There’s a whole host of news about non-fungible tokens, the digital vehicles being used to promote what is effectively a new market in art, but we’ll reprise events there next week. Meanwhile, here’s news of an industry projection of the future of banking and alternative-financial services. Our friends at Crowdfundinsider report: Ten of the United […]
The challenger banks have issued their challenge and are engaging in battle. The latest news on the leader of the challenger banks, Revolut, is reported by our friends at AltFi. In a post-Brexit world, the banking launch is a two-stage process. There’s much more news to come from this part of the financial-services world. Revolut has […]
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: […]
Banking as we know it is set to change. Maybe, just maybe, mainstream banks will begin to offer better returns on their deposit accounts one day (tricky, though that is, given their overheads). If they ever get there, the alternative finance sector, with FinTech in the form of digital banks, will lead the charge. Our […]
We bring news – the last for some time, unless there’s a new, catalysmic event – of more Brexit-induced doings in the market. Our friends at AltFi report: Following the announcement that N26 was leaving the UK, apparently due to regulatory issues relating to Brexit, digital banks saw a surge in transfers and customers from the German […]