Lloyds Bank’s operating costs up 11% YoY
Lloyds Bank reported an increase in operating costs in the first quarter driven by higher inflation and increased investment in ...
Tag: European banking
76% of EU banks to up tech spend to comply with new regulation
European banks are preparing their tech stacks to comply with Instant Payment Regulation, which were set in motion on April ...
OakNorth to provide business banking services in UK
Digital bank OakNorth is in the early stages of testing to provide wire banking services in the United Kingdom. ...
Digital bank OakNorth looks to US expansion
Digital bank OakNorth is expanding its business beyond the United Kingdom and into the United States, exploring a merger and ...
European Transactions: Nationwide to acquire Virgin Money for $3.7B
Swindon, U.K.-based Nationwide Group has offered to acquire U.K.-based financial institution Virgin Money for 2.9 billion pounds ($3.7 billion) in cash, ...
Inside ING’s hybrid, multi-cloud strategy
ING Bank is moving its operations to the cloud for scalability, efficiency and security. The $967 billion bank’s operations are ...
ClearBank eyeing EU license
Bristol, U.K.-based ClearBank has applied for a license to expand its services to Europe in search of growth. ClearBank officials ...
Lloyds prioritizes cybersecurity, regtech investment
Lloyds Bank is looking to invest in cybersecurity and technology related to insurance and regulatory monitoring in 2024 amid uncertain ...
5 questions with … ING’s Marco Eijsackers
ING Bank’s Marco Eijsackers, is head of CIO office, where he is focused on developing and deploying emerging technologies within ...
Quantum tech can increase trading speed by 15% to 20%
Quantum tech provider Quantum Dice has developed hardware to make financial services operations faster and more efficient. Courtesy/Bank Automation ...
