FinTech

Showing Latest FinTech

Cloud scalability seduces the financial sector – but there are challenges

21 May 18 @ 20:58

The financial sector, while forging ahead in other areas of digital transformation, has been relatively slow to adopt the cloud and there has been good reason for it: banks have... read more

Mobile POS terminals market to grow at 18% CAGR from 2018 to 2024

15 May 18 @ 13:17

According to a new research report by the market research and strategy consulting firm, Global Market Insights, the mobile POS terminals market to reach $55 billion by 2024. The ubiquitous acceptance... read more

Main UK payment systems effectively privatised to one person

14 May 18 @ 16:46

As of May 1st, there has been a new operator of the UK’s two most important retail payment schemes. New Payments Systems Operator Limited – or NPSO for short –... read more

A challenging time for time challenger banks

09 May 18 @ 09:44

Challenger banks were hailed by politicians as the way to break the stranglehold of the UK’s big four high street banks. The challengers have enjoyed rapid growth, helped by benign... read more

The Challenge for Retailers – Building an Open Payment Platform

04 May 18 @ 10:52

In the last decade, contactless technologies, the mobile Internet and always connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more

Infographic: 16 Blockchain technology disruptions

02 May 18 @ 15:53

Blockchain technology is probably one of the most impactful discoveries in the recent history. After all, it has a massive potential to change how we handle online transactions. Despite some... read more

World Bank report shows financial inclusion on the rise

02 May 18 @ 10:26

Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries. A new World Bank report on the use of... read more

Fraud fears rise as cashless society becomes reality

20 Apr 18 @ 09:25

Despite well-reported reductions in the use of cash across the country, new research from international legal practice, Osborne Clarke, reveals that UK consumers are now more concerned than they were... read more

China Construction Bank opens a branch only managed by AI robots

18 Apr 18 @ 11:17

China Construction Bank (CCB), the China’s second largest lender by assets, has opened an unstaffed, self-service bank branch in Shanghai this week, run by pure technology including facial recognition (FR), artificial intelligent... read more

PSD2 and Open Banking an uneven playing field says Santander Head

17 Apr 18 @ 14:00

PSD2 and Open Banking regulations need to be reformed  says the head of Santander, the eurozone’s biggest retail bank, calling for the EU’s flagship new payments regulation to be reviewed... read more

Santander launches blockchain-based international money transfer with Ripple XRP

13 Apr 18 @ 10:17

Banco Santander has launched new international money transfer service using blockchain-based technology from Ripple. The service is available to retail customers in Spain, UK, Brazil and Poland, and will be... read more

Invoices instead of smileys – will we soon be able to pay via WhatsApp?

11 Apr 18 @ 11:00

WhatsApp is now firmly integrated into the everyday lives of millions of people across Europe. The question of where and when to have drinks or dinner is now often discussed... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more