Category: banking industry

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Digital assistants, social media key for banking by 2022

NEW DELHI: Digital assistants, social media and third-party channels are expected to be the primary channels for banking by 2022, apart from mobile and online, a report said on Wednesday. “After existing digital channels (mobile and online), digital assistants, social media and third-party channels are expected to be the primary channels for banking by 2022,”…
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9th November 2018 0

UK banking customer satisfaction: promising responses for high street banks

UK banking customer satisfaction levels have increased over the past decade and significantly so in the last five years. The banking sector has undergone rapid changes since the 2008 financial crisis and now Brexit poses a similar uncertainty. It’s essential for banks and building societies to ensure strong customer experiences stays at the forefront of…
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2nd November 2018 0

UK regulators reveal ‘comprehensive’ crypto regulation plans

Sale of crypto-referencing derivatives could be banned UK regulators have laid the groundwork for the regulation of cryptoassets and distributed ledger technology (DLT), such as blockchain, with the publication of a long-awaited report. The HM Treasury-led Cryptoasset Taskforce report, published on Monday (30 October), focusses on consumer protection concerns linked to the use of cryptocurrencies,…
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31st October 2018 0

Could Blockchain Innovations Improve Latency And Inefficiency In Banking?

Ah, latency. That seven-letter word takes nearly seven seconds to say and what feels like forever to settle. In simple terms, latency is the delay before data is moved. In the banking world, latency is the time it takes for money to move across a ledger, which is a book of accounts where transactions are…
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30th October 2018 0