Having a high Net Interest Margin (NIM) is the goal for banks and financial institutions as it is a key indicator of profitability. Increasing NIM is a simple calculation of net income – i.e., the money created through lending money out – compared to the interest paid out. In essence, banks must sell more lending products to be profitable while al...
03 December 2024
One concern that’s arisen during the Farage debanking scandal has been the question of how responsible banks are when handling our data and meeting their customers’ needs. Whilst the Farage fiasco has obviously given rise to concerns about the use and potential disclosure of data held by financial institutions, it is important to remember that dat...
22 September 2023
The Financial Services (FS) industry is the largest taxpayer in the UK, contributing around 10% of the UK’s total economic output. But the industry still has more to give to help the UK “level up”. Levelling up has been used in financial terms since the 1940s when it was used to refer to government benefits for the wives of serving soldiers. But...
23 May 2023 Financial Inclusion
Nelson WoottonCEO and Co-Founder at SaaScada
Neill ElliottCPO at SaaScada
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