HSBC rolls out multi-currency digital wallets to compete with its rivals
HSBC is all set to launch its very own digital multi-currency wallet which will make international payments hassle-free and secure...
Tag : UK banks
UK banks develop positive attitude toward open banking adoption
An international study found that many believe the technology to be important to their businesses in the post-pandemic recovery...
JP Morgan seeks to launch its first digital bank in 2021
The bank has reportedly signed a deal with Amazon Web Services for its cloud requirements and 10x Future Technologies for its digital infrastructure...
Monzo reports post-tax loss of £113.8 mn; operations affected by pandemic
The neobank’s investments in US expansion, hiring and marketing have impacted its performance growth...
Goldman Sachs temporarily closes Marcus for new UK customers
Since the start of the pandemic, deposits worth $5.1 billion flooded the account, with Marcus now holding an approximate total of $27 billion...
UK banks demonstrate financial strength to cope with Covid-19: BOE
The central bank observed that the UK is facing its harshest recession in 300 years...
Do high-street banks have to fear the rise of neobanks?
A dozen neobanks are broadening the competitive digital banking playing field in the UK with fintech experimentation and evolved customer experience...
The Access Bank UK Ltd: Winner of International Finance Awards 2019
The Access Bank UK is doing outstanding work in boosting trade between UK, Africa and the MENA region through its award-winning trade finance services...
Standard Chartered invests in Singapore blockchain platform Contour
Contour aims at digitalising the letter of credit process...