As usage of contactless cards has trebled,* just under half of consumers (47 per cent) expect, or would prefer, businesses to offer contactless payment for low-value transactions of less than £20, according to new research** from Lloyds Bank Cardnet.
Startupbootcamp FinTech, the leading accelerator focused on financial innovation, has today announced the 10 international startups selected to join the London program.
Lloyds Bank has today launched My Life Insurance; its first online protection service which offers customers life cover up to the value of £500,000.
The UK launch of Apple Pay seems to have caught some of the country's biggest banks by surprise with only Nationwide, NatWest, Royal Bank of Scotland, Ulster Bank and Santander ready on day one.
Black Horse has today launched Black Horse SignIt, a paperless, simple, secure and efficient way to offer motor finance within a few clicks as part of the business’ programme to invest in its point of sale and dealer-support technology.
Lloyds Banking Group is launching a new online tool that will enable customers to shop around for a new current account without affecting their credit file.
Lloyds Bank customers may soon be able to use their contactless debit card as a way of securely authenticating their identity when setting up the mobile banking app on an NFC-enabled device.
Innovate UK has chosen five fintech startups to share a £175,000 prize pot and the opportunity to work with leading banks and government bodies to get their ideas off the ground.
Visa has signed four of the UK's largest banking brands for the full-scale commercial roll out of its V.me digital wallet for online shopping.
Russell Saunders, MD global payments, Lloyds Banking Group, talks about the cost of achieving KYC/KYB, what needs to be done to make a KYC registry possible and the long-term benefits of such initiatives.
© Finextra Research 2015