Vehicle Finance

DBC Motor Finance

The DBC and ieDigital hosted a special breakfast session at The Law Society in London, 29 November 2018. The Digital Banking Club and ieDigital...

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Sharp rise in credit card spending in May

Credit card spending rose significantly in May, well above the average in 2017, according to figures from supertrade...

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Banks plan Brexit contingencies as prospect of no deal looms

More than a third of large banks and financial institutions are considering or have confirmed moves from the UK....

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Enforcement firm hires Alan Smith as director of High Court compliance

Court Enforcement Services has recruited the authorised High Court enforcement officer,...

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Intelligent Environments to rebrand as ieDigital

The new name holds on to its ‘ie’ heritage but adds ‘Digital’ to emphasise the...

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Retail Finance

HSBC to employ humanoid robots in US bank branch

HSBC Bank USA has signed an agreement to bring SoftBank Robotics America’s (SBRA) humanoid robot, Pepper to transform its customers’ branch At the...

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Metro Bank founder to launch new digital lender in Australia

Metro Bank co-founder Anthony Thomson is set to launch a new digital lender called 86,400 in Australia. The bank,...

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IntSights launches new fraud detection solution for banks

IntSights Cyber Intelligence has launched a new threat intelligence and fraud detection solution for banks. Dubbed...

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DBS Bank to launch Indian arm in October

DBS Bank is set to launch its wholly-owned subsidiary in India in October this year. The...

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Access Idaho launches new payment service

Access Idaho, the administrator of the US state of Idaho’s official web portal, has...

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Private Banking

Merrill Lynch upgrades mobile app with new features

Bank of America’s wealth management division Merrill Lynch has upgraded its mobile app to enable its users to manage their finances easily. Bank of...

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GBST unveils new digital platform for wealth managers

Fintech firm GBST has unveiled a new digital platform called Catalyst, which is designed to support the requirements of...

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FCA proposes changes to complaint handling for victims of authorised push payment fraud

Victims of authorised push payment fraud could have more power to pursue complaints under plans announced by the...

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FCA survey reveals urban-rural savings divide

Customers in rural areas of the UK are far less likely to use mobile banking than their...

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Wealth managers increasingly jumping onto the AI bandwagon

The use of artificial intelligence (AI) technologies in wealth management is gaining...

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Insurance

AIG Life to acquire Ellipse from Munich Re

AIG life has agreed to acquire Ellipse, a specialist provider of group life risk protection in the UK, from Munich Re. AIG life has agreed to acquire...

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News Manulife to launch new whole life insurance plan in Canada

Canadian insurance company Manulife is set to launch a whole life insurance product and an artificial intelligence...

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MetLife China, WeSure launch aviation accident insurance

MetLife China and Tencent’s digital insurance platform WeSure have jointly launched an aviation accident insurance...

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LV= trials Optal system to improve claims payment processesing

LV= has announced a trial agreement with B2B payment solutions provider, Optal. LV= has...

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AIG Life follows lifestyle insurance market with Yulife partnership (1)

AIG Life has partnered with insurtech startup, Yulife – founded by ex-Vitality CEO Sammy...

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Collections

Former debt management director issued ban by FCA

A former director of First Step has been banned by the Financial Conduct Authority (FCA) for misappropriating client funds. Darren Lee Newton has been...

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CSA: Customers should not pay to evidence mental health

Debt collection industry body, the Credit Services Association, has issued guidance on debt and mental heath evidence...

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CCJs rise sharply despite drop in value of defaults

UK consumers saw a 22 percent spike in adverse debt judgments last year, according to new research. Over the same...

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FCA warning over increase in loan scams

The Financial Conduct Authority has urged the public to exercise vigilance over the...

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Stuart Frith appointed as president of R3

Stuart Frith is taking over as the new president of R3, the insolvency and restructuring...

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