Source UK Services

FINTECH

Cision PR Newswire | October 26, 2020

Finastra today announced the availability of its next-generation data offering, Fusion Data Cloud. The suite of solutions is designed to help financial institutions improve customer engagement, grow revenue, digitize processes for efficiency, and manage risk. Fintechs using Fusion Data Cloud gain a unique opportunity to train and deliver their solutions with sample financial institution data. One such fintech tapping into the data sharing capabilities is Vector Risk. The Vector Risk Service uses...

Reuters | March 23, 2020

Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as investors worried about the economic damage from the coronavirus and made a chaotic dash for the exits. While the intervention helped bring back some order to markets, policymakers may need to do more. Investors, economists and bank strategists said they expect policymakers will have to step in with more support in the coming days to prop up both markets and the real economy - c...

JPMorgan | February 24, 2020

US banking giant JPMorgan is to launch a UK digital bank later this year in an attempt to acquire a share of an increasingly crowded market. The bank will adopt the Chase branding and offer a number of savings and lending products, according to Sky News. JPMorgan will be following the lead of rival Goldman Sachs, which launched its Marcus brand in the UK in 2018 and now boasts over 300,000 customers. Rumours of JPMorgan's intentions have been circulating for some time. In June 2019, the US b...

Money.com | October 12, 2020

In March when COVID hit, America hit a historical low point in our US economy. The combination of a pandemic and 22 million people filing for unemployment, led us to an all-time low in consumer optimism. America is now starting to regain its footing, and we are now open to spending more. In order to understand how the pandemic has shaped our spending behaviors, Money and Morning Co...