Long before PSD2 arrived ( the European regulation that requires #banks to open their platforms to fintechs), the U.K. had already established itself as a hub in Europe for #digital banks like Revolut, Monzo etc. And indeed, these digital banks are growing in popularity, at least when it comes to people knowing they exist. A […]
Bank Innovation
EXCLUSIVE— With P2D2 and other regulatory initiatives mandating the sharing of customer data, #open #banking is slowly becoming a reality in the United Kingdom and other European countries. Other areas like the United States, however, have not been quite so prolific, a fact that might actually make UK fintechs more appealing to customers if those […]
Bank Innovation
Consumers can now use their #Google credentials to make online and mobile payments via a stored credit card. The tech giant unveiled the tool yesterday, during its annual I/O developer conference in Mountain View, Calif. The service will act much #like a regular mobile wallet — of which there are an abundance &8212; with users to soon start […]
Bank Innovation
Optimism among U.S. #investors is at its highest point since 2000, but #most #would still place any money from a (unlikely) tax cut #right #into the bank. While the majority of investors aren’t expecting a slash to their taxes, 47% of them would put the additional money towards improving their financial health, and only 8% […]
Bank Innovation
It’s not news that data privacy is a top priority for consumers when it comes to #financial. In fact, it is so high on their priority list, that 28% said they #would #give up #wine forever if that would guarantee #protection of their financial #information. Furthermore, 37% of respondents would shut down social media accounts, and 31% […]
Bank Innovation
An economic development bill in #Vermont includes language that makes #blockchain data a form of #admissible #court evidence.
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