Research conducted by Bud reveals nearly half of young Brits (45%) will first turn to family members for financial advice over banks, indicating a prevailing disconnect between millennials and their financial services providers. The headline figure was taken from Bud’s multimedia research initiative called Futureproof, which aims to shed light on the complex relationship people have with their money and act as a driver for meaningful and positive change within the financial services industry. The data was gathered in a quantitative study of 2000 young people between the ages of 22-35.

Industry experts laid out their vision for the future of fintech partnerships and what this means for consumers at a breakfast event hosted by Yolt, the smart thinking money app.

Chainalysis, the leading provider of cryptocurrency compliance and investigation solutions, today announced the availability of real-time transaction monitoring for ten cryptocurrencies. The launch of additional cryptocurrencies comes in anticipation of global regulatory guidance that will require automated transaction monitoring for the cryptocurrencies that exchanges and financial institutions support.

Mastercard and BMO Bank of Montreal today announced that BMO will implement Mastercard Send 

Gillette’s much talked about "The Best a Man Can Be" advert shows that even the most established brands can face perception issues in the #MeToo era.

For City traders, who, ironically, were depicted in the original 1989 Gillette advert with images of guys in belt and braces high fiving and back slapping, these issues run deep. Two decades on from the original advert, and perceptions surrounding investment banking have scarce improved. The classic “old boys” club and all the negative connotations that go with it has not gone away.

Digital transformation has ushered in a new era of innovation-fuelled growth that is revolutionising the way businesses interact with their customers. In doing so, many of these same businesses have become unwitting victims of their own success and are attracting a new breed of fraudsters. These fraudsters are increasingly agile, operating across borders and using sophisticated tools and techniques to stay hidden in an attempt to trick risk teams.

Chooch.AI,  an artificial intelligence training platform for visual recognition, has raised a $2.8 million seed round led by venture capital firm

SWIFT is pleased to announce today the appointment of Javier Pérez-Tasso as its new Chief Executive Officer. A member of the SWIFT Executive team for the past seven years, Pérez-Tasso currently serves as Chief Executive Americas & UK region. He will take up his appointment on 1 July 2019 in place of Gottfried Leibbrandt who announced his intention to step down from the post at the end of June in December 2018.

The appointment follows a comprehensive internal and external search conducted by the Board’s Human Resources Committee, advised by a professional search firm.

Marqeta, the creator of an advanced payments infrastructure and open-API platform defining a new standard for modern card issuing, announced today it has signed its first four European customers: digital banks Morning and YAPEAL, as well as  point-of-sale lender Aplazame and mobile payments platform Auka -- following its launch in-market in October of last year. 

The first biometric fingerprint card issued by a UK bank enters circulation today. As part of a national trial NatWest is piloting cutting edge, biometric fingerprint technology with 200 customers.

Customers can now use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier for customers when paying for goods or services at the tills as no PIN is required. As well as retaining contactless functionality, the fully integrated card can be used as normal in ATMs, the post office and for digital banking.