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Industry news

Revolut to launch in the US

Americans will be required to adhere to the Know Your Customer identity verification rules to be approved for a Revolut account.

Truelayer offers free access to coronavirus helpers

The London startup said technology must “do its part” as Europe remains gripped by the coronavirus Covid-19.

Industry comes together to create COVID-19 income checker for self-employed

11:FS, Credit Kudos, Fronted and Coconut unleash Open Banking as a force for good amid the COVID-19 outbreak.

Temenos and ClearBank form strategic partnership

Temenos and ClearBank form strategic relationship to provide seamless payments in the cloud.

Banks warn of environment of “unprecedented change”

Financial groups pledge to use acquisitions, partnerships and tech innovations to enhance services beyond 2020. Ellie Duncan reports

iwoca launches lending platform as bank branches close

The arrival of OpenLending comes as some traditional lenders are closing their doors on the high street.

Revolut customer base to grow by a third by 2021

Revolut has adopted an aggressive roll out strategy which includes offering a ‘junior’ app for the children’s market.

Monzo dives into business banking

Digital bank Monzo has today launched its business bank accounts in the UK as the battle for business banking space hots up.

Payhawk raises €3 million in seed funding

The company will use the cash to strengthen its presence in the German market, having recently opened an office in Berlin.

Fintechs partner for Middle East lending revolution

Qarar’s algorithms will be used on Aion’s banking platform so banks can offer quicker lending decisions.

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