Aliya Shibli

1 week ago | thebanker.com | Aliya Shibli

Financial fraud results in annual losses of more than £1bn for UK consumers and the financial sector, despite banks’ growing efforts in preventing the misuse of payment systems. Fraud losses reached £1.17bn in 2024, similar to the previous year, while the number of cases grew by 12 per cent, surpassing 3.3mn, according to UK Finance’s latest Annual Fraud Report.

3 weeks ago | thebanker.com | Aliya Shibli

After joining BNP Paribas’s corporate and institutional banking arm in 2010, Hugues Even was later appointed its chief data officer, and two years ago was made the bank’s group-wide CDO. Even is not alone in that role, he says, “because it would be too complex”. BNP Paribas has around 50 CDOs across the group, spanning various regionally and locally focused roles, such as in Asia Pacific, the Americas and in countries where the bank has a large presence, like Portugal, Spain and India.

3 weeks ago | thebanker.com | Aliya Shibli

Nearly 20 per cent of all UK consumers and businesses are now using open banking, up from almost 6 per cent in March 2021, with consumer adoption reaching almost the same level as that of small businesses for the first time since open banking was launched. A report published by the UK’s open banking implementation entity also shows open banking users in the UK reached 13.3mn in March 2025.

3 weeks ago | thebanker.com | Aliya Shibli

The International Finance Corporation has hit back against allegations of climate non-compliance across $2bn of its agribusiness portfolio. The IFC — the World Bank’s private-sector lending arm — said a report from coalition group Stop Financing Factory Farming is “full of inaccuracies” and defended its investment practices across livestock-linked projects in developing markets.

1 month ago | bankingriskandregulation.com | Aliya Shibli

By Aliya Shibli Banks are being held back by “punitive” capital requirements for bitcoin despite growing interest in the cryptocurrency, with current Basel rules making the asset “very, very inefficient to hold on balance sheet”. The market is “crying out” for banks to intermediate the trading and holding of bitcoin as collateral, but ... To continue reading Request Free Trial Unlimited access to all content. Email alerts highlighting key industry insight.