Neobanks – The neo-target for fraud?
Tuesday 22 February 2022
Dealing with cybercriminals and hackers is nothing new for banks. From identity theft to account takeovers, to phishing, evolving threats continually test even the strongest security defences. Fraud is an ever-present threat for any financial institutions, but do neobanks and challengers face unique challenges? Over time traditional banks have formalised their security processes and built
Digital identity in financial services: The fintech effect
Tuesday 23 November 2021
Traditional banks have faced challenges in moving to the forefront of embracing digital identity. Without legacy systems slowing down innovation and delaying the implementation of new tools, fintech challengers and neo-banks have been able to offer powerful ways to authenticate customers. As Manuela Sedvartaite, Innovation Manager at Santander, explains, “As a large corporation bank, we
- Published in Content
Building Societies: Challengers in our midst
Wednesday 03 July 2019
While the UK banking community debates the competitiveness and viability of new FinTech entrants, challenger banks and innovative, customer-focused product offerings – real disruption to the industry may emerge from an established and long-standing group – Building Societies. While the FinTech revolution evolves and matures, the overarching aim is to deliver better outcomes to end
- Published in Embedded Finance, Fintech, Innovation, Partnership, Start-ups, Uncategorized
Do large financial services companies and fintech disruptors need to partner up to survive?
Friday 01 June 2018
Despite having a substantial pool of resources to draw on, many of the big financial organisations have been slow to adapt to new technology. We speak to Matt Bunn, partner & co-founder of Capita Scaling Partner on how financial institutions can get ahead of the game by partnering with innovative fintech start-ups. ‘Fintech in the
- Published in Fintech, Innovation, Start-ups