Industry Advocates Insights
22nd February 2016
Over the past few years, the fintech scene has really exploded in the UK, with big players in the payment and alternative funding sectors taking centre stage, to the extent that London is now regarded as one of the world’s most high-profile fintech hubs.
Firstly, what is fintech?
Well, according to the site Hot Topics, “as a... read more
11th February 2016
Could 2016 be the year of the fintech enablers? More and more banks are experimenting with and investing in new technology such as blockchain, big data and machine learning algorithms. However, we are yet to see the full effects of these partnerships but day 2 at Finovate showcased many products that could provide alternative financing.
... read more
10th February 2016
Innovation in fintech has moved in a new direction in 2016 and with new players coming to the surface, the traditional sector has started to become digitally savvy after understanding that the consumer is looking for simplicity and cost effective solutions. Since the financial crisis, billions of dollars have been spent on startups in order to fund... read more
8th February 2016
“In China, you see a lot of stuff happening for the first time over the mobile and Internet platforms. China is far ahead of the rest of the world," Tim Pagett, financial-services industry leader at Deloitte China, told The Wall Street Journal. Fintech has exploded in China and many innovative startups have benefited from the... read more
5th February 2016
The FinTech Innovation Awards are now in their second year, and the judging panel is only getting more illustrious. Meet a few of the FinTech wonders selecting this year’s winners.
Chaired by Dan Cobley, this year’s prestigious line-up of judges comprises leading authorities and specialists from across the FinTech sector. Find... read more
3rd February 2016
Research suggests that the number of smartphone users worldwide will surpass 2 billion in 2016. This phenomenon has brought about both great opportunities and huge disruption in the personal banking and commerce sectors. Financial institutions now have the opportunity to engage with their customers in a highly contextual and personal manner.
... read more
2nd February 2016
With the US, Asia and Europe investing heavily in fintech, Canada is surrounded by big players in the industry, but recent reports have revealed that although the country has potential for innovation, adoption has been slow. Despite this, Ernst and Young (EY) are positive about this finding as it reminds Canadian banks that newer, sleeker products... read more
1st February 2016
Following the recent breakthrough of artificial intelligence (AI), many have been wondering how this form of technology can be implemented in the financial services. As newer products emerge, it questions how popular the traditional legacy financial institutions will remain or perhaps, fintech startups will gain an increased number of customers, in... read more
28th January 2016
Pivotl hosted their The Future of Fintech event last night which showcased a number of UK unicorns and up and coming startups to an audience of fintech entrepreneurs, investors and senior executives. Keynote speakers on the night included senior executives from TransferWise and Funding Circle and we also heard from some startups that Rise London,... read more
27th January 2016
At the end of 2015, Bank of England governor Mark Carney declared that Britain’s financial sector left post crisis period and the dust has finally settled after the downfall of Lehman Brothers. New regulations have been put in place in order to maintain control over the bosses at major banks and the threat of billions of pounds in fines and... read more