Fintech

What’s happened in Banking last week Lloyds Banking Group has announced plans to reduce the size of hundreds of its branches. The new ‘micro branches’ will be staffed by two people, [...]

What you need to know Revolut is a UK based currency service. It is making the most out of its extensive user base of more than 500.000 users. After sealing a deal with MoneyFarm to refer [...]

What you need to know The Financial Conduct Authority (FCA) said businesses borrowing money and lending it out must have permission to “accept deposits” — which is a feature of the banking [...]

What you need to know TransferWise has created a virtual assistant on Facebook to send money to people in different countries. TransferWise’s new Facebook service is currently available to [...]

What you need to know After buying US based Moneygram and investing in Thai Ascend Money and Philippine Mynt, Ant Financial are investing in another payments network. This time it is investing in [...]

What you need to know: The Internet of Things and fintech will continue to play an important role in 2017. Fintech will drive digital transformation in every business sector that generates income [...]

What you need to know: Gallagher introduced its Mobile Connect Product that can secure credentials on smartphones. The product uses Bluetooth capability and FIDO authentication standard to [...]

What you need to know: The fintech industry in China has experienced spectacular growth over the past years. Millions of consumers shifted to more efficient and better alternatives from [...]

What you need to know: HSBC has been the first bank in Hong Kong to launch an app that doesn’t require an account number to make payments. The app is currently on an Early Bird sign up [...]

What you need to know: 2017 is a year that can allow institutions to provide unparalleled banking experiences with new and current technologies. Various banks will take advantage of chatbots. [...]