Banking

AI set to dominate agenda at Money20/20

For banks looking to differentiate themselves, providing good customer experience is essential -- but not always easy. Among the many…

BBVA’s digital transformation continues to impress

While many banks have struggled to reinvent themselves for the digital era, BBVA is succeeding in transforming itself into a…

One of Australia’s biggest banks is accused of money laundering – here are the numbers to know in the case

The Commonwealth Bank of Australia, one of the country’s biggest banks, has been accused of breaching anti-money laundering and counter…

The UK’s financial watchdog wants to review overdraft charges – here’s how much UK banks make in fees

The UK’s financial watchdog, the Financial Conduct Authority (FCA) wants to overhaul the way banks implement unplanned overdraft charges. In…

This is how the much the PPI scandal is still costing UK banks

Since 2011, the mis-selling of payments protection insurance (PPI) has been causing UK banks to shell out billions of pounds.…

London fintech startup Revolut just raised $66m to fund its worldwide expansion

Revolut, a challenger bank based in London, has raised $66m in funding from the likes Index Ventures to expand its…

Happy 50th birthday to the ATM – here are the ways it will change in the future

The humble ATM, or cash point, is celebrating its 50th birthday today. The first machine was installed 50 years ago…

Brexitversary: which city will be the next City?

A year ago today the UK voted to leave the European Union (EU). You may have heard about it. High…

Former Barclays executives charged with committing fraud during the financial crisis

Barclays and four former executives were charged with fraud on Tuesday over agreements struck with Qatar during the 2008 financial…

Biometric banking: the revolution already shaping the future of finance

Biometrics -- using physical features as security -- are already here and the password is on its way out. Gone…