Historically, IT and tech infrastructure at banks has never been focused on the customer. The design underpinning these labyrinthine networks was centred on the delivery of distinct outputs and functions relating to different financial products. These individual products, whether they be credit cards, current accounts, mortgages or indeed any product relating to family life and responsible adulthood as we know it, were designed to be managed in siloes.
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Russian Railways self-service terminals use advanced Smart Engines technologies to sell tickets for long-distance trains. The integration of the Smart ID Engine software product for passport scanning into terminals simplifies the routine procedure of manually entering passenger personal data and speeds up the ticket sales process.
- Three-quarters rely on traditional VPNs for remote access while a third also use zero trust as part of their remote access strategy
- Over half plan to reduce third party/contractor access to systems due to security risks
Contis, the European leader in Banking-as-a-Service (BaaS), today announced it will be launching variable contactless limits for consumers, driving more flexibility, security, and payments possibilities for everyone.
The Financial Conduct Authority (FCA) has issued new guidance to companies operating a remote or hybrid working model.
The new directive states that firms will be evaluated by us on a case-by-case basis and should be able to prove that the lack of a centralised location or remote working does not or is unlikely to affect the company’s ability to meet the threshold for the for the regulated activities it has or will have permission for.
Bitcoin Latinum, the secure next-generation, insured, asset-backed cryptocurrency with high transaction processing capacity, is announcing a partnership with
Atom bank, the Durham-based fintech, is celebrating hitting £1bn in lending to SMEs.
The milestone, which was reached on 15 October, includes all completions originated through Atom’s own secured lending and also the bank’s ongoing partnership with Funding Circle to provide unsecured loans to UK SMEs.
This latest milestone comes after the UK’s first app-based bank reached several other significant customer and commercial highpoints.
- Employees at Shawbrook Bank select PAPYRUS as their chosen charity for 2021/22
- Shawbrook partners with PAPYRUS at a time when the charity’s lifesaving support is needed more than ever due to Covid-19
- The bank’s initial £10k donation will be boosted by colleague-inspired fundraising and volunteering events throughout the year
Shawbrook Bank has announced its employee chosen charity partner for 2021/22 as PAPYRUS, a charity dedicated to the prevention of young suicide.
The third annual Russian Islamic Economic Forum “Russia – Guarantor of Partnership” is being held in the city of Grozny (Chechen Republic) on 14-15 October. The event has been organized with support from Sberbank and is aimed at promoting business cooperation between Russia and the countries of the Islamic world. The International Association of Islamic Business and KPMG are also co-organizers of the forum.
· 75% of UK consumers find it easier to use contactless payments. · 59% of those surveyed still have concerns about contactless security. · Almost three quarters of those aged 65 and over have turned to contactless payments during the pandemic. · 22% of UK consumers still don’t have a contactless card. |