Company News

The World Health Organization (WHO) classified COVID-19 (coronavirus) as a pandemic last week. While ensuring people, particularly those at high-risk, are safe, protecting businesses and jobs has been a major priority for governments across the globe. But what are the good and bad impacts it can have on FinTechs?

Getting big data right can help businesses make money and follow the law. So why do financial firms get it wrong?

LexisNexis® Risk Solutions has added behavioural biometrics to is selection of fraud and identity solutions.

London-based TransferWise is the latest FinTech company to team up with Alibaba-owned Alipay.

While the banking and finance industry prevented more than £1.8bn in fraud during 2019 in the UK, the amount lost through authorised push payments (APP) scams increased to £465m.

As everyone from challenger banks to regulators are dealing with the global COVID-19 outbreak, the UK’s financial watchdog has given insurance companies a clear indication how they should conduct themselves during the crisis.

UK challenger bank Revolut is expected to add three million new user by June and COVID-19 could be a contributing factor.

The European Central Bank (ECB) is the latest European body to take measures to stop the impact of COVID-19 (coronavirus) on the financial market.

Bitcoin traders in Africa can now trade South African rand and American dollars on SAFCOIN, the cryptocurrency exchange, without paying any transaction fees.

From the virtues of diversity to daring to break the rules, Monzo’s co-founder and CEO Tom Blomfield has revealed his best tips to achieve success.