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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The association said in a news release that “Emmett is a highly experienced financial services leader with a wealth of global experience in business, strategy, technology and operations, gained through his 25 years with HSBC.". In addition, government entities have become interested in “stablecoin” technology. On the heels of the U.S.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

This decade-long crisis touches banks’ products, technologies, people, processes and the political climate. The Credit Card Competition Act of 2023 could negatively impact banks’ ability to generate interchange fees and reduce the amount of capital they issue, however. In an article titled Is the Banking Crisis Over? 2) Zombie cores.

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Finastra research points to open finance progress

Bobsguide

Explore the latest trends in lending, payments, universal banking (digital, retail and commercial banking), treasury and capital markets, and Finastra’s broader commitments, including: Open technology: Collaborating to innovate. Open communities: Creating more equitable access to banking.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Pillar #2: Leaders Transcend Daily Hustle to Build New Systems Most regional and community banks grew up executing the fundamentals with sheer hustle and hard work.

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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

This is a crisis so pronounced that the United Nations listed the issue on its Agenda for Sustainable Development : “By 2030, [we must] provide legal [identities] for all, including birth registration.”. Technology giant Google is looking to change that with its recently announced initiative to bring digital IDs to its Android devices.

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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. It will interface with technology offerings from TCS’ partners for CRM, sales, risk management and other enterprise functions.

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. GonzoBankers, 2019 was a year of extremes.

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