It may not be the coming thing, but it is a thing that is certainly coming. Central banks around the world are set to launch their own digital currencies. In 2018, the preparation was done for a “Britcoin” launched by the Bank of England. The product is wrapped up in metaphorical cling film, and ready […]
Today, we bring you a story of the rise of the FinTech robots in Europe. Of course, whether there’s anything to rise over will depend on how we come through the latest crisis, as Covid-19’s second wave and a dark winter draw one. Fingers crossed. Here’s an excerpt from the story reported by Finextra. Deutsche […]
Today, two snapshots of the wild world created by Covid-19. We leave you to decide which scenario you find more credible. First, fine words from the British Business Bank. AltFi reports: Fintechs will be “even more important” coming out of lockdown than they were during lockdown helping smaller businesses return to normality, according to the British Business […]
Cynics might file this one under: “Believe it when I see it.” This latest governmental initiative might work, but we expect more of the same – FinTech acquisitions by mainstream banks when they like the look of the asset prices. Finextra carries the story: Some of the UK’s biggest banks have signed a government-backed pledge […]
The autumn term is upon us. Along with winter, the longer-term effects of the Covid-19 virus will create a chill climate of its own. This autumn will see a series of consolidations, as business models focus on proven niche markets, and assets get snapped up at bargain prices. Here are a couple of examples of […]
For years now, it’s been possible to buy a train ticket in Switzerland at a machine that deals in fiat currency and Bitcoin. Japanese employees have been able to opt for part of their remuneration to be in Bitcoin or other digital tokens. Now, the parallel alternative system comes a step closer to the mainstream. […]
We fear there may be quite a few stories like today’s in the news pipeline. Citing Brexit and Covid complications, the Finnish fintech says all Holvi accounts in the UK will expire on 31 October 2020. Our friends at Finextra report: “The UK is a challenging market – and at the beginning of the year […]
Politicians seem to be doing their best to put up barriers to international trade, but the innovators in the FinTech sector are having none of it. He latest example of fearless buccaneering across national borders comes from a former member of the fast-expanding international challenger bank, Revolut. The newly launched Sync. looks like an interesting […]
In the grand scheme of changes effected by the pandemic crisis, working from home is far more widely accepted than before. Put another way, Covid claims a victim in the FinTech resources space. Our friends at Finextra report: London’s TechHub has been forced into administration due to a revenue drain from startups feeling the pain […]
Metro Bank’s arrival on the UK scene ten years ago was a breath of fresh air. Branch-based, people-focused, and even dog-friendly (water bowls and treats in branches), Metro was… retro, and pleasingly so. Now, however, the Twenty-First Century has caught up with the bank, which is looking to enhance its digital offerings. Our friends at […]