German Commerzbank ditches plan to sell Polish mBank
The German key player Commerzbank announced that it would not sell its Polish subsidiary mBank after all, citing poor market conditions.
How Parents Can Talk About Difficult Financial Situations with Their Children
With COVID-19 rocking economies across the globe, many families are feeling the financial impact. Whether families are having to deal with unemployment or simply having to reduce household expenses, the financial impact of COVID-19 has become the elephant in the room.
The UK fintech sector steps up in the battle against COVID-19
UK peer-to-peer lending giant Zopa was conceived in 2005, but it’s fair to say that the bulk of the fintech wave appeared from 2010 onwards – after the financial crisis.
The end of the skyscraper era? Barclays CEO says ‘putting 7,000 people in a building may be thing of the past’
Barclays CEO Jes Staley claims that the COVID-19 pandemic could permanently change how banks and their employees do business in the future.
FIS ventures will invest $150m in fintech startups
FIS Ventures is a venture capital arm of financial technology firm FIS and it has set a target to invest $150 million in promising fintech startups.
NatWest announces Jen Tippin to be the new Chief Transformation Officer
NatWest Group is a parent toRoyal Bank of Scotland and it has attracted Jen Tippin from Lloyds Banking Group to join in the new role of chief transformation officer.
What are the long-term effects of Covid 19 pandemic for UK Fintech firms?
In the blink of an eye, the working world has embraced Zoom, Microsoft Teams and other collaborative tools so they can keep working from home. This change in behaviour has opened many eyes and is likely to have a lasting impact on how banking — and business — is conducted as the global pandemic recedes.
Are central banks going to finally create a digital alternative to cash?
According to a report from research and campaign group Positive Money, central banks should issue a digital version of cash to prevent the ‘privatization’ of money.
World Fintech Report 2020 – Banks have to transform into “Inventive banks”
Capgemini and Efma published World FinTech Report 2020 revealing traditional banks have an opportunity to thrive in today’s market by embracing Open X and becoming Inventive Banks.
The Race for Central Bank Digital Currencies (CBDC). Coronavirus the Catalyst to Digital Cash
Among the Covid-19 epidemic, cash is seemingly becoming less utilised, while most social locations are closed as lockdown laws are enforced across...
UK government launches £1.25bn plan to help start-ups
The Chancellor has announced support worth £1.25bn for UK start-ups and businesses driving research and development in some of the most dynamic sectors of the UK economy – ranging from tech to life sciences.
Lloyds Banking Group teams up with organizations to help the most vulnerable
Lloyds Banking Group now works together with We Are Digital, The Silver Line and Mental Health UK to offer practical and emotional support for the most vulnerable in society during the coronavirus crisis.
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“Tally is a neobank, that‘s addressing the real issue with banking,” claims Cameron Parry from Tally in an interview
Cameron Parry, Tally's CEO and co-founder explained to Everly.eu in an exclusive interview what is Tally all about and why he is upset with the current state of the banking system.
Fintech and alternative lenders stand up for vulnerable SMEs
Frustrated with overwhelmed banks and what seems to be an oblivious government, some of fintech’s leading players are coming together. They’re here to stand up for Britain’s SMEs and self-employed workers – and they’re not backing down.
Danish challenger Lunar teams up with Astralis
Astralis Group has signed a three-year deal with Nordic mobile-based banking app Lunar. This deal includes a branded VISA payment card, interviews, and behind-the-scenes content.
GoHenry launches the first biodegradable debit card for children
GoHenry is a UK-based fintech focusing on pre-paid card and app for kids (with parental controls). It has just launched its biodegradable card for eco-conscious children.
