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Lloyds to axe 3,000 jobs, close 200 branches Lloyds Banking Group is accelerating its restructuring efforts amid a surge in digital banking and persistent low interest rates. Banking Services > Retail Banking > News
Lloyds to axe 3,000 jobs, close 200 branches By BBR Staff Writer
Lloyds Banking Group is accelerating its restructuring efforts amid a surge in digital banking and persistent low interest rates.
Banking Services > Retail Banking > News OKI installs 600 cash recycling ATMs for State Bank of India By BBR Staff Writer
OKI has announced the installations of 600 sets of cash recycling ATMs, ATM-Recycler G7, in June 2016, to the State Bank of India (SBI), the largest bank in India.
Banking Services > Retail Banking > News Groupe BPCE to buy German digital challenger bank Fidor By BBR Staff Writer
Groupe BPCE has announced the signing of an agreement with the key shareholders and the founders and managers of Fidor Bank related to the acquisition of their equity interests in the company.
Banking Services > Retail Banking > News
Shawbrook Bank selects Jaywing for IFRS 9 compliance By BBR Staff Writer
Credit risk analytics expert, Jaywing, was appointed by Shawbrook Bank to support it through the build of a comprehensive credit risk modelling programme.
Banking Services > Retail Banking > News Blom Bank selects Wolters Kluwer for risk management solutions By BBR Staff Writer
Blom Bank, a Lebanese bank, has chosen Wolters Kluwer’s OneSumX to provide it operational risk software solution.
Banking Services > Retail Banking > News Fifth Third Bank launches digital wallet Fifth Third Masterpass By BBR Staff Writer
Fifth Third Bank has announced that its customers will have access to fast, simple and secure digital payments across devices.
Banking Services > Payments > News

Latest News and Insight by Sector

Banking Services

Lloyds to axe 3,000 jobs, close 200 branches
By BBR Staff Writer
Lloyds Banking Group is accelerating its restructuring efforts amid a surge in digital banking and persistent low interest rates.
Banking Services > Retail Banking > News
OKI installs 600 cash recycling ATMs for State Bank of India
By BBR Staff Writer
OKI has announced the installations of 600 sets of cash recycling ATMs, ATM-Recycler G7, in June 2016, to the State Bank of India (SBI), the largest bank in India.
Banking Services > Retail Banking > News

Wealth & Assets Management

Cozad Asset Management selects Marketo to improve customer reach
By BBR Staff Writer
Marketo, a provider of engagement marketing software and solutions, today announced that Cozad Asset Management has selected Marketo to expand its reach among prospective clients.
Wealth & Assets Management > Asset Management > News
UK, South Korea establish fintech bridge
By BBR Staff Writer
The UK and South Korea have established a new FinTech bridge to help financial technology firm and investors in both the countries.
Banking Services > Retail Banking > News

Intermediaries

Bank of America Q2 profit falls 19%, led by low rates
By BBR Staff Writer
Bank of America has reported 19% decline in its net income for the second quarter of this year, as it continues to struggle with prolonged low interest rate period.
Banking Services > Retail Banking > News
Maybank Indonesia deploys Intellect’s treasury solutions for Indian operations
By BBR Staff Writer
Intellect Design Arena has announced that Bank Maybank Indonesia, one of the largest banks in Indonesia, has gone live with Intellect’s Integrated Treasury Management System (ITMS) – OneTREASURY for their Indian operations.
Intermediaries > ECN & Exchanges > News

Technology

Swift hires cybersecurity firms to check fraud
By BBR Staff Writer
Interbank messaging network Swift has hired expert cyber security firms BAE Systems and Fox-IT to probe security incidents within customer environments.
Banking Services > Payments > News
Russia’s central bank forms blockchain research consortium
By BBR Staff Writer
Russia’s central bank has formed a blockchain research consortium by partnering with some of the privately-owned banks in the country.
Banking Services > Retail Banking > News

Policies & Regulatory Compliance

Bank of Canada explores blockchain-based payment transfer system
By BBR Staff Writer
The Bank of Canada said that it is experimenting a blockchain-based payment transfer system in partnership with R3 CEV, a consortium of major global banks, and the Canadian Payments Association.
Banking Services > Payments > News
UK to face £236m cost from polymer notes
By BBR Staff Writer
Introduction of polymer notes by the Bank of England is expected to £236m to the UK economy, according to a payments intelligence firm.
Banking Services > Retail Banking > News

Risk Management

Blom Bank selects Wolters Kluwer for risk management solutions
By BBR Staff Writer
Blom Bank, a Lebanese bank, has chosen Wolters Kluwer’s OneSumX to provide it operational risk software solution.
Banking Services > Retail Banking > News
NetGuardians teams up with BehavioSec to offer fraud protection solutions
By BBR Staff Writer
Swiss-based NetGuardians and Sweden’s BehavioSec are joining forces to leverage their complementary technologies to provide complete fraud protection to financial institutions – and their clients – around the world.
Banking Services > Retail Banking > News