Tag: Banking

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Dan Awrey: Legacy banking faces disruption from digital payment demand

Historical banking practices have created a path dependency...

Former City Minister John Glen MP Joins Open Banking Board at Pivotal Moment

Open Banking Limited (OBL), the body responsible for setting open banking standards in the UK, has appointed the Rt Hon John Glen MP as...

Revolut Secures First Banking License Outside Europe as Full Operations Launch in Mexico

Revolut, the global fintech giant, has officially launched full banking operations in Mexico, marking a major milestone as the company establishes its first bank...

Lloyds Banking Group Targets Over £100m Value From ‘Next Gen’ AI in 2026

Lloyds Banking Group expects to derive more than £100million in value from its artificial intelligence initiatives in 2026, doubling the £50million secured during the...

Open Banking Faces Imminent decision on its Next Chapter

Smart Data Group (SDG) has issued a rallying call to the UK’s open banking ecosystem, urging stakeholders to back an independent, industry-led approach for...

ClearBank and Volt Partner to Bring Open Banking Closer to ‘Card Parity’

ClearBank, the technology-enabled clearing bank, has entered into a strategic partnership with real-time money movement platform Volt to power a new generation of merchant...

White House Officials Met with Crypto, Banking Reps to Discuss Stablecoins

Officials in US President Donald Trump’s administration met with representatives from the cryptocurrency and banking industry to discuss how to address stablecoin yield in...