Latest news

Central banks will lead digital currency innovation, report finds

There is increasing evidence that central banks across the world are serious about introducing their own digital currencies. By Dippy Singh

Central banks will lead digital currency innovation, report finds

There is increasing evidence that central banks across the world are serious about introducing their own digital currencies. By Dippy Singh

VibePay is offering its “fee-free” service to online sellers

Since the firm launched six months ago, more than £1 million has already been requested through the app. Dippy Singh reports

UK SMEs wedded to legacy banks, while Europeans eye challengers

Nearly 80 per cent of UK SMEs have their primary relationship with one of the traditional high-street banks. By Dippy Singh

New coronavirus fintech taskforce offers their support to SMEs

A group of leading fintechs have come together to help lenders distribute funds more efficiently to firms impacted by the Coronavirus.

Revolut to launch in the US

Americans will be required to adhere to the Know Your Customer identity verification rules to be approved for a Revolut account.

Truelayer offers free access to coronavirus helpers

The London startup said technology must “do its part” as Europe remains gripped by the coronavirus Covid-19.

Industry comes together to create COVID-19 income checker for self-employed

11:FS, Credit Kudos, Fronted and Coconut unleash Open Banking as a force for good amid the COVID-19 outbreak.

Temenos and ClearBank form strategic partnership

Temenos and ClearBank form strategic relationship to provide seamless payments in the cloud.

Banks warn of environment of “unprecedented change”

Financial groups pledge to use acquisitions, partnerships and tech innovations to enhance services beyond 2020. Ellie Duncan reports

iwoca launches lending platform as bank branches close

The arrival of OpenLending comes as some traditional lenders are closing their doors on the high street.

Revolut customer base to grow by a third by 2021

Revolut has adopted an aggressive roll out strategy which includes offering a ‘junior’ app for the children’s market.

Monzo dives into business banking

Digital bank Monzo has today launched its business bank accounts in the UK as the battle for business banking space hots up.

Payhawk raises €3 million in seed funding

The company will use the cash to strengthen its presence in the German market, having recently opened an office in Berlin.

Fintechs partner for Middle East lending revolution

Qarar’s algorithms will be used on Aion’s banking platform so banks can offer quicker lending decisions.

How can we accelerate Open Finance adoption?

The FCA recently issued a “call for input” on its vision to extend Open Banking to financial services more generally. What makes Open Finance different and how far reaching are the implications? Jenny Turton takes a closer look

Santander snaps up Spanish fintech Mercury TFS

The majority stake in Spanish-based Mercury TFS is part of a wider digital strategy to accelerate growth through acquisitions. Dippy Singh reports…