Plenty of life in BECS yet
The Future of BECS in Australia’s Payment System In Australia, the Bulk Electronic Clearing System (BECS) continues to play a significant role in the nation’s payments system. John Brogden, the chair of the Australian Payments Network, recently confirmed this at the AusPayNet conference held in Sydney. This announcement comes after much anticipation and speculation about […]
Citi continues overseas retreat with sale of Banamex stake
Overview of Citigroup’s Global Strategy Over the past five years, Citigroup has been restructuring its international consumer banking franchise as part of CEO Jane Fraser’s strategy to transform the megabank into a leaner, simpler institution. This ongoing process has seen the bank systematically scale back its operations in various overseas markets, focusing instead on its […]
20 people who will shape wealth management in 2026
President Donald Trump’s Influence on Wealth Management in 2026 As was the case this year, President Donald Trump is poised to shape many of the priorities for wealth management and the broader financial system in 2026. His administration is signaling shifts on several fronts, from ending quarterly earnings reporting and expanding presidential authority over the […]
RBC’s City National makes Carolinas push
City National Bank Enhances Presence in the Southeast City National Bank, a subsidiary of the Royal Bank of Canada with assets totaling $98 billion, has recently established new offices in Charlotte, North Carolina, and Greenville, South Carolina. These strategic locations, spanning 23,000 square feet in Charlotte and 5,700 square feet in Greenville, aim to reinforce […]
Digit founder Ethan Bloch’s new gig: AI for managing money
An In-depth Look at Ethan Bloch’s New Venture, Hiro: The AI-Driven Personal Finance App The world of fintech is consistently being revolutionized by innovators like Ethan Bloch, the founder of Digit, a pioneer of automated savings. The app has become popular among several banks and fintechs and was acquired by Oportun in 2021. Bloch has […]
Bank of Ireland invests $435m in Retail Ireland division
Major Investments by Bank of Ireland in its Retail Ireland Division The Bank of Ireland has announced a significant investment of over €370m ($434.8m) in the Retail Ireland division. This funding is part of the bank’s strategic cycle running from 2023 to 2025. The investment covers a wide range of areas including technology upgrades, fraud […]
Senior Data Engineer (Bank Tech)
The Role of a Senior Data Engineer in Fostering Technological Advancement within the Banking Sector Technology has become an integral part of the banking industry, providing innovative solutions to complex business problems. It is only through the efforts of passionate and dedicated professionals that these advancements can be achieved. Capital One, a leading entity in […]
Manager, Product Manager – Retail Bank Funding, Onboarding & Engagement Experiences
Manager, Product Manager – Retail Bank Funding, Onboarding & Engagement Experiences Are you interested in the intricate mechanisms behind the burgeoning field of product management, particularly in the dynamic and constantly evolving sector of retail banking? If so, you will find the role of Manager, Product Manager – Retail Bank Funding, Onboarding & Engagement Experiences […]
Senior Software Engineer (Bank Tech)
Senior Software Engineer (Bank Tech) at Capital One: A Role for Tech Enthusiasts The world of technology continues to evolve, and with it comes the need for individuals who are passionate about building and pioneering in this space. One such role that offers the opportunity to push the boundaries of tech is the Senior Software […]
What Focus CEO Michael Nathanson’s exit means for consolidation
Michael Nathanson’s Exit from Focus Financial Partners Michael Nathanson’s departure as CEO of Focus Financial Partners is a significant development in the ongoing internal reorganization of the serial acquirer. Industry experts view this change as a reflection of the challenges associated with such undertakings. Processing Content Last week, Focus announced Nathanson’s decision to step down […]