Fintech Update

Revolut slashes fraud with disposable virtual cards Digital banking startup Revolut is hailing its recent introduction of disposable virtual cards for online purchases, claiming a 30% reduction in card fraud cases. In March Revolut began letting customers create...
HSBC, Civilised Bank, Moody and Starling Bank

HSBC, Civilised Bank, Moody and Starling Bank

HSBC is planning to integrate Quantexa’s AI software to screen the data it holds on customers and their transactions against publicly available data, in a move to identify suspicious activity. Quantexa’s software scans structured and unstructured data on...

Startling, NatWest, Monzo and Tandem in banking

Starling Bank is to integrate its app with PensionBee’s pension transfer service and is planning further partnerships with Wealthsimple, Habito and Kasko in the near future, according to City AM. NatWest has hosted a speed dating event to demonstrate how much...

PSD2, Investly, goldman Sachs in Banking this week

Altus Consulting has said that PSD2 will help banks re-enter the advice market and consolidate their clients’ pension assets. Big banks not already offering advice are poised to launch technology-led advice services. At least five – Lloyds Banking Group,...