UKRSS

AlgoMe brings Tinder touch to asset management talent hunt

algome 1

AlgoMe, a London-based start-up offering career development and job placements in asset management, has launched its beta phase. The firm says it’s “rather like a dating app in that you get to determine if the match is right for you before your data is shared”. The web and mobile-based membership community is led by CEO […]

CASS plays Casanova to CMA’s current account commitments

Is there fintech life outside London? Yes, there is. And it is vibrant!

The UK’s Current Account Switch Service (CASS) says it meets one of the commitments set out in response to the Competition and Markets Authority’s (CMA) final report into retail banking. As Banking Technology reported in January, the CMA accepted undertakings from the Bacs payment scheme, which owns and manages CASS, that commit it to delivering […]

Image is everything for VocaLink and UK’s new cheque tech

Cheque

VocaLink and BancTec, a part of SourceHOV, a provider of enterprise information management (EIM) and transaction processing solutions, will build the UK’s new image-based cheque clearing system. As Banking Technology reported this month, the Cheque and Credit Clearing Company (C&CCC) launched the industry-wide system to speed up processing for customers across the country. Paul Stoddart, […]

HSBC and First Direct to get VocaLink Pay by Bank app

Pay by Bank app 2

VocaLink’s Pay by Bank mobile payment app will soon be available to customers of HSBC and its subsidiary, First Direct. Pay by Bank app, created by VocaLink’s payment innovation team Zapp, enables people to make “digital debit” payments for goods and services via their banking app, with payment made directly from a current account. HSBC […]

UK’s Financial Conduct Authority selects Cognizant for tech revamp

FCA keen to explore regtech

The UK’s Financial Conduct Authority (FCA) has chosen Cognizant for an overhaul of its core IT applications and quality assurance processes related to the agency’s market surveillance, supervisory analysis, reporting and risk management functions. This three-year agreement builds on the FCA’s ongoing relationship with Cognizant which began in 2011, when it was selected as one […]

Square launches in UK

Square

San Francisco-based payments specialist Square has landed in the UK. This is the fifth market for Square, following the US, Canada, Australia and Japan.

Infographics: the new £1 coin

Infographics GBP1 coin

It’s infographics time! This nifty infographics, created by Mastercard, outlines some interesting facts and figures about the new £1 coin, compared to the old one (introduced back in 1983).

The Monday mindset: 27 March 2017

Walk50

Fintech zeitgeist! Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, Kate Bolton, head of PR and communications at Temenos, explains “Collaboration for Good” – the world’s first banking industry charity challenge. Collaboration, it […]

UK Export Finance looks for IT head, plans to triple tech footprint

All about tech

UK Export Finance, the country’s export credit agency and a government department, is looking to recruit a new head of IT.

House of Lords calls for action on UK financial exclusion

UK flag

The House of Lords Financial Exclusion Committee is calling for the UK Government, the Financial Conduct Authority (FCA) and banks to give greater priority to tackling financial exclusion. In its new report, “Tackling financial exclusion: A country that works for everyone?”, the Lords want an end to the “scandal of the poorest being excluded from […]

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