The opportunities in the global transaction banking space may be numerous but, knowing the high costs associated with technological and regulatory changes, most banks are pursuing a specialist strategy rather than trying to capture every segment of this attractive market.
Basel III reshapes trade finance
March 1, 2013As Basel III regulations come into play, banks looking for a quick fix to bulky balance sheets are divesting their trade finance assets, creating a gap in the market that investor groups and other alternative financiers are keen to fill.
Finding a global transaction banking niche
March 1, 2013A focus on individual key strengths, both in terms of products and geographical footprint, is the driving force behind big banks’ global transaction banking business strategies as they search for a unique selling point in an increasingly competitive market.
DenizBank exports its IT expertise
February 25, 2013DenizBank's modern, nimble IT system has a series of admirers in the banking world, and includes none other than Bill Gates among those who it has impressed. The bank's chief operating officer tells The Banker how DenizBank is now ready to take its IT knowhow to a wider international audience.
MasterCard makes innovation pay
February 1, 2013The breadth of MasterCard's portfolio of payment solutions would have been unimaginable when the president of global technology and operations at MasterCard Technologies, Robert Reeg, started his career, but with 85% of global transactions still in cash, he explains the importance of pressing ahead with yet more innovation.
Social banking in the omnichannel era
February 1, 2013Banks are no longer just competing with each other, they are also at war with a growing number of retailers and innovative start-ups that employ social media tactics to offer sought-after services. The Banker brought together a panel of banking experts to discuss the issues. This round table was sponsored by Cisco, but independently written and edited.
Outcome of Basel III’s LCR and NSFR still uncertain
January 2, 2013Banks have struggled with the implementation deadline of Basel III regulations, due to differing approaches to the two key liquidity and capital measurements. So, what is the outlook for the implementation of Basel III?
Can Turkey meet IFC target in next decade?
January 2, 2013Turkey’s government wants to establish Istanbul as an international financial hub in time for the country’s 100th anniversary as a republic in 2023. The country's geographical location certainly works to its advantage, but it has much to achieve in just 10 years. Will it succeed?
Banks continue to reach for the clouds
January 2, 2013Every e-mail that is sent, every tweet that is posted and every Facebook update that is published creates data that gets logged and backed up – somewhere. This ‘somewhere’ is 'the cloud'. With the continuous growth of digital social networks, this data cloud is expanding – creating both a buzz and opportunities for banks but also fears about data storage and maintenance.
Central and Eastern European Stock Exchange Group united by upgrade
December 3, 2012By the end of 2013, all of the Central and Eastern European Stock Exchange Group's exchanges will have upgraded their trading systems to Xetra. Michael Buhl, joint-CEO of the Vienna Stock Exchange and CEESEG, explains the importance of centralising systems while retaining a local identity.