Traditional banks are launching or acquiring digital retail arms in order to accelerate modernisation across their organisations. Joy Macknight explores the various ways these institutions are making the most out of the new entities.
Latest articles from Joy Macknight
Tough talk from Kazakhstan’s central bank governor
December 1, 2016Kazakhstan’s central bank governor outlines his strategy to Nick Kochan, which include a free-floating tenge, tackling high dollarisation levels and non-performing loans.
Commonwealth Bank of Australia taps London for innovation inspiration
November 1, 2016Supun King-Jayawardana, head of Commonwealth Bank of Australia’s London innovation lab, explains to Joy Macknight the orientation to the UK fintech community.
Plugging the funding gap in trade
November 1, 2016Asset managers are showing greater interest in providing much-needed financial support for global trade, as greater digitisation opens up the market to these new players. Joy Macknight reports.
Akbank COO maps out its open banking journey
October 1, 2016Akbank 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.
A brave new world of mobile money
October 1, 2016While mobile money usage has been gradually ramping up over the years, interoperability, alongside cheap and ubiquitous smartphones, has the potential to kick it up a gear. Joy Macknight reports.
Crunch time for corporate cash management
September 1, 2016Negative 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.
After Bangladesh: why collaboration is the key to fighting cyber crime
September 1, 2016The 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.
DBS innovation chief looks towards invisible banking
September 1, 2016As 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.
SIA chief lauds move to real time in the eurozone
August 1, 2016The European payments landscape is in the midst of great change. Massimo Arrighetti, CEO of SIA, outlines to Joy Macknight his vision of a future payments ecosystem.