Tag Archives: Bank of England

FCA And BoE Launch Blockchain-Based Reporting Initiative

The word “blockchain” was once used as a marketing gimmick for companies pivoting into an ill-understood, gimmicky world. But blockchain technology is a good way of organising information without reference to a central agent. And that’s now official – the regulatory authorities are using it in an innovative way. Our friends at Finextra report: The […]

Digital Pound Proposals To Bridge Mainstream And FinTech Sectors

Welcome to a new week, with yet more news on the ever-changing Fintech sector. Although there’s a major announcement of investment in Fintech by Goldman Sachs, we think the most significant story of the day is the announcement on  central bank digital currency (CBDC) from the Chancellor. Our friends at Finextra carry the detail: Chancellor […]

Bank Governor Claims Cryptos Not Ready To Be Trusted Payment System

You may have missed it, but the annual gathering of the great and the good at the economic forum in Davos, Switzerland, is taking place. It’s all happening virtually, ie, online. There have been a couple of amusingly self-deprecating comments from senior journalist bemoaning the loss of endless refreshments. There’s also been some news, notably […]

BoE Speech To ‘Rattle Cages’ On FinTech – Plus Loan News

Our friends at Crowdfundinsider report a presentation on the future of FinTech by Bank of England governor, Mark Carney, that Crowdfundinsider expects to “rattle a few cages” in mainstream finance.   “Governor of the Bank of England, Mark Carney, has engendered much respect from the land of Fintech. An unabashed supporter of the potential for […]

Alternative Funding Is Simply Essential For SMEs And UK Growth

The Bank of England has published its Statistical Release for Money and Credit for December 2015. During the month, loans to non-financial businesses decreased by £3.7 billion compared to an average monthly decrease of £0.3 billion over the previous six month period. As a result of the sharp decline in December, the twelve-month growth rate […]

BBC Newsnight Debate: Do Bankers Really Deserve Respect?

“It is perhaps a mark of how far we’ve come since 2008 that the governor of the Bank of England can suggest that the time has come for people to start showing bankers a little respect,” opines CityA.M., commenting on Governor Mark Carney’s speech this week. That speech prompted BBC’s flagship news programme, Newsnight, to […]