Akbank took the decision to embrace open banking ahead of wider adoption in the Turkish market in order to gain a competitive advantage. Chief operating officer Turgut Güney outlines the bank’s innovation strategy to Joy Macknight.
Latest articles from Transactions & Technology
Banks can avoid 'rogue' behaviour by their employees by repurposing the technology already used for customer data to monitor staff exposures. Chris Skinner explains.
Negative interest rates and regulatory changes are forcing corporates to rethink their liquidity management strategies, as the old ways of working struggle to cope in such unprecedented times, writes Joy Macknight.
The recent $81m cyber heist at Bangladesh's central bank was a wake-up call for financial institutions to improve their basic cyber security hygiene. But it also had profound implications for the soundness of the banking system as a whole. Joy Macknight reports.
As chief innovation officer at DBS, Neal Cross’s unconventional approach to bank modernisation has attracted attention from across the globe. He speaks to Joy Macknight about how the bank is opening its doors to the top technology talent in Singapore.
China's fintech industry has grown at a rapid pace, in some cases leaving established tech giants of the West behind. Having cracked the domestic banking market, top Chinese fintech firms are already eyeing insurance and looking beyond the country's borders to continue their rapid ascent. Stefania Palma reports.
A mismatch of networks and uneven regulation makes Latin America a frustrating market for digital payments providers, drawn to its huge population and growing mobile penetration. But with great challenges come rich opportunities, writes Silvia Pavoni.