Despite the record-breaking highs achieved by US stock markets, 2018 is ending with virtually all those gains wiped out. And it’s not just the United States that has suffered. Germany’s DAX, the United Kingdom’s FTSE 100 and Japan’s Nikkei 225 are all ending the year firmly in the red.
How can banks and financial institutions get through to the generation born in the 1980s and 1990s, the so-called “millennials”, also known as Generation Y, given their shorter attention spans and distrust of brand loyalty?
Around the world the one constant is change. How countries respond to the challenges and opportunities that change brings determines in large part how successful they will be in the future. KPMG’s Change Readiness Index reveals some expected and unexpected results about various countries’ capabilities to adapt to and take advantage of change in the areas of enterprise, government and civil society.
Imagine you walk up to an ATM to withdraw cash, and it automatically recognises you. It knows all of your personal details and remembers the sort of transactions you usually complete
With billions to be made from hacking into their networks, banks around the world are having to expend more resources to thwart the efforts of ever-more enterprising cybercriminals. Although the threat is growing especially to banks in developing countries, efforts to stop it are also strengthening through collaboration among industry partners.