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UK Banks Hold Back £7.5Billion from Struggling SMEs in Missed Annual Deposit Interest

SME owners in the UK are due more than £7.5billion a year in ‘missing’ savings interest; business bank Allica Bank has revealed after new research. Rising interest rates, the cost-of-living crisis and less-than-favourable macroeconomic conditions continue to pile pressure on SMEs – but Allica Bank has found that the biggest high street banks in the UK may be keeping billions from […]
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Digital Banking Takes Centre Stage in Australia: Insights from Mambu

Australia’s financial services sector is witnessing a significant shift towards digital banking, with cloud banking platform Mambu outlining its role in the transformation. Mambu has steadily expanded its influence in the Australian market by partnering with 10 financial service providers, including Angle Finance, Bluestone Home Loans, Commonwealth Bank of Australia, Lumi, Nimble, Prospa and Tyro. In a visit to Sydney […]
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Banco do Brasil Selects HCLTech to Hyper-Personalise its Customer Experience

Banco do Brasil, one of the largest financial institutions in Latin America, through a bidding process, has chosen HCLTech, a global tech firm, to support the bank’s digital transformation and customer relationship management (CRM) journey and implementation of Salesforce. HCLTech partnering with Salesforce enables Banco do Brasil to hyper-personalise customer relationship and service solutions, generating greater customer satisfaction and […]
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Hong Kong Securities and Futures Commission Reinforces Virtual Asset Rules After JPEX Debacle

Hong Kong’s Securities and Futures Commission (SFC) is implementing a series of enhanced measures to reinforce information dissemination and investor education, following recent concerns regarding unregulated virtual asset trading platforms (VATPs). The news swiftly follows a high-profile case involving unlicensed crypto exchange JPEX, which SFC has accused of misleading investors. It believes that JPEX was actively marketing products […]
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