Banking Transformation: The New Agenda
Only 24% of surveyed banks report being highly successful in achieving their cost reduction goals.
587 documents
Only 24% of surveyed banks report being highly successful in achieving their cost reduction goals.
54% of SMEs expect economic conditions to deteriorate over the next 12 months.
Globally, 48% of women are active in labour markets compared to 73% of men, with the global gender labour gap falling by only 1 percentage point annually over the past three decades.
Unified Payments Interface (UPI) processes more than 18 billion transactions per month in India.
In a survey of 1,553 small retail and service businesses conducted in autumn 2024, card payments were the most accepted payment method.
As of late 2023, 94 percent of 86 surveyed central banks were actively exploring CBDCs, moving from research to experiments.
In 2023, there were over 8,000 funds globally invested in private equity, managing assets totalling more than USD 7.4 trillion.
Handling inbound calls to customer service centers can cost billers between $25 to $50 an hour.
Enterprise Ireland has invested over €90 million in over 200 Irish-born fintech, financial, or related business services companies.
Household insurance is the most widely owned policy type at 62%, followed by motor insurance at 57% and occupational pensions at 21%.
The Boston Consulting Group estimates that asset tokenization could reach $16 trillion or 10 percent of global GDP by 2030.
Bavarian startups raised EUR 2,331 million in 2024, outperforming Berlin startups at EUR 2,177 million for the first time.
As of August 2025, SAMA has granted a total of 27 E-Money Institution and Payment Institution licences to non-banks.
Total fundraising in Europe reached its second-highest year ever at €147bn during 2025, representing a 16% increase from the previous year.
In 2023, 4.2 percent of U.S. households—representing about 5.6 million households—were unbanked.
The G20 Roadmap for Enhancing Cross-Border Payments (2020 - 2027) focuses on 5 main priority focus areas divided into 19 building blocks.
In 2023, 4.2 percent of U.S. households, representing about 5.6 million households, were unbanked.
The proportion of SMEs that have used or will use significant resources for growth projects reached 38%, up by 11pts.
In Nigeria, 98.5 percent of eNaira wallets remained unused one year after launch.
SunCulture's solar pumps enable smallholder farmers to replace diesel pumps, mitigating over 20,000 tonnes of CO2 annually with syndicated debt from Hivos-Triodos Fund.
Over 100 central banks around the globe are exploring central bank digital currencies to modernize payment systems.
Among Canadian SMEs, 60% reported being profitable over the last 12 months, while 81% operated below full capacity.
Biotech attracted the highest amount of capital among all sectors at CHF 405.3 million, representing a 44% increase in invested capital.
Total fundraising in Europe during 2023 reached €132.9bn, representing a 3% decline from the previous five-year average, with 744 funds raising capital.
The framework analyzes cross-border retail CBDC payments across 5 core elements: access, communication, currency conversion, compliance, and settlement.
Overall, 61% of SMEs reported being profitable over the last 12 months.
In 2023, 63 per cent of survey respondents paid by debit card for their last in-store purchase, while 9 per cent paid using a card in their mobile phone.
Thirty of the 33 central banks in sub-Saharan Africa responded to the regional survey on digital currencies and payments.
Economic pessimism among Canadian SMEs eased slightly, with 45% expecting economic conditions to deteriorate over the next 12 months.
A speech by the Chair or Vice Chair draws about 65 distinct Reuters articles, whereas a speech by another Board governor draws about 10.