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