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Fintech Focus For September 17, 2020
Wednesday, September 16, 2020 - 6:17pm | 2478Read More...Quote Of The Day: It is hard to fail but it is worse never to have tried to succeed. - Theodore Roosevelt Fintech Movers: The global fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up. - Finextra What’s the outlook for crypto brokerages....
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Fintech Focus For September 8, 2020
Monday, September 7, 2020 - 9:28pm | 1856Read More...Quote Of The Day: People love watching fire burn. - Disclosure Fintech Movers: While challengers might not be making a similar profit in comparison to big banks, it must be noted that large institutions are reportedly seeing their revenues slashed as a result of the emergence of neobanks. -...
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Bloomberg Terminal Subscribers Declined For Just The Second Time Ever Last Year
Tuesday, March 28, 2017 - 11:53am | 507Read More...The Bloomberg Terminal, once considered to be the gold standard in financial data services, saw its user base shrink in 2016. According to Finextra, data from Burton-Taylor found the financial data services market rose 3.45 percent in 2016 and reached $27.48 billion. Despite the rise in spending,...
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NatWest's New Feature For Online Banking Customers, Explained
Thursday, February 9, 2017 - 4:22pm | 337Read More...NatWest, a UK-based retail and commercial bank, announced Thursday a new feature for its online banking customers. According to Finextra, NatWest's new feature will let its customers invest as little as £500 ($625) in various investment funds with different levels of risk. Users can...
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Alternative Payments Made Up Over 50% Of Consumer Purchases In The U.K. Last Year
Tuesday, August 2, 2016 - 9:35am | 330Read More...Consumers in Britain have made it clear that cash is not king. According to Finextra, UK consumers opt to reach for their credit cards or other alternative forms of payment in more than 50 percent of all transactions. Back in 2014, the market share of cash payments dipped below the 50 percent mark...
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Move Over Passwords, Barclays Introduces Voice Biometrics For Mobile Banking
Tuesday, August 2, 2016 - 9:14am | 466Read More...Barclays PLC (ADR) (NYSE: BCS) is adopting voice biometrics technology at its call centers, a move that will replace passwords and allow customer authentication once they start talking. According to Barclays, the technology identifies the caller based solely on their voice, which it claims to be a...
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London Fintech Companies See Bleak Outlook Following Brexit
Tuesday, July 5, 2016 - 2:37pm | 296Read More...The Brexit voting outcome has some of London's hottest fintech companies worried, at least according to a report by Finextra. Finextra cited a survey by Innovate Finance, in which 100 companies were asked to give their business outlook post-Brexit vote. One of the highlighted concerns was the...
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SunGard And HSBC's Massive IT Glitches: Why Customers Freaked Out Last Friday
Monday, August 31, 2015 - 2:32pm | 480Read More...Last Friday, two major banks were reported to be experienced big IT problems, affecting thousands of customers. HSBC Leaves Thousands Without Salaries According to a recent Finextra article, a big tech issue surfaced on Friday morning when HSBC customers checking their account balances noticed...
