All articles by Andrew Fawthrop

Andrew Fawthrop

Stripe Capital aims to improve access to finance for US online businesses

US payments firm Stripe has taken its first steps into lending with the launch of Stripe Capital – its new…

Intake revealed for 2019 Tech Nation UK fintech growth programme

The second annual intake for the Tech Nation UK fintech growth programme has been revealed, featuring 23 promising early-stage scale-ups.…

PPI deadline scramble could cost CYBG up to £450m in extra compensation

CYBG will make a provision of up to £450m ($555m) to cover the cost of an “unprecedented volume” of payment…

How HSBC uses AI tools to guard against the evolving risks of financial crime

­­­ HSBC is using AI to help spot money laundering, fraud and terrorist funding. Future Banking writer Tim Gunn speaks…

Royal Bank of Scotland sets aside additional £900m to cover last-minute PPI payout claims

A “significantly higher than expected” surge in deadline hour PPI payout claims could cost Royal Bank of Scotland (RBS) as…

What is Curve? The smart payment card and app that manages multiple bank accounts

UK fintechs have been on the receiving end of some huge venture capital injections this year, as investors seek to…

Tesco Bank offloads UK mortgages business to Lloyds for £3.8bn

Tesco Bank has sold its entire mortgages portfolio in the UK to Lloyds Banking Group for £3.8bn ($4.6bn), drawing a…

ECB executive warns against the ‘siren call’ of Facebook’s Libra cryptocurrency

A European Central Bank (ECB) senior executive today launched a scathing rebuke of the planned Facebook Libra cryptocurrency – as…

Revolut to open new Portugal office, creating 400 jobs in the country

Revolut will create 400 new jobs in Portugal as it launches a new customer operations centre in the country. The…

Government-backed SME lending scheme fails to impress industry leaders

SME lending via the UK’s bank referral scheme (BRS) grew 17% in the past year – but the impact of…