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 […]
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 […]
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, […]
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 […]
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: […]
As we reported earlier this month, the nature of money is changing. Travellers’ cheques are already ancient history, cash is on the way out – and the way monetary systems are organised seem highly likely to be next. Here’s an extract from a report here a couple of weeks ago: It may not be the […]
What a hectic year it’s been. The Covid-19 crisis, and its politicisation, have led to remarkable structural uncertainties playing havoc with the mainstream investment markets. Although quoted US equities have largely recovered from the Covid crash of this Spring, the UK markets are still no more than halfway to recouping their losses. In the shadow […]
Pushing against an open door is all very well. What happens if the room behind the open door is empty? This is a topic of considerable interest to us here at Money&Co., as we pursue more traditional methods of entry into the banking system. Our friends at Finextra offer a couple of reports – one […]