TSB berated for banking blip
Bank says service went down for 30 minutes. Not all agree.
UK
Amazon takes UK insurers on comparison ride
A price comparison site is rumoured to be in the works.
Lendtech trio win £2m prize to create better UK renting realm
Bud, Credit Ladder and RentalStep in step for Rent Recognition Challenge.
UK start-up Betr Lend preps for launch
New online lending and credit card company looking for CTO.
FCA and CMA demand transparency in banking service quality
Asking banks to publish customer ratings.
Intapp acquires DealCloud for CRM quest
Intapp also targeting capital markets sector.
Fintech journalist seeks £1m funding to stay in London
“Everyone else is getting funding. So why not me.”
UK start-up accelerator Buildily powers up for good causes
Will also donate 10% of its fees to micro-lender Lendwithcare.
Moneyhub expands platform with payment initiation services
UK firm secures PISP authorisation from Financial Conduct Authority.
UK watchdog takes legal action over Barclays PPI breach
Barclays failed, for a second time, to send annual reminders to PPI customers.
Wonga raises $13m in new funding
Accel Partners and Balderton Capital pitched in to help UK-based payday lender.
CYBG chooses The ID Co for first open banking solution launch
DirectID platform integrated into B mobile banking app.
UK challenger bank LQID smoothly starts up
To “bridge the gap” between digital and high street challengers.
Starling Bank unveils Banking-as-a-Platform APIs
Think of Airbnb, Uber and Apple. Also think of solarisBank.
From Zopa to bank with new £44m funding
Zopa is moving from P2P lending to banking and savings.
Coinbase gives UK crypto payments pace
Offers same day deposits and withdrawals from crypto accounts to British bank account.
NatWest and RBS card payments crash
Apparently, they ruined somebody’s holiday?
Barclays takes stake in SME lender MarketInvoice
First high street bank to enter into a partnership with the fintech firm.
MarkitSERV to replace Libor in derivatives markets
IHS Markit’s trade processing service enjoys a win.
UK’s Nationwide invests in AI regtech Hazy
The second investment in its £50 million Venturing Fund.
UK regulator wants end to payments conduct unbecoming
FCA wants to improve conduct standards and communications in paytech.
UK payments start-up ApTap readies to bootstrap
Fintech challenger founded by Imperial College London graduates.
UK leads the way with record $16bn fintech investment
KPMG report highlights state of affairs in UK and Europe.
Legal & General invests £3m in lendtech Smartr365
UK Software-as-a-Service company gets a cash boost.
Barclays battered in Current Account Switch Service contest
Latest CASS figures reveal the winners and losers.
MyFirmsApp on best behaviour with messaging app
Staying smart for the UK’s smartphone soft spot.
mBank and Commerzbank prep pan-European challenger
Project Kopernik (Copernicus) will initially target Germany.
City of London Group to acquire Acorn to Oaks for £1.4m
A2O focuses on SME and insurance products.
Yoyo tops 1m user milestone
UK-based mobile payments and loyalty marketing platform on a high.
Monzo challenges Starling with joint account launch
Starling has had a head start.
UK regulator clamps down on crowdfunding
Financial Conduct Authority proposes changes to rules and calls for feedback.
TSB’s April IT crash leads to £107m loss
Results in a loss of customers and increased post-migration costs.
UK – New Zealand: a fintech bridge too far?
How Kiwis and Brits are exploring various ways to participate in each other’s markets.
Starling faces payment and app issues, again
The bank struggled with its payment processor in the past.
Earthport brings in new staff to stop rocky financials
CEO and CFO change as payments company reports increasing losses.
UK bank Secure Trust selects nCino for digital lending ops
Bank will use nCino’s system for real estate financing.
UK payments firm SP Group fights for survival
Jobs will be lost as the company calls in the administrators.
Jabbar unveils digital exchange Kambio Ventures
A blockchain-enabled marketplace for tokenised asset-backed securities.
Fairstone Financial’s lending on fire with Fiserv
LoanServ will consolidate multiple records to decrease response times.
PSR calls for feedback on card acquiring services
Payment Systems Regulator wants a happy UK payments place.
