The long-awaited government-backed review looking into the UK fintech sector has been published, warning that the country is losing its dominance in financial services. Ron Kalifa, former vice chairman of...
At the height of the pandemic, consumer behaviour began to outpace the channel capabilities of slow-moving incumbent banks, reinvigorating providers…
German banking major Deutsche Bank is planning to retrench between 400 to 450 employees in first round of branch closures in its home market, Bloomberg…
Toronto-Dominion Bank (TD Bank) is set to shutter 82 retail branches across the US as the Covid-19 pandemic accelerated customer’s migration toward digital and mobile…
British app-based Atom Bank has unveiled plans to raise £40m ($56m) from existing shareholders ahead of potential IPO next year.…
Indonesian travel app Traveloka is reportedly looking to roll out financial services in Thailand and Vietnam ahead of its US…
European banks are working on plans to establish a pan-European payment network by 2025 to challenge the dominance of Mastercard…
Australian digital bank 86 400 has partnered with behavioural biometrics company BioCatch to enhance security and prevent fraud. The digital…
After applying for a banking licence from the Swedish regulator in 2017, Klarna has finally announced the launch of its retail bank account in Germany. The account will offer customers…
By tailoring its proposition towards the needs of the local consumer in countries suited to the bank’s core product range, Revolut is showing time again how to take root into…
By realising too late that the bank needs to work on products that give it a sustainable future, rather than features that aren’t essential, Monzo faces being the first UK…
The banking industry has been relatively slow to adopt cloud computing compared with other industries. This comes out of a fear regarding potential cybersecurity failings…
The global economic growth in 2020 has been eclipsed since the Covid-19 pandemic outbreak causing fears of looming unemployment and recession in a number of…
Singapore-headquartered DBS Bank has collaborated with Exiger to deploy an AI-powered due diligence solution to prevent financial crimes. The lender…
American financial identity provider Juvo has introduced a new ‘Financial Identity-as-a-Service (FiDaaS)’ platform to give 3.9 billion underbanked people access…
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Reliable, Responsive and Cost-Effective FBI Technology Upgrades Benefit Financial Industry
The transformation of stock exchanges will be a boon for fintech
The rise of private securities marketplaces is likely to mark the beginning of the end for the national stock exchange monopolies and herald a chance for challenger banks and fintechs…