All articles by Douglas Blakey

Douglas Blakey

UK budget: financial services sector reaction decidedly mixed

Financial sector reaction to the first Labour budget for 14 years is predictably mixed. It is, says one expert, a sensible and balanced budget focused on economic growth and tax revenue growth. Others are far from convinced

Digital banks: Time to get serious about fraud prevention

If digital banks want to maintain trust and grow in an increasingly competitive market, they must prioritise cybersecurity, invest in cutting-edge fraud detection systems, and partner with regulators, writes Phoebe Hodgson

Neobanks must learn to localise while going global

As neobanks continue their global expansion, Raman Korneu draws on his 25 years in banking and finance to explain why taking a localised approach is more crucial than ever

Why regulation puts the EU in pole position in the DLT race

Governments are working through how best to regulate digital assets. Although the UK and the US are yet to finalise digital asset-specific rules, European legislators are paving the way for fundamental change, writes Gilbert Verdian

Helping the financial sector deliver secure and modern infrastructure through regulation

Sean Tilley, discusses how cybersecurity regulations, particularly DORA and NIS 2, can help financial organisations build more resilient infrastructure, and help them adopt higher standards of monitoring, reporting, and incident management

For open banking to succeed, we must tackle fraud

Roger Alexander discusses the scepticism around open banking and explains why fraud prevention plays a key role in moving the industry forward

UK banking sector tax contribution to government tax receipts +9%

The total tax contribution of the UK banking sector rises to £44.8bn for the financial year to the end of March 2024, up from £41bn the previous year

New rules on reimbursing fraud victims come with benefits and challenges

New regulations designed to protect consumers from APP fraud could lead to an increase in fraud, warns Caroline Greenwell

RBC, Tangerine rank top for customer satisfaction among big 5, mid-size Canadian lenders

After years of stagnation and decline, Canadians’ satisfaction with their banks is on the rise, according to the JD Power 2024 Canada Retail Banking Satisfaction Study

US banks must double their investment in credit risk management processes – leading financial consultant 

With rates now cut and the costs of borrowing reduced, US banks prepare for an influx of new borrowers, argues leading financial consultant Yerbol Orynbayev