TheGuardian

FEBRUARY 19, 2023

The UK’s would-be ‘Amazon of banking’ run by Nikolay Storonsky has raised alarm over delayed accounts, EU regulatory fines, its co-founder’s Russian ties and issues with staff Minutes after Jeremy Hunt had finished speaking, Nikolay Storonsky collared the chancellor backstage. The 38-year-old co-founder of British financial technology company Revolut, wearing a tech bro’s uniform of jeans and a sweater, had been listening to Hunt set out his vision of the UK as “the world’s next Silicon Valley”,

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Fintech Financial Technology Groups Innovation 71

The Financial Brand

FEBRUARY 19, 2023

This article Should Legacy Banks Build Independent Digital Banking ‘Twins’? appeared first on The Financial Brand. Deciding whether to build a separate digital banking unit hinges on the parent's strategy, customer needs and market dynamics. Not all fly. This article Should Legacy Banks Build Independent Digital Banking ‘Twins’?

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TheGuardian

FEBRUARY 19, 2023

Bank closures | Johnson’s manor | Oat cuisine | Cursing children | First hayfever of spring • NatWest made bumper profits of £5.1bn in 2022, increased the bonus pool for its bankers from £298m to £367m and gave its CEO a 46% pay rise to £5.2m ( NatWest accused of ‘unjust’ profiteering after CEO paid £5.2m, 17 February ). So why is it closing its branch in our market town on 1 March, leaving customers 9 miles from the nearest NatWest?

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Survey Marketing Report Groups 62

The Financial Brand

FEBRUARY 19, 2023

This article Customer Engagement at Credit Unions Is Slipping: Here’s How to Reverse the Trend appeared first on The Financial Brand. Credit unions' advantage in customer engagement is shrinking. Gallup research suggests three strategies to reverse this troubling trend. This article Customer Engagement at Credit Unions Is Slipping: Here’s How to Reverse the Trend appeared first on The Financial Brand.

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Trends How To Branding Strategy 32

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TheGuardian

FEBRUARY 19, 2023

Early claims Moscow would buckle quickly proved hubristic, yet Putin has also made miscalculations “The Russian economy is on track to be cut in half,” Joe Biden said in March last year, as he heralded sanctions brought against Russia after its full-scale invasion of Ukraine. Annalena Baerbock, the German foreign minister, vowed that sanctions were “hitting the Putin system … at its core of power”.

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System 98