All articles by Douglas Blakey
Douglas Blakey
Patents signal: sharp drop in banking and payments patent activity in Q2
Digital banking, online payments, cyber and AI all register double digit drops in patent applications in Q2
65% of SMEs lack financial knowledge to expand beyond UK: HedgeFlows
Fintech platform reports that 72% of SMEs do not have the capability to manage foreign payments
Mastercard innovates virtual card acceptance with new receivables solution
A new automated solution from Mastercard helps streamline the way businesses accept and process virtual card payments
Jobs signal: US banks dominate hiring activity for year to date
Citi, US Bank, Wells Fargo and Chase are most active recruiters in world banking for the year to date according to GlobalData’s exclusive jobs analytics database
American Express Q2 2023 earnings beat forecasts, record revenue +12% y-o-y
Affluent cardmembers enable Amex to beat profit estimates with card spending up 8% in Q2
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FCA launches permanent digital sandbox to boost innovation – industry reaction
Following two successful pilots, the digital sandbox will be made available permanently on 1 August
Virgin Money axes another 39 branches
Once the latest closures take effect, almost two in three of the bank’s branches will have closed since Clydesdale, Yorkshire and Virgin combined under a single brand
Medallia extends partnership with Permanent TSB
Irish bank says that the collaboration will transform its customer and employee experience
Accounts that fund discovery – Science Card set to launch in September
Science Card is the UK’s first e-money current account dedicated to accelerating scientific research and innovation
Deal focus: Monzo plots landmark deal with Lunar
UK digital neobank Monzo is reportedly eyeing European expansion by acquiring Nordic digital challenger bank, Lunar