Across the British financial services ecosystem there seems to be one word dominating conversations at the moment – fraud. The risks of fraud and how to prevent it have become the subject…
Tag: banks
Swiss banks embrace the future with instant payments launch
Image courtesy of kavalenkava via Shutterstock.com The Swiss National Bank (SNB) has announced the launch of instant payments, enabling Swiss consumers to transfer money within seconds. Following the 20 August launch, around…
Challenger banks winning battle for customer hearts and minds
Credit: Ascannio / Shutterstock The UK’s competitions watchdog has revealed that challenger banks are offering the best customer experience, with a familiar name also getting the best feedback from business users. Each…
Paymix Pro: providing a true alternative to traditional banks for igaming brands
Image: Paymix Pro It is well known that payments make the igaming industry go round, and having robust and reliable technology that facilitates fast and secure payments is essential for success in…
Temenos’ Mick Fennell: How cloud technology delivers more value to banks
Editorial credit: Thx4Stock team / Shutterstock.com Scaling and expanding operations is never an easy task, and for firms in today’s payments landscape various challenges present themselves. A significant obstacle is outdated technology,…
UK competition watchdog takes aim at four major banks
Credit: T. Schneider / Shutterstock The Competition and Marketings Authority (CMA) has lambasted HSBC, Lloyds, TSB and Allied Irish Bank (AIB), with one bank failing to update its list of open and…
FCA maps out plan for banks to guarantee cash access
Credit: Traceyaphotos2 / Shutterstock Like other developed nations, the UK is moving closer and closer to a cashless society – but this is not an entirely smooth process, as a recent outage…
Italian banks perform first €25m Polygon digital asset bond
credit: Shutterstock Following the confirmation of new digital asset rules in Italy, two state-owned banks have performed the first digital bond using the Ethereum-backed Polygon. The €25m digital Polygon bond was performed…
Over 112,000 employed in AI roles by leading banks
Credit: Golden Dayz / Shutterstock The global banking sector continues to step up its recruitment efforts for Artificial Intelligence roles as the technology’s prominence continues to grow. Various financial institutions on both…
Lynx: The role of banks in combating romance scams
Greg Hancell, Head of Product Fraud at AI-based security firm Lynx, explains why there is an emergence of romance scams plaguing the industry, the impact it is having and how financial institutions…