The financial sector is trying to reach the customer in all possible ways but more channels mean higher risk of cyberattack, warns Przemysław Skowron from White Cat Security
The Polish Development Fund will be a development bank, its goal is to fill the market gaps in financing ‒ says Paweł Borys, the President of the Management Board of the Polish Development Fund.
Trillion euros in corporate and household NPLs in Europe is too much for the banking sector to regain profitability and effectively power the economy.
The worldwide debate on what kind of institution should exercise supervision of banks is intensifying as the role of central banks is rising throughout the world.
European banks have significantly strengthened their capitals thus capital shortfalls are no longer a problem. But there are other challenges.
The European Union needs institutional stability in a financial supervision, says Andrea Enria, Chairperson of the European Banking Authority.
Banks are experiencing yet another wave of innovation, which is set to fundamentally change how they provide services.
“The first investment in the process of putting the economy on a path of innovation should be investment in human resources, and long-term plans must begin with education,” says Sebastian Ptak.
A revolution will take place in the payments market in Europe, triggered by the Payment Services Directive 2 (PSD2) adopted in early October by the European Parliament.
The Warsaw Stock Exchange is on a counteroffensive - focusing on developing a commodities and derivatives market through its subsidiary, the Polish Power Exchange (TGE).