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Category: Finance

Finance News

Big Banks Compete With Neobanks for Lower-Income Consumers

2 years agoFreya Jones

There’s a growing competition in financial services for the attention of lower-income households, and the battle is intensifying between traditional banks and neobanks. While big banks have historically dominated, neobanks,...

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Finance News

FII Selling: Opportunity for Indian Domestic Investors to Buy High-Quality Banking Stocks

2 years agoNoah Mark

As Foreign Institutional Investors (FIIs) continue to sell off equities in the Indian market, domestic investors may have a unique opportunity to capitalize on this trend by purchasing high-quality banking...

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Finance News

NatWest and RBS Banking Apps Go Down, Leaving Millions Without Access

2 years agoOlivia Smith

This morning, millions of customers across the UK were left unable to access their accounts as two major banking apps—NatWest and The Royal Bank of Scotland (RBS)—went down. Users reported...

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Finance News

Bank of Baroda Embraces ‘Make in India’ Switches to Modernize Banking Infrastructure

2 years agoMason Miller

In a major stride towards digital transformation, Bank of Baroda (BoB), India’s second-largest public sector bank, has successfully upgraded its banking infrastructure across 1,600+ branches. This upgrade, in alignment with...

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Finance News

Red Flags on Your Bank Statement That Could Concern Banks

2 years agoHenry Wilson

When applying for a mortgage or moving home, your bank statement might hold clues that could raise concerns with lenders. Mortgage advisor Angela Little, known for her insights as “A...

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Finance News

NatWest, RBS, and Ulster Bank Experience Major Outage, Leaving Brits Without Access to Mobile Banking

2 years agoFreya Jones

Thousands of customers across the UK were unable to access their money after major web outages at NatWest, Royal Bank of Scotland (RBS), and Ulster Bank. The issue, which affected...

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Finance News

Should Banks Charge Fees for Accessing Customer Data?

2 years agoHenry Wilson

As the government develops a Consumer Data Right (CDR) regime, a key question arises: should banks be allowed to charge fees for those accessing their customers’ data? This debate is...

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Finance News Technology

Integris Reveals Top IT Trends for US Banks in 2025

2 years agoNoah Mark

IT managed service provider (MSP) Integris has released its latest report, “Understanding US Banks’ Annual IT Spend in 2025,” highlighting key trends and strategic priorities for the banking sector. The...

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Finance News

Backbase and Middesk Partner to Enhance KYB Verification for Banks and Credit Unions

2 years agoMason Miller

Backbase, a leading provider of engagement banking platforms, has announced a strategic partnership with Middesk, a business identity platform, to enhance Know-Your-Business (KYB) verification for banks and credit unions. This...

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Finance News

UK Banks Given Extra Three Days to Delay Payments in Effort to Beat Scams

2 years agoHenry Wilson

In a significant move to combat fraud, UK banks have been granted new powers to delay payments by up to three days to investigate suspicious transactions. This decision, announced by...

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