Monthly Archives: September 2021

Banks Reap Trust Dividend – Plus Loan Latest

The pandemic does have a silver lining – albeit a very faint one. Trust in UK banks has risen over the past year, according to research conducted by our friends at AltFi. Despite the financial uncertainty prompted by the pandemic, across several different areas trust appears to be rising both in neo banks such as Monzo and Starling […]

Open Banking In UK Gets ‘Hurry Up’ Call

The UK’s progress in developing open banking comes in for some implicit criticism in this piece by our friends at Altfi, who look abroad for comparisons. Action is required to avoid the UK falling behind other open banking regimes like Australia and South Korea, according to policy group Coadec. The UK’s open banking industry, which […]

Digital Wallet Study Presages Future Of Money Transactions

The future is almost with us. Our friends at Finextra run a report on the biggest study of mobile wallets – the digital devices that store cryptocurrencies – in the world. Released by payments fintech Boku, with data from Juniper Research, the research reveals that Europe will be home to four of the ten fastest-growing countries for […]

FCA And BoE Launch Blockchain-Based Reporting Initiative

The word “blockchain” was once used as a marketing gimmick for companies pivoting into an ill-understood, gimmicky world. But blockchain technology is a good way of organising information without reference to a central agent. And that’s now official – the regulatory authorities are using it in an innovative way. Our friends at Finextra report: The […]

Trade Associations Seek To Shape Crypto Framework – Plus Loan Latest

The mainstream of the financial world is moving as fast and as far as it can to accommodate the irresistible advance of cryptocurrencies. Our friends at Finextra report: A group of trade associations have called on the Basel Committee on Banking Supervision to revise its proposed punitive rules on investments in crypto assets by financial […]

JP Morgan Launches Digital Banking – Plus Loan Latest

The FinTech sector continues to expand. Part of that process of expansion is the incursion of the mainstream into the sector. Our friends at Finextra report the latest: JP Morgan is set to open the virtual doors to its long-awaited UK digital retail bank next week. The digital-only lender will initially offer current accounts with […]