Revolut Faces Roadblocks on Its Journey from Fintech to Bank
The UK’s most valuable fintech was granted a banking license a year ago, yet Revolut still hasn’t been given the green light to operate as a fully fledged financial institution. Instead, Revolut remains in a holding pattern, limited to holding £50,000 in total customer deposits—billions of pounds lower than leading UK banks like Barclays, HSBC, […]
Finally, a Solution for the Apple Card Is in Sight
The Apple Card was a good idea when Barclaycard launched it. It showed promise when Goldman Sachs (GS) took it on. Now, it appears to be headed to Chase, where it will likely be re-engineered into a profitable card program—one that benefits the broader Chase organization, and not least of which is protecting its No. […]
Turning Fraud Disputes Into a Win for Banks
Financial institutions are among the most trusted entities in the world. Consumers believe their banks act in their best interests—especially when it comes to protecting them from fraud. They expect strong, effective solutions that support their everyday financial activities, safeguard their accounts, and secure their identities. But trust isn’t automatic—it must be earned. Nowhere is […]