Standard Bank moves into its award winning new green London …
WEBSep 22, 2009 · Standard Bank is moving 1,000 staff into its new UK and European headquarters at 20 Gresham Street in the City of London. The new state-of-the-art premises occupy over 117,000 square feet of office space on the ground, first, second and third floors, with a further 32,000 sq ft reserved on the fourth floor for further expansion. The building has been BREEAM assessed as 'excellent' for its ...
Welcome // FStech Awards
WEBDeadline for Entries: 07 November 2024. 25th Annual FStech Awards - Celebrating excellence and innovation within the UK and EMEA financial services sector – organised by FStech. Now in its 25th year, the FStech Awards recognise and celebrate companies which have demonstrated excellence and innovation within the …
Connecting people with finance: Building smarter bank branches
WEBSep 8, 2020 · The Coronavirus has accelerated the need for mobile and self-service banking, with traditional branches seeing a fall in customer traffic, meaning their customer acquisition has also significantly declined. <br /> <br /> Though it may be tempting to conclude that this will lead to bank branches becoming obsolete, that is not the case. Instead, the development of new technologies - such as ...
Payments supplement: UKFPS feature - Getting impatient
WEBSep 4, 2009 · The Faster Payment Service (FPS) is operated by Chaps and the infrastructure was built by VocaLink for the use of the 13 founder member banks, including all the major High Street names responsible for 95 per cent of all credit transfer payments made in the UK, such as HSBC, Barclays, Nationwide, Lloyds Banking Group, and RBS.
‘A third of financial institutions’ accelerating use of AI for AML
WEBAug 10, 2021 · A third of financial institutions are accelerating their adoption of AI and machine learning (ML) for anti-money laundering (AML) in response to COVID-19, according to new research. Over a third – 39 per cent - of compliance professionals said their AI and ML adoption plans will continue unabated despite the pandemic’s disruption according to the report from SAS, KPMG, and the Association ...
Fnality completes ‘world first’ blockchain payments with Lloyds ...
WEBDec 15, 2023 · Join FStech editor Jonathan Easton and Proofpoint cybersecurity strategist Matt Cooke as they discuss the findings of the State of the Phish 2023 report, diving into key topics such as awareness of cyber threats, the sophisticated techniques being used by criminals to target the financial sector, and how financial institutions can take a proactive approach to educating both their employees and ...
ABN Amro ‘scaling up’ generative AI in call centres
WEB7/6/2023. The chief commercial officer, personal & business banking of ABN Amro has revealed that the Dutch bank is scaling up ChatGPT in its call centres. On Wednesday, Annerie Vreugdenhil – who is also a member of the executive board at the bank – told delegates at Money 2020 Europe that the organisation had been trialling ChatGPT across ...
AI could grow UK economy by a fifth: McKinsey - FStech
WEBJun 10, 2019 · UK firms adopting artificial intelligence (AI) tools could deliver a 22 per cent boost to the UK economy by 2030, according to a new report from McKinsey and data analysis from Quantumblack. The analysis, based on simulations from McKinsey Global Institute (MGI), also suggested that firms could benefit from a 120 per cent increase in total economic value, implying additional growth in cash ...
Trustly takes iDEAL payments Europe-wide - FStech
WEBDec 15, 2015 · Trustly has become a licensed Collecting Payment Service Provider (CPSP) for the Netherlands’ iDEAL payment scheme. iDEAL processes 200 million transactions annually, accounting for more than half of all online purchases made by Dutch consumers. Over 75 payment service providers currently offer iDEAL services to merchants and other beneficiaries, such as utilities and governments.
NatWest introduces daily transfer limits to tackle fraud
WEBMay 24, 2021 · NatWest, Royal Bank of Scotland, and Ulster bank currently have a default bank transfer limit of £20,000 per day, which will be reduced to £5,000 per day. Customers will be able to change the daily transfer limit on their online accounts, making it higher or lower than the £5,000 limit. The limit applies to digital payments only, not ...
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