All articles by Andrew Fawthrop
Andrew Fawthrop
Revolut launches Group Vaults savings feature ahead of global expansion later this year
A joint savings tool has been added to the Revolut roster with the launch of Group Vaults – a feature…
Task force needed for ‘failing’ UK bank referral scheme, says lender CEO
A task force is needed to fix the bank referral scheme (BRS) as it’s “at risk of failure”, according to…
Tesco Bank abandons mortgages business amid ‘challenging’ market
Tesco Bank has put an end to its mortgages business and is looking at opportunities to offload its existing mortgage…
Crypto and forex investment scams triple in a year, costing UK victims £27m
Investment scams involving foreign exchange (forex) and crypto assets more than tripled last year in the UK, costing victims upwards…
Lloyds reveals Scotland tech hub plans – which will create 500 new jobs
Scotland is set for a boost to its financial services industry as Lloyds Banking Group reveals plans to create 500…
Wells Fargo and Barclays lead $17m investment in fintech firm OpenFin
Wells Fargo and Barclays have led a $17m (£13.3m) investment into New York fintech OpenFin, which builds desktop operating system…
Five major banks handed €1bn EU penalty for foreign exchange spot trading cartel links
The European Commission has dished out €1.07bn (£935m) in fines to Barclays, Royal Bank of Scotland (RBS), Citigroup, JPMorgan and…
Bank of England wants better prospects for women in financial services
Improving gender diversity in UK financial services is about “deeds, not words”, according to a top Bank of England official…
Nationwide pockets £50m from Capability and Innovation Fund Pool B
Nationwide Building Society is one of three UK lenders to be awarded grant money to develop their business banking services,…
Small business banking software by Personetics uses AI to help cashflow
Small business owners are set to benefit from artificial intelligence (AI)-powered banking support, with the release of a new product…