#challenger-banks

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fromComputerWeekly.com
3 days ago

Monzo's 21m fine highlights banks' cyber security failures | Computer Weekly

The UK's Financial Conduct Authority (FCA) recently determined that, between October 2018 and August 2020, the challenger bank lacked sufficient "anti-financial crime systems and controls" for signing up new customers, assessing any risks they posed and identifying fraudulent transactions.
Privacy professionals
fromBusiness Matters
1 month ago

Banking giants plot takeovers to ramp up market share

Britain's banking sector is poised for a significant consolidation phase, with banks eyeing acquisitions to enhance their scale and competitiveness.
UK news
Apple
fromComputerworld
3 months ago

Battle of the banks: Who will grab the Apple Card?

Apple's strength in software enables it to challenge traditional banks through the Apple Card.
Incumbent banks see Apple Card as a means to attract affluent customers.
fromTearsheet
9 months ago

Is Chase UK fighting off challengers, or is it the other way around? - Tearsheet

UK challenger banks like Revolut, Monzo, and Starling have adapted quickly, capturing the growing demand for digital banking while maintaining strong revenue growth despite competitive pressures.
Miscellaneous
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