2019 might prove to be a turning point for challenger banks as they turn towards the next decade with the...
Challenger banks doubled their lending operations to $150bn in 2019 from 2012/13 as they push further into traditional banking lines...
According to a new report from Accenture high street banks face the possibility of losing up to 8 percent of...
CYBG recently made a takeover approach of rival Virgin Money as challenger banks look for solutions in what has become...
China's fintech sector is growing with new technologies and companies developing solutions for payments, loans and online investing; Forbes provides details on the market and discusses challenges; while the market has been conducive to new innovation, tighter regulations could be a factor and a lack of skilled workers could also affect the market's development. Source
Anthony Noto will become SoFi's CEO effective March 1; American Banker outlines the five challenges that Noto will face as he enters his new role; list includes reforming SoFi’s culture, determining when to go public, deciding how to grow, whether to go forward with a bank charter and proving that he has the right background. Source
While speaking at Innovate Finance Chancellor Philip Hammond launched the Fintech Alliance, a new platform to provide access to people,...
I don’t know why we talk about digital transformation when we should be simply talking about transformation. What is happening has nothing to do with technologies, but is driven by technological change.
Bó was announced in November 2019 as RBS’ new digital banking offshoot; now the CEO of Bó Mark Bailie has...
Lawmakers and other government officials are working to make changes to the Paycheck Protection Program; there has been slowing demand...