01/02/2024
Chase UK aims for profit in 2025 as digital bank grows ‘rapidly’
JP Morgan had warned that losses from the UK digital bank would be about 450 million US dollars (£352 million) in 2022
FinTech
12/29/2023
Implementing AI Becomes Top-Two Priority for 31% of UK Executives Reveals Accenture
Around 35 per cent of UK executives said that implementing disruptive tech has escalated the importance of financial risks (market, credit, liquidity risks), compared to a global average of 29 per cent.
12/28/2023
HSBC funds digital identity fintech; Mastercard expands carbon gauge
That could provide the financial services industry a look at how gen AI can be used to improve customer engagement.
12/28/2023
Digital transformations are born from smart business cases
As mainstream applications of quantum computing and digital twinning continue to grow, it is clear that the new year will bring a tidal wave of technological progress.
12/27/2023
2023: Top five mergers and acquisitions
HSBC snaps up Silicon Valley Bank UK for £1
12/27/2023
Well-rehearsed team starts with new “Quant as a Service” business model
We consistently focus on our core competency – the development of quantitative investment solutions.
12/27/2023
Digital ID firm Yoti scores £12.5m debt funding from HSBC
This funding has enabled Yoti to develop proprietary technologies covering identity verification, age assurance, authentication and esignatures, including world class in-house facial age estimation, liveness and facial recognition AI.
12/22/2023
ONE OBJECTWAY: the value of being ONE organisation
At Objectway, being ONE means more than a collective effort; it embodies a set of principles and practices that elevate us into a league of our own.
12/21/2023
Employees believe they need new skills to compete with AI
One study from KPMG illustrated how, as much as bosses want to suggest AI isn’t going to lead to mass redundancies, its deployment looks specifically angled to making life more miserable for many workers.
12/20/2023
No more annual fees for debit cards and private accounts: Zürcher Kantonalbank is launching a digital banking offering across Switzerland with ZKB Banking
Overall, the annual savings are up to CHF 116
12/19/2023
MoraBanc shares its tips for the digital asset revolution in the latest issue of World Finance
Trust is key to bridging the gap between traditional and digital assets
12/15/2023
TMF Group Adopts Broadridge’s Sentry Loan Administration Platform to Scale for Private Debt and CLO Fund Services Business Growth
Broadridge’s platform will also enable TMF Group to launch a new service offering for CLO administration, which it plans to bring to market in 2024.
12/15/2023
Swedish fintech Treyd expands to Ireland
The buy now pay later service for supplier invoices pays suppliers up front and gives SMEs four months to pay back
12/14/2023
Sygnum’s institutional crypto market survey: 60% bullish and expect high 2024 returns
Majority of institutional investors see crypto as an opportunity to participate in expected market upside as well as a “safe haven” strategy for hedging against traditional markets
12/14/2023
Sønr and PZU strategically partner to accelerate innovation
The collaboration with PZU aligns with the insurer’s commitment to staying at the forefront of industry advancements.
12/14/2023
Starling alum Megan Cooper joins ClearBank as CPO from Barclays
This will include, creating and executing ClearBank’s roadmap as it expands into new markets and as it looks to retain new signs of profitability.
12/13/2023
Santander goes it alone with Gravity core banking
Santander is currently in the middle of a major global transformation programme aimed at bringing all of the bank’s 165m customer base onto a single common operating model supported by a cutting-edge technology platform.
12/13/2023
Prosper tops up pre-seed raise with £1m crowdfund
Some 407 backers took part in the crowdfunding round
12/13/2023
UK fintech Ebury acquires Prime Financial Markets to make African debut
It also offers financial advice and risk mitigation services, notably in the realms of liquidity and covenant management, treasury policy and risk integration.
12/13/2023
Capgemini Enables Inpost to Transform its Business Processes Across Multiple European Markets
New cloud transformation agreement to bring greater efficiency, innovation and speed with state-of-the-art analytics and live reporting.