Tag: banking
Lloyds to Cease Invoice Financing Services According to FT Reports
A significant shift in Lloyds' financial services strategy amid changing market conditions.Highlights: Lloyds Bank plans to shut its invoice financing services.The decision signals a...
Wandhöfer Leads Open Finance Initiative in the UK
A new chapter in the UK's financial landscape with open finance strategies.Highlights: Wandhöfer appointed to lead UK open finance initiative.Aims to enhance collaboration within...
How Banking Regulations and Technology Fuel Economic Abuse Awareness
Exploring the role of fintech in combating economic abuse in banking.Highlights: Banking regulations are evolving to combat economic abuse.Technology plays a key role in...
BOE Governor: AI Likely to Displace Jobs in Financial Sector
Exploring the impact of AI on employment within financial services.Highlights: AI advancements could lead to significant job displacement in finance.BOE governor emphasizes the urgency...
Itsme Acquires Dutch Digital ID Service iDIN to Strengthen Identity Solutions
Enhancing digital identity verification in Belgium and the Netherlands.Highlights: Itsme acquires iDIN to enhance digital identity solutions.This move strengthens verification services for financial transactions.The...
HSBC Commits to Keeping All UK Branches Open for Two Years
The banking giant reassures customers amidst ongoing branch closures.Highlights: HSBC announces plans to maintain all UK branches for the next two years.The decision aims...