OakNorth’s UK bank has approved £600m in loans since March
Some £220 million of the £600 million came from government schemes.
Coronavirus/COVID-19
Banks adapting to post-COVID-19 world overlook power of data
Banks can use data to stand out from the competition and fortify their position.
Holvi becomes next UK casualty, exits just six months after launch
The Finnish start-up says its departure is down to both COVID-19 and Brexit.
US Bank commits $1.15m to Black-led partners to “close racial gaps”
Some 15 partners will receive grants from $50,000 to $100,000.
Five predictions for the future of payments
From moving away from cash to points of sale and self-checkout on mobile.
Responsible subprime auto lending through AI
This math is at the root of a very basic truth: opportunity is not distributed equally in America.
Money20/20 finally calls off Europe and US shows
It specifically cites the friction with regards to travel and COVID-19 developments.
London’s start-up co-working space TechHub goes bust
Founder Elizabeth Varley puts the business’ collapse down to COVID-19.
Iwoca calls on banks and UK government to extend CBILS
The fintech has raised £100m in debt financing to extend its own support.
Timing is everything: launching a bank amid COVID-19
“We never planned to launch a bank during a global pandemic,” says the CEO of Monument.
Monzo’s losses widen due to COVID-19
Bank admits that the pandemic casts “significant doubt” on its ability to continue operations.
What the Fintech? Episode 10 | Diversity & inclusion: AI bias
Theodora Lau, founder of Unconventional Ventures provides her take on artificial intelligence.
11:FS makes second round of cuts, this time to 11:FS Foundry
Leda Glyptis will no longer be the Foundry’s CEO.
Can behavioural banking drive financial literacy and inclusion?
How are banks prepared to promote financial literacy for millennials and especially Gen Z?
Exclusive: Money20/20 Europe sponsors join forces to assess Amsterdam event options
Money20/20 Europe assures the physical event in Amsterdam is safe and ready to go ahead.
CCAF, World Bank and World Economic Forum call on industry to take part in COVID-19 fintech study
Working in fintech? Take part in the survey and share your views!
Singapore FinTech Association launches new innovation lab
The Nexia InnoLab will connect start-ups with local businesses.
Third wave of COVID-19 forces Hong Kong banks to close branches
11 lenders will partially or completely shut down operations at some 58 branches.
UK challenger The Reserve postpones launch due to COVID-19
The Reserve is built green “from inception”.
A search for calmer waters
Businesses across all industry sectors will face three stages over the coming months.
UK government launches review to boost fintech sector
The review intends to establish priority areas for industry, policy makers, and regulators.
The roaring 20s: when the asset manager becomes a data manager
Failure to adapt won’t just impact your existing client base’s investments.
Study finds discrimination against Black small business loan applicants
Of the groups studied, Black women received worse treatment in 59% of cases.
FCA and City of London to create COVID-19 inspired digital sandbox
The sandbox will be for both start-ups and “large financial institutions”.
COVID-19 analytics: the lesson for those involved in policy management
Modern data-enabled systems and processes are the key to staying competitive.
Webinar: Streamlining manual processes amid COVID-19
Experts from Banco Santander, Foxit Software and Xendoo discuss digitising paperwork during the coronavirus crisis.
Your LP is your customer, that’s important to understand
Customers want fund managers to do the work for them.
What the Fintech? Episode 9 | Open banking: entering the mainstream
Coconut CEO, Sam O’Connor, shares his insight on the Plaid and Finicity acquisitions.
Taking stock of China’s COVID-19 payments processes
If you think COVID-19 has largely been a boon to real-time payment in China, think again.
Five ways it pays to go beyond ID-only verification
Identity verification serves many benefits to organisations seeking to build trust in their online channels.
Why remote onboarding is going to make or break banks
A number of onboarding steps can be automated, streamlined and simplified to deliver a better customer experience.
Real-time payments: driving future innovation in the US
The maturing RTP infrastructure is a catalyst for wider payments transformation initiatives.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
HSBC glitch sends coronavirus bounce back loans in error
UK bank has processed £4.5bn in loans so far in 2020.
Tide freezes lending after funding falls through
The fintech said the BBLS “doesn’t meet the requirements” of prospective investors.
The pretence of invincibility
Everything we do in business is in pursuit of relevance.
LIBOR transition: everything you need to know
How NIIT Technologies is supporting businesses grappling with LIBOR transition.
MFMi Group picks Mambu to power new suite of Islamic products
The Malaysian firm aims to help underbanked in the wake of COVID-19.
How open is open banking?
If open banking was to deliver on its promise, the opportunity for growth would be enormous.
How to prevent your cloud finances from sinking you during economic turbulence
Practical steps to establish and maintain a successful cloud financial management (CFM) strategy.
