According to the Nation of Angels study by the UK Business Angels Association Fund and Centre for Entrepreneurs, financial technology is delivering the highest growth out of any industry and is the most lucrative sector for angel investment.
The study, which is also supported by the BVCA, Deliotte, Barclays and ESRC, features survey responses... read more
More than half of all global retail banking was done online or via mobile last year by consumers accustomed to sophisticated online experiences. Digitally-savvy Generation Y may have led the charge, but most customers now expect their banks to provide the convenience of omni-channel banking. Be it a smartphone app to pay bills or branch staff... read more
Visa Europe is accelerating the growth of digital payments by investing over €200m in new payment technologies.
The announcement comes after a record number of transaction volumes were reported in 2014, including a 9 per cent growth year-on-year to €1.9bn and profits of €344m which is €80m higher than 2013. Also, for the... read more
1. Technology trends from the consumer world will drive incremental shifts for investment managers in 2015
Major paradigm shifts in consumer technology have changed the way we manage our personal lives and have already made significant disruptions in some industries. And while the financial services space takes a more conservative approach to... read more
On Tuesday morning at the London Stock Exchange, a small crowd of VCs, private equity firms, investors, early-stage tech founders, corporate venture funds and representatives from the LSE and British Business Bank gathered together in a room for the “Bootstrap to IPO: Redefining Finance in a Brave New World of Finance” event, all eager... read more
Ant Financial, the finance arm of Chinese ecommerce group Alibaba, has launched a credit rating system which utilises the group’s vast amount of user data. The launch of Sesame Credit Management comes at time when the Chinese government is driving an initiative to expand financing for both consumers and small businesses.
The FT reports... read more
In 2011 global regulators embarked on an initiative to achieve standardisation and transparency in the over-the-counter (OTC) derivatives market. As part of this initiative global regulators developed new regulatory requirements leading to the creation of trade repositories (TR) across the globe. Participants now required to provide... read more
Number26, a US banking start-up which is owned by Spanish Bank BBVA, launched their mobile banking service in Germany and Austria yesterday.
After a successful beta launch at TechCrunch Disrupt London last year, Number26 offers a mobile bank account for both iPhone and smartphone users and claims to provide a solution to traditional European... read more
Last week I wrote about the rise of new, disruptive financial institutions that specialise in only one thing but do this extremely well, just like smartphone apps – one click and your requirement is met. This specialisation allows them to concentrate on the user experience and woo customers with their funky interfaces and frictionless... read more