With recent ONS GDP data estimating that the UK economy shrank by 0.3% in August compared to July, the Bank of England now says the country will soon enter its longest recession since records began. The year has been defined by global turbulence and economic volatility - with events like the war in Ukraine and the UK's series of new prime minister...
24 November 2022 /payments /markets The Payments Business
Banking-as-a-service (BaaS) has been widely discussed across the fintech world over the past few years. A key component of open banking, it reconfigures the banking value chain by helping remove the intermediaries and enabling tailored banking services and enhanced experience in real-time. BaaS platforms and technologies are transforming the busin...
27 October 2022 /devops /predictions Open Banking
From the very first ATM in the 1960s to the rise of smartphones leading to mobile banking in the 2000s, and now in the booming digital era with super apps and fintechs, the financial industry has evolved to improve the customer experience. While customers may choose a financial product or service for its function and features, user experience is w...
03 October 2022 /payments /people Trends in Financial Services
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