All articles by Duygu Tavan
Duygu Tavan
M&A activity returns to US
Merger and acquisition (M&A) activity has accelerated in the US banking sector, thanks to two well-capitalised American financial institutions snapping up the weakened retail banking businesses of international rivals and shaking up the ranking of the countrys biggest banks (see chart, right) in the process.
Innovation at home, tradition abroad
Duygu Tavan attended the strategy presentation in Italy and initially found that while the bank was strong on targets it was weak on detail but a trip to the banks innovation centre in Paris revealed more insight. These targets are ambitious, I know, but they are here to stay and we will stick to them,” insisted Crdit Agricoles CEO Jean-Paul Chifflet at the launch of the banks new retail banking strategy.
Bruno de Laage sets out Crédit Agricole’s Greek, Polish stall
France is not the frontier of our ambitions We can use our French success in our other markets Despite the difficulties now, one day they will be out of trouble
Big aspirations
When you are Turkeys 7th biggest private bank and one of your closest direct competitors has taken Turkish banking innovation to international levels with the launch of the worlds first digital card and then snapped up a rival to become the countrys sixth-largest private bank your growth ambitions will not be plain sailing.
Anti-cash: a cashless Turkey
Calling Turkish banks innovative is stating the obvious, like acknowledging the difference between day and night A more interesting observation is the heated race for payments innovation So this month, Mehmet Sezgin, CEO of Garanti Payment Systems, shares his views on Turkeys payments evolution with Duygu Tavan.
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Joint attack in anti-fraud fight
Banks across the world are feeling increasingly under pressure to integrate the disciplines of anti-money laundering prevention and fraud protection into one unit, but two new Aite Group reports find that, while this marriage is not taking place any time soon, the vendor market for it is growing steadily.
NCR unveils new generation of ATMs
NCR has introduced a new generation of financial kiosks, called NCR SelfServ 4 and NCR SelfServ 8, to enable banks to cut down on low- or non-value in-branch services such as assisting clients with basic transactions. Banks clients can bypass the help from branch advisors for account opening and financial product research and purchase, as well as complete third party transactions, such as purchasing a ticket or paying a fine.
DenizBank latest Turkish bank to launch m-payments
Now Turkeys seventh biggest bank, Dexia-subsidiary DenizBank is getting ready to announce the launch of its contactless and NFC mobile payments service in cooperation with Turkcell. Enis Tuna, executive vice president, card payment systems marketing at DenizBank, told RBI that the bank will issue both a credit card and a prepaid card with contactless functions and the card number can then be added on to a SIM card.
Barclays nearing Russian retail sale to Kazkommertsbank
Barclays may come to an agreement with a buyer for its Russian retail business very soon. Barclays sale of its retail banking business in Russia comes less than three years after it paid $745m to acquire 32-branch-strong Expobank
Deutsche Bank bets on tradition & multichannels
Deutsche Bank is betting on both traditional and multichannel banking products in its push to grow its retail banking business. Rainer Neske, the banks head of private & business clients, told investors during a workshop day in Frankfurt that aggressive campaigns were on the agenda to penetrate the Sparkassen-dominated German retail banking sector. Retail banking has become a much stronger focus for Deutsche Bank since it completed the acquisition of Germany’s largest retail bank (excluding the Sparkassen) Postbank.