Lloyd’s Banking Group and Virgin Money recently banned customers from using their credit cards to buy cryptocurrencies; customers will still be able to use their debit cards to buy cryptocurrencies but for fear they could go into debt they do not want credit cards being used; other card issuers like Barclays and Mastercard say they are reviewing the crypto space but no decisions have been made. Source.
We’ve seen many banks who have launched their own fintech offerings; NatWest with Mettle and Bo is one example and...
Artificial intelligence (AI) is everywhere these days as more companies look to automate repetitive tasks to save money and reallocate...
The UK'S HM Treasury has announced regulations for the BNPL sector in response to controversy. Klarna UK Head, Alex Marsh, responds.
Digital wealth management fintech Robinhood has made the news for all the wrong reasons lately as they have been suffering...
UK bank Barclays has launched a new service for its small and medium-sized business customers; it will now offer the business customers mobile credit applications for loans and overdraft products; loan approvals and funding can be received in an hour. Source
Chris Skinner writes about the state of small business financing today and how alternative lenders are getting serious traction; companies...
A blockchain trial has been completed with leading UK banks Barclays and RBS along with R3-affiliated Instant Property Network (IPN); the...
Apple announced more details about their card partnership with Goldman Sachs yesterday and the news provided a number of interesting...
During a panel discussion at LendIt Europe in London representatives from leading incumbent lenders Lloyds Banking Group (LBG), ING, BBVA, HSBC, and Barclays discussed the challenges faces in the new digital world; topics discussed include cultural transformation, more power in the customers hands and trying to stay on top of the latest tech trends. Source.