Category: Uncategorized

Extensive Read: Why Personal Finance Education is Important

Financial education has always been thought to be a reserve for investors or anyone in business. In fact, if you go to the streets and capture the reaction of most people if asked to go to a financial education class,...

5 Steps To Prepare Your Bank For AI

Artificial intelligence (AI) might sound like something out of a science fiction novel, but it’s becoming a reality faster than you might think. Owing to recent advancements in big data, computational hardware, and machine learning, artificial intelligence is becoming increasingly...

FinX: The Quiet Revolution in Financial Services

We are in the middle of a revolution. There’s no doubt. It came fast, and many didn’t see it coming, but here we are. The financial services industry is experiencing a tsunami of change – regulatory, political, technology and customer driven demands...

Capita Extends Contract to Provide Mortgage Services to Tesco Bank

Capita has agreed on a contract extension until 2020 to provide mortgage services to Tesco Bank. Since the launch of Tesco Bank Mortgages in 2012 Capita has provided a full mortgage outsourcing service from their Glasgow based office. The service spans...

PwC is Launching a Programme for Fintech And Govtech Businesses

Global consultancy PwC is to launch a programme aimed at linking up high-growth startups with large organisations as part of a UK-wide scaleup initiative. The PwC SCALE programme will see six initiatives launching across the country with bases in London, Edinburgh...

Cash Only at the Checkout? Brits Are Not Happy About it

Today (August 16), new research has revealed UK businesses risk losing one in every two customers when non-cash payments aren’t accepted. The findings come from London’s business technology provider First Data, and reveal that almost half of customers would walk away...

How Will Blockchain Change the Digital Advertising as We Know it?

The tech could solve myriad issues pertaining to ad fraud and non-transparency but would be yet another disruption to an industry still scrambling to achieve digital transformation. Even as digital advertising reaches parity with TV in terms of media spend, space...

Lower Life Expectancy Boosts Legal & General Profit

LONDON (Reuters) – A drop in life expectancy has enabled Legal & General (LGEN.L) to release reserves against mortality risk, it said on Wednesday, driving first-half profits up by an above-forecast 27 percent. The insurer and asset manager’s shares fell over...

Buoyant Bitcoin Stirs Crypto-bubble Fears

LONDON (Reuters) – Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined. The price of a single bitcoin hit an all-time high of above $3,500 this week, dragging up the value...

Extensive Read: Lloyds Bank CEO Weighs in on Brexit And The UK Economy

Lloyds Bank, the largest retail bank in the UK, has been in the headlines for a variety of reasons this year. The bank completed its reprivatization after the UK government sold its remaining shares last May and, at the height of the...