Four in 10 businesses are planning to change their banking provider due to the slow support that has been offered during the COVID-19 outbreak. This is according to official research commissioned by Encompass Corporation, the […]
Countingup, the business current account that automates your accounting, has received the backing of leading fintech investors. The London-based startup has raised £4m in a bridge round of financing led by ING Ventures with co-investment […]
New research from Nucoro, the London based fintech company focused on delivering innovative investment and savings solutions, reveals that between 14th March and 14th April, because of the Coronavirus lockdown, around 12% of the adult population in […]
There was some good news from the Chancellor yesterday for small businesses, with business rates, SSP and a freeze on Insurance Premium Tax. On the downside, the rise in minimum wage rates will be hard […]
In one month’s time, the UK will reach the Financial Conduct Authority’s (FCA) six-month delayed deadline for the implementation of PSD2, and Strong Customer Authentication (SCA) will finally be enforced for online banking. Strong Customer […]
By Miles, the UK’s first pay-by-mile car insurance provider, announced that it has become the first UK insurtech to be directly authorised by the Financial Conduct Authority under Open Banking regulations. With this permission, the […]
What does 2020 hold for the wider world of financial services? Some thoughts here from Jayakumar Venkataraman, Partner, Banking, Financial Services and Insurance, Infosys Consulting 2020, the year of the Ecosystem Approach and the API […]
The clear majority of fintech customers would be happy to use a traditional bank (66%) or insurer (61%) that offered similar propositions and pricing as neobank and insurtech rivals. This is according to a European survey […]
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