Barclays has taken-out an enterprise-wide license agreement with Simudyne to investigate new ways to manage risk in a simulated virtual environment. The bank has been using Simudyne’s toolkit to undertake ‘agent-based modelling’ which allows companies to simulate...
MF head, Christine Lagarde, has suggested that the development of bitcoin and other digital currencies could make the global financial system safer, despite the ‘inevitable’ accidents PayPal has combined PayPal Here with ebizmarts’ iPad-based point-of-sale solution,...
CYBG is planning to launch a new service in May 2018 allowing users of its B smartphone app to access new open banking technology and see their accounts with other lenders. The B app is used by around 150,000 people Dealogic study has found that European banks have...
Virgin Money is planning to overhaul its controversial £2.7bn tracker fund, which charges investors 17 times the fees of comparable alternatives. An announcement on the changes will be made after the recently announced joint venture with Aberdeen Standard Investments...
ClearBank has partnered with Allpay to offer its ‘banking-lite’ services for the prepaid card market, enabling Allpay to provide a virtual account platform to its clients and customers, with access to Bacs, Chaps and Faster Payments. Sainsbury’s is planning to...