Tag: FinTech
PayPal hits 3.7bn transactions, 346m active users in Q2 2020
Recent years have witnessed a surge in the adoption of digital payments worldwide, driven by the rising number of smart devices and the booming eCommerce market. As one of the […]
5 Cybersecurity Threats to Financial Services
Banking and finance companies have access to sensitive data, such as financial records and personal information. These institutions, more than any others, should keep track of their systems’ activities. Should […]
China and US generate 65% of Digital Payments
As the largest revenue source of the global Fintech market, digital payments are set to reach $4.4trn transaction value this year, a 5% drop compared to pre-COVID-19 figures. According to […]
PayPal fined £250,000 over iZettle deal
Online payments giant PayPal has been fined £250,000 by Britain’s competition watchdog for failing to keep it and iZettle separate in the UK while an investigation was carried out into […]
NatWest trials voice banking with Google Assistant
Banking on your voice could become the new way to check accounts if a NatWest trial using the Google Assistant proves to be on the money. The bank is launching […]
Over a third of people ‘would prefer fast response from chatbot about finances’
More than third of financial services customers would prefer an instant response from a chatbot to waiting to speak to a human, a survey suggests. Some 35% would prefer an […]
How employers are using tech to build workforce communities
If you have recently started competing in the UK job market, you can’t have failed to notice how various cities around the country have flourished – largely on the back […]
Santander introduces Phone ID and Voice ID for telephone banking customers
Santander customers will no longer need to remember and key in security numbers when accessing telephone banking, as the bank introduces voice and phone recognition technology. Telephone banking customers will […]
HSBC’s voice recognition technology has saved bank £300 million in fraud
Technology which enables HSBC customers to access bank accounts using their voice as a password has prevented over £300 million falling into the hands of fraudsters since it launched in […]
3 of the Leading FinTech Trends in the UK
In the UK, the FinTech industry is continuing to grow. In fact, it seems there is little that can slow down the British financial technology businesses, not even Brexit. During […]
