The Financial Conduct Authority (FCA) has ruled that UK banks must offer one interest rate for all easy access savings accounts in a bid to save customers a collective £260 million. After 12 months of Read More
Tonik Financial has been given the green light by the Central Bank of the Philippines to launch the country’s first digital bank. Tonik Digital Bank wants to be the firt mobile-only lender on the island Read More
China has drafted rules designed to curb financial risk in the country’s financial leasing sector which currently rests on four trillion yuan ($577.16 billion)-worth of assets, Reuters reports. The rules require leasing firms to reduce Read More
Alessandro Tonchia, co-founder and head of strategy at Finantix, looks back at the financial services industry over the last couple of decades and gives his predictions as we enter a new decade. As we enter Read More
After announcing the release of five digital bank licences last year, the Monetary Authority of Singapore (MAS) has now seen as many as 21 bidders, Reuters reports. At the end of August 2019, the MAS revealed Read More
The Financial Conduct Authority (FCA) and the Bank of England (BoE) have outlined new plans to develop their in-house data and analytics capabilities. The regulators are aiming to improve their data handling capabilities A transformation Read More
TechAnnouncer 2020