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Monument’s Ian Rand on Why Simplified Banking Models Aren’t as Effective as Banks Think They Are
We sat with Ian Rand, the CEO of UK neobank, Monument, to talk about building an institution for the mass affluent and the way banks operate now that they are slowly disappearing from the high street. For Rand, there has been a big focus on automation and simplification, which is great for customers with simple needs but falls short for those with more complex needs in lending and deposits.
Companies In This Post
- Hidden Costs of Legacy Tech: UK Banks Shelling Out £3.3bn Annually on Managing Core Systems Read more
- Extend Secures $20 Million in New Capital and Hires Seasoned CFO Read more
- Bivial AG launches Instant 24/7 Swiss Franc (CHF) Payments Read more
- New Economist Impact Report Finds AI is Reshaping Insurance – Gradually Read more
- VoPay Expands Embedded Payments Offering with Real-Time PayPal and Venmo Payouts Read more
Hidden Costs of Legacy Tech: UK Banks Shelling Out £3.3bn Annually on Managing Core Systems
SaaScada released a new report exposing the spiralling costs and failures of outdated core platforms
Bolt Launches Activate, a Founder-First Program to Accelerate Growth in Digital Commerce
Bolt has launched Bolt Activate, a new program designed to help the next generation of innovative digital commerce founders
First Fed Bank Launches Apiture for Elevated Business Banking Experience
Apiture, a leading provider of digital banking solutions, today announced that First Fed Bank, a trusted Washington institution since 1923 with $2 billion in assets and a commitment to local impact, has launched the Apiture Digital Banking Platform to enhance the online and mobile banking experience for its business customers.
Exabeam and Cribl Partner to Power Scalable, High-Fidelity Threat Detection with Next-Gen Data Pipelines
Exabeam, a global leader in intelligence and automation that powers security operations, and Cribl, the Data Engine for IT and Security, has announced an evolution of their strategic partnership designed to break the trade-off between cost and visibility.
FintechOS and Tech Mahindra Partner to Modernize Core Systems for Financial Institutions Globally
FintechOS announced a partnership with Tech Mahindra to eliver accelerated core modernization and next-generation digital experiences for financial institutions
MCO Strengthens Compliance Oversight for Financial Services Firms and Banks
MCO continues to deliver on its commitment to helping financial services firms and banks strengthen governance
Generative AI and Fraud Analytics Emerge As Top Priorities for 92% Employees; Reveals FSS Data
Financial Software and Systems (FSS), a global bank-tech and payment processing company, today announced a landmark achievement: it has become the first in the industry to ensure a 100% AI-literate workforce of over 1,500 employees.
Hidden Costs of Legacy Tech: UK Banks Shelling Out £3.3bn Annually on Managing Core Systems
SaaScada released a new report exposing the spiralling costs and failures of outdated core platforms
Extend Secures $20 Million in New Capital and Hires Seasoned CFO
Extend, a leading spend and expense management platform, announced it has secured $20 million in additional capital
Bivial AG launches Instant 24/7 Swiss Franc (CHF) Payments
Bivial AG has launched instant 24/7 CHF payments through the SIC Instant Payments (SIC IP) clearing system
New Economist Impact Report Finds AI is Reshaping Insurance – Gradually
Insurance leaders are beginning to see AI move from hype to real-world impact
VoPay Expands Embedded Payments Offering with Real-Time PayPal and Venmo Payouts
VoPay announced an extension of its payment orchestration platform with real-time payouts to PayPal and Venmo
Bolt Launches Activate, a Founder-First Program to Accelerate Growth in Digital Commerce
Bolt has launched Bolt Activate, a new program designed to help the next generation of innovative digital commerce founders
UPI Launches Program to Extend Payment Network for International Students
UPI announced the launch of its program for international students featuring a comprehensive, one-stop cross-border payment solution