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Latest finance publications


IBM’s global blockchain payment network goes live

The blockchain-based network will settle cross-border payments using Stellar Lumens (XLM) and the US dollar stable coin IBM has announced that its global payments network IBM Blockchain World Wire is now in limited production. The announcement was made at financial services and FinTech conference Money20/20 Asia. IBM Blockchain World Wire is a real-time global payments… Read More


NatWest piloting biometric card payments with 200 customers

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


It’s no surprise that some legacy banks are neglecting back-office IT, says ECS Cloud Chief
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

Revolut shores up cyber defences with new hacking unit

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


Why are financial firms neglecting back office IT?

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



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