The UK banking sector is famously dominated by the Big Four banks: HSBC, Lloyds Banking Group, NatWest Group, and Barclays. These financial behemoths collectively control an astounding 75% of the market share in current accounts, giving them significant leverage over the market. Yet, despite their
Recent interest rate cuts have sparked discussions across various sectors, with a keen focus on how these changes impact FinTech companies and consumer debt levels. On one hand, venture capitalists invested in lending FinTechs are optimistic. On the other, consumers are hoping for relief from
In the constantly evolving landscape of fintech, cybersecurity remains a paramount concern. With financial institutions frequently targeted by sophisticated cyber-attacks, the appointment of key security leaders has become more critical than ever. This trend is exemplified by Endor Labs' recent
The financial landscape in Africa and the Middle East is witnessing a significant transformation. Alternative lending, characterized by flexible financing and fintech innovations, is emerging as a critical component of this change. In regions traditionally dominated by conventional banking,
ConnectID, a leading digital identity verification platform, has announced an exciting expansion to include Lendela, a fintech company that specializes in loan matching. This partnership aims to enhance data security and streamline the loan application process in both Australia and Singapore,
Personal finance has undergone tremendous evolution in recent years, thanks primarily to innovations in financial technology (fintech). Among these innovations, EMI calculators and tax calculators stand out as game-changers. These digital tools have drastically simplified the way individuals manage
