The EU’s regulators are querying the use of blockchain technology in the creation of a European Single Access Point (Esap). Esap will be a platform “for company financial and sustainable investment information”. The sceptic in us asks whether the reasons for concern – as set out below in a report from our friends at Finextra […]
If FinTech is the future of finance – we would argue it’s already the vivid present – then projects like the one reported below are to be welcomed. Private-sector and government partnerships have a somewhat patchy history (bounceback loans (a good idea), for example, are set to bring chaos over the coming months and years). […]
We’ve long argues that Fintech needs to be seen as a legitimate, investable asset by the likes of institutional investment and pension-fund managers. Following last week’s publication of the Kalifa report on FinTech there’s plenty of support for this argument. AltFi makes its own case here: To put it mildly, fintech companies haven’t struggled for […]
Ron Kalifa, a non-executive director of the Court of Directors at the Bank of England and the vice-chairman of WorldPay, has produced a long-awaited report on FinTech. Below we offer a snippet of coverage by our friends at AltFi. The executive summary can be found here. The full report can be found here. In a move that […]
The ill wind of Covid is blowing some good in the direction of the high-tech end of the financial services industry. Our friends at Finextra report this in almost exactly these words, as they bring news of a potential IPO at Atom Bank: The UK’s first app-only bank Atom is to raise £40 million from […]
If the Bank of England’s Monetary Policy Report is right, there’s some £125 billion lying around the back of the UK’s savings sofa. During the pandemic crisis, we’ve stayed in and done little. Those households with income have found themselves with accumulated cash. We reported here on Goldman Sachs’ attempt to get some of that, […]
New research on the FinTech sector calls to mind an old but useful saw: Necessity is the mother of invention. Calls for funding for research and innovation in the sector are perhaps a little shrill. If the spirit of innovation is as strong as some make out, FinTechs will find their way. It’s certainly the […]
Here’s the latest set of prognostications from our friends at Crowdfundinsider. As we’ve already pointed out, we believe 2021 will be the year of the digital token. A major sideshow will be Decentralised Finance (DeFi) which we find, frankly, difficult to understand… Bitcoin to Be Used More Often As Store of Value While other digital […]
As promised, there’s more from the bitcoin-led assault on mainstream finance. This set of prognostication comes from our friends at Crowdfundinsider. Tomorrow we’ll be visiting the regulation of cryptos and digital tokens, plus the emergence of Decentralised Finance (DeFi). Bitcoin (BTC) and other cryptocurrency platforms such as Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Binance […]
As reported in the Money Matters blog at the end of the year, tokenisation looks to be a massive area of growth for the Fintech sector in 2021. For the next few days, we’ll be focusing on this exciting area. Our friends at Finextra offer this report: Top US banking regulator, the Office of the […]