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Delayed and abandoned transactions punctuated a weak period for activity in the first half of the year, says PwC
Increase in productivity from remote work, bank onboarding applications, insurance claims, trade processing and capital markets payment related work
EU and UK banks could be in a far worse position than their US peers following the COVID-19 pandemic, research has shown
The New York-based bank will close six branches and merge them into other existing premises after a multi-year fall in in-person visits
The $50 billion bank will also invest in training programs for staff and take proactive measures to improve recruitment and supplier diversity
Decentralized finance (“DeFi") has grown from a blockchain-based FinTech sandbox into a complex array of platforms through which borrowers, lenders and investors can undertake bank-like transactions without banks
Investors have shied away from bank stocks despite multiple stress tests showing the sector to be performing well amid the pandemic
Companies that received PPP loans should be able to spend their time on rebuilding post-pandemic, not filling out complex forms, associations argue
Any CIO urgently needs to think about adopting a mature strategy for monetizing data to secure business success
Small and medium-sized banks have raised tens of millions of dollars through debt issuance while interest rates are low
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