FINANCE & BANKING

UK and European banks face uncertainty over what might have to be renegotiated post-Brexit.

What the papers say: The Bank of England's halving of its interest rate continues to make savers suffer.

Bank of England's decision to cut interest rates is welcome news for homeowners, but it will do little to make life easy for first-time buyers.

Many banks yet to reveal stance on standard variable rate products.

Arshak Navruzyan, founder of Startup.ML, has been applying machine learning to quantitative finance problems.

This is in stark contrast to the £2.2m profit it had reported in the same period last year.

While merchandise revenues grew 4.9% from last year, services revenue increased 43.4%.

Some 25 big names in Bitcoin have joined the RSK Federation.

Next CEO Lord Wolfson said the company could be forced to increase prices of its goods next year.

The deal integrates LexisNexis Risk Solutions AML risk management data into Elliptic's Bitcoin transaction monitoring.

Hackers have stolen some 119,756 bitcoin or about $65m in cash at current prices.

Losses due to fraud on credit and debit cards in Britain rose by 18% to £492m last year, study shows.

Labour leadership challenger will unveil major policy during speech to supporters in Milton Keynes.

Hundreds of global remittance companies forced to cease transfers while Western Union, MoneyGram and Ria continue.

Despite the decline, the company's shares were trading higher as profits beat its own consensus estimates.

Thomson Reuters joins the global network of R3 partners united in its lab environment, the R3 Lab and Research Centre.

The decline is attributed to the negative interest rate environment and cautious attitude of customers.

PwC's Belfast-based blockchain technology team worked with Z/Yen in undertaking the global industry survey.

The Crown Commercial Service (CCS) awarded a place on the G-Cloud 8 framework agreement to Credits.

Charity uses research by Heriot-Watt and Loughborough Universities to make estimate.

Rising inflation, rock-bottom interest rates and Brexit worries mean savings may be worth less than you think.

Kavout, which boasts former Google and Microsoft engineers, combines signals from a range of categories.

Alphabet posts revenues of $21.5bn for the second quarter, up 21% year-on-year.

This decline is amid exceptional charges of £319m, relating to the South Korea humidifier sterilisers issue.

Amazon reported a 31% increase in net sales to $30.4bn for the second quarter.

The Smart Contracts Alliance will be co-chaired by Mark Smith, CEO of Symbiont, and Sean Murphy, Partner at Norton Rose Fulbright,

The British business services group says it made 20 acquisitions until 30 June.

It reported a 45% decline in reported EPS amid restructuring charges related to its cost reduction programme.

Users would be required to register their details with an EU-wide database accessible to intelligence services.