As RBI’s May issue goes to press comes the news that Civilised Bank is to hand back its banking licence to give it more time …
Is Lloyds Bank’s strategy the key to saving the industry?
Many banks in the UK still struggle with profitability, but Lloyds Bank’s 2017 performance may provide hope for the future. Its net interest margin (NIM) …
Rent recognition could help challenger banks attract millennials
With UK tenants paying £51.6bn ($72.5bn) in rent in 2017 – a rise of 128% since 2007 – challenger banks should start to implement rent …
ING and Commonwealth Bank join forces on regtech pilot
Regtech has seen significant collaboration recently. Commonwealth Bank Australia (CBA) has completed a regtech pilot with ING to simplify information processing and regulatory compliance. The …
UK should follow Australia, Canada, and Ireland in scrapping coins
History and nostalgia should not prevent the UK moving forward as numerous other countries have done when their lowest denominations became almost irrelevant in today’s …
A happy 50th for DBS as digital investments pay off
With eight awards on the evening, DBS stole the show at the ninth annual RBI Asia Trailblazer Summit and Awards. ‘Engage customers digitally and they …
Amazon to increase dominance with checking account
Amazon is considering launching a checking account, according to a report in The Wall Street Journal. However, this move should be viewed more as an …
Bank of America bucks trend with branch expansion
While most banks are scrambling to close significant numbers of branches in an effort to cut operating costs, Bank of America has decided to open …
Compliance Makes Cyber Security a Greater Business Issue, not a Technical One
The amendment to the Australian Privacy Act around Notifiable Data Breaches (NDB) became effective from 22 February 2018. This means that new notification procedures are …
Is Tandem ready to compete?
British challenger bank Tandem has launched its first product; a credit card. With 0.5% cashback and zero overseas transaction fees, it looks a competitive offer. …