Eight good and bad impacts Coronavirus could have on FinTech
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?
The biggest mistakes financial firms make when collecting data
Getting big data right can help businesses make money and follow the law. So why do financial firms get it wrong?
LexisNexis adds behavioural biometrics to its tool suite
LexisNexis® Risk Solutions has added behavioural biometrics to is selection of fraud and identity solutions.
TransferWise teams up with Alipay to improve its money transfer services in China
London-based TransferWise is the latest FinTech company to team up with Alibaba-owned Alipay.
Losses from APP fraud increases in 2019
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.
The British FCA expects insurers to be compassionate and fair to consumers during the...
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.
Could the coronavirus help Revolut grow?
UK challenger bank Revolut is expected to add three million new user by June and COVID-19 could be a contributing factor.
European Central Bank launches €759bn package to support coronavirus impact
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.
African crypto exchange SAFCOIN launches zero-fee bitcoin trading pair just after investment in the...
Bitcoin traders in Africa can now trade South African rand and American dollars on SAFCOIN, the cryptocurrency exchange, without paying any transaction fees.
Monzo’s founder and CEO reveals his secrets to success
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.