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...
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...
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...