With higher interest rates a widely predicted factor in our financial future, Fintech banking products are set to proliferate in the retail savings area. We’ve reported recent developments – and on banking products they must not be confused with P2P loan offerings of the type furnished on this platform – and will continue to do […]
It seems that things have moved on, in a positive way, from the publication of the Kalifa Review early last year. We reported here on Kalifa’s findings at the time. Now the strength of the UK FinTech offering is widening its powerbase from London to other parts of the UK. Our friends at Altfi report […]
Cryptos are making their way onto our screens and into our wallets… Our friends at Altfi report two developments. The first is an infrastructure fund, which does not invest directly into cryptos but in the companies that service the industry (exchanges and the like). The second is a more sophisticated play directly into Bitcoin and […]
The digital revolution and the opening up of the baking market to “challenger” banks is one of the major financial trends. But it can be overdone – as a cautionary tale from the US, reported by our friends at Altfi, illustrates. The business of handling open banking data can be a messy one, as demonstrated […]
Rapidly expanding new asset class, or dangerous speculative gold rush? Cryptocurrencies have been grabbing the headlines with the wild fluctuations of the prices of its leading players. That’s attracted attention and big speculative – without, as speculation implies, necessarily an appreciation of the risks involved. The UK government is now moving to make it more […]
Bright new digital dawns are the theme of the early part of the year. But the flip side is the possibility of dark night, as reported by our friends at Altfi, who examine the risks inherent in the digital technology embraced by challenger banks. Concerns are growing that an Amazon Web Services (AWS) outage could one day take […]
The peer-to-peer (P2P) lending section of the alternative-finance sector continues to evolve. Our strategy of niche lending here at Money&Co. is clear, as evidenced by this recent News report. Our friends at Altfi report the latest developments in the P2P sector: Lending Works, one of the oldest UK peer-to-peer lending platforms, is exiting the retail funding […]
Today we bring news of the latest step along the evolutionary path that is bringing convergence between mainstream finance and the alternative-finance sector. Our friends at Altfi report a significant development: The pioneer of peer-to-peer lending Zopa is to shut its P2P platform after 16 years in a bid to focus on its growing bank and credit […]
The UK’s leading financial regulator the Financial Conduct Authority (FCA) has introduced a liberal measure that many in the industry see as a major stimulus for the growth of open banking. This will see further convergence between the alternative-finance sector and the mainstream. Our friends at Altfi report: [The FCA] is looking to scrap a key […]
The digital tanks are finally parking on the lawns of our high streets. Our friends at Altfi report a major consumer development: Next year dozens of high street stores will start offering crypto cashback on purchases, including Ocado, Homebase and Boots. They’ll be doing it with the help of UK listed fintech Mode, which helps […]