News

Financial applications

• February 28, 2018 28 Feb'18

  Virgin Money launches digital bank

  Virgin Money is setting up a digital bank to expand into the current account and SME business account markets

• February 26, 2018 26 Feb'18

  NatWest opens four UK fintech hubs

  NatWest has expanded its financial technology support programme at a time when entrepreneurs are more apprehensive than ever

• February 23, 2018 23 Feb'18

  RBS’s first profit in a decade accompanied by major first for mobile channel

  News of its first profit in 10 years might overshadow a major first for the Royal Bank of Scotland’s mobile channel

• February 21, 2018 21 Feb'18

  Lloyds Bank announces three-year digital transformation

  Lloyds Bank has announced plans to transform how it serves customers through substantial digital investment

• February 20, 2018 20 Feb'18

  UK finance regulator collaborates with US counterpart on fintech

  The FCA is working with a US finance regulator to support financial technology companies on both sides of the Atlantic

• February 19, 2018 19 Feb'18

  Lauri Love can stay in UK: prosecutors will not appeal extradition ruling

  Crown Prosecution Service gives undertaking to Lauri Love that it will not appeal against a court decision not to extradite him to the US – but prosecutors are seeking leave to appeal over part of the court ruling on extradition procedure

• February 14, 2018 14 Feb'18

  Technology spend growing at expense of trader salaries

  Investment firms are spending a larger proportion of their budgets on software as data and artificial intelligence technology is seen to provide a competitive advantage

• February 14, 2018 14 Feb'18

  Australia’s national payment system will ease peer-to-peer payments

  New Payments Platform is expected to accelerate the decline of cash and cheques in Australia, as well as simplify invoicing for businesses through overlay services

• February 13, 2018 13 Feb'18

  London joins Citibank IT innovation network

  Citibank has made London home to its latest IT innovation hub, which will focus on applying data science and high performance computing to the business

• February 12, 2018 12 Feb'18

  APAC fintech market set to bloom

  Government support, the rise of digital payments and a new breed of financial services will put the region’s financial technology market in overdrive over the next few years

• February 07, 2018 07 Feb'18

  Stay of execution for RBS branches and free devices for some customers

  RBS is offering free training and devices to some customers in Scotland to help them eventually live without bank branches

• February 06, 2018 06 Feb'18

  Lloyds Bank cuts CIO workforce

  Lloyds Banking Group is changing the skills make-up of its IT team to support demand for digital services

• January 31, 2018 31 Jan'18

  Swedish banks embrace rapidly evolving chatbots

  Artificial intelligence is playing an increasingly important business role for Sweden’s banks – and chatbots are the starting point for many

• January 30, 2018 30 Jan'18

  SAP 2017 results: Cloud revenue nears €3.8bn, 7,900 S/4 Hana customers

  SAP has declared full year 2017 revenue of €23.5bn, of which nearly €2.8bn was cloud, alongside acquisition of Callidus, a cloud-based “lead to money” service

• January 25, 2018 25 Jan'18

  Robots are needed to manage the automation robots

  The next decade will see robots transform from invisible forces obeying our commands to lifelike objects interacting with humans on a daily basis