We have asked in these News pages whether the open door to open banking might lead to an empty room. The room is definitely not empty, as the queue to get in lengthens steadily. Our friends at AltFi report the latest: Trade Ledger, an open banking fintech helping banks and alternative lenders make credit decisions, has […]
The liberalisation of the financial-services sector continues apace. Will this latest innovation later be decried as a loophole? The protocol of Know Your Client is being tested for elasticity, if not strength and durability here. Our friends at Finextra report: UK challenger banking app Dozens has enlisted Open Banking outfit Bud to let prospective customers […]
More signs of the intense competition – or should that be undignified scramble? – that is the urge to get in to the modern banking space. Our friends at AltFi run a report containing a couple of bouquets – and a brickbat for a leading player: Open banking provider Yapily has today exposed the range of open […]
Pushing against an open door is all very well. What happens if the room behind the open door is empty? This is a topic of considerable interest to us here at Money&Co., as we pursue more traditional methods of entry into the banking system. Our friends at Finextra offer a couple of reports – one […]
Much of the UK economy has opted for the state of self-induced coma. We’re very pleased to say that our own financial technology sector is the exception to this rule. Much of FinTech’s world is online. So it’s business pretty much as usual – including this new launch, news of which is brought to us […]
Open banking was initially focused primarily on individual consumers. Now, as the still-young sector begins to mature, some operators are moving towards the small-business market. As lending platforms, we are doing our best to cater for the gaps left by mainstream banks – but there is still unmet demand. Our friends at AltFi take up […]
While the asset side of the alternative finance market – both equity and debt – still has a way to go before it’s fully accepted, alternative banking is going well. Our friends at AltFi report: German digital bank N26 is currently leading the European challengers in the US digital banking landgrab, taking nearly 50,000 downloads for the […]
It’s Individual Savings Account (ISA) season. The main preoccupation of peer-to-peer (P2P) lenders such as Money&Co. is to make individual investors aware of the benefits and risks of P2P loans ahead of the end of the tax year on 4th April. As we saw in yesterday’s News story, the P2P asset class is not necessarily […]
Conventional wisdom currently has it that that a new era of open banking is set to bring great benefits to the alternative finance lending sector. As a player in this market, we naturally keep our eyes and ears open to developments – and bring you an interesting report from our friends at P2P Finance […]