Voice-recognition software used by HSBC to stop fraud was fooled by a BBC reporter and his twin brother. HSBC is reviewing ways to make the ID system more sensitive Research, conducted among 2000 UK adults by technology company Mulesoft, highlights a shifting trend in...
Monzo has prioritised launching current accounts for its 190,000 customers over the development of a full featured public API. However, the bank still intends to launch a public API and developer tools at some point next year. Tandem Bank has reportedly reduced...
Bank of Ireland has announced it is investing €10m into branch development. The bank is also setting up a ‘Startlab’ incubator facility above its Camden Street, Dublin branch Challenger banks including Secure Trust, Aldermore, OneSavings Bank and Shawbrook have asked...
Headlines in Banking for this week Santander made €585m from money transfers in 2016, or nearly a tenth of its global profit of €6.2bn, according to documents seen by The Guardian. The leaked documents also show that the bank charges six times as much as TransferWise...
Several challenger banks have emerged in the United Kingdom, but Monzo is probably the most popular one. Built entirely from scratch onto a mobile native app, Monzo offers a series of improvements to traditional banks, such as notifications every time you make a...
What you need to know: Masthaven bank, an online-only bank started operating as an alternative to the conventional banks in the United Kingdom. The PRA and FCA granted the challenger bank’s license in April 2016. Masthaven Finance, a loan specialist, spawned the...
