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Financial Innovation
Building Societies Don’t Have to Take a Backseat to Fintechs
“Building societies will never be able to keep up with startups and online-only banks," is a common platitude you may have heard thrown around. With the right investments, however, building societies can remain competitive yet.
Europe Is at Risk of Falling Out of the AI ‘Arms Race’
A powerful movement is taking place behind the scenes of recent TV reports and newspaper headlines. In the quest for global dominance in the domain of deep tech, countries are involved in a spirited race to develop the next wave of leading…
Wirecard Admits Risk of “Considerable Fraud” as €1.9 Billion Vanishes
The payments company’s shares plummeted after auditors found almost two billion euros unaccounted for.
Redefining Productivity: Is Working 9 to 5 the Only Way to Make a Living?
This time last year, if you’d asked financial services providers if it was possible for almost all of their staff to work from home, many would have told you it couldn’t be done. But as coronavirus pushed us to adapt more quickly to new…
How Open Banking Can Be the Enabler Between Lenders and SMEs
New releases from the Bank of England have shown record numbers of businesses using government-backed loans to stay afloat. For smaller companies, however, the loan schemes continue to fall short of their needs.