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FCA review shows evidence of growing competition to Big 4 in retail banking
In an update to its 2018 strategic review of retail banking, the FCA found that, while still strong, there are signs large banks’ historic advantages are starting to weaken, driven... read more
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The Bank of London launches to tackle UK clearing market inefficiencies
The Bank of London, set up to approve and process payments in the UK clearing market, will launch for only the second time in 250 years as it aims to... read more
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Challenger Vs Incumbent – The great savings account battle?
New research suggests that the UK’s largest retail banking brands’ ascendency in the savings account market could be under threat. According to the report by Deposit Solutions, a fifth (20%)... more
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The future of KYC? What’s so cool about KY3P
A group of 12 regional and digital financial institutions have joined together as investors and members in KY3P, for managing third-party risk and optimising the processes by which financial institutions... more
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Barclays launch Apple Pay in UK
Barclaycard and Barclays customers can now use Apple Pay to pay at the hundreds of thousands of locations across the UK that accept contactless payments. The introduction of Apple Pay for Barclaycard and Barclays customers gives millions more UK consumers the ability to conveniently make payments using iPhone, Apple Watch and iPad at over 400,000 contactless [...]
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