/retail banking

News and resources on retail banking, consumer finance and reinventing customer experience in finance.

Sehrish Alikhan

What Gen Z want from UK fintech

Sehrish Alikhan - Reporter, Finextra
Discussion
UK payment firms push back on APP fraud refund plan
A Finextra Member

A Finextra member

  I think you'll find it is Bim Afolami. Also, if the average fraud is 30K, firms are unlikley to be paying out more than that in practice. Given this, the up to 415K limit will be exceptional, so there doesn't appear to be a justification for not keeping it. 
MPs warn against mass government surveillance of bank accounts
Ketharaman Swaminathan

Ketharaman Swaminathan

  This might cross a line but Benefits Fraud has been an intractable problem in UK for far too long for govt to continue to rely on traditional measures like ads on buses and bus shelters.
Climate Scorpion: The Sting is in the Tail - Introducing Planetary Insolvency
Mark Sibthorpe

Mark Sibthorpe

  Good grief! Are these really the people in charge of making decisions related to the future of our planet. 
'Neobank in a box' startup Fintech Farm raises $32 million
Bill Trueman

Bill Trueman

  Most startup banks and payments institutions 'live or die' around and from the regulatory position, compliance and governance. The burdens are there (rightly) to protect the customer (you and me) by making sure that people stting up a FS business do so responsibly, ethically and properly and always within the law.  The regulation, governance and compliance / AML, risk management, capitalisation / liquidity, consumer duty requirements are just the starting-point; and getting regulatory approval always takes more than 12 months......  Let's see what happens and how these hurdles are addressed!
Níamh Curran

What’s happening at Temenos?

Níamh Curran - Senior Reporter - Finextra