by admin | May 4, 2017 | Cybercrime, Fintech
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...
by admin | Apr 10, 2017 | Challenger banks, Commercial Banking, Fintech
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...
by admin | Feb 27, 2017 | Challenger banks, Crowdfunding
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...
