New independent data for FICO, a global leader in analytics software, reveals that despite universal consumer advice that one password for all financial accounts is equivalent to leaving the front door open, only 40 percent of Brits have separate passwords for each of their financial accounts. Nearly one in five Brits write down all their passwords, another security no-no. On a brighter note, there is wide acceptance of advanced security options such as biometric data to protect financial accounts.

Ziglu, the challenger and cryptocurrency platform, has launched after completing a successful pilot phase; customers can now download its app from the Apple App Store, an Android version will follow soon. 

Ziglu was founded by Mark Hipperson, best known as the co-founder and CTO of the pioneering challenger, Starling Bank. Hipperson has successfully built the business based on the premise that customers deserve a smart, accessible and fair way to access crypto and fiat currencies. 

Wirecard, the global innovation leader for digital financial technology, is collaborating with Bulgarian Fintech Payhawk to launch a new Visa corporate card to provide companies with an easy solution to manage corporate expenses. Payhawk will benefit from Wirecard’s tailor-made corporate expense card solution including end-to-end card infrastructure as well as Wirecard’s expertise in the payment industry.

NatWest is developing behavioural biometrics technology which could replace banking passwords.

Next year, an additional form of authentication will be required for some transactions when Strong Customer Authentication comes into force. However, the technology, which has been customised in partnership with Visa for the purpose of increased transaction security, could replace passwords and helps to make payments more secure.

Allica Bank, the business bank with a focus on empowering small and medium sized businesses to succeed, has today formally announced the appointment of Richard Cameron as Head of Asset Finance.  

In his role, Richard is leading on the delivery of a fully integrated Asset Finance proposition that is transparent, easy to access and enables businesses to secure the finance they need to realise their ambitions.