Tag: pandemic

As a recession looms, how SME lending will be a cornerstone...

It is no secret the economic situation is in a bit of turmoil. People face a cost-of-living crisis and having just recovered from the impact of the pandemic, businesses are once again preparing for a tough market where survival is a priority. SME lending is their saviour. 

UK parliamentary group calls on regulators to adapt to new working...

A survey by the APPG on Challenger Banks and Building Societies has found the pandemic has directly driven the digital transition in banking services and working practices.

Has the pandemic changed financial crime?

In a world that is continuing to become more connected and less restricted by place, there are growing challenges surrounding the increasingly fluid nature of financial crime. Prior to 2020, financial crime in the digital world was already growing. However, with the onset of the pandemic, this practice was set to skyrocket.

Two years on: how the pandemic has changed the RegTech sector

When Covid-19 swept the world at the start of 2020, no one had any idea how much the pandemic would change the way we live and work. As in-person restrictions continue to fester two years on, how has the opportunities provided the pandemic impacted the RegTech industry?

FCA slapped UK finance firms with £568m in fines in 2021

During a year of heightened financial crime, the Financial Conduct Authority (FCA) handed out £568m in fines during 2021.

What will the new face of the office be after Covid-19?

When the coronavirus pandemic spread like wildfire in the early months of 2020, many companies and individuals alike had no idea what was to come – and how their work lives would change. With widespread vaccines, many companies are beginning to open up again, but what will be the ‘new normal’ for the financial sector in terms of working arrangements?

Survey finds majority of financial sector favour hybrid work policy post-pandemic

A survey by Accenture has found almost three-quarters of financial sector workers in the UK would prefer a flexible working policy once the pandemic has come to an end.

Almost half of European executives see Covid-19 digital shift as permanent,...

A study by Swedish open banking platform Tink has found 41% of European financial executives believe the shift online caused by the Covid-19 pandemic is permanent.

The UK could up contactless payment limit to £100 post Brexit

The UK could be increasing the contactless payments limit from £45 to £100, as one of its first moves away from the European Union.

Revolut introduces permanent flexible working options for employees

Challenger bank Revolut will give its employees the option to work remotely permanently after having asked its staff for its thoughts on the matter.

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