As Britons continue to save more in the wake of COVID-19, and more savers do their banking digitally, building societies and banks must re-think how they service their e-savings accounts to increase share of wallet.
COVID-19 lockdowns triggered a huge increase in savings in the UK. In June 2021 alone, households deposited an additional £9.8 billion with banks and building societies. In this environment, banks and building societies have no choice but to innovate, designing different product features and benefits in their digital banking offerings, rather than focusing on the headline rate
Why aren’t more digital banking front ends being re-tooled to supercharge growth?
Sandstone Technology’s CEO Michael Phillipou helps explain how APIs make exciting fintech integrations possible with many core banking system, however monolithic and problematic they may be.
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Sandstone Technology’s CEO Michael Phillipou helps explain how APIs make exciting fintech integrations possible with many core banking system, however monolithic and problematic they may be.
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One major misconception in our industry is that AI-based digital banking solutions are designed to take humans out of the equation. It’s just not true. There will always be a need for the human element. One does not mean the lack of the other.
As Britons continue to save more in the wake of COVID-19, and more savers do their banking digitally, building societies and banks must re-think how they service their e-savings accounts to increase share of wallet.
In an exclusive interview the Fintech Finance, Sandstone's CEO discusses the opportunities of Open Banking and the key strategic priorities for banks.
During the pandemic, at a time when many SMEs needed their banks’ support the most, they were let down by a major service gap...
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It is impossible to discuss the role of AI in financial services without highlighting that 2020 was hugely disrupted by COVID-19 and the ripple effect is expected to last for years...
During the pandemic, at a time when many SMEs needed their banks’ support the most, they were let down by a major service gap...
The business models and risk management thresholds of financial institutions must be adapted to reflect the broader economic changes that have emerged since COVID-19...
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In the first half of 2021, Australians have experienced a major bottleneck in loan application approvals...
The term Open Banking started to gain notoriety in 2016 as a direct result of the UK’s Competitions Market Authority announcing plans for the top 9 banks in the UK to deliver open source APIs for 3rd party use by January 2018...
Open Banking drew global attention in 2016 as a direct result of the UK’s Competitions Market Authority announcing plans for the top 9 banks in the UK...
Digital channels such as online banking and mobile banking apps are the key interfaces between the SMEs and their financial institutions...
