Three years since the public consultation, and a year since the £20 was revealed to be the next note to have a makeover, 13th September marks the day that the new £5 polymer bank note enters into circulation.
Signifyd, the company that provides fraud protection for e-commerce businesses, has raised $19m in a funding round with investors including American Express Ventures, Menlo Ventures and Triple Point Capital.
HSBC's business clients will now be allowed to open bank accounts using facial recognition technology, as part of the bank's strategy to speed up the application process.
New data from Worldpay, which surveyed 4,000 shoppers in Europe, shows the continent is becoming more tech-savvy and a keen adopter of new payment technology.
The US shift to the EMV standard is making progress, according to MasterCard, which said that 80% of its consumer credit cards now contain chips. This marks an 88% increase in adoption since the October 1st 2015 shift deadline.
Haunted by the mistakes of 2008, financial regulators decided to introduce more stringent regulations to lessen the likelihood of a double-dip recession. But this is now leading to growing concerns and begging the question – is regulation stifling innovation within the financial services industry?
It's a good time to be a challenger bank as Mondo, a digital-only bank, has received a banking licence to add further competition to the market that already includes Atom, Tandem and Starling.
Standard Chartered has committed to rolling out biometric technology across Asia, Africa and the Middle East, which would allow clients to access their bank account balances, cards and investments using their unique fingerprint or voice as identifiers.
In this blog post, Michael Grillo, director, Marketing Line Leader, Merchant Solutions at ACI Worldwide, talks about the impact of fraud on a consumer and what it means for their relationship with their bank, and highlights that the fight against it requires a collective effort.
Barclays is letting its customers forget their passwords and find their voice with the introduction of vocal recognition technology that will authenticate their identity.
