The European Parliament’s Economic and Monetary Affairs Committee (ECON) adopted its position on the Payment Services Regulation (PSR), which introduces new rules for providers of payment and electronic money services.   The Computer & C...

The Lending Standards Board (LSB) has published the outcomes of its review of the Standards of Lending Practice for business customers (‘the business Standards’), identifying new opportunities to strengthen customer protections with practical guidance for ban...

NatWest has become the first UK bank to be named as a supplier on the Crown Commercial Service’s (CCS) new Dynamic Purchasing System (DPS) for Open Banking services. This DPS will be accessible by all public sector entities in the UK including central g...

Partisia Blockchain and the University of Applied Sciences and Arts Western Switzerland (HES-SO Valais-Wallis) are poised to transform the management of digital identities for Swiss citizens.   This partnership aims to develop a decentralised...

Over the last few years, open banking has emerged as a game-changer for payment technology. By opening up transactional data, open banking has revolutionised how UK consumers and businesses access banking and financial services, enabling far more scope for...

Gartner predicts IT spending in Europe will reach US$1.1 trillion in 2024, fuelled by investments in cloud security and Infrastructure as a Service (IaaS). This marks a significant increase in IT services expenditure across Europe.  The firm forecasts...

Revolut, the global financial super app with over 35 million customers worldwide, has announced that its customers have raised over £1 million to support refugees around the world through UK for UNHCR, the UN Refugee Agency’s national partner for the UK...

Protecht, a leader in risk and resilience software, has announced the findings of its UK 2024 Financial Services Risk and Resilience Outlook research. The comprehensive survey, conducted amongst 400 key UK financial organisations, reveals an industry...

Following the NatWest and Nigel Farage scandal, banks are still coming under increased scrutiny. The Treasury wrote to the ombudsman in September asking it to provide the complaints data showing a monthly rate of more than 268 complaints per month, made up of 1,351...

 We hear from Toni-Louise Gianatti, Head of PR and Content at Soter Analytics, on how the insurance game is changing through injury prevention technology.  The days of being reactive are in the past. Waiting for an incident to occur before redesigning w...

FinTech startups are revolutionising the financial landscape by leveraging technology to challenge traditional banking and financial service providers. Through innovation in areas such as digital payments, lending, wealth management and Blockchain technology,...

The warning comes as the bank has seen a spike in the number of cases, with dozens of customers downloading a dummy app within the last couple of weeks. One of these fake apps is called ‘PDF AI’ which impersonates a genuine app with a similar name.  The...