Articles about Banking

3 Good Reasons for Small and Medium Businesses to Diversify Their Banking Infrastructure

The international banking and payments environment can be unpredictable at times, and without expert guidance small companies can come up against costly delays. That’s why it is recommended setting up a diversified banking and payments infrastructure early. It can save delays and money in the long term.
article image
article image

A Growing Payments Market Calls for Increased Cooperation

Cooperation between traditional banks and non-bank payment services providers is at an all-time high. This integration has proven to be a win-win-win, with clients, regulators and market players all coming out ahead. As demand grows, even more integration in the payments ecosystem is needed to ensure stability and prosperity.
article image

Eyal Nachum of Bruc Bond to Banks: Embrace Openness

Eyal Nachum, fintech guru and board member at Bruc Bond, has a message to Europe’s banks: embrace openness and connectedness. It’s the only way to thrive in the future.

Bruc Bond's Eyal Nachum to Clients: Demand More From Us

At Bruc Bond, consistent communication is not a means, it's its own goal. So we want our clients to demand more of it, says Eyal Nachum.
article image

“Customer centric banking is finally going to be a reality!” – Bruc Bond Singapore CCO Tarini Ponniah

Singapore is set to join Britain in the digital banking revolution. Bruc Bond Singapore CCO Tarini Ponniah: “customer centric banking is finally going to be a reality!” Regulators in Poland, Lithuania should follow suit.
article image

EU’s AMLD5 Is Not Enough

The last two years shook Europe with a wave of money-laundering cases brought forward against a number of big-name banks and financial institutions. Such a cascade demands serious attention and, worryingly, suggests that the EU’s regulatory frameworks for money-laundering prevention demand profound reform if they are to achieve lawmakers’ stated goals. With the fifth iteration of its AML directive, the EU is tightening the reigns, hoping to significantly curtail the illicit funneling of funds within its borders. But the actions may not be far-reaching enough.
article image

The Coming Decade - Our Predictions

While the banking world is winding down and enjoying the holidays, we want to give you our predictions for the next decade and the changes we see coming in banking, payments and finance.
article image

Are British Businesses Ready for Brexit?

No matter who wins the British General Election, Brexit is inching closer. To prepare, SMEs should speak to their banking providers now, before the crisis hits.
article image

Are Virtual Banks Asia’s Next Goldrush?

Banking for many has become almost entirely digital. So why are bank branches still around? That’s precisely the question posed by a new wave of upstart, purely digital so-called ‘virtual banks’.
article image

Payments in 2020: Our Predictions

The world of payments is always evolving. New technologies disrupt old ways of doing things, new entrants gobble up market share, and a changing regulatory landscape forces adjustment and innovation. Here we take a look at some of the developments in the global payments industry and how they’re likely to play out in 2020.
article image

How AI Can Transform Compliance

AI is providing a much-needed breathing room for banks looking to reduce the compliance burden. But can it replace human bankers, or will they stay with us for a while?
article image

The Banking Trends of 2020

Commercial banking is changing. Let’s look at some of the trends in 2019 and how they could play out in 2020.
article image

Banking Upheavals: SMEs Are Left Behind

Banking is undergoing a transformation, and many SMEs are getting left behind. Read to see why, and how they can get services they need.
article image

The Future of Consumer Payments in Europe

Consumer payments are evolving fast, but what will happen in the EU? Convergence on contactless? Emergence of facial recognition? Read to discover.
article image

Could These Two Countries Become Future Banking Giants?

Bahrain and Slovenia have quite different banking systems, but by making a few changes, they could develop into banking superpowers.
article image