Assessing vulnerability is one of the most pressing challenges facing local authorities today. Yet, many still rely on static indicators, such as postcode, benefit status, or historic income, that only paint part of the picture. These data points often miss the subtle, daily indicators of financial pressure. What’s often missing is a live view
Artificial intelligence is no longer a futuristic buzzword—it’s a present-day battleground for competitive advantage in banking. Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. From virtual assistants to risk
California is in the process of passing several bills designed to further its crypto regulation and acceptance within the state. The Golden State is aiming to establish itself as the most crypto-advanced state in the country by enabling government agencies to accept cryptocurrency payments, while also passing a law that would enable it to seize
Open banking isn’t just a regulatory shift – it’s a generational opportunity. For the UK, one of the most digitally connected economies in the world, it offers a pathway to make managing money simpler, smarter, and more rewarding. It holds the promise for consumers to move money instantly, access better financial tools, switch providers effortlessly,
In today’s financial world, trust is more than a virtue, it’s a currency. As global banking continues to evolve under the weight of new regulations, data transparency mandates, and geopolitical uncertainty, clients across the world are seeking something increasingly rare: institutions that can both protect their financial privacy and comply with international standards. Belize, quietly
Citizens has spent more than two years working on its open banking strategy.Alex Kent/Bloomberg The Trump administration is doing away with a regulation designed to promote data sharing between banks and third parties. But for Citizens Financial, the move isn’t hindering its bullishness on the broader concept. “This doesn’t change our strategy,” Eric McCabe, Citizens’
The banking sector is undergoing a transformative revolution largely driven by the rapid rise of financial technology, commonly known as fintech. Fintech companies leverage cutting-edge technologies, such as artificial intelligence, blockchain, cloud computing, and big data analytics, to offer innovative financial products and services. This digital disruption has challenged the traditional banking model, which has
David Paul Morris/Bloomberg Visa has rolled out Visa A2A, its account-to-account payment scheme, in the U.K., allowing customers to manage bills and subscriptions through their banking app. It also allows merchants the ability to include more transaction data for reconciliation and to see when a consumer changes or cancels payment permissions. Visa A2A uses open
In the past decade, the financial landscape witnessed a dramatic transformation driven by two distinct forces: fintech startups and traditional banks. Initially, fintechs emerged as UX-rich but often monofunctional challengers, while banks remained service-rich but struggled with digital customer experience. Today, however, these lines are blurring — fintechs are expanding into full-scale banks, and traditional
If you asked the average person on the street if they would like their bank account data to be treated in the same way as data on Instagram or Facebook — that is, shared with advertisers, vendors and service providers — the response would be a resounding: “No! Absolutely not!” Yet every day, millions of