Survey report: UK bank account opening comparison
Have any UK high street or challenger banks made the jump to 100% digital onboarding?
Have any UK high street or challenger banks made the jump to 100% digital onboarding?
The recent World Economic Forum (WED) report “Sweden could stop using cash by 2023”, says that the country is moving towards favouring cards and mobile payment apps. Yet retailers are expected to accept cash for at least a couple of years afterwards.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
New research from Deloitte has pointed the finger at biometrics for one of the big trends of 2018 as we start to forget our passwords
Bahrain-based Al Baraka Banking Group (ABG) has signed to implement the iMAL core banking system from Path Solutions at four of its 15 international subsidiaries.
Blockchain and Bitcoin round-up – features a nasty hack on NiceHash; Pundi X in Indonesia; a Deluge Network for ICOs; and Blockchain Centre Vilnius in Lithuania.
Worldpay and online payments firm Klarna are joining forces. Worldpay clients in Austria, Finland, Germany, the Netherlands, Norway, Sweden, and the UK will be able to use Klarna’s invoice and credit-based payments.
Supply and demand are the bedrock of market-based economics. To achieve economic equilibrium, supply and demand must be in balance. If one is too high or too low, the system is in a state of disequilibrium, associated with inefficient allocation of goods – not a healthy state.
Risk and data science firm Jaywing has unveiled Archetype, a new risk technology product that uses artificial intelligence (AI), machine learning and deep neural nets to help lenders generate statistical models.
A group of international law enforcement agencies, including the FBI, are claiming a victory over the massive Andromeda botnet, which infected at least one million PCs each month and spawned a wave of malware families.
Our new and improved digital platform brings you all the latest news, gossip, commentary, analysis, thought leadership and more.
Consumer interest in digital currency is at an all-time high. Much of this is thanks to Bitcoin and so this week is the perfect time for global banking company Revolut to launch cryptocurrency trading on its platform.
IBM is ready to start shipping the first commercial server systems built around its recently released Power9 processor. Dubbed the AC922 Power Systems, these servers will ship by the end of December, and are specifically designed for artificial intelligence (AI) workloads.
In this eIDAS paper, legal expert Lorna Brazell of Osborne Clarke LLP explains electronic signatures under the EU’s new Electronic ID and Trust Services Regulation.
Read the e-book to learn how DocuSign helps credit unions increase speed, decrease errors, lower operating costs, and grow their business.
New financial services challenges – are you ready for Modern Payments Systems, IoT and blockchain?
Nick Kerigan, MD of Future Payments at Barclaycard, looks at how innovation is helping the payment industry to balance offering seamless payments with keeping people in control of their money.
Coming straight after Friday’s (1 December) fintech funding action, here’s another round-up to take the Monday blues away. This round-up features Oakam, KeyBank, Snapsheet, Payrailz and Elsen.
Private banking giant UBS and its fund platform Fondcenter have commissioned fundinfo to procure and source fund data from fund providers and asset managers.
Oracle FSS has unveiled the latest release – V14 – of its flagship core banking system, Flexcube.
Our latest blockchain and Bitcoin round-up features R3’s Corda and AWS; gambling with McDonalds; XinFin in Singapore; and Cardano Foundation and Z/Yen Group teaming up.
PayPal has revealed that a potential compromise of personally identifiable information for approximately 1.6 million customers has been found on its TIO Networks.
Mastercard has put its cards on the table with a clear call for start-ups to join its Start Path programme – its effort to tap into later-stage fintech and tech firms.
Betas, big numbers and the big match. Our latest payments round-up features Emma Technologies, Yolt, and Visa and the football World Cup in 2018.
Calastone has revealed its funds transaction network will be migrated onto a full blockchain-enabled infrastructure in 2019.
Closing more loans and realizing revenue more quickly is every lender’s goal. But if you’re operating with costly, time-consuming paper-based processes, that goal will be impossible to achieve. The only viable option is to part ways with paper and partner with a digital solution.
