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Starling Bank’s online banking service is the most secure one

According to security researchers commissioned by "Which?" the Starling Bank’s recently-launched online banking service is the most secure among the UK’s 13 leading banks.

HSBC is set to launch rival product to TransferWise

HSBC is taking on the digital Fintech giants like TransferWise and Revolut with the launch of Global Money Account.

HSBC’s overhaul to be delayed over COVID-19

Financial Times reported on Wednesday, that HSBC Holdings PLC's restructuring could be delayed due to the Covid-19 outbreak.

HSBC to close 27 more branches this year!

HSBC is to shut 27 branches this year putting almost 50 jobs at risk. The bank, which announced last week it would cut 35,000 jobs around the world, including “meaningful” reductions in the UK, said it would invest almost £34m in its remaining network of 594 branches, 49 of which are to be refurbished this year.

Revolut => Open banking? Yes in the U.K.

Possibly biggest European banking and money transfer app, Revolut, claims approx. 10 million customers. Now Revolut partnered with open banking API provider TrueLayer to add bank account aggregation features to its app.
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The UK Startup Atoa Payments has raised $2.2 million in a pre-seed funding round

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Only 60% of fintechs are product-led according to a recent survey of 100 fintech product specialists

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INNOVATION IN THE WORLD OF CREDIT CARS

It’s a well-known fact, banks that do digital transformation get more clients. Sella decided to join the number of innovators and launched...