Swedish open banking platform Tink has warned that many banks are not providing “the proper technology environment” for third parties to make the most of open banking regulations.
Multiply has become the first financial planning app to be approved by the Financial Conduct Authority (FCA).
With 90% of consumers worrying about having their online financial accounts hacked, ensuring that online banking is protected from phishing attacks and other vulnerabilities is essential, especially as 76% of data breaches are financially motivated.
To make card payments more convenient and secure, issuers are looking to integrate biometric fingerprint technology into their cards.
The use of biometrics as an alternative to traditional passwords is on the rise, with everything from facial and voice recognition to fingerprint authentication seeing climbing use across hardware, banking and beyond.
A new industry code, designed to repay those who have fallen victim to financial scams, comes into force today.
Would you invest in a company that makes no money and has warned would-be investors that it may never do so?
The UK is defying ongoing Brexit uncertainty by becoming the most popular destination for foreign investment in the world, according to a report published today by EY.
As contactless card spending surged by nearly a third in 2018, and with over 20 million transactions taking place each day, new data released by Paymentsense reveals the UK cities leading the move towards a cashless society.
At the end of last month Apple’s latest series of announcements were broadcast from the Steve Jobs Theatre in Culpertino.
The speed at which consumers have adopted mobile digital platforms is testimony to how highly they prize the convenience of mobile apps.
A research project into the security of financial services apps has identified serious issues with the majority of those tested, which could in many cases lead to the exposure of user data to hackers.
Financial services provider Klarna has announced its new Open Banking Platform, which will provide fintechs with easy access to thousands of banks across Europe.
Tech Nation has announced the 24 companies chosen to join its Future Fifty scheme, with digital banking featured heavily in the list.
Many of us have put the 2008 financial crisis to the very back of our minds – it is a time we do not want to dwell on.
In the past few years, the banking industry has been transformed almost beyond recognition.
It’s likely that you’ve heard the term ‘open banking’ in recent months.
Until now, the race to a trillion has been dominated by big tech, with both Apple and Amazon reaching the milestone in 2018.
The banking chatbot has come a long way from just linking to FAQs and referring you to a human colleague when questions get too profound.
NatWest bank has announced a trial of biometric payments that will see customers in the UK pay with their fingerprints for the first time.
For too long, businesses across the globe paid scant attention to the paradigm shift in transaction tax enforcement.
Despite growing discussion on the topic, confidence in financial services digital transformation has dropped over the past six years, according to research by Capgemini.
UK banks are experiencing at least one IT shutdown every day, leaving customers unable to make payments.
“A very prominent myth is that blockchain will trigger the demise of banks,” says Igor Pejic, author of Blockchain Babel.
With the excitement surrounding fintech and the emergence of innovative digital-first banks, it is easy to overlook those who rely on cash in their day-to-day lives.
Data intelligence startup Mimiro has raised $30m for its machine learning platform that analyses the risk of an organisation having ties to financial crimes such as terrorist funding, money laundering and fraud.
With challenger banks growing in popularity with digitally-savvy customers, other areas of finance are now moving into the digital-first space.
This month marks a year since Open Banking was introduced in the UK.
Financial services companies now put the acquisition of intellectual property and new technologies as the most important objective in mergers and acquisitions activity, above the growth of market share or extending into new product lines.