Revolut is contemplating buying a nationally chartered bank in the US in order to gain an American banking licence, according to a report by the Financial Times (FT).

Following the launch of Zopa’s first current account last month, FStech news editor Alexandra Leonards caught up with Merve Ferrero, chief strategy officer at the digital bank to explore how ...

NatWest Group has announced a five-year collaboration with Amazon Web Service (AWS) and Accenture to modernise the banks’ digital, data, analytics and AI capabilities.

Wise, the UK-based FinTech known for its international money transfer services, is facing mounting shareholder opposition over its plans to shift its primary stock market listing from London to New ...

A group of major financial institutions including NatWest, Morgan Stanley and Aberdeen have launched a new tech initiative to strengthen operational resilience across the financial sector.

Recent research suggests that AI has created the world’s largest and fastest-developing financial services technology skills shortage in over 15 years. Dalvinder Kular, assistant editor at FStech, ...

Time and again, research shows that overly cumbersome and time consuming processes turn good customers away. At the same time, KYC requirements demand a thorough verification of customer identities.

ClearScore has launched a new embedded finance feature which sees its data-driven credit matching platform embedded into third-party digital channels.

US Bank has completed its first fully digital trade finance transaction as it seeks to streamline trade and working capital by reducing reliance on paper documents and manual workflows. The move marks ...

Anthropic has launched an AI tool aimed at financial services providers which is designed to analyse markets, conduct research and make investment decisions.

Specialist business bank Redwood Bank has appointed Simon Goodyear as its new chief information and technology officer (CITO). Prior to joining Redwood Bank, Goodyear was chief technology officer of ...

UK cloud-based bank Redwood Bank has hired Simon Goodyear as its new chief information and technology officer (CITO). Prior to joining Redwood Bank, Goodyear was chief technology officer of car ...