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UK FS Workers Say AI Can Transform the Sector, Yet Banks are Still Slow to Adopt

The Fintech TimesNovember 14, 2019November 12, 2019

by The Fintech TimesNovember 14, 2019November 12, 2019

More than two-thirds (67%) of UK Financial Services (FS) workers believe that artificial intelligence (AI) has the potential to transform many FS practices, according to...

Banks Fintech UK Latest News Open Banking

Confidence in Service Providers Critical to Open Banking Adoption, Says Study

The Fintech TimesNovember 9, 2019November 7, 2019

by The Fintech TimesNovember 9, 2019November 7, 2019

The overwhelming majority of consumers would prefer their main bank, as opposed to other banks or third-party providers (TPPs), to be their primary source of...

Banks Fintech UK Latest News Open Banking

Banking On It: EU Directive to Offer Frictionless Finance For All?

The Fintech TimesNovember 6, 2019November 5, 2019

by The Fintech TimesNovember 6, 2019November 5, 2019

As the EU’s Open Banking Directive takes hold, John Powers, CSO of Findora, a confidential network protocol that enables the seamless, secure, and fully compliant...

Banks Fintech UK Latest News

A New Wave of Competition Pressures Mid-Sized Banks to Evolve

The Fintech TimesNovember 5, 2019November 5, 2019

by The Fintech TimesNovember 5, 2019November 5, 2019

By Raja Bose, retail banking consulting leader at Genpact For traditional banks, learning to compete with nimbler fintech competitors is nothing new. Now, however, they...

Banks Fintech UK Latest News

Finastra Launches Fusion Treasury Essential – Helping Banks Automate Treasury in Just 90 Days

The Fintech TimesNovember 5, 2019November 4, 2019

by The Fintech TimesNovember 5, 2019November 4, 2019

Finastra today unveiled Fusion Treasury Essential – a packaged solution designed for smaller banks that don’t already have a dedicated treasury system, but are looking to automate and...

Banks Fintech London Fintech UK Latest News

Starling Bank Launches Euro Debit Card

The Fintech TimesOctober 31, 2019October 30, 2019

by The Fintech TimesOctober 31, 2019October 30, 2019

Starling Bank, the UK digital bank, has made its debit card smarter, giving business and personal customers the power to spend directly in pounds or...

Fintech UK Latest News Money 20/20 Payment Systems Report

Banking Circle Launches Payments Insight Paper

The Fintech TimesOctober 29, 2019October 28, 2019

by The Fintech TimesOctober 29, 2019October 28, 2019

Money20/20 USA played host to the launch of the latest Banking Circle insight paper. ‘Pay, Set, Match! Payment services for SMEs – Jump-starting a virtuous...

Fintech London Fintech UK Latest News Open Banking

Jim Marous to be Keynote Speaker at the Open Banking Expo

The Fintech TimesOctober 28, 2019October 25, 2019

by The Fintech TimesOctober 28, 2019October 25, 2019

Open Banking Expo is unveiling global digital banking strategist Jim Marous as the keynote speaker at its London Expo on 13th November 2019. Jim Marous is an internationally...

Fintech UK Latest News Open Banking

Coconut Uses Open Banking to Transform Bookkeeping for Millions of UK’s Self-Employed

The Fintech TimesOctober 26, 2019October 25, 2019

by The Fintech TimesOctober 26, 2019October 25, 2019

Coconut, the smart accounting app designed specifically for self-employed people, is set to automate bookkeeping for millions of people around the UK. From mid-November, self-employed people and...

Banks Fintech UK Latest News Report

Research Shows Banks Could Lose $22.75bn to Slow Onboarding

The Fintech TimesOctober 25, 2019October 24, 2019

by The Fintech TimesOctober 25, 2019October 24, 2019

The provider of digital Client Lifecycle Management (CLM) solutions Fenergo, has announced the results of new research which reveals that slow and manual onboarding processes could lead to...

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