Bank of England: higher interest rates mean UK Businesses are losing more to the banks
Recently published data (January Statistics) from the Bank of England shows the increasing spread (net interest margin) cost for companies. PNFCs deposits & loans A PNFC is a private non-financial corporation. …
ECB: Corporates Losing €bn’s on Bank Account Funds
October 2022 Statistics Published The effective interest rate on overnight corporate deposits has climbed to a paltry …
Virtual Bank Accounts – Corporate Banking is Going Virtual
Virtual Bank Accounts (VBA) offer a much better way for companies to manage their banking arrangements and their cash. VBAs are also called Virtual Account Management (VAM) or in-house bank accounts. …
European bank stress tests draw a blank
Posted on GTNews – European bank stress tests draw a blank In July the European Banking Authority (EBA) announced …
Harness the Power of Banking Data to Access INSTANT and ACCURATE Cashflow Forecasting
Since the day it was founded in 2009, Bankhawk Analytics has been focusing on analyzing corporate banking …
Banks not taking advantage of Big Data Analytics
Even though most of the banks worldwide admit that big data analytics can offer a significant competitive advantage, it still remains low priority area for them. According to Capgemini …
B2C organisation generates £400k annual saving using analytics
B2C companies can generate large savings using bank data analytics. Sectors like telecoms, utilities and mobile phone operators have large numbers of customers …
Blockchain Disrupting Banking
How blockchain technology will disrupt the banking industry. …
Companies face two choices when dealing with hidden banking costs
Post the financial crisis and with new regulation being heaped on banks the cost …