Training in banking

Two female employees using interactive training software

The benefits of interactive training in banking

Due to being a complicated and ever-changing industry, businesses in the banking sector should be looking for training methods that will engage their employees and make a significant difference in their long term performance. Interactive training is the way forward in this respect. These training methods are well documented as increasing the retention of information […]

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A financial graph

Do your employees really know how your bank works?

The banking sector can become incredibly difficult to work in as processes, laws and technologies are constantly evolving. It can leave employees confused and lacking a solid grip on how banking operates if they are left unaided.  The Financial Times commented that the banking sector can become so convoluted and hard to understand that “The

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An employee checking his watch

Why is time management training important in the banking sector?

Time management training helps individuals to manage their workload more efficiently, saving time that was previously spent on workplace distractions and unproductive activities.  While time management training is important in any industry, it is especially relevant to the banking sector because of its fast-paced and competitive nature, where individuals may have multiple large and small

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Fintech graphic

How Fintech is affecting the banking sector

Fintech has rapidly developed as an industry in the last few years, providing consumers and corporations alike with a vast range of opportunities to engage with the latest financial technologies available. Particularly in the UK, Fintech has gone from strength to strength, with an estimated over 1,600 firms in the country. This number is also

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Technological innovations in banking

3 technological innovations that are shaping the future of the banking industry

The banking industry is facing its most unpredictable period in years. Particularly in the United Kingdom, as the uncertainty surrounding Brexit and the European Union continues to loom over even the largest corporations, it can be difficult for industry leaders to construct a practical and relevant business banking training programme. One thing that can be

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An employee in banking shaking hands with a client

How business simulations can improve your client service skills in the banking sector

A professional set of client service skills are critical to maintaining the relationships that ultimately make a banking business successful. The need for a workforce that can listen, communicate and build the relationships necessary to make long-term partnerships is higher than ever, and business leaders must ensure that these skills are adequately instilled as part

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Five stacks of coins increasing in height

How effective team development training can lead to success in the banking industry

Training in banking across all sectors of the industry is largely focused on the deliverance of effective financial services to customers and clients alike, as well as the progression of people skills. Although these skills are extremely important, neglecting to take time to implement team development exercises as part of workplace training can be damaging

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Implementing financial services training to reduce the skills gap

The financial services sector is currently facing a skills shortage which is consequently causing financial services directors to lose sleep over concerns for the future. With increased regulatory controls, changing new business processes and changes to employee training slated as the key concerns for the majority of worried financial services managers, businesses need to find

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Blurred commercial bank

How can your business overcome common challenges in retail banking training?

Retail banking is changing to offer customers improved security and increased services which will make their money management overall more efficient. There is an increased need to change how the banks’ staff operate and increase the knowledge that they hold, to boost these capabilities and ensure that measures are being taken to protect assets. Training

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Preparing for a career in wealth management and private banking

A successful career in wealth management, in the private banking sector, relies on a highly motivated individual, who is prepared to put in the hours to generate revenue for clients. Accompanied by limited time, clients and prospect typically offer wealth managers little time to sell in ideas. Therefore an individual in this sector needs to

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