Tag Archives: mainstream banking

Banks Have Far To Go In Love-Hate FinTech Relationship – Plus Loan Latest

The mainstream of financial services has a love-hate relationship with those in alternative finance. It’s a familiar tale of the establishment seeking to assimilate the rebels and smooth off the rough edges. The early days of many FinTech companies saw a weird relationship with the banks, who simultaneously courted and envied their success -and attempted […]

SME Funding Platform Shuttered – Plus New Loan Offer Latest

A new snippet of news from the mainstream of financial-services sector reinforces a growing trend we’ve noticed. The mainstream is much better at buying FinTech operations than it is at setting up its own businesses in the sector. This story comes from our friends at AltFi: NatWest has closed Esme Loans, a standalone lending platform it launched […]

FinTech – A New Age Of Collaboration (Or Maybe Acquisition) Ahead

Cynics might file this one under: “Believe it when I see it.” This latest governmental initiative might work, but we expect more of the same – FinTech acquisitions by mainstream banks when they like the look of the asset prices. Finextra carries the story: Some of the UK’s biggest banks have signed a government-backed pledge […]

Banks Look To FinTech “To Meet Customer Needs” – Plus Loan Latest

The ritual danced between alternative finance and the mainstream continues. Our own peer-to-peer (P2P) lending sector is at the fore of this process. Here’s just one of many reports carried in News over the past five years. The latest news is carried by our friends at P2P Finance News, which looks at recent research indicating […]

Death Of Mainstream Banking? We Couldn’t Possibly Comment…

Mark Twain famously claimed that reports of his death were exaggerated. And we have to say that it is at least premature to suggest that the traditional banking model defunct? Nevertheless, The Market mogul asks whether “the main lending banks set for a headlong retreat from the SME banking market… “It is claimed that 74% of […]