Asked for his advice as to whether it’s a smart idea to switch from being an IT leader to running your own company, Nassib Chamoun has some advice for potential poachers turned gamekeepers. “If you’re looking for stability, my recommendation is to stay where you are as an employee,” he says. “If you can accept…
Meet the IT leader In Lebanon who became an IT entrepreneur Read More »
The use of open banking services in the UK has increased by a third in the past 12 months as it becomes “part of everyday life”, according to an industry authority. There were over 15 million users of open banking services in July, which was 34% higher than the same month last year, according to…
Fintechs are growing customer bases at a lower rate, but profits and revenues are strong as the industry becomes sustainable, according to a World Economic Forum (WEF) report. In the second edition of The future of global fintech: From rapid expansion to sustainable growth, completed with the Cambridge Centre for Alternative Finance at the University…
Next phase of fintech reflected in strong financials, says World Economic Forum Read More »
West Brom Building Society is embarking on a three-stage project to build the digital capabilities its customers want. The organisation, which offers mortgages and savings products to about 500,000 people, will retain its 34 branches, but said customers are showing a preference for more choice in how they engage with it. The five-year project will…
West Brom Building Society project to meet customers’ digital demands Read More »
Cyber security has long been the concern of CIOs, CISOs, and compliance officers. It was a regulatory obligation for many boardrooms – tick the box, demonstrate due diligence, and move on. That approach is no longer tenable. In today’s threat landscape, cyber is not simply a technical risk – it’s a strategic, enterprise-wide concern with…
Cyber security beyond compliance: Why resilience is the new boardroom imperative Read More »
Financial technology (fintech) companies have a strong security posture but are at risk from third-party weaknesses, according to analysis. In its latest report, SecurityScorecard stated that the fintech sector ranked highest of all sectors studied when it came to security posture, but it found potential third-party weak links could open the door to security breaches.…
Strong fintech security posture at risk via third-party weak links Read More »
Lloyds Banking Group and Nationwide Building Society are set to roll out a generative AI (GenAI) tool that has been specifically designed for the UK finance sector. The tool, known as FinLLM, was developed in the UK by Aveni alongside the two financial services companies, with both also investing money in the firm. The large language…
Lloyds and Nationwide to use UK finance sector LLM Read More »
There is much to be welcomed in the UK’s latest revision to data legislation, which has had a multi-year marathon from inception as the Data Protection & Digital Information Bill and other iterations to its new form as the Data (Use & Access) Bill. Perhaps foremost in the benefits within the bill is the explicit…
Security and verification concerns dog debate over Data (Use & Access) Bill Read More »
This year’s Innovate Finance Global Summit (IFGS) event comes with the backdrop of turmoil caused by Donald Trump’s return as US president, with uncertainty for fintech and other businesses with close ties to the US. Fintech is valued as an important sector in the UK today, something emphasised by chancellor of the exchequer Rachel Reeves,…
Despite the UK’s position as one of the world’s most dynamic technology hubs, the industry still faces a persistent and well-documented challenge – equitable access to investment. Underrepresented entrepreneurs – particularly women, ethnic minorities, LGBTQ+ founders, and individuals from non-traditional backgrounds – remain significantly disadvantaged when it comes to securing the capital needed to start…
The tech investment gap: bridging the divide for underrepresented entrepreneurs Read More »
