Tag Archives: banking licence

Another One Bites At Banking Licence – AltFi Going Mainstream

The ever-changing banking sector is where it’s at, folks. As regular visitors to this News site will know, a banking licence is on the horizon for this particular alternative-finance niche lender – and this is all part of the phenomenon of the alternative sector morphing into the mainstream. Our friends at Altfi report a development […]

US Moves To Block Challenger Bank – Plus Loan Latest

There have been several moves to crack down on alternative finance in the United States (the regulators have threatened lawsuits against various cryptocurrencies, etc). And entry to the mainstream market in banking is very jealously guarded. Our friends at Altfi bring the latest news. Banking licences are famously difficult to get, particularly when you are […]

JP Morgan Launches Digital Banking – Plus Loan Latest

The FinTech sector continues to expand. Part of that process of expansion is the incursion of the mainstream into the sector. Our friends at Finextra report the latest: JP Morgan is set to open the virtual doors to its long-awaited UK digital retail bank next week. The digital-only lender will initially offer current accounts with […]

Another FinTech Heads Down Banking Path

The paths of the mainstream and alternative finance sectors are converging. Major institutions continue to demonstrate a healthy appetite for FinTech companies. Meanwhile, many of those FinTech companies are knocking on the door of mainstream acceptance all on their own. Our friends at Altfi bring the latest news of the payments and crypto app Circle , which […]

Cough, Sneezes – And FinTech’s Latest Wheezes

While the world coughs and worries, FinTech and digital banking move on. As regular readers know, Money&Co. is headed in this direction… We’ll leave out friends at CityA.M. to report the latest. Digital bank Monzo has today launched its business bank accounts to the wider public, introducing a free-to-use Lite account and a paid-for Pro […]

Government Ring-Fences P2P From Banking Bureaucracy – Plus Loans Latest

Banking is a tricky and complicated business involving lots of paper and bureaucracy. Banks might try to pretend otherwise, but we all know this is so. So it’s a relief that there’s no chance of the registered lenders on this platform turning into bankers by default. Money&Co. brings lenders seeking good return on capital together […]