Just in time for Xmas, Fintech Founders has been published. You can read more about it and buy it here. It is my search round the world for the best stories on how fintech businesses were created, getting the best tips for wannabe financial technology entrepreneurs. ...
Virgin Money has reported that underlying profit before tax increased to £128.6m in H1 2017 compared to £101.8m in H1 2016, with retail deposit balances rising to £29.6bn, +5% on FY 2016 and mortgage balances increasing to £31.8bn, +7% on FY 2016. Credit card balances...
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...
Metro Bank has claimed that rental income from its safety deposit boxes covers 80% of its branch network rental costs. Currently, the bank has 80,000 safety deposit boxes in its branch network. The bank’s new Luton branch, which is expected to open later in...
