#banking

Rockit CEO Sarune Smalakyte pictured during an interview with AFP at the Rockit office hub for fintech founders in Vilnius on February 12, 2021. Photo: Petras Malukas / AFP
Rockit CEO Sarune Smalakyte pictured dur... […]

UK fintechs seek ‘cure for Brexit’ in Lithuania

Due in part to Brexit, Lithuania is becoming a fintech hub as a growing number of UK-linked digital financial companies get licences there so they can continue to operate in the EU
From January 1, 2021, following the end of the transition period, UK banks will be deprived of their "passporting" rights that have allowed them to offer services across the European Union. Photo: Tolga Akmen / AFP
From January 1, 2021, following the end ... […]

UK expats count Brexit impact as banks shut accounts

For Roger Morton and his wife living in France -- and many other UK expats across the European Union -- Brexit is causing the closure of their British banking services
A photo taken on February 5, 2013 in Marseille shows credit cards. French police has arrested, early this morning in Paris and in several French and overseas departments, 22 people in connection with the trade of credit cards numbers on internet. AFP PHOTO / ANNE-CHRISTINE POUJOULAT (Photo by ANNE-CHRISTINE POUJOULAT / AFP)
A photo taken on February 5, 2013 in Mar... […]

European banks team up to offer alternative to Visa, Mastercard

European banks have teamed up to deliver by 2022 a new unified payment system that will offer consumers cards and digital wallets that could offer a serious alternative to Visa and Mastercard
A man and a woman look towards the financial district of Canary Wharf in east London from Greenwich Park, on January 17, 2017. Photo: Ben Stansall / AFP
A man and a woman look towards the finan... […]

Women face uphill wage battle in British finance sector

There had never been much doubt that in London's financial district female workers' salaries lagged behind those of their mostly male colleagues. Now this has been confirmed with data.