The financial services industry is undergoing significant transformation, driven by advancements in technology and evolving customer expectations. In an effort to streamline and improve the account opening process, Finastra, a global financial services software provider, has partnered with Prelim,
The financial landscape in the UK is undergoing a seismic shift. The announcement of the Halifax bank branch in Bulwell, Nottinghamshire, closing its doors in January 2025 marks another chapter in the story of traditional banking's decline. As digital banking becomes more prevalent, the
In a significant move reflecting the digital transformation of the banking industry, Lloyds Bank on Finkle Street and Halifax on Highgate in Kendal are set to close their doors on February 10, 2025. The closure decision stems from a dramatic decline in physical visits as an increasing number of
In the ever-evolving landscape of the UK banking and savings market, 2024 is seeing remarkable trends and developments that are reshaping consumer behavior and financial product offerings. This year’s main focus revolves around enticing consumer offers, competitive interest rates, and significant r
In a digital age where online banking has become a cornerstone of everyday financial transactions, recent outages have sparked considerable frustration among consumers. The increasing frequency of these disruptions affecting major financial institutions like NatWest, Bank of Scotland, and Virgin
As the median age of Generation Z hits 20, many are transitioning from their initial banking experiences to establishing long-term relationships with financial institutions. This pivotal phase presents a unique opportunity for banks to win over this tech-savvy generation, whose preferences are
