Tag: Retail Banking
The FCA’s Consumer Duty clamps down on unfair savings rates
The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...
Vanquis Banking Group buys UK smart money app Snoop
Vanquis Banking Group has acquired UK fintech Snoop, a money-saving app leveraging AI and open banking technology, allowing users to track spending habits and...
UK challenger Monument names Fiona Pollard as new chair
Monument Bank, a UK-based digital bank for mass affluent customers, appoints Fiona Pollard as its new chair, succeeding Niall Booker who stepped down last...
ICYMI fintech funding round-up: Giraffe, eflow Global, Galaxy Ventures & more
FinTech Futures presents its weekly fintech funding round-up, featuring recent funding announcements in the industry.
FactsGiraffe, an impact investing platform for employees, secures $10.5...
NatWest chief exec Alison Rose steps down with immediate effect
Alison Rose steps down as the group chief executive of NatWest Group after discussing Nigel Farage's relationship with the bank with a journalist, admitting...
Banco Santander, BBVA and CaixaBank team up to tackle fraud with FrauDfense
Three Spanish banking giants, Banco Santander, BBVA, and CaixaBank, have united to combat financial fraud by establishing FrauDfense, a joint venture focused on sharing...