Banks

While all major UK banks offer facilities to transfer money, pay bills and manage accounts digitally, many customers still prefer to bank in person, or by phone. Brits still use digital banking to check their balance but are falling behind their European counterparts in countries like Germany, the Netherlands and …

Macclesfield FinTech giant Quint Group has reported a record year of growth with a 64 per cent increase in revenue to almost £32m by March 2017.  Quint saw its turnover rise from £19.5m to £31.9m in 2016/17, along with an increase in underlying profits of over 250 per cent from …

After the jubilation and inverse disappointment of the Brexit vote in June last year, the much-debated Article 50 has finally been triggered, just when many started to feel some confidence in the Tory leadership, the results of a miscalculated election have left the UK with a hung parliament. Whilst the …

Barclays, State Street, Credit Suisse, Bank of Ireland & Fidelity are among 10 host sponsors who will utilise the 2nd Blockchain for Finance Conference, Europe (October 3-4, Dublin) as a platform to debate critical challenges facing financial services when it comes to blockchain adoption. As financial institutions continue to plot …

Life is about to get tougher for money launderers. One of the new government’s first tasks will be to approve draft regulations to implement EU 4MLD[i]. These new regulations, with their more rigorous approach, apply to banks and other relevant persons[ii]. One of the major changes is the need to thoroughly …

Industry groups have warned UK regulators there will be no way of knowing whether third-party fintechs are authorised providers or fraudsters once the revised Payment Services Directive (PSD2) goes live in January. In a joint consultation response to the Financial Conduct Authority (FCA), four financial sector associations called for its …

Billon Financial, the distributed ledger technology (DLT) based payment provider is a FCA registered small e-money firm. Underlying technology from Billon Group provides solutions for everyday currencies, eliminating the costly mining and 3rd party exchanges associated with cryptocurrenciesInitial use case replaces incentives paid with anonymous pre-paid cards with an instant, …

Philip Morris in Poland innovates trade incentives using Billon technology. • Philip Morris, the leading global tobacco company, used distributed ledger technology to make incentive payments in a series of pilots • Billon delivered digital engagement – a mobile experience that exchanges data and money in real time • Billon’s …

Entrepreneur and philanthropist Dr. Herbert Wigwe received a series of awards and recognitions last year, mainly for his unwavering work on building up a sustainable and strong financial infrastructure through banking in his home country of Nigeria but also, and not least for his constant humanitarian work through charitable organizations …

Feeling unsure about setting up your own business in a post Brexit Britain? You’re not alone says NatWest’s entrepreneur development manager, Chris Kettle We know that entrepreneurs are the lifeblood of the UK economy and that many people want to run their own company. With more businesses in Britain than …