07/13/2023
High transaction costs, limited access to banking services, currency exchange rates and security concerns are just some of the challenges to contend with when making African payments to overseas schools.
07/13/2023
I also see smaller banks as more agile and able to more quickly adapt.
07/13/2023
It is the first digital bank to introduce The Bonus Multiplier Account, with a gamified structure and rewarding customers for their loyalty, giving them a 3% increment on their salaries every month.
07/12/2023
The annual American Express barometer survey of 1,000 UK SME decision-makers found that 35 per cent think running a business has become harder over the last year.
07/12/2023
This is part of Citi’s significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform.
07/12/2023
By aggregating multiple payment transactions, the acquirer or payment processor is presented with a single interface.
07/11/2023
Clients can also digitally open accounts and request new products and services.
07/10/2023
As a technology, VR - and with it augmented reality (AR) - is still in its relative infancy.
07/10/2023
The Digital First Card Platform is designed to enhance digital offerings for businesses across industries, ultimately improving the end user’s customer experience.
07/10/2023
The fault was detected in late 2021 by a partner bank to Revolut in the US, and was corrected in Spring 2022.
07/07/2023
Now, the firm is being asked by the central bank to design a private and secure system that prevents the tracking and correlation of transactions, as well as stop fraud and money laundering.
07/07/2023
Synch is building a money-transfer app, called Yippay, on behalf of AIB, Bank of Ireland, KBC Ireland and Permanent TSB to help the banks take on the likes of Revolut.
07/07/2023
Paymentology’s data backs this claim, with the number of ATMs in Europe falling by over 10% since 2016.
07/07/2023
Moneyhub enables European consumers to share data on their terms
07/06/2023
The payments giant has launched its 'Consumer Fraud Risk' technology in the country, using large-scale payments data to help identify scams before funds leave a victim’s account.
07/06/2023
The move by PayPal represents the expansion of MACH Alliance into the fintech sector and highlights the sector’s readiness for MACH.
07/05/2023
Revolut hopes that New Zealand will prove fertile ground, noting that a recent survey by Consumer NZ found that almost 40% of Kiwi consumers don’t trust their banks.
07/04/2023
With an industry that is lightly regulated and growing in size and significance, and an increase in business failures anticipated due to deteriorating economic conditions, action is needed.
07/04/2023
By joining RetailBook, it means that Crowdcube’s retail investors will be able to participate in IPOs on the same terms as institutional investors.
07/04/2023
Monzo has recorded an annual loss in the twelve months to March but also says it is now operating at a profitable level on a monthly basis.