Tag: COVID-19

The Covid-19 lockdown has encouraged scammers to take up their efforts a notch, according to Barclays.

The Financial Conduct Authority (FCA) And the City Corporation have announced a strategic partnership to develop and launch a digital testing environment for innovative firms tackling the pandemic.

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

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.

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.

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.

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?

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

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.

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.