The trend towards convergence between mainstream and digital banking is well established – and regularly reported in this News site. But whose business model is changing? Are the mainstream banks adapting to the digital way of doing business, or is it the other way around? News brought by our friends at Altfi indicates that the […]
In the current climate of hyper-vigilance, many commentators note a couple of data points and then extrapolate wild conclusions: an uptick means all is well, a bad moment indicates a gloomy end. A more measured approach comes from Accenture – whose full survey of contemporary FinTech health is well worth a read. Despite the global coronavirus pandemic, FinTech […]
Peer-to-peer (P2P) business crowdfunders are the new kids on the financial-services block. The P2P sector is fast-growing, and is regarded by many as the future of finance. Our friends at P2P Finance News report a survey that indicates the challenges facing mainstream banking and financial survey. We agree, but also think that P2P cannot be […]
A new report from consultants, Accenture, shows explosive growth in the financial technology (FinTech) sector. Accenture believes that a “digital revolution in financial services is under way”. Money&Co., as a peer-to-peer business lender in the crowdfunding sector, is right at the heart of this movement. Fintech Innovation Lab London carries the report: “Investment in financial-technology (fintech) […]