Revolut slashes fraud with disposable virtual cards Digital banking startup Revolut is hailing its recent introduction of disposable virtual cards for online purchases, claiming a 30% reduction [...]
Microsoft is working on technology that would eliminate cashiers and checkout lines from stores. The company is developing systems that track what shoppers add to their carts and has held talks [...]
Barclays has taken-out an enterprise-wide license agreement with Simudyne to investigate new ways to manage risk in a simulated virtual environment. The bank has been using Simudyne’s toolkit to [...]
European Investment Fund has withdrawn funding to British start-ups. The Fund, which has, at times, accounted for up to a third of all the investment in UK-based venture capital funds, put just [...]
MF head, Christine Lagarde, has suggested that the development of bitcoin and other digital currencies could make the global financial system safer, despite the ‘inevitable’ accidents PayPal has [...]
CYBG is planning to launch a new service in May 2018 allowing users of its B smartphone app to access new open banking technology and see their accounts with other lenders. The B app is used by [...]
Virgin Money is planning to overhaul its controversial £2.7bn tracker fund, which charges investors 17 times the fees of comparable alternatives. An announcement on the changes will be made after [...]
ClearBank has partnered with Allpay to offer its ‘banking-lite’ services for the prepaid card market, enabling Allpay to provide a virtual account platform to its clients and customers, with [...]
HSBC is planning to integrate Quantexa’s AI software to screen the data it holds on customers and their transactions against publicly available data, in a move to identify suspicious activity. [...]
