First, we wish or lenders borrower and readers a very happy festive period – if festive it is – and a prosperous 2021. We’ll be blogging our predictions for that year here shortly. Meanwhile, we bring an early snippet of news for next year (see below). The resurgent Bitcoin is having its own second wave. […]
There’s a big storm brewing over the resurgence of cryptocurrencies. The adoption of Bitcoin as a means of payment by the like of Paypal has prompted some panicky measures by central government and their regulators. Finextra reports a strident move by US authorities: The US Securities and Exchange Commission is gearing up to take enforcement […]
The Fintech Times reports a story that could be massive. It is certainly underrepresented, if the suit stands a chance of success: Mastercard, one of the worlds largest cards and payment solutions providers, has been accused of allegedly overcharging 46 million British consumers during a 15-year period. A £14bn damages claim on behalf of these brits […]
It is an eternal truth of the financial world: Spreading investment across asset classes and within asset classes helps to reduce investment risk. At Money&Co. we have a managed portfolio service that does just that – for investors with £100,000 or more to commit to the loan offers on site. Here’s a reminder of what’s […]
Bitcoin’s crazy journey from high to high is set to have major ramifications. There’s a whole education and training industry shaping up, for example. That’s possibly just a precursor to the massive change we’ll see if digital currencies are generally accepted as a medium of value exchange. But anyway, here’s the latest educational snippet, from […]
The FinTech sector in the UK and internationally remains a hive of activity and positivity in an uncertain world. Our friends at Finextra report: Vestrata, a new digital wealth management platform founded by eight former employees from some of the largest wealth managers in the world, has closed a $4m investment round and officially launched, […]
More signs of the intense competition – or should that be undignified scramble? – that is the urge to get in to the modern banking space. Our friends at AltFi run a report containing a couple of bouquets – and a brickbat for a leading player: Open banking provider Yapily has today exposed the range of open […]
It’s going to be an interesting year ahead. In a darkly uncertain world, our friends at AltFi offer a small light of certainty: “Without a shadow of a doubt, the battle for Open Banking supremacy is going to be one of the defining fintech stories of 2021,” they report. This nascent industry has roared into […]
A perennial classic revisited. Spreading capital exposure across a range of assets is an excellent way of lowering risk. For lenders on the Money&Co. site, investing in a portfolio of loans is good way of achieving this. Below, we set out details of an investment product that facilitates just such an outcome. Diversification in your […]
Here’s a question for you: Is Virgin Money. Once an outsider in the provision of financial services, now a mainstream player? Our answer is a resounding “yes”. It’s in that spirit that we should see this latest report on consumer attitudes to challenger and neo-bank – the giants of tomorrow… Our friends at Finextra report: […]