UK Bank Account Fraud Soars During First Half of 2021
- 2 years 7 months ago
- Banking, Cybersecurity
Fraudsters targeting general accounts to facilitate criminal behaviour New technologies such as Machine Learning helping businesses identify more fraud New research from Experian has revealed that bank account fraud is now tracking at its highest level for more than three years. Drawing on the latest data from the National Hunter Fraud Prevention Service, the analysis uncovered an alarming surge in fraudulent activity targeting British... more
Atom Bank’s Annual Report Shows Strong Progress Since March 2020, With the Bank Moving Towards Sustainable Profitability
- 2 years 7 months ago
- Banking
Significant development in Net interest margin with March 2021 run rate at 114bps (March 2020: 10bps). This momentum has continued post year end with NIM of 130bps in June 2021 Credit risk performance remained strong despite the impact of Covid Losses narrowed to an underlying operating loss of £36m with strong momentum to monthly break even during 2022, with a first month of operating profit recorded in June 2021
Squirro Launches AI Week 2021 Including Executive Masterclasses for FS Leaders to Get More From AI
- 2 years 7 months ago
- Artificial Intelligence, Banking
AI Week takes place from October-5 to October-8, featuring industry leaders showcasing best practices in AI implementation and a series of hands-on workshops and success cases
Dreams, the Swedish Fintech Using Gamification and Behavioural Science to Help Banks Engage New Audiences and Enhance the Digital User Experience of Their Customers
- 2 years 7 months ago
- Banking
Dreams is a provider of behavioural and engagement banking solutions, which is powered by cognitive science, and helps some of the world’s largest financial institutions engage critical new target audiences and increase loyalty, by boosting their customers’ financial health and empowering them to save and feel better about their money.
Total Expert and 6 Solutions Announce Integration to Accelerate Broker and Loan Officer Recruitment
Wholesale and retail lenders leverage 6 Solutions data within Total Expert to improve broker and loan officer recruitment and engagement strategies
TruMark Financial® Credit Union Partners with NCR Corporation to Support Digital Transformation
NCR Corporation, a global enterprise technology provider, today announced that $2.7-billion asset TruMark Financial Credit Union has selected NCR to provide a more seamless, consistent digital banking experience to its retail and business members.
Bespoke Financial Fuels Ongoing Growth and Expansion of Leading, Large-scale California Cultivator
- 2 years 7 months ago
- Banking
$3.5 million line of credit provides flexibility for LadyBug Farms to meet customer demand, expand greenhouse facilities and manage working capital constraints
More than half of European P2P Investors Include Cryptocurrency in their Portfolio
- 2 years 7 months ago
- Cryptocurrencies, Banking
A recent survey conducted by analysts of the investment platform Robo.cash shows that 65,8% of European investors have crypto assets in their portfolios. Digital currency ranks third in popularity among other assets, after P2P investments and stocks.
CFTE’s Global Fintech Internship Experience 2021 is Here to Give Every Student the Internship Opportunity they Deserve
- 2 years 7 months ago
- Banking
26.1% lost their work placement/internship, 29.2% lost their job, 28.2% had their job offer deferred or cancelled. These were the figures of a survey among graduating students conducted by Prospects to analyse the effects of COVID-19 on graduate recruitment.
Hamilton Reserve Bank Completes Temenos End-to-End Digital Transformation
- 2 years 7 months ago
- Banking, Core Banking, Cloud
Hamilton Reserve Bank implements Temenos technology to add one million new customers Hamilton Reserve Bank chose Temenos’ cloud-native core banking, payments, and digital banking technology to accelerate growth, automation, elastically scale and enhance efficiency
Visa and Ascenda Partner on Next-gen Loyalty and Rewards in Asia Pacific
As consumer expectations around their rewards evolve, Visa and Ascenda will offer banks and fintechs a new solution to get loyalty programs up and running in a fraction of the typical lead time
What to Know Before Refinansiering (Refinancing) Your Loans and Debts
- 2 years 7 months ago
- Alternative Finance
Applying for loan packages from financial institutions and lenders at large is not always a bad idea. This is because it can help you execute certain projects and plans right on time. Let us think about getting a new home for instance. Let us say you cannot afford to get a home currently. For some, the option is to wait till they can save up and get the property.
Cooperative Teachers Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform
- 2 years 7 months ago
- Banking
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Cooperative Teachers Credit Union (CTCU) has selected its AI-powered platform, enabling the credit union to make stronger, faster credit decisions and offer enhanced financial options for its members.
NatWest Group and Mastercard Extend Reach of Pay by Bank App to Almost Half of all UK Mobile Banking Customers
- 2 years 7 months ago
- Payments, e-Payments, Banking
Mastercard and NatWest Group today announced a further expansion of their partnership bringing faster, secure online payments with Pay by Bank app (PbBa) to its mobile banking app users across the NatWest Group brands: NatWest, Royal Bank of Scotland, Ulster Bank and Coutts.
