On Friday (26th June), the Financial Conduct Authority (FCA) announced that it was suspending the operations of Wirecard Card Solutions. The ramifications were felt by UK fintechs.
What is Wirecard Card Solutions?
Wirecard Card Solutions (WCS) is a provider of prepaid...
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What is developer-first banking?
When you visit the Weavr website for the first time, you're greeted by an intriguing message; 'welcome to developer-first banking'.
What is 'developer-first banking'? I posed this question to my latest guest on...
Manchester-based, Frost, a fintech startup has said that it plans to launch its new account product in the first half of 2021.
The firm's app, which has already attracted 8,000 user signups is currently going through a beta testing phase.
Speaking...
Digital bank, Monzo has launched its new Monzo Premium account; a new bank account that gives customers phone and travel insurance as well as the brand's first metal card.
In a move that sees the brand joining technology giant, Apple,...
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An interview with Mark Harley, Founder & CEO at Bankifi
Mark Hartley has been working in the financial technology industry (not the FinTech industry, more on that later) since 1991.
"Those were the days when electronic banking...
Revolut, a leading fintech challenger has applied for a UK banking licence. Already the holder of a banking licence in the European Union, the firm now hopes to receive its licence in its home country.
The application will now be...
Spanish banking group, Santander has launched PagoFX, an app that lets customers transfer money abroad.
The new service is delivered via a mobile app that will let UK debit cardholders from any bank send money abroad using real-time exchange rates.
Reuters...
Retail giant, Amazon has announced that it will stop accepting payments from UK-issued Visa credit cards from January in a move against the high cost of accepting payments.
The move, announced via an email to customers this morning (Wednesday 17th...
Mortgage Advice Bureau was the big winner at the eleventh Financial Reporter Awards, picking up three awards in addition to founder and CEO, Peter Brodnicki receiving the outstanding achievement award.
Mortgage Advice Bureau, a mortgage intermediary brand picked up the...
Despite the delay to the UK's easing of lockdown, Fintech Week London, a hybrid event scheduled for 12-16th July will take place with its planned programme of physical and virtual sessions.
Speaking via the event website following the UK government's...
