Tag Archives: FCA

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 […]

FCA FinTech Sandbox A Success, So Far

One of the recurring stories in alternative finance – especially in cryptocurrencies – has been the struggle of regulators to keep up with the pace of innovation. The authorities have done much better in keep a vigilant bur benign eye on what one might call “mainstream digital” finance – challenger, digital banks are a prime […]

FCA Research Shows Increased Interest In Cryptos – Plus Loan Latest

Well, at the risk of repeating ourselves… today sees yet more news of the rise of cryptocurrencies, as reported by our friends at Finextra. Here’s an excerpt: New research from the UK’s Financial Conduct Authority has found that excitement about the rising valuations attached to cryptocurrencies has firmly penetrated the retail consumer market. Overall, public […]

Mainstream To Take AltFi Sector On Trust

The ever-changing world of Alternative Finance raises all sorts of issues as it rushes headlong towards the mainstream. To complete that journey the world at large must place its trust in the new-fangles sub-sector. Our friends at AltFi opine on the topic of trust in FinTech. The question of consumer trust in financial services came […]

A FinTech Regulatory Tale With a Potentially Happy Ending

The FCA has been busy taking care of the fast-changing Fintech sector. The regulator has good reason to be vigilant. Our friends at AltFi run a tale with what looks like a happy ending. Lanistar, a new fintech start-up with big ambitions and some controversy, has been approved by the Financial Conduct Authority to provide payments services.  […]

London And FCA point FinTech Sector To Digital Sandbox

Build it, and they will come. Further proof were it needed, that the FinTech sector is a giant experiment in, amongst other things supply-side development, comes with the latest announcement from the top financial watch dog, the Financial Conduct Authority (FCA). Our friends at Finextra report: The Financial Conduct Authority and the City of London […]

FinTechs Jockey For Favourable Consumer Credit Position

The wait-and-see period continues. As we deal with the second Covid-19 wave and wait for vaccine rollout there’s much belt-tightening and general preparation for the battle to come in a world that reverts to the new version of “normal”. In FinTech, we’re seeing plenty of jockeying for position. AltFi reports the latest: London-based Zilch has today become […]

The Search For FinTech Investment: FCA Pushes Institutional Route

The FinTech sector is agile and far less affected by the horrors of Covid-19 than many more mainstream sectors of the economy. Nevertheless, many FinTechs are seeking niche business models, often involving secured lending (in the case of direct lenders) and are looking for consolidation and to bolster their capital reserves. News reaches us from […]

FCA New Register Seeks To Limit Financial Harm

The Financial Conduct Authority (FCA) has attracted a lot of criticism for its oversight (or alleged lack thereof) of financial marketing. The investors in the failed London Capital & Finance (LCF) are rightly incandescent with rage at the loss of so much of their money – and much of the investors’ ire has been directed […]