Scope 3 emissions are by far the biggest source of banks’ greenhouse gas emissions. What challenges do banks face when measuring the emissions generated by their suppliers, and how can they help to reduce them?
To truly address sustainability in all its facets, many banks and regulators are working to understand how social issues are intrinsically linked to environmental and governance issues.
The move to a low-carbon emissions world will need capital to be redirected towards clean energy technologies. Heather McKenzie explores the investment needed to decarbonise the current energy system, as well as foster innovation and new business models.
Issuances of green, social and sustainability-linked bonds continue to grow, as banks have structured new products to respond to investors’ and corporates’ needs. What is the state of play of the markets today?
The world has reached a tipping point where the trend towards sustainability has become irreversible. But how can investment banks ensure that their clients are not ‘greenwashing’ to access funding?
Huge growth in digital payments during the Covid-19 pandemic points to a longer-term trend, with physical payments set to gradually wane.
Authorised push payment fraud, which can be difficult even to identify, needs to be tackled head on by banks and the wider finance industry.
New contenders are challenging the dominance of Swift in the cross-border payments space, compelling it to improve on its flaws.
Using technology, banks and fintechs vitally must co-operate to ensure accurate cash-flow forecasts.
Five regional central banks have announced plans to enable QR code-based cross-border payments. Furthermore, they want to link such a network to other regional payments platforms and eventually to central bank digital currencies.
While the CPMI provides a review of current interlinking arrangements, being a bit more prescriptive may help the industry in its quest to connect faster payment systems internationally. Heather McKenzie reports.
Is the increased regulatory activity around buy now, pay later good news or bad for the financial services industry? Heather McKenzie reports.
The cost of electronic fraud topped £1bn in 2021 for the UK alone. What more can be done to stem the tide?
With climate change emerging as the world’s top geopolitical risk, banks are scrambling to measure and manage their exposures to the new ‘green swan’ risks.
Banks are becoming comfortable with putting more of their operations on the cloud, leveraging its computing power and agility to provide new insights and value.
Transaction banking is known for deep and long-lasting relationships. How has an industry based on in-person meetings adapted to a virtual environment?
Covid-19 has accelerated retail and business banking customers’ adoption of digital financial services, driving banks to speed up their European transformation programmes.
Digitisation has accelerated during the pandemic lockdown, with the capabilities of artificial intelligence and machine learning coming to the fore. Heather McKenzie reports.
Heather McKenzie reports on the progress being made in finding cheaper, faster solutions for cross-border payments.
The Banker investigates how ethical 'white hat' hackers are being used inside institutions to test their cyber defences.