building societies
Digital tools for digital inclusion
Monday 27 September 2021
Millions of people in the UK and around Europe are excluded from essential banking services. From challenges with managing money to physical accessibility barriers, more needs to be done by building societies and credit unions to ensure all citizens are able to utilise cutting-edge financial tools. Nationwide Building Society recently introduced new bank cards that are the
- Published in Content
Regtech and the Mutual Sector
Tuesday 07 September 2021
How Regtech is boosting agility and improving the adoption of emerging technologies The increasing regulatory burden placed on credit unions is costing them billions in compliance costs. According to the Credit Union National Association (CUNA), US credit unions spend more than $6 billion a year on dealing with regulatory compliance and this figure is growing by hundreds of millions of dollars
- Published in Content, Fintech, FTT Building Societies
Ethical savers can bank on building societies
Monday 23 August 2021
Building Societies have dominated the top of Which?’s list of financial institutions for environmentally conscious savers, which was released during the past week. The not-for-profit consumer research group found that 28% of members said they care about the values of the companies they invested their savings in. However, more than 69% of Which?’s members said
- Published in Community & Events, Content
Serving customers through community-owned digital platforms – FTT Chats Ep 54
Tuesday 10 August 2021
Richard Wainwright, CEO at Mutual Vision joins us in episode 54 of our FTT Chats series. During the series, we sit down with several digital players to explore disruptive technologies, strategies and innovation. In this chat, Richard discusses some of the key challenges that building societies are facing and the solutions that Mutual Vision can
- Published in Content, Interviews
Going big with embedded finance, frozen money and bad gum – FTT Bookmark Issue 25
Tuesday 27 July 2021
Going Big with Embedded Finance, Frozen Money and Bad Gum Your weekly resource for noteworthy news, fascinating features, and fintech titbits that caught our eye. Whether you live by your Twitter lists, save your Google Alerts or simply scroll through LinkedIn for insights and commentary – there is a wealth of content that weaves a
- Published in Community & Events, Content, Embedded Finance, Fintech, Fintech of the week, Innovation, Opinion
Banking on Net Zero – Can building societies lead the way?
Monday 05 July 2021
The conversation around how to best transition to Net Zero for businesses is becoming increasingly urgent as the impacts of climate change approach. Like other financial institutions, building societies have a vital role to play in the route to Net Zero and the future low carbon economy. Customer expectations are also driving the urgency in
- Published in Blog, Community & Events, Content, Fintech, Opinion
Building a foundation for innovation
Tuesday 23 March 2021
Our recent Vox Pop report, ‘Building a Foundation for Innovation‘, explored digital progress in the Building Society sector. Along with our partner Mambu, we gathered a snapshot of insights from senior leaders, on the opportunities and obstacles that come with embracing new technologies. We set out to build a picture of how Building Societies are
- Published in Community & Events, Content, Featured, Fintech, FinTECHTalents, Innovation
Innovation at the Heart of the Community
Tuesday 08 December 2020
When we talk about innovation in financial services, we often focus on the digital-first challengers, the future-proofing banks or even the influence of Big Tech. But if there was one sentiment echoed throughout the day at FinTECHTalents Virtual Building Societies, it was this: Innovation is Wherever You Build It. We should not overlook the power
- Published in Blog, Community & Events, Content, Featured, Fintech, Innovation, Video
Unlocking the Power of FinTech Partnerships
Tuesday 01 December 2020
Without extensive budgets or large technical teams, in-house development may not be an option for smaller financial institutions looking to digitalise. Partnerships with FinTech providers can act as a powerful route to leveraging the benefits of external technologies and solutions. At FinTECH Talents Building Societies last month, the day closed with a practical discussion on
- Published in Content, Customer Experience, Fintech, Innovation
A Foundation for Innovation: Digital Progress Across the UK’s Building Societies
Tuesday 01 December 2020
Customer expectations are changing, and recent events have accelerated the shift towards remote interaction. Now, more than ever, Building Societies must embrace innovation, to enhance and future proof the unique financial services they provide. Looking towards a Digital Future, Building Societies each face unique circumstances depending on their culture, scale, structure and regulatory environment. Along
- Published in Blog, Community & Events, Content, Featured, Fintech, FinTECHTalents, Innovation, Opinion, Start-ups