Recent cyberattacks, such as the October 2017 Swift attack, show how vulnerable financial firms across the globe are to the machinations of hackers.
Al-Thiqa Islamic Bank has gone live with new core banking software, ICS Banks, supplied by ICS Financial Systems (ICSFS).
Who doesn’t love a trilogy? Following on from the round-ups on Thursday (30 November) and Tuesday (28 November) here’s another slice of fintech funding action. Features Deposit Solutions, Hanson Robotics’ Sophia, and BNP Paribas Asset Management. Germany’s Deposit Solutions, an open banking platform for deposits, has closed an investment round of $20 million led by […]
Quickly following on from yesterday’s (30 November) blockchain and Bitcoin round-up, here’s more action. Features money laundering in Japan; Coinsource ATMs in Georgia; Cardano Foundation, IOHK and Emurgo teaming up; and PwC in Hong Kong. Over in Japan, Kyodo and Jiji news sites have reported 170 cases of suspected money laundering linked to cryptocurrencies were […]
To date, there hasn’t been a way to understand if online users are being compromised or to be sure precisely what they are seeing whilst visiting and interacting with a web page. We know that endpoint security and anti-viruses fail and online users can be infected even with all the precautions that they may take. Server-side security is now very mature and excellent progress has been made in that particular field.
Allianz with its in-house incubator, Allianz X, has switched gears and pivoted towards a new range of digital investments.
Coming straight after yesterday’s (29 November) fun and games, here’s another quick summary of the blockchain and Bitcoin action. Features the European Central Bank, Tieto, Coinsilium Group and StartupToken. Well, Bitcoin went past $11,000. And then dropped. As you read this it will have changed again. So, opinions are aplenty. And… banks should speed up […]
Quickly following on from Tuesday’s (28 November) funding round-up, here are more stories from a cash-drenched world. Features 1QB Information Technologies, FinTecSystems, Betalo, Nordea and Constellation Digital Partners. 1QB Information Technologies (1QBit), a quantum computing firm based in Vancouver, has closed a CA$45 million ($34.9 million) Series B round comprising equity and revenue contracts. This […]
FIS has unveiled Code Connect – an online gateway that allows its clients and third-party developers to access FIS APIs for use in developing and testing new solutions. With APIs more popular than free alcohol at a fintech conference, FIS joins the masses seeking to capitalise on the API fever. Code Connect includes more than […]
In the tech world, an arms race usually a metaphor for two companies battling for supremacy, but McAfee thinks it might be a bit more literal for artificial intelligence (AI) as hackers upskill to make use of the breakthrough, reports Telecoms.com (Banking Technology‘s sister publication). As one of its predictions for 2018, security software vendor […]
Bitcoin high, Russian firsts, trade finance digitisation, US moves, and an interoperability alliance. Another day of action in the busy blockchain and Bitcoin world. Features Sberbank, IBM, Infosys Finacle, BitFlyer and the Blockchain Interoperability Alliance. Doubt you missed it, but Bitcoin has reached an all time high of $10,000. We were inundated with similar comments […]
Amazon Web Services (AWS) kicked off its annual re:Invent conference with a new service designed to make its cloud more competitive to enterprise IT in performance and security, reports Enterprise Cloud News (Banking Technology’s sister publication). EC2 Bare Metal Instances gives enterprises the “best of both worlds,” Peter DeSantis, AWS VP of global infrastructure, said, […]
No quiet days, and no respite from the action. Our latest paytech round-up stars Instarem, Form3, Starling Bank, Optile and Worldpay. Singapore-headquartered start-up Instarem has expanded into Malaysia, “solidifying its presence” in Asia Pacific (APAC). The firm already has individual and corporate customers in Singapore, Australia and Hong Kong. Instarem says it has licences in […]
AlphaPoint has announced plans to build a new public blockchain network that will enable users to digitise real-world assets and monetise them across new markets, reports David Penn at Finovate (Banking Technology’s sister company). The network, dubbed the AlphaPoint Public Network (APN), will be the first public blockchain built based on Intel SGX technology. AlphaPoint will fund […]