Digital Challengers Close in on High Street Banks
New research from TransUnion has revealed that the gap between traditional high street banks and digital challengers is rapidly closing. According to TransUnion’s latest Consumer...
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Banks respond to coronavirus crisis
As the World Health Organization declares an official pandemic for COVID-19, UK banks announced plans to mitigate the virus’s economic impacts following a similar move...
Interview: Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
Starling Bank founder and chief executive Anne Boden said the business will to make its first monthly profit in “in January or February” of next...
OakNorth Bank sees pre-tax profits jump 95% in 2019 to £65.9m and becomes one of the first banks globally to achieve net carbon zero
In just four years since launch, OakNorth Bank has become Europe’s fastest-growing company and ranks amongst the top 1% of banks globally in terms of performance;...
A race to innovate: Challenger banks vs established players
Siddharth Parashar, Chief Revenue Officer at Firstsource “The financial services sector has been quick to take the lead in embracing technologies such as AI, machine...
Why Neobanks are on the Rise and Selecting the Right Account
As consumers continue to increase online, traditional banks have invested millions in digital to compete with the rising fintech landscape. You may have heard of...
Capterra unveils results of its Digital Banks study, uncovering potential increase in their adoption by small businesses
A research from the leading B2B software search website has found that 90% of small businesses and freelancers that are currently using traditional banks would...
Banks Have a Responsibility to Fix the Financial Education Gap
by Michal Kissos Hertzog, CEO, Pepper Despite the abundance of technology and information at our fingertips, impartial and free financial guidance is scarce. Fintechs are...
Kantar Names First Direct and Nationwide as the UK’s Leading Retail Banks for Customer Experience
by Mark Walker
First Direct and Nationwide top the UK’s first retail banking customer experience (CX) index published today by Kantar, the world’s leading data, insights and consulting firm. Kantar’s CX+ report, which surveyed almost 8,700 retail banking...
Realtime Offers Immense Potential for Payments for Banks and Fintechs
by Mark Walker
New research from Emerging Payments Association reveals that ‘realtime’ payments are growing rapidly in the UK, signifying potential for business payments for banks and fintechs....