Embedded in the final version of the Basel Committee’s principles on managing climate risks is a recommendation for banks to rethink pay and bonus structures, aligning them with long-term goals on tackling climate change.
Latest articles from Editor's Blog
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The BNPL market hots up… again
June 14, 2022A slew of announcements around Money 20/20 Europe is evidence that the buy now, pay later space is still expanding. But the regulators are closing in.
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Incumbent institutions: time to go on the offensive
June 7, 2022Most of the financial industry’s value creation is being driven by new players, yet rising interest rates may provide the boost incumbents need to fight back.
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How can digital be deployed for social good?
May 31, 2022There is great expectation that digital financial services is the panacea for financial inclusion, customer wellbeing and even sustainability. But digital on its own does not ensure a better outcome for society.
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Emerging technology: hot utility or just hype?
May 24, 2022Forrester’s recent report assesses levels of adoption of emerging technologies in banks, including AI, 5G and quantum computing.
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A two-pronged approach to frictionless international payments
May 17, 2022Taking the pain and cost out of cross-border payments could be as easy as extending RTGS operating hours and opening up access to a wider variety of players. However, nothing is ever simple in payments.
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Expanding the dialogue between generations
May 10, 2022The 51st St Gallen Symposium brought together more than 900 participants to debate how to address the planetary emergencies the world faces today, as well as launch a New Generational Contract together with the Club of Rome.
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Gender balance: more effort needed
May 3, 2022The OMFIF’s Gender Balance Index 2022 shows that the financial services industry still has a long way to go to reach parity.
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FCA fires warning shot across neobanks’ bows
April 26, 2022The UK watchdog has called on challengers to beef up their financial crime systems in light of changing business models and rising customer numbers.
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Wholesale banking’s bright future
April 19, 2022According 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.