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No news found.
One-third of customers would change bank after outage
A new survey delving into technical failures within the financial services industry, and consumer attitudes towards them, has revealed a growing number of UK consumers have been hit by a technology f
30 July 2024
Financial services sector most mature in cybersecurity
Financial services players are the most mature in terms of their cyber-security infrastructure, according to a new study from Wavestone.
16 July 2024
Only 14% of financial services firms have AI in corporate strategy
The benefits of artificial intelligence for the financial services sector are supposedly massive.
19 June 2024
Most cyber breaches in financial services and healthcare
A new report from Kroll has found that the healthcare and financial sectors remain the leading focus for data breaches.
27 February 2024
Digitalisation and automation top focus for financial firms in 2024
Research into the UK financial services sector reveals nine-in-10 firms reported increased revenues in the last 12 months.
19 December 2023
Generative AI to boost productivity in financial services
Hype around generative AI and machine learning is continuing to buoy economic sentiment across Europe, with fewer than two-in-five financial services CEOs now expecting a severe downturn in the comin
07 November 2023
UK sees fintech investment decline 57% in one year
Investments in the UK’s fintech sector have plummeted by 57% between 2022 and 2023.
29 August 2023
Financial services CEOs embrace AI in spite of concerns
Almost half of financial services firms around the world have already integrated an AI-driven product or service change into their capital allocation process.
16 August 2023
The future of retail banking in four industry scenarios
The world of retail banking is set for change in the coming years, with niche players, neobanks, FinTechs and big techs all seeking to grow their slice of the cut.
15 February 2023
UK financial sector lags on boardroom parity
Some countries in Europe are seeing financial services boardrooms approach senior-level gender parity. However, the UK’s reluctance to legislate on the matter means it lags behind leaders like France and Italy on the matter.
17 October 2022
Most central banks considering own digital currency
One-in-eight of the world’s central banks have considered launching a central bank digital currency, according to a new study.
21 April 2022
Customer loyalty a missed opportunity for digital-first banks
Jehan Sherjan, Insights Director at business advisory SRM Europe, outlines why customer loyalty – or more precisely, failing to build a loyal consumer base – is a missed opportunity for digital banks
26 October 2021
Wealth managers failing to adapt to ESG needs face client exodus
In the face of continued concern about the sustainability of economic activity, just under half of investors still feel wealth managers do not adequately understand their ESG goals.
18 May 2021
Nine-in-ten bank boards lack professional technology experience
Around 90% of board directors at leading banks have confessed to lacking professional technology experience.
06 April 2021
Covid-19 aftermath could wipe off $4.7 trillion from banking sector
The global banking sector faces a multi-trillion stress-test in the coming three years, according to a new review of the industry by consulting giant McKinsey & Company.
13 January 2021
Global market size of digital payments industry soares
The number of non-cash transactions, or digital payments, soared worldwide last year to surpass 700 billion – adding up to nearly 100 digital transactions on average in a year for each person on earth.
29 October 2020
European FinTechs face 'existential threat' as funding dries up
Despite years of hype declaring FinTech investment was set to experience some endless boom, the bubble looks set to burst amid the current recession.
12 October 2020
How Covid-19 is changing the operations of UK banks
The UK banking sector has had to adapt quickly to cope with the challenges of the coronavirus pandemic, with three-quarters of financial sector leaders saying their organisation has become more innov
08 October 2020
Extended Reality offers financial services huge opportunities
The use of Extended Reality has the potential to disrupt the financial services industry, according to a new report by Synechron.
23 September 2020
Quarter of bank branches will close in coming three years
The number of bank branches in Europe has declined dramatically over the past decade, from 240,000 a decade ago to around 165,000 today.
14 September 2020
Financial services incumbents thrive amid industry disruption
While digital disruption has upended many customer-centric businesses, financial services incumbents have more than weathered the storm.
12 February 2020
AI can boost financial services revenue by $140 billion
Artificial intelligence brings lots of promises to the financial services industry, including a way to address the scarcity of workers who possess data analytics, cybersecurity, and AI skills.
10 January 2020
Generation Z unmoved by offerings of challenger banks
Simply appealing to young people’s tendency to use apps to streamline everyday activities does not seem to be winning challenger banks must business among Generation Z, according to a new study.
09 January 2020
Financial services could unlock $700 billion by better serving women
Financial services companies are costing themselves as much as $700 billion every year by failing to take adequate steps to better understand the needs of female clients.
27 November 2019
Financial sector focuses on digitalisation over Brexit preparations
The financial service sector in the UK continues to face tough market conditions, with Brexit uncertainty and regulatory change on the horizon.
05 August 2019
Financial services has worst gender pay gap of any UK industry
As the annual gender pay gap reporting deadline approaches in the UK, only around one in 10 of the organisations expected to submit their data have done so.
25 February 2019
Brexit and looming economic crisis hit financial services optimism
The levels of optimism among the UK’s financial services sector remains at a worrying low, according to a new report co-authored by the country’s representative body for business interests.
21 January 2019
Fiduciary management market sees lowest growth since financial crisis
A new study on the UK’s £142 billion fiduciary management market has found that it has suffered its slowest growth in a decade.
03 December 2018
Global banking facing 'anaemic' revenues a decade on from financial crisis
A new study has found that banking revenues across the world have collapsed since the global financial crisis, as industry growth is running at less than half the historical average.
15 November 2018
FinTech and challenger banks rapidly changing financial landscape
Newcomers in the UK financial services sector are eating into the market share of traditional banks at an unprecedented rate, according to a new study.
07 November 2018
Asset management sector doubles holdings to $79 trillion in 10 years
Asset managers had a strong 2017, as new money entered their catchments, global markets boomed and new products were developed.
31 October 2018
Women in financial services look for policy change for career support
Over 50% of those polled in a new survey believe that an employee’s gender and or diversity can be a barrier to career progression in financial services.
12 October 2018
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