It used to be that banks with the most square footage dominated the marketplace, garnering a huge customer base with each physical location. Bank of America, one of the largest banking institutions in the U.S., has more than 5,000 branches with some other banks going above 6,000. Looking to the future, however, this physical infrastructure […]
Silicon Valley may be the Shangri-La of technology startups, or perhaps more aptly the El Dorado, but it’s not the only place where cool things are happening. London is home to one of Europe’s major tech centers (or centres), and it’s especially strong in fintech. In 2017, UK-based fintech companies raised $1.8 billion in venture […]
The Revised Payment Service Directive (PSD2) has caused serious waves in the European banking world. It started in 2015, when the European Commission sought to regulate payment services and payment service providers in order to level the playing field between banks, qualified payment service providers (PSPs), and other third-party providers (TPPs). The new directive required […]
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