Dealing with cybercriminals and hackers is nothing new for banks. From identity theft to account takeovers, to phishing, evolving threats continually test even the strongest security defences. Fraud is an ever-present threat for any financial institutions, but do neobanks and challengers face unique challenges? Over time traditional banks have formalised their security processes and built

Traditional banks have faced challenges in moving to the forefront of embracing digital identity. Without legacy systems slowing down innovation and delaying the implementation of new tools, fintech challengers and neo-banks have been able to offer powerful ways to authenticate customers. As Manuela Sedvartaite, Innovation Manager at Santander, explains, “As a large corporation bank, we

While the UK banking community debates the competitiveness and viability of new FinTech entrants, challenger banks and innovative, customer-focused product offerings – real disruption to the industry may emerge from an established and long-standing group – Building Societies. While the FinTech revolution evolves and matures, the overarching aim is to deliver better outcomes to end

Despite having a substantial pool of resources to draw on, many of the big financial organisations have been slow to adapt to new technology. We speak to Matt Bunn, partner & co-founder of Capita Scaling Partner on how financial institutions can get ahead of the game by partnering with innovative fintech start-ups. ‘Fintech in the