cutting plan, which is expected…

JPMorgan backtracks on Brexit job cuts warning

JPMorgan CEO Jamie Dimon has said the bank will not move many employees out of the UK in the next…