Fintech

Just in time for Xmas, Fintech Founders has been published. You can read more about it and buy it here. It is my search round the world for the best stories on how fintech businesses were [...]

Virgin Money has reported that underlying profit before tax increased to £128.6m in H1 2017 compared to £101.8m in H1 2016, with retail deposit balances rising to £29.6bn, +5% on FY 2016 and [...]

Voice-recognition software used by HSBC to stop fraud was fooled by a BBC reporter and his twin brother. HSBC is reviewing ways to make the ID system more sensitive Research, conducted among 2000 [...]

Monzo has prioritised launching current accounts for its 190,000 customers over the development of a full featured public API. However, the bank still intends to launch a public API and developer [...]

Bank of Ireland has announced it is investing €10m into branch development. The bank is also setting up a ‘Startlab’ incubator facility above its Camden Street, Dublin branch Challenger banks [...]

Metro Bank has claimed that rental income from its safety deposit boxes covers 80% of its branch network rental costs. Currently, the bank has 80,000 safety deposit boxes in its branch network. [...]

Square is reportedly planning to launch a physical Square Cash debit card. Its virtual Square Cash card, which lets users make payments using their Square Cash balance anywhere Apple Pay is [...]

Android Pay gets inside bank apps. Google has partnered with several banks including Bank of America, USAA, Discover and mBank to integrate Android Pay into their banking apps. This means that [...]

Highlights for Digital Investment this week Standard Life has said it is exploring robo-advice tools as part of its plans to expand the Elevate platform. P2P Global Investments, the UK’s first [...]

Headlines in Banking for this week Santander made €585m from money transfers in 2016, or nearly a tenth of its global profit of €6.2bn, according to documents seen by The Guardian. The leaked [...]