According to a new report, the wholesale banking industry is in a good position to grow revenues in the next five years, as well as benefit from disruptive forces such as climate transition and digital assets. 

By forecasting their future skills needs, banks can reskill their workforce instead of relying on recruitment to solve the skills shortage.

Nature and biodiversity risks have the potential to threaten financial stability and should be seen as part of central banks and banking supervisors’ mandate.

Fintech companies saw their best year ever in terms of venture capital funding in 2021. Banks are evolving their fintech engagement strategies and some are embracing the new world of embedded finance. 

The White House directive is pushing the plethora of domestic supervisory agencies to align on a digital asset strategy, including a US central bank digital currency.  

The post-pandemic office needs to reflect the radical change staff have gone through during the past two years. International Women’s Day is an opportunity to look through a gender lens at what the new normal should look like.

The financial services industry has long been a prime target for cyber criminals chasing big payoffs. However, the work the sector has put into standards and controls is beginning to deliver results.

To be ready for the move to real-time everything, transaction banks need to modernise their plumbing, re-engineer their core processes and harmonise their data flows, as well as bring their corporate and SME clients on the journey with them.

No longer content to sit on the sidelines of the Bank of England’s digital currency experiments, Project New Era plans to launch a private sector consortium for a real-world ‘dSterling’ pilot.

The war for talent has never been greater, as many people have reassessed their lives and work during the Covid-19 pandemic. Transaction banking’s digital transformation, as well as its role in supporting the real economy, may give the industry an edge in attracting and retaining staff.