Majority of UK firms attribute recent cyberattacks to tech vulnerabilities
A study by cybersecurity firm Tenable has found that 72% of UK firms have attributed recent cyberattacks to vulnerabilities in technology put in place during the pandemic.
ECB stress test reveals potential climate peril for European banks
A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.
Customers with good onboarding experiences more likely to remain brand loyal
Customers that have “better than expected” onboarding experiences are more likely to remain loyal to a brand and acquire more products than consumers suffering from bad experiences.
40% of financial institutions could take a decade to implement open banking
A survey by open banking platform Tink has found that four in ten executives believe it will take their organisation between 5-10 years to fully implement open banking.
How are rising ESG interests changing wealth management
Climate change is one of the biggest challenges we face. While policies like the Paris Agreement attempt to change the world to have a net-zero emissions impact, there are still billions of dollars invested each year into harmful industries, such as fossil fuels. As pressure on climate change rises, could firms start to focus more on ESG funds?
PayU teams with AU10TIX to simplify merchant onboarding process
FinTech firm PayU has partnered with identity management company AU10TIX to help streamline its screening and onboarding process.
PayTech Swapi reels in £860k pre-seed to expand team
UK e-wallet platform Swapi had raised £860,000 from a pre-seed funding round that included Trampoline Ventures.
Banks and asset managers not yet prepared to meet climate risk deadlines
A barometer measuring the climate risk preparedness of the global banks and asset managers has found a lot still needs to be done in terms of practical implementation.
PayTechs replace banks as most important business partners for SMEs
Research by FinTech firm YouLend has found PayTechs and website and webshop providers have overtaken banks as the most important business partner for SMEs.
CaixaBank teams with Revelock to create anti-fraud solutions
Spain’s CaixaBank has collaborated with anti-phishing company Revelock to build an AI-powered solution to counter fraud in digital banking.
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