Branch evolution: moving to a hybrid model
As digitalisation forces branch closures and online services become more personalised, banks could still retain in-person services through hybrid models, according to Temenos report. Source link
Success for the Dominican financial services sector
The new branches of Banco Popular Dominicano follow the global trend, incorporating greater self-service as well as business consulting  Author: Francisco Ramirez, Executive Vice President of Retail Banking, Banco Popular Dominicano August 2, 2021 The International Monetary Fund (IMF) is never known to heap praise on countries, particularly developing nations. Yet in early May, the … Read more
Interchange fee hike creating waves
The contentious issue of interchange fees rages on as Visa and Mastercard get ready for their five-fold fee hike. Source link
South Africa’s banks count costs of unrest –
The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more
E-commerce strategies boom as banks look to diversify
Despite rising inflation as countries around the world reopen following Covid-19, the continued fragility of the global economy will likely see interest rates remain at ultra-low levels for the foreseeable future as central banks seek to shore up the recovery. A low-rate environment, however, remains a problem for banks’ bottom lines. The average bank earns … Read more
The DoJ’s power to subpoena foreign banks expands as the SFO’s diminishes –
The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more
ICS Financial Systems is shaping the Islamic bank of the future
Interview with: Robert Hazboun, Managing Director, ICS Financial Systems July 28, 2021 The modern Islamic finance industry is young but evolving rapidly, serving a growing population of Muslims as well as non-Muslims. According to the Global Islamic Finance Markets Report 2019, the industry’s total worth, in conjunction with key industry stakeholder organisations across its three … Read more
Mastercard taps into the power of 5G
The global payments company is getting ahead of emerging technologies, such as 5G and the Internet of Things, that will accelerate the move away from cash, explains its chief innovation officer. Source link
The DOJ’s power to subpoena foreign banks expands as the SFO’s diminishes –
The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more
A rising star in the Saudi financial markets
  Alistithmar for Financial Securities and Brokerage Company (Alistithmar Capital) is a major player in the financial services industry. The company offers a wide range of products and services such as asset management, brokerage, and investment banking. Over the past couple of years, the company has achieved significant growth in AUM with a broadened product … Read more