The five core components that will drive the next wave of banking innovation

The five core components that will drive the next wave of banking innovation

The growth in online banking has been – and will continue to be – rapid. From a valuation of $11.43 billion in 2019, the projections are that it will reach $31.81 billion by 2027, at a CAGR of 13.6%. For the incumbent banking system, this rapid growth poses a real and ongoing challenge, as it

Wells Fargo launches Banking Inclusion Initiative to accelerate unbanked households’ access to affordable transactional accounts

Wells Fargo launches Banking Inclusion Initiative to accelerate unbanked households’ access to affordable transactional accounts

New initiative will help unbanked Black and African Americans, Hispanics, and Native Americans have easier access to low-cost banking Wells Fargo today announced the Banking Inclusion Initiative, a 10-year commitment to help unbanked individuals gain access to affordable, mainstream, digitally-enabled transactional accounts – a meaningful entry point to fully participating in the economy and achieving

A general introduction to the banking regulatory regime in India

A general introduction to the banking regulatory regime in India

An extract from The Banking Regulation Review, 12th Edition Introduction The Reserve Bank of India (RBI), as the central bank of the country, was set up in April 1935 on the basis of the recommendations of the Hilton Young Commission, under the aegis of the Reserve Bank of India Act 1934 (the RBI Act). Since

How Banking Will Evolve in 2021

How Banking Will Evolve in 2021

The words “open” and “banking” have developed a specific association in recent years. It won’t be long, however, before we drop the “open” in open banking as something inherent, in the same way that “digital” is becoming largely unnecessary in “digital banking” now. Whatever terms you choose to describe what’s happening, the banking sector is

Why Marketing Will Make or Break Autonomous Banking

Why Marketing Will Make or Break Autonomous Banking

Subscribe to The Financial Brand via email for FREE! Autonomous finance, or as some say, “self-driving” finance, can be designed and trained to perform many financial tasks from automating savings to running a personal stock portfolio to providing spending alerts and budgeting advice. It’s being used by both fintech startups and traditional banking institutions.

Prometeo Open Banking, a Latin American Company Leading Financial Services

Prometeo Open Banking, a Latin American Company Leading Financial Services

NO PURCHASE NECESSARY. PURCHASES DO NOT INCREASE ODDS OF WINNING. ODDS OF WINNING DEPEND ON NUMBER OF ELIGIBLE ENTRIES RECEIVED. VOID WHERE PROHIBITED. 1. Promotion and Sponsor. Participation in the Chispa & BELatina’s Date & Educate Sweepstakes promotion (the “Promotion”) constitutes Entrant’s (as defined below) full and unconditional agreement to these Official Rules. Entrant is free