And there are banks/lenders that work directly with homeowners to provide financing on the retail level, known as consumer-direct lending. Mortgage brokers are a big part of the mortgage business, accounting for more than 10 percent of all homeloan originations, give or take. In fact, their ...
In time, and with increasing liberalization, such foreign groups may benefit from integra- tion among PRC financial service companies, whether through mergers, broadened scopes of business, or even cross-holdings. At that time, minority participation in small-scale commer- cial banking operations ...
Platforms can turn that complexity into opportunity in many ways depending on the strategic ambitions of banks. There is already significant activity in the market around platform business models, focused on two routes: the process...
DORA is a legislative proposal that aims to improve the digital operational resilience and ensure the performance and stability of the financial system of the member countries of the European Union in the face of the risks associated with ICT (Information and Communication Technology) in the financia...
As the central bank awards its first new banking licences in 20 years, the big four will find it harder to justify the fees that have underpinned their profitability. The newcomers promise technology will facilitate cheaper banking services and tackle in
By considering multiple dimensions of trust and loyalty, this study reveals multiple routes through which banks can build trust and loyalty. In general, customers’ responses significantly vary due to the co-existence of offline and online platforms operated by banks. This study has shown that it ...