Banking

Visa abandons open banking in US as data-access debate rages

Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect of higher fees for customer...

How fixed are global exchange rates? – Bank Underground

Roger Vicquéry and Kevin Hjortshøj O’Rourke While the collapse of the Bretton Woods system in 1973 has traditionally been seen as heralding a major...

Intuit records growth on the back of AI investment

Intuit’s investments in emerging technology looks to be paying off.    In the early stages of AI tool deployment, Intuit is observing positive...

strategic foresight in central banks – Bank Underground

Julia Giese and Jacqueline Koay We live in an era of rapid change, complexity and uncertainty. Over recent years, severe global shocks have been...

Digitalization, AI table stakes in banking, BBVA says

BBVA Argentina, a subsidiary of BBVA which serves South America, is revamping its tech stack to ensure the bank stays competitive against rising...

What happens to inflation when we put a price on carbon? – Bank Underground

Hannah Copeland, Lennart Brandt, Natalie Burr and Boromeus Wanengkirtyo Emissions Trading Schemes (ETS) are an increasingly popular market-based policy to impose a price on...