Fintech makes the world go around:

February, 2019

February 27, 2019  2:23 PM

Substantive reform to education needed to address the skills gap blighting fintechs

KarlFl40 Profile: KarlFl40

In a blog post earlier this week I got feedback from a number of finetchs about

February 26, 2019  11:24 AM

Brexit self-harm means London no longer the Holy Land for all fintech talent

KarlFl40 Profile: KarlFl40

The founder of digital challenger bank Revolut is calling for special visas for fintech professionals so London and the UK don’t lose the best talent to countries like Germany and France. We already know that

February 25, 2019  2:03 PM

Fidor bank future clearer next month as split from BCPE nears

KarlFl40 Profile: KarlFl40

The future of Fidor bank is set to become much clearer next month as the company enters the last mile of the process of decoupling from BCPE. In November it was

February 21, 2019  12:22 PM

Nearly a third of UK tech startups are setting up presence in mainland Europe because of Brexit

KarlFl40 Profile: KarlFl40

In its latest Startup Outlook report Silicon Valley Bank has revealed that 28% of UK startups plan to open an office in mainland Europe, as a result of...

February 21, 2019  10:09 AM

Astrophysics and music production skills give Bud a different approach: Fintech interview part 16

KarlFl40 Profile: KarlFl40

Bud started life in 2016 as a B2C platform to help people improve their financial well-being, before moving into banking with a platform that allows banks to harnesses open banking. The UK Fintech, which is based in Old Street London, now finds itself at the...

February 20, 2019  9:00 AM

Upgraded Bank of England system that gives more fintechs the same rights as banks, due in 2025

KarlFl40 Profile: KarlFl40

The Bank of England has set 2025 as the date to complete the replacement of one of its and the UK economy’s core systems.  It wants the new Real Time Gross Settlement (RTGS) system to give more tech firms the same rights as big banks Fintechs currently mainly work through banks that are...

February 18, 2019  9:11 AM

Forget all the fancy stuff and apply AI to paying invoices, says Previse: Fintech interview part 15

KarlFl40 Profile: KarlFl40

While the world is obsessed about how machine learning can make cars drive by themselves fintechs are offering businesses more mundane, yet more rewarding, creations using the technology. For example Previse, a fintech founded in 2016, offers a platform...

February 15, 2019  1:40 PM

Fintech reveals that Brexit induced fall in pound’s value hits migrant workers in UK

KarlFl40 Profile: KarlFl40

It is not just EU citizens in the UK and UK citizens that are suffering from the uncertainty of Brexit, as non EU immigrants in the UK are sending less to families in home countries as the

February 13, 2019  3:31 PM

HSBC to turn off mobile app after it finds life in open banking features

KarlFl40 Profile: KarlFl40

After a pilot of a money management app Artha, which helps customers understand their spending from different providers through a single login, First Direct will turn it off and integrate the most...

February 12, 2019  3:22 PM

Lloyds Bank outage just the latest of a recurring trend as complexity grows

KarlFl40 Profile: KarlFl40

Lloyds Bank customers were unable to access online banking services yesterday in what appears to have been an IT problem. The problems were said to be limited to customers of Lloyds Bank with Halifax and Bank of Scotland customers not affected. When I see a 24 hour outage, like this one was...

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