News and Insights

The Savings Challenge   With rising living costs and stagnant wages, saving money is more challenging than ever—especially for Millennials and Gen Z. Unlike previous generations, they don’t have the same financial stability or savings habits. Yet, banks, building societies, and credit unions continue to focus on traditional deposit models that cater to older generations.

With the cost of motoring rising faster than inflation and vehicle prices—both new and used—continuing to climb, consumers are increasingly turning to finance when purchasing their next car. At the same time, ongoing financial pressures mean customers are more inclined to shop around for the best possible deal. Acquiring new customers is already a challenge,

United Kingdom, 2025 – Fintilect, a leader in financial technology and intelligence solutions, has been recognised at the esteemed UK Finance Awards 2025 by SME News Magazine. The company has proudly secured two prestigious accolades: Best AI-Driven Banking Experience Platform 2024 and SME Client Service Excellence Award 2024. This recognition underscores Fintilect’s unwavering commitment to

Wealth management is one of the many branches of the overall financial services sector that is undergoing rapid evolution. This wholesale change is being driven by multiple factors; everything from technology to ESG, and from changing client demographics to a constantly changing regulatory framework. However, arguably the biggest change is being driven by digital transformation

Fintilect has appointed fintech expert Richard Fraser as a non-executive director as it continues to deliver the most advanced, AI-powered hyper-personalized digital banking experiences available in the market today. Richard, who has over 45 years’ experience within the financial technology sector, will work alongside the Fintilect leadership team to launch new solutions for banks, building

Hyper-personalization is fast becoming a core component of the financial services industry, It has risen rapidly in prominence thanks to the emergence of machine learning and AI technologies, allowing banks to tailor their offering specifically to customers and their exact requests. Indeed, harnessed correctly, hyper-personalization can enable financial services providers to interact with their customers

Fintilect, the specialist hyper-personalized digital banking software provider, has partnered with DF Capital to provide full online self-serve functionality for its suite of business savings accounts for small and medium sized enterprises (SMEs). The introduction of online functionality for these accounts follows the successful 2021 launch of full online functionality for DF Capital’s personal savings

To say that the fintech market is rapidly growing could well be one of the biggest understatements ever witnessed. Indeed, research highlights the staggering growth that the global fintech market is expected to undergo. It attained a value of approximately USD 194.1 billion in 2022 and is expected to grow from 2023 to 2028 at

The banking landscape today across the entire globe bears very little resemblance to what it looked like even a few years ago. Indeed, it is fair to say it never stands still – and continues to change, constantly. The common denominator behind this change is, of course, technology. The rise of online banking, digital-only banks,