#digital-banking

#digital-banking

The transformation from banks as destinations to banks as infrastructure is reshaping the financial landscape as banks embed themselves into existing platforms, providing seamless financial services.

The closure of 3,700 bank branches in England from 2016 to 2024, averaging eight weekly closures, demonstrates a shift towards digital financial solutions.

Cyber attacks are digital assaults against computers, networks, and/or databases, which can disable systems, steal data, or interfere with operations, making banks particularly vulnerable.

Inward remittances to India rose significantly, escalating from $55.6 billion in 2010-11 to an expected $160 billion by 2029, demonstrating the growing financial dynamics within the diaspora.

People have been saving money for thousands of years and have developed various systems over time, revealing fundamental human behavior regarding resource management.

In finance, subconscious emotional factors are magnified by fears about money, risk and loss, strongly influencing decision-making.

Bunq is re-entering the U.K. market to target the large population of digital nomads, emphasizing its services aimed at this demographic.

Amsterdam-based FINOM has officially entered direct lending by issuing its first credit line to a small business in the Netherlands, focusing on SMEs and freelancers.

Germany's largest bank, Deutsche Bank, plans to cut around 2,000 jobs in its retail banking division this year amid falling profits and restructuring.