'Facial scans that can calculate risk': new tools that will transform your finances - Telegraph

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Lawrence Wintermeyer, CEO of Innovate Finance, expects to see more innovators trying to tap into the unbanked and unrepresented consumer market. He said: "The firm Pockit, for example, gives customers an account and card that they can use to manage their money and make payments. Users can deposit money into their account at thousands of locations across the UK or have their salaries or benefits paid into their account. Pockit users also get cash back deals on the high street and online." So-called "challenger banks" are popping up and Monese is the latest to make waves.

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