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Maria Delgado

Bank of Ireland Sees Record Christmas Digital Banking as ATM Use Drops 12%

Bank of Ireland Sees Record Christmas Digital Banking as ATM Use Drops 12%

Hey Digital Banking Fanatic! Bank of Ireland has reported record digital engagement during the 2024 festive season, with 1.6 million logins across its digital platforms between December 14-24, marking a 4% increase from December 2023. The shift toward digital banking is further evidenced by a 12% decrease in ATM

Jamie Dimon Plans JPMorgan Expansion in Germany and Beyond

Jamie Dimon Plans JPMorgan Expansion in Germany and Beyond

Hey Digital Banking Fanatic! JPMorgan Chase is preparing to launch its digital bank in Germany, targeting the market's 80 million population and significant savings pool. The expansion, planned for late 2025 or early 2026, follows Chase's 2021 UK debut and marks a significant step in JPMorgan&

Open Banking Marks Seven Years of Transforming Financial Services in the UK

Open Banking Marks Seven Years of Transforming Financial Services in the UK

Hey Digital Banking Fanatic! The UK's open banking initiative celebrates its seventh anniversary with remarkable growth, reaching 11.7 million active users and processing over 22.1 million monthly payments. Since the implementation of PSD2 in January 2018, the ecosystem has grown to contribute £4 billion to the

UBS Nears Massive Settlement Over Credit Suisse Scandal

UBS Nears Massive Settlement Over Credit Suisse Scandal

Hey Digital Banking Fanatic! UBS is reportedly close to settling a U.S. Department of Justice (DOJ) case tied to Credit Suisse, which it acquired in 2023. The settlement could cost UBS hundreds of millions, according to The Wall Street Journal. The case stems from Credit Suisse breaking a deal

AI in Banking: Jobs at Risk, Profits to Soar

AI in Banking: Jobs at Risk, Profits to Soar

Hey Digital Banking Fanatic! Bloomberg Intelligence reports that global banks could eliminate up to 200,000 jobs in the next three to five years due to AI adoption. Based on a survey of 93 Chief Information and Technology Officers, banks expect an average 3% workforce reduction, with some predicting cuts