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Visa has announced that Revolut is issuing Visa cards to all new customers signing up to its standard prepaid offering. Visa and Revolut have provided contactless Revolut Visa prepaid cards to all 59 Team-GB athletes travelling to PyeongChang as well as the wider Team GB delegation accompanying them. The card (more…).....
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Last week a technological glitch at the Bank of England led to delays on transactions across the whole of the UK, illustrating how technology related glitches are still very much a thing of the present. This type of issue is nothing new, and has been known to have monumental consequences (more…).....
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If there’s one positive thing about social media, it’s that it’s keeping everyone on their toes – especially service providers. Woe to the retailer, airline, bank, etc. that can’t keep its operations running so that they are available when and how users want them, 24/7, regardless of volume, transaction level, (more…).....
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India’s emergence as a digital payment powerhouse is an unlikely story. Until recently, cash accounted for 95% of transactions, 85% of workers were paid in cash, and 70% of online shoppers chose ‘cash on delivery’ as their preferred payment option.1 Yet, the Indian mobile wallet market is set to grow by (more…).....
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The concept of Cloud is now firmly established among corporate decision-makers. But, rewind ten years, and the mere mention of Cloud would have been met with a furrowed brow. Times have changed, and for many, the adoption process went from never, to maybe, too – we need it now. This main (more…).....
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For those unfamiliar with Bitcoin, here’s a brief primer. Created in 2009 by an unidentified software developer and inventor who goes by the pseudonym of Satoshi Nakamoto, Bitcoin is a form of digital currency that’s created and held electronically. Bitcoins aren’t printed like traditional currency; instead, they’re produced by a (more…).....
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  Financial services will become more reliant on customer experience With the rise of open banking in 2018, there will be an even greater emphasis on Financial Services (FS) organisations to use customer experience as a means of differentiation in an increasingly level playing field. The end consumer will gain (more…).....
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City Network is the first European hosting provider to offer Openstack to its customers. This is the largest deployment of Openstack-based public cloud nodes in the world and is a key step forward in putting core banking systems into the cloud. City Network has partnered with Canonical to give the option to (more…).....
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After initial hesitation, the financial services sector is warming up to the potential of cloud computing. The use of private and public cloud is growing exponentially in the space. Why? It’s due to a number of factors coming together. A better development and deployment approach Not surprisingly, it was the (more…).....
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The technology gender gap is still not closing quickly enough, according to research by recruitment firm Search Consultancy. Following a deep dive into ten years’ worth of data, Search has revealed that women are still struggling to break through into the traditionally male-dominated world of technology. Focusing on key roles (more…).....
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They say imitation is the sincerest form of flattery. Challenger banks are doing what their name suggests, and research indicates they are gaining ground. For established lenders, replicating the characteristics of their smaller, more agile competitors, will help them defend their position. Outsourcing is the key, argues Sarah Jackson, Director, (more…).....
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When adopting new payment methodologies, banks must strike a challenging balance between ease of use and access and the need to put in place stringent levels of security.  With technology evolving at ever-increasing rates, it’s increasingly difficult to keep on top of that challenge. Banks first need to put in (more…).....
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