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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

In my frequent conversations with clients across the UK and Irish banking industry, one of today’s hottest topics is the rise of the challenger banks such as CYBG, Metro and AIB UK, and particularly the neo-challenger banks providing digital-only services, like Monzo, Atom and Starling. Why the intense interest in the neo-challengers?

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IBM and Crédit Mutuel Demonstrate AI Can Help Bank Employees, Not Just Customers

Bank Innovation

Many banks have started using artificial intelligence to enhance customer service, whether through chatbots, customer acquisition or money management capabilities. One area where AI […].

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High-Profile — But Secretive — Funding For B2B FinTechs

PYMNTS

“VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. They need to manage the burn, drift and cut losses.”. Over the weekend, Australia’s Timelio revealed a $3.7 B2B eCommerce.

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Connected Cars Hitch A Ride On Smart City Spending

PYMNTS

Some city residents and officials worry about all the data that will be collected, stored and analyzed for the operation of the automobiles and the smart city — privacy and security concerns that are gaining more attention in general from consumers and lawmakers. Security Weaknesses. Smart City Spending. billion in 2021, up from $342.4

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How ‘Computer Vision’ May Change Banking

Bank Innovation

Not according to Raghu Rajah, vice president of digital banking, engineering and product management at […]. By reading the expression on a customer's face, the way another human would. Seems unbelievable, right?

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“Record breaking”: What 2017 holds for the UK payments market

NCR

The market will be particularly active in the UK, where efforts to open up the banking system to more players are expected to bear fruit in terms of encouraging competition and innovation, with more payment services providers gaining access to key systems. million to £2.5 What it could offer the industry.

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Inside Kount’s Fraud-Fighting Machine

PYMNTS

In an interview with PYMNTS, Bradley Wiskirchen, CEO of fraud protection tech firm Kount, detailed the landscape of online fraud, where it is going, and the challenges and opportunities that confront innovative fraud detection. BW: It’s hard to pick just one – but here is one that I think underscores our approach to innovation.

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