Tag: Bank of England
Mark Carney warns of FinTech threat to traditional banks
Bank of England Governor Mark Carney has warned that new financial technology could damage the business model of traditional banks. Read more: http://www.telegraph.co.uk
Islamic FinTech firm becomes first to get UK regulatory approval
A London-based Islamic financial technology start-up has become the first company of its kind to be given regulatory approval in the UK. Read more: www.nasdaq.com
Bank of England teams with Ripple for cross-border payments
The Bank of England’s FinTech accelerator has teamed with Ripple. Read more: www.bankingtech.com
Simmons & Simmons joins Bank of England’s accelerator
The Bank of England FinTech accelerator has launched a new community. Read more: www.thefintechtimes.com
Simon Kirby defends UK FinTech
Simon Kirby drew a line in the sand and defended UK dominance in Fintech innovation. Read more: www.crowdfundinsider.com
Bank of England & Boston Fed join Hyperledger blockchain
The Linux-foundation led open-source Hyperledger blockchain initiative has announced new members including Bank of England and Boston Fed. Read more: www.cryptocoinsnews.com
FinTech could signal the end of universal banking as we know...
Mark Carney, The current Governor of the Bank of England, predicted that FinTech could, in time, “signal the end of universal banking as we know it.” Read now: www.crowdfundinsider.com
Bank of England recruits FinTech firms to ramp up cybersecurity
Officials are getting FinTech firms to work on ways to use new systems to combat fraud, especially after Tesco Bank accounts were hacked by fraudsters. Read more: www.telegraph.co.uk
UK investors turn to alt-finance in low interest rate world
A report published by IW Capital, that researched 2000 UK consumers and citizens, stated that 30% of respondents are looking towards EIS investments. Read more: www.finextra.com
Blockchain revolution won’t happen ‘soon’
A senior Bank of England official doesn’t believe widespread blockchain adoption will happen anytime soon. Read more: www.coindesk.com