UK Banks Must Collaborate with Fintechs to Transform Payments Industry
The UK payments industry is undergoing an unprecedented transformation, driven by the twin engines of growing adoption of technology and changing consumer expectations. This has
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Banks No Longer First Port of Call for Half of Britain’s SMEs
New survey finds 49% of respondents would go somewhere other than a bank when seeking a business finance provider Proportion of respondents to have considered
Fourteen Banks and Financial Institutions Launch Drive to Develop Multi-Trillion Dollar Trade as an Asset Class
Fourteen leading global financial institutions have launched a drive to use technology and standardisation for the wider distribution of trade finance assets. ANZ, Crédit Agricole
There’s Been a Murdah! Cash in Death Spiral as 1 in 3 Scottish Banks Close Since 2010
A third of banks in Scotland have closed since 2010, a report by Which? has shown. The consumer watchdog, which argues that “urgent regulatory action”
Convergence of Real-Time Payments and Open Banking Helps Banks to Grow Revenue and Attract Customers
Banks, processors and merchant acquirers must adopt holistic real-time and Open Banking strategies in order to monetize real-time payments, according to Get More from Real-Time Payments,
Key Questions for Banks Developing a Card, Mobile and IoT Payments
Banks are struggling with complexity and how to manage competing priorities… The growth of mobile and now IoT payments means that banks need a back-end
UK Banks Look to Cut Costs and Get Ahead in Digital Race
With the banks annual reporting season well underway in the UK, analysts are expecting a combined profit of £23.9 billion for the four largest players
Banks Set To Invest In Legacy Systems To Combat Challenger Bank Threat
More than three-quarters (80%) of bankers believe challenger banks are an increased threat to their business, while almost one-third (30%) believe they will be the
Survey Reveals UK Banks are Lagging Behind Demand for Instant Account Set Up
Survey of 2,005 UK consumers shows that 4 in 10 Brits (43 per cent) expect to be able to set up their bank account instantly
Banks Facing Acute Shortage of Infosecurity Skills, According to New Research
An independent report by 451 Research, ‘Multi-Cloud Fundamental to Financial Services Transformation’, found that financial services businesses are looking to emerging technologies at a higher
