UK Neobank Monzo Marks First Profitable Year
British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday...
archiveDigital Banking
Study reveals half of Brits are now more wary of online banking, with online fraud a key concern
The banking industry has been shifting its focus more and more to online banking and banking apps over recent years,...
HSBC UK launches new savings product
HSBC UK has announced the launch of a new savings product, aiming to optimise the manner in which customers and...
Lydia Launches European Banking Super App Called Sumeria
French payments app Lydia has launched a European banking super app called Sumeria. The company will invest more than €100 million...
Cotribute Named Finalist in 2024 Banking Tech Awards USA
--Digital Platform named a finalist in two categories, Best Embedded Finance Solution and Best Community Bank/Credit Union Modernization--ANAHEIM, Calif., May...
Banks’ IT systems have been shown up of late
There have been several instances recently where IT systems of banks have been shown up as not meeting data security...
UK Finance starts with RLN experimentation phase
Financial services provider UK Finance has announced its plans to work on an additional UK Regulated Liability Network (RLN) experimentation...
UK sees rise in copycat banking site scams
The U.K. has seen a major rise in copycat banking scams, where scammers create websites that pretend to be real...
The UK government to publish National Payments Vision
The UK government has announced its initiative to publish a National Payments Vision, in order to accelerate the development of...
Revolut attracts FCA scrutiny over red-flagged accounts
Revolut has attracted scrutiny from the UK’s Financial Conduct Authority over red-flag accounts that were restricted by the National Crime...
