The financial services industry was one of the first to adopt artificial intelligence (AI) in the early 80s.
Peer-to-peer lending service Zopa has today announced that it is launching a bank, making it the “world’s first hybrid peer-to-peer and digital bank”.
With an increasing number of stores now exclusively accepting credit or debit, Britain is increasingly moving towards being a cashless society.
Global taxation and financial advisory leader EY has announced that is applying technology to tax with the launch of an Advanced Technology Tax Lab.
Businesses around the world are now spending more on digital and technology assets than on traditional mergers and acquisitions, a comprehensive report by leading global law firm Freshfields Bruckhaus Deringer has found.
More than half of UK consumers are ready to pay for items using biometric payment cards, according to research by digital security provider Gemalto.
Biometrics will be used instead of passwords in banking as soon as 2019, says data and analytics company GlobalData, as banks step up efforts in the war against fraud.
The UK accounting watchdog, the Financial Reporting Council (FRC), is to consider whether auditors should be banned completely from providing consulting work for companies or organisations they audit.
An “oversized” finance sector in the UK cost £4.5tn in lost growth potential between 1995 and 2015, says research from Sheffield University’s Political Economy Research Institute (SPERI).
Mobile broker Pelican today announced its latest funding round as it continues to tempt cautious millennial investors into the stock market with its social trading app.
Local bank branch and ATM closures will have the most impact on lower-income families, as the UK moves towards a cashless society.
Payment infrastructure technology company SIA has become the leading Central and Southeastern Europe card processing provider following the acquisition of First Data Corporation’s card processing business.
A completely cashless Sweden may become a reality sooner than expected.
By now, Monzo is nothing new, with its luminous coral bank cards a common feature of many wallets.
Intelligent automation could add $512bn to the global revenues of financial services firms by 2020, according to a report by Capgemini.