Tag Archives: convergence

Mainstream And Alternative Finance Sectors Continue Down Convergence Path

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 […]

A New Licence To Bank, As Mainstream And AltFi Convergence Continues

Today, we bring you a new snippet from the running theme as reported in this News section of convergence between the mainstream and the alternative-finance sector, with the announcement of the grant of a new banking licence. Our friends at AltFi report: SME credit card lender Cashplus is now a full-on SME bank.  This morning the Prudential […]

Digital Convergence Latest: P2P And Challenger Banks

Thanks to our friends at AltFi for the latest report on the convergence of mainstream and “alternative” finance. The over-used epithet “disruption” really does apply to financial technology. Administration and credit analysis are both massively enhanced by the advent of cutting-edge technology. For now, at least, big data and artificial intelligence alone are not enough […]