Sunday, April 28, 2024

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

TransferWise boss warns FinTech startups against Brexit Britain

At a government-backed conference the CEO of Transferwise went off-message, suggesting startups should avoid London. Read more: www.finextra.com

London ‘not the best place’ for FinTech start-ups

FinTech entrepreneur Taavet Hinrikus, co-founder of Transferwise, said Brexit was making it hard to source talent. Read more: www.bbc.co.uk

Indonesia: Regulator predicts number of FinTech firms to double

FinTech in Indonesia is on the rise, thanks to its demographics and largely unbanked population. Read more: www.techwireasia.com

Taiwan opts for caution in developing FinTech

Financial industry observers see potential for Taiwan in the FinTech sector, citing ways in which technologies could help banking and insurance. Read more: topics.amcham.com.tw

Hammond asserts importance of immigration for UK FinTech

Chancellor Philip Hammond will today highlight the importance of immigration for maintaining the UK's FinTech crown. Read more: www.cityam.com

US FinTech regulation: a divided picture at the federal level

While the prudential regulators are testing the waters in FinTech regulation, other federal agencies have also focused on FinTech’s potential. Read more: www.bankingtech.com

Uncertainty and opportunity: what Brexit means for FinTech

When the UK leaves the EU in 2019, it will have an impact on businesses across all sectors. Read more: www.wired.co.uk

Sydney, Melbourne climb in financial, FinTech league rankings

There was good news overnight for status-conscious Australia’s bid for relevance in global financial services. Read more: www.theaustralian.com

FinTech is now worth £7bn to Britain’s economy

Chancellor Philip Hammond will call for the 'growing and strengthening' of UK FinTech in a speech at the Treasury's first International FinTech conference. Read more: uk.businessinsider.com

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