“There have been many fundamental shifts in the IT space, such as the internet and the ecommerce revolution. This is the biggest one,” warned Dorian Selz, CEO and co-founder of Squirro, at Sibos today. “Leadership in companies needs to be on top of this revolution.”
British savings and investment app Moneybox has secured £70 million in investment, mostly facilitated through a secondary share sale that will nearly double its valuation from two years ago to £550 million.
Banco Santander is taking a leaf out of Simon Cowell's X Factor playbook, creating a band from young hopefuls in a contest promoted on social media platform TikTok.
The Bank Policy Institute and Kentucky Bankers Association have filed a lawsuit against the Consumer Financial Protection Bureau, alleging that the regulatory agency overstepped its authority on the release of new open banking rules
The FCA is interviewing 20 'finfluencers' under caution who may be touting products illegally, extending its crackdown on financial product promotions via social media personalities
Afin Bank, a digital lender created to help people from Africa living and working in the UK, is set to start offering mortgages and savings products after securing the regulatory green light.