Lloyds profits drop as PPI legacy takes its toll
The bank has eight times more than expected for PPI claims.
The bank has eight times more than expected for PPI claims.
UK users’ data stored by Google is no longer under GDPR laws.
The technology tells staff to mute their phones and avoid breaks.
Access to Cash Review calls for new laws to protect cash as the digital revolution advances.
Infrastructure projects to get $40bn, whilst renewable energy and clean tech to get $35bn.
The issue of accuracy is one which is often cited but rarely explained.
The challenger is headquartered in New South Wales with offices in London and Belfast.
UK watchdog warns of customer risk exposure from flashy fintech firms.
The payment operator saw 500 million more transactions in 2019 compared to 2018.
The firm did not treat customers fairly who had fallen into debt over a three year period.
The neobank currently holds £1.25 billion in deposits.
CEO Bloomfield says it is also looking into lending more as a revenue driver.
The new payments venture is designed to help ecommerce merchants.
“It really makes no sense for us to continue to be called RBS,” says chairman.
Sujit Unni is joining at an exciting time for the company.
“I had to find out how to best serve people and customers at a community level.”
FinTech Future’s weekly news round-up.
Saffron is the first user of the Burrow system due for launch later this year.
The bank is splitting its three-part structure into five.
“I don’t like them, and more importantly customers don’t like them.”
AnaCap takes first step into UK wealth management
This would be “a nice end point for open banking”, he says.
Davis leaves after seven years in the post.
AutoRek will provide a centralised platform across finance and operations for BoE’s reconciliation.
Its new offering has been built in partnership with TrueLayer.
The consultation relates to the use of ISO 20022.
“Our approach historically [to innovation] was the wrong one,” Broadbent admits.
N26 has been operating under “passporting” rules since October 2018.
“We’re building a lifestyle brand,” says the fintech’s Europe CEO.
OakNorth says it has £2.3 billion in the pipeline for 2020.
The figure raised is closer to £50 million, instead of the expected £100 million.
The round brings the neobank’s total funds so far to £323 million.
“Open banking has a tendency […] to do stuff globally or do it pan-European,” says CEO.
“[Our solution] brings the capability to literally anybody,” says Trustonic’s product director.
Payments firm hailed as innovation success story.
We should never lose sight of the ‘why’ that lies behind the lack of diversity in British businesses.
FinTech Future’s weekly news round-up.
Firm plans a full launch in Q2 2020, already has LatAm partners.
Pakistan is the fourth fastest growing global economy for freelance worker revenues.
Two non-executive directors join the FCA board.