Innovate Finance, the independent membership organisation representing UK’s global FinTech sector, is returning to Davos this week with a delegation of members to discuss this year’s theme of Responsive Leadership
Onfido is a startup that aims to streamline remote background checks and identity verification by using facial recognition technology.
bd4travel, a leading provider of intelligent personalisation for travel, has been awarded the prestigious Travolution Award Best Technology Provider 2016.
When was the last time you heard someone say, “That rehearsal studio was awesome”?
LBS graduates secure £350,000 seed funding for Pass the Keys
The state-backed lender, which is part of Royal Bank of Scotland, is joining forces with Iwoca, which offers working capital to small businesses, and Together, a property-secured lender, as a way to refer business and commercial customers that do not meet NatWest’s appetite for risk.
"Financial institutions have reported to have taken weeks to onboard new clients and expect it go up in the future," Celent analysts Arin Ray and Neil Katkov wrote in a recent report. "Some are concerned that a prolonged and cumbersome onboarding process could become a competitive disadvantage."
Four of the biggest AI startup acquisitions of the last five years have come from the UK, starting with Google's purchase of Deep Mind in 2014 for a reported £400 million.
It could have taken months for the systems administrators at a large bank in Rome to figure out that one of their servers was talking to Facebook, a red flag given that networks in banks don't need to know how many "likes" they've received. And they might not have noticed the streams of data the server then sent to an array of unknown computers. This kind of threat—coming from inside the network, not from outside its firewall—is difficult to detect.