Tag: COVID-19

How has the Covid-19 crisis changed how financial services should think...

The pandemic has forced financial service firms to reconsider their digital defences or risk falling victim to cyber attacks.

BoE accused of “setting the UK SME finance sector back several...

FinTechs and other non-bank lenders will not be able to access funding from the Bank of England that would help them deliver emergency loans, which has sparked accusations of the central bank hampering competition.

Monzo is trialling an open banking feature despite the founder’s previous...

Challenger bank Monzo is testing out a new feature enabling customers to easily move money from other banks' accounts, despite founder Tom Blomfield's previous scepticism of open banking.

Checkout.com warns businesses could risk losing $20bn because legitimate online payments...

Businesses risk losing over $20bn annually due to legitimate transactions being rejected as fraudulent, which could cause a serious dent in their coffers as they recover from Covid-19, according to new research from Checkout.com.

Could the coronavirus mean a boost in tech adoption in the...

While many have predicted that artificial intelligence could change how financial services operate, Kidbrooke notes that the revolution has yet to manifest. Could Covid-19 change that?

What can RegTech companies learn from how regulators have acted during...

Regulators around the world have issued emergency measures to safeguard the economy from the coronavirus fallout. But what can RegTechs learn from it?

Many have been unable to access financial services because of Covid-19

Two in five European customer have been unable to access financial services because of Covid-19 and a lack of access to digital options, according to new research from digital identity company Signicat.

FCA announces proposals to support motor finance and high cost credit...

The UK's top financial markets watchdog has announced new proposals to help motor finance and high cost credit product customers struggling because of the coronavirus.

More than half of remote workers have improved their cybersecurity awareness...

While many experts have feared that remote working will increase the risk of breaches, it seems like the majority of Australian professionals working from home has improved their cybersecurity awareness during lockdown.

The UK witnessed record funding in 2019, could the coronavirus mark...

The UK’s RegTech sector has nearly grown eight-fold since 2015. 2020 has been a weird year for everyone, but it could prove beneficial for the RegTech space and help it continue to grow in the UK.

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