As with the other articles published on this blog, there are opinions expressed below which are not necessarily those of Freemarket. There may also be working definitions that are not factually complete or comprehensive so may be incorrect by omission. I have tried to create a summary that works for…
Anyone who follows or reads about Fintech companies will know that they excel at finding profitable niches in financial services and exploiting them. …
Recently — the past two years in particular — has seen a rise in business banking, with challenger banks emerging to take advantage of slow, legacy technology and outdated processes.
Business Banking has evolved and users no longer require to use the big incumbents, there now are many options on…
Managed banking is built to be robust, transparent and flexible so that it seamlessly fits with your system, banks’ systems and requires no maintenance from you. Advancement in technology has allowed the industry to become more efficient, optimised and streamlined.
Our own cutting-edge technology supports our managed banking services. Cloud-native…
Science fiction from decades ago may have imagined the 2020s as a time when we had colonized Mars, were driving around in hover cars, and automation meant we barely lifted a finger to do menial chores.
Of course, the reality is a little off, but technological advancements have revolutionised the…
Global investors poured funding into the UK’s glistening fintech sector last year, raising almost double the figure that was invested between 2018 and 2019 — despite the rest of the world suffering a slight downturn in funding.
Global fintech investment in 2019 fell just shy of 2018’s record with $135.7…
Many of us may remember having our own piggy bank when we were growing up where we might have squirrelled away pocket money, loose change or that shiny pound coin our grandad found behind our ear.
A rattle of that piggy bank would let you know just how much money…
It can come as a surprise to anyone that’s not had to set up a cross-border business — but it can take six months or more to negotiate a new bank relationship. Without a bank, you can’t pay people, and you can’t get paid. If you are working in several…
There’s no denying that virtual bank accounts or virtual IBANS — vIBANS for short — are an interesting feature and are fast becoming a staple in banking.
As we become increasingly financially aware and in control of our finances, more and more businesses are looking for new ways to handle their funds when abroad or doing business internationally. A virtual IBAN or vIBAN for short, is an easy solution to help execute this. Whilst vIBAN products from…
