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From Traditional Banking to Fintech: The PR Transition

5W PR

The rise of fintech, a blend of finance and technology, has challenged the dominance of traditional banks. Once bastions of stability with grand lobbies and personal relationships, banks now face competition from sleek apps offering innovative services and unparalleled convenience. Nonetheless, the environment has evolved.

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Coffee with a Journalist: Anna Hrushka, Banking Dive

OnePitch

Anna Hrushka is currently a senior reporter at Banking Dive, covering banking and the fintech sector. She was also part of the team at Industry Dive to help launch the Banking Dive vertical.

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Commonwealth Bank Hammered for Billing Dead Customers

Ronn Torossian

As Wells Fargo waited to find out how much it would have to pay for past transgressions, an Australian bank hit the headlines for admitting to billing clients for fees. The catch: those clients had been dead for years, and at least some people at the bank knew it. These admissions came directly from … READ MORE ».

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More thoughts on the banking rep meltdown

Mark My Words

PR expert Mark Borkowski said bank bosses were guilty of using ’20th-century PR to deal with 21st-century crisis issues’ He told MailOnline: ‘Every crisis that leads to problems that will bring down people is down to hubris and the advice these people are getting. ’ .

Banking 60
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More thoughts on the banking rep meltdown.

Mark My Words

PR expert Mark Borkowski said bank bosses were guilty of using ’20th-century PR to deal with 21st-century crisis issues’ He told MailOnline: ‘Every crisis that leads to problems that will bring down people is down to hubris and the advice these people are getting. ’ .

Banking 60
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For comms pros, Silicon Valley Bank is a reminder that trust is currency

Sword and the Script

They didn’t trust the bank. The banking community has some unique dynamics… Scar tissue. The preceding cryptocurrency meltdown toppled a bank or two and reminded us of the financial ghosts; and Uncertainty. Or even more likely, today, simply digits. The only reason money has value is that we say it does.

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JCT Project Bank Account documentation – what’s changed in 2022?

Practical Law Construction

In 1999, the first project bank account (PBA) was used on a Ministry of Defence project. The same parties enter into it (employer, contractor, subcontractors, not the bank). For example, certain important terms that previously lacked a definition (for example, “bank account”) have been defined.

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