The Crypto, Fintech, and Banking Meetup was a chance for keen industry insiders to get back to a level of normal.
AltFi reports on recent developments affecting the marketplace lending industry; discusses challenges at RateSetter and platform changes at Zopa and Funding Circle; also notes that UK regulators may be seeking increased transparency through new regulations; argues against criticism that platforms are struggling for borrowers and shows origination volume growth since 2005. Source
The Financial Conduct Authority is proposing new rules for those that offer cash savings; under the plans, financial institutions will...
On Tuesday, Robinhood, a major US commission-free stock trading and investing app, announced that it reached an agreement to acquire London-based fintech app Ziglu.
I don’t talk about Brexit much. As a Remainer, I was gutted Britain voted to leave. That was six years ago. Today is the sixth anniversary of that 2016 vote. In 2018, I left Britain to live in Europe.
Wirecard is a German payments provider that has helped to set up the current boom in fintech and banking apps in Britain; Wirecard is seen as the infrastructure behind many fintech startups that have raised hundreds of millions of pounds in the UK; companies use Wirecard to sublet their banking license and because they are able to issue cards from Visa and Mastercard. Source
UBS has partnered with Amazon to utilize Amazon's Alexa artificial intelligence (AI) for a pilot program with wealth management clients in the UK; Alexa will provide answers on inquiries about wealth management topics and the economy for clients through several devices; the partnership follows a trend toward use of artificial intelligence in the wealth management industry and a deal by UBS with robo adviser SigFig for account services; Alexa's AI capabilities offer a cost efficient way to provide information and standardized advice for wealth management clients. Source
PayPal has had a buy now pay later product since 2008 but the sector is having a moment during the...
One quarter into 2022 and earnings from top fintech public companies are not pretty: regardless of revenue, prices crashed.
The Financial Conduct Authority (FCA), the United Kingdom's financial industry watchdog, has raised the alarm on advanced forex trading platform, Profit FX.