#financialservicesindustry

The Federal Reserve of the USA is all set to launch a digital payments system in July this year. Federal Reserve promises that the digital payment system will help accelerate the way money moves around the globe. Richmond Fed President...

GitLab shares declined as much as 38% after the provider of source code management software issued a full-year revenue forecast for GitLab that fell short of anticipations. GitLab lost 3 cents per share in comparison to the expected loss of 14...

HSBC announced a deal to buy the U.K. arm of collapsed US tech startup lender Silicon Valley Bank. HSBC agreed to buy the SVB U.K. for £1. The transaction excludes the assets and liabilities of SVB U.K.’s parent company. HSBC Group CEO...

China’s leaders take a cautious approach to the estimate for the country’s economic recovery, after removing most of the Covid restrictions on business activity that were imposed in 2022. China announced a target of around 5% Gross Domestic Product (GDP) growth...

Goldman Sachs CEO David Solomon stated that asset management and wealth management will be the growth driver of the bank. Solomon said, “The actual story of opportunity for growth for us in the coming years is around asset management and wealth...

Download Agile Enterprise Emphasizes Practice Over Process Whitepaper

This report fnds that investment in the R2R process is patchy and uneven. The emphasis has been on the fnal mile of the reportng process, while the frst mile which includes the crucial data capture, data submission to the...

Financial advisors, planners, and associates need to be responsive and connected to keep their clients happy. Whether discussing a financial product with existing or new customers, Ooma Office helps them manage their calls better while working from anywhere and...

The changing state of financial services Evolution of banking Over the past decade, changing consumer behavior paired with digital transformation has reshaped the financial services industry. More consumers have shifted from in-person transactions to online or mobile banking. With emerging...

The financial services industry has long held a reputation of being traditional and conservative, largely due to the security and regulatory guidelines under which it operates. Yet, being conservative and reactive aren’t the qualities you need to improve the customer...