Latest finance publications

The bank said it is piloting biometric fingerprint technology with 200 customers, potentially signalling the end of Chip & Pin NatWest customers will be able to verify card payments using the touch of a finger in a trial taking place in the coming weeks. The bank said it is piloting a “cutting edge” biometric fingerprint bank… Read More

Cloud is enabling retail banks to pursue a fertile innovation agenda, but they may be too preoccupied with time-to-market and customer retention at the expense of backend and back-office systems, says Allan Brearley Despite initial hesitancy over the regulatory and security risks, most retail banks are now one way or another onboard with cloud. Over the... Read More

The fintech start-up is looking to hire a team that will hack into its IT system and search the dark web for potential threats Revolut is recruiting a team of hackers to strengthen its cyber defences as the bank continues its rapid growth. The start-up fintech firm is looking to recruit five computer experts that… Read More

Prioritisation of customer experience is leaving financial firms exposed to systems failures and data breaches Glorious mobile experiences provided by challenger banks such as Monzo have redefined customer expectations and put pressure on incumbent financial firms to improve their outward facing tech. But spending by financial services firms on customer-friendly interfaces is coming at the expense of… Read More

A patent filed this week by Bank of America describes a blockchain-powered ATM network which could provide users with secure, high-speed transactions based on a distributed ledger system The Bank of America blockchain ATM would create a data transport network with full encryption and security, with cloud integrations and scalable hosting of web services and… Read More