Next Generation Banking

Helping banks grow revenue / lower costs through modernisation of their core systems, leveraging product and pricing efficiencies to drive profitability

[Next Generation Banking @ProductPricing]

Higher interest rates have become the leading reason for UK consumers to open a digital-only bank account, with 15% of adults citing this factor, according to Finder.
https://t.co/wxy5AIoxYf
#banking #digitalmodernisation

[Next Generation Banking @ProductPricing]

Lloyds to shut 136 branches in UK amid #digitalbanking shift. The closures will not result in job reductions, Lloyds said, adding that the affected personnel will be offered a role at another branch or part of its business.
https://t.co/rcYurzRvkk

[Next Generation Banking @ProductPricing]

The popularity of #embeddedfinance, which allows nonfinancial businesses to offer financial products and services, is soaring, propelled by smartphone and internet use. Embedded Finance is a market ripe for growth.
https://t.co/ugE45CJsqi

[Next Generation Banking @ProductPricing]

The Reserve Bank of Australia is looking for a migration partner for its ongoing IT modernization project. The entire CoreMod program covers data center, #coremodernization, application migration, and data center decommissioning key project streams.
https://t.co/rlAQoyOmq5

[Next Generation Banking @ProductPricing]

Crypto hiring has 'come roaring back' as everyone from startups to Wall Street ramp up their digital-asset plans.
https://t.co/tAaef2ujcV
#digitalassets

[Next Generation Banking @ProductPricing]

Retail banking turns to #coremodernization as cloud strategies mature. Legacy systems rife with technical debt are blocking customer service upgrades in the industry, according to IT consulting firm Endava.
https://t.co/9nY0G8ogh3

[Next Generation Banking @ProductPricing]

The UK #banking and financial services industry is ripe for a digital transformation, offering a myriad of challenges and opportunities on the digital frontier.
https://t.co/9qR3aQyr7a
#digitalbanking #ecosystems

[Next Generation Banking @ProductPricing]

Santander reviews UK retail #banking presence amid broader assessment. Santander is exploring a number of strategic options, one of which is exiting the British market to focus on bigger growth regions such as the U.S.
https://t.co/bRvHeuzmxi
#digitalbanking

[Next Generation Banking @ProductPricing]

The UK government’s National Payments Vision recognises the “vital role” of Open Banking in delivering account-to-account payments.
https://t.co/Ke8soGMFPo
#banking #ecosystems

[Next Generation Banking @ProductPricing]

High net worth females are exploring wealth management earlier than ever. Whether a high-flying entrepreneur or a retiree, today’s woman cannot afford to ignore the benefits of taking proper financial advice.
https://t.co/18hdzTW7Jx
#equality #women

[Next Generation Banking @ProductPricing]

AI Investment doubles among UK Financial Institutions in just 1 year. #Banks are already seeing the benefits of AI, including improved productivity and greater insight into customers.
https://t.co/8rFA10JkwX
#digitalmodernisation

[Next Generation Banking @ProductPricing]

#Banks must adapt to new priorities, combining fiscal responsibility with #environmental stewardship. #Sustainable capital management not only mitigates risk but also aligns banks with global imperatives for ethical and responsible investing.
#ESG
https://t.co/uzeR93UgZF

[Next Generation Banking @ProductPricing]

UK open #banking launched seven years ago today and now forms an #ecosystem worth £4bn with the UK leading the way globally.
https://t.co/8ZSthjPbrO

[Next Generation Banking @ProductPricing]

Sudden #bitcoin price plunge sparks $3.2 trillion crypto crash fear. An interesting article comments on the momentum being sapped by a string of positive economic updates that mean the Federal Reserve is less likely to cut interest rates this year.
https://t.co/W9asULgdzC

[Next Generation Banking @ProductPricing]

More than 35 financial institutions were awarded the 2023-2024 Equality 100 Award toward the end of 2023 by the Human Rights Campaign Foundation. They met all the criteria to earn a 100 rating on the foundation's corporate equality index.
https://t.co/FxFy2E6X4n
#LGBTQ+

[Next Generation Banking @ProductPricing]

Eco-friendly banks offer #eco-friendly financial products and, in some way, support causes working against the climate crisis. Discover some eco-friendly #banks offering #sustainablebanking solutions to promote a greener future.
https://t.co/jXqk4NLsW7

[Next Generation Banking @ProductPricing]

Digital banks have lower operating costs compared to traditional banks, primarily because they don't need to maintain physical branches. Interesting read on how the future of banking Is outpacing traditional banks.
https://t.co/R1RnFdLbFr
#digitalbanking #ecosystems

[Next Generation Banking @ProductPricing]

Digital banks are great for startups and smaller businesses looking for low-cost, flexible options. Interesting article about digital banks vs. traditional banks for UK SMEs.
https://t.co/smIWOCRUhQ
#digitalbanking

[Next Generation Banking @ProductPricing]

Whether it’s through dApps, institutional investment, or everyday users leveraging stablecoins, the crypto #ecosystem is set to expand dramatically in 2025.
https://t.co/VluLx5FxOs
#digitalassets #bitcoin

[Next Generation Banking @ProductPricing]

Interesting read on how correct were bankers' predictions about 2024? Bankers expected big changes for community banks, digital assets and regulation. Were they correct?
https://t.co/Nsz96rLQKw
#banking #digitalassets #digitalbanking