Fintech makes the world go around:

April, 2019

April 29, 2019  6:46 AM

Bank of England governor speaks as maiden UK Fintech Week begins

KarlFl40 Profile: KarlFl40

The UK’s first Fintech Week will this week promote innovation, openness and collaboration to the fintech industry. The week will kick off with a keynote from Bank of England governor Mark Carney at the Innovate Finance Global Summit (IFGS) in London, with speakers from all corners of the...

April 26, 2019  1:35 PM

Tink is building the foundation of every bank in the world: Fintech interview part 20

KarlFl40 Profile: KarlFl40

Swedish fintech Tink arrived on the scene back in 2012, with what was at the time a business model that went direct to consumers, but it has now found its place in the business to business sector selling services to finance firms.

April 23, 2019  11:22 AM

Nationwide Building Society challenges seven fintechs to develop apps for financially vulnerable

KarlFl40 Profile: KarlFl40

Seven fintechs are taking part in a challenge set Nationwide and will share a £3m fund as well as the knowledge and experience of experts from the building society and beyond. The Nationwide’s Open Banking for Good challenge wants apps developed that can help people that are “financially...

April 17, 2019  8:10 AM

Facebook shutters Messenger payments in UK as Brits just not into it

KarlFl40 Profile: KarlFl40

Facebook introduced the feature to its Messenger to enable people to transfer money to their friends in a few clicks. It was first launched in the US in 2015 and then in the UK in...

April 16, 2019  9:49 AM

Third of people would allow tech platform to automatically move mortgage

KarlFl40 Profile: KarlFl40

It is astonishing how quickly peoples’ attitudes towards their finances are changing as digital services mature. A few years ago people were concerned about using digital banks for current accounts, and a few years before that they would have thought carefully before sending money via fintech...

April 10, 2019  9:41 AM

Consumers will ditch bank if online experience falls short

KarlFl40 Profile: KarlFl40

Not surprising traditional banks have embraced fintech as it almost a matter of life and death now. According to a survey of 1000...

April 9, 2019  9:19 AM

Brexit turn off increases IT salaries in UK fintech as overseas experts become harder to attract

KarlFl40 Profile: KarlFl40

Fintech in the UK, particularly London, is still growing rapidly but Brexit is a real threat as much needed IT experts from overseas are not...

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April 8, 2019  8:49 AM

Is fintech making it too easy to mis-buy financial products?

KarlFl40 Profile: KarlFl40

I had an interesting exchange with a contact of mine. He is a seasoned IT professional in the banking sector. He said recent news of Wonga and

April 4, 2019  11:26 AM

Goldex is bringing Amazon-like usability to gold trading: Fintech interview part 19

KarlFl40 Profile: KarlFl40

An encounter between a seasoned equities trading executive and the archaic process of trading gold led to the creation of Goldex Technologies. “As a customer I did not like this,” said Sylvia...

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April 1, 2019  11:36 AM

Fintechs taking large chunk of SME lending sector

KarlFl40 Profile: KarlFl40

Almost half of UK SMEs (49%) would seek financing from non-bank lenders as they begin to better understand the business models of companies in this space, including fintechs. This is according to a survey of 2000 directors at UK SMEs, carried out by peer to peer lender Growth Street. Fintechs...

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