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Revolut to Move Headquarters to Canary Wharf After Boosting Staff Number by 40%
A leading trading app, Revolut, recently saw its staff numbers go up by 40%, becoming one of the few fintechs that are hiring rather than cutting jobs. However, in...
MAS and BIS Roll Out Project Viridis to Assist in Monitoring Climate Risks
The Bank for International Settlements (BIS) Innovation Hub and the Monetary Authority of Singapore (MAS) have created a plan called Project Viridis. This climate risk platform is made to...
Scammers Now Use And Nurture Fake Identities To Commit Fraud, A Research Reports
Researchers have warned about a potential multi-billion pound fraud that could hit the UK economy. According to the researchers, the scam could be championed by the three million “Frankenstein”...
Starling Bank Achieves Profitability For The Third Year In A Row
Starling Bank, a UK-based mobile lender, has announced its third consecutive year of profitability. It witnessed a remarkable 55% increase in pre-tax profits, reaching £301.1 million, and a corresponding...
Co-op Bank Technical Issue Leads to Double Payments for Businesses
Co-operative Bank clients have complained to the lender following a bug that resulted in payments being deducted twice from certain business accounts. Customers stated that they were forced into...
Musk Rules Out Model Y Refresh in 2024 Even as Tesla’s Sales Sag
Tesla CEO Elon Musk has ruled out a refresh of its Model Y in 2024 in a post on X. The Model Y is the best-selling model in Tesla’s...
Tandem Sees Significant Profits Thanks To Eco-Aware Customers
Tandem, a United Kingdom challenger bank, has released its financial data for the year, showing significant success. The bank received notable profits as it drew customers with its economy-conscious...
CFIT Unveils Coalition To Battle Economic Crime Through Verification
The Centre for Finance, Innovation, and Technology has unveiled a new industry coalition. The coalition was created to combat economic crime by introducing advanced verification methods. The collision will...
Apple Unveils Tap To Cash For Quick Payments
Apple has introduced a Tap to Cash feature that allows people to transfer funds to each other by just tapping their iPhones. Launched as part of iOS 18, users...
Santander’s Zinia Partners with Apple in Germany for Consumer Finance Services
Santander recently revealed that Zinia, its digital consumer finance platform, is taking over as the primary provider of consumer finance for Apple in Germany. Zinia will let customers purchasing...