Appointment of Molo founder Francesca Carlesi follows lengthy wait for crucial regulatory approval
Digital bank valued at ￡362mn in latest funding round, down from ￡435mn last year
Machines aren’t just faster than humans at recognising faces, they’re also more accurate
A full uptake would mean significant pain for high street banks in fees and deposits
The question of longer term sustainability still needs to be answered
Just as banks are seeking more deals with fintechs, those partnerships are coming under greater scrutiny from regulators who worry that such tie-ups could open the banks and the US banking system to bad actors
Bill Gates is among the supporters who say DPI is key to reducing poverty but critics warn civil liberties could be at risk
Debit card usage rises even faster, reaching 50 per cent of payments in 2022
Company has to replace chief executive Anne Boden and decide on its strategic future
The country’s financial industry cannot be left behind in a trend that will lower costs and risks in markets
UK fintech expects benefits from monetary tightening to continue
UK digital bank posts pre-tax loss despite revenue boost driven by tripling of lending book
Founder who owns 4.9% of digital bank will remain on board of directors
Older customers at risk of being financially excluded as branches close, warns Age UK
Standard Chartered and other incumbents take lead in push for virtual lending
Lenders flag a further ￡6.2bn of problem loans made to struggling businesses
Investment trust Chrysalis among others snaps up ￡20mn stake in digital bank
Brussels may resist plan to give businesses the right to demand cash for low-value transactions
FT banking summit hears of sharp turnaround in fortunes after auditors’ fears for its future
Digital lender has been forced to delay IPO because of choppy markets
Digital app’s deposit base of ￡10bn still trails Goldman Sachs’s Marcus, which has accrued ￡22bn
The UK start-up’s rapid growth owes a lot to the ‘bounce back’ pandemic business lending scheme
Challenger shifts away from government-backed lending to focus on the mortgage market
TS Anil says unprofitable UK digital bank must press ahead with its big ambitions
How Money Clinic helped online fraud victim Jenny recoup ￡17,000 from her bank
