A new report by consultancy group Kearney says a quarter of bank branches in Europe are set to close in...
A new report from Kantar says UK financial institutions could be missing a £130bn ($173) opportunity by not winning over women; they are not targeting women in ads and are missing the potential for a significant boost in savings and investment; the report also shows that 38 percent of women feel in control of their financial future and women retire with a third of the savings compared to men; targeting women can not only help to bring these number up but the study also shows women are more apt to recommend financial services than men. Source.
UK based online real estate lender LendInvest announced a $328mn securitization deal yesterday which is the second in the last...
The P2PFA has announced changes to the standards for its members which will be put in place next April; the new rules, according to Christine Farnish, Independent Chair of the P2PFA are “…built around the principles of transparency, integrity, honesty and competence.” Source
The startup called 2gether is launching a prepaid Visa debit card; the card will allow users to pay with euros...
Financial infrastructure platform Stripe has unveiled a delegated authentication feature that the company said is designed to improve payment conversion...
A new report from Economist Intelligence Unit finds that banks are less fearful of fintech companies and that trends in the market are causing banks' interests to collide with fintechs for greater market partnerships and collaboration; the Economist Intelligence Unit report cites PSD2 as a leading factor for greater banking cooperation with fintechs; the report's Editor Renee Friedman says the research finds that "banks will increasingly have to adapt their culture and digital strategies to their customers' needs if they are to compete, not expect their customers to bend to theirs." Source
HM Treasury has announced a £1.25bn coronavirus package targeted towards businesses driving innovation in the UK; £500 million is earmarked...
Swisscom has released the updated Swiss Fintech Startup Map for December 2021, welcoming 6 new Swiss startups for the month.
Oxbury is a Chester-based challenger bank which looks to smooth out cash flow for farmers; according to James Farrar who...