Bleak Trends In European Business Optimism Seen In July 2022
Business optimism in Europe decreased in July 2022 compared to June 2022 amid inflation worries as cost-of-living constraints on households rose in nations including...
Bank of England Hikes Rates, Sees 13% Inflation, Long Fall
The invasion of Ukraine by Vladimir Putin has put Britain on a path to a longer-than-expected recession and inflation exceeding 13%, the Bank of...
The Rate of Inflation In The UK Breaches A 40-Year-Old Mark
As gasoline and food costs continue to rise, UK inflation reached a fresh 40-year high in June, according to official figures released on July...
Australian Banks Urge Clients To Use PayID To Thwart Scams
A public awareness media campaign has been launched by the ABA and collaborating ABA member banks to aid in defending clients against the rising...
BOA Fined $225mn For Misusing Pandemic Jobless Benefits
Bank of America Corp. was fined $225 million by federal regulators for improperly processing the disbursement of unemployment benefits and other state assistance during...
As Inflation Soars, Australia Will Review Its Central Bank
Australia announced that it would evaluate its central bank, including whether the emphasis on inflation targeting is appropriate, after authorities came under fire for...
2022 Forecasts For Tech Trends In Consumer Banking Industry
There is technology everywhere. What could be more obvious? One has likely heard this a million times. Within the last ten years, new technology...
Can The Fintech Industry Tsunami of Layoffs Help Banks?
Banks have had trouble luring IT talent over the past several years due to a national labour shortage that has been made worse by...
Increase In Bank AI Review Demonstrates Third-Party Risk
According to Joe Sergienko, Berkley Research Group's managing director, banks need to ensure they can appropriately explain and supervise the models they deploy, especially if...
KBC completes acquisition of Raiffeisen Bank International’s Bulgarian operations
KBC Bank and Raiffeisen Bank International (‘RBI’) completed the deal announced on 15 November 2021 concerning the acquisition of 100% of the shares of...