Funding Circle is planning to raise capital from a planned stock market listing in 2018 to fund a marketing campaign in the US. The peer-to-peer lender’s brand awareness in the UK is 8% compared to 1% in the US. FCA has warned that the rise of Bitcoin fraud...
ING Bank and Illuminate Financial survey has found that fintechs and banks believe they are partners in disrupting the financial services market. The survey found that 70% of banks surveyed view fintechs as enablers and playing a positive role in supporting the...
DueDil research has found that there were 5.5% fewer start-ups created in 2017 than in 2016. It found that 647,923 new businesses were started in 2017 compared to 685,928 in 2016 EY survey has found that 59% of global banks expect to see their technology budget rise...
Emma, a banking app for millennials, has received FCA approval under the Payment Services Regulations 2017 Banks including Barclays, Lloyds Banking Group, HSBC, Royal Bank of Scotland Group, and Santander, as well as several European banks, have confirmed their...
Which? has claimed that it expects the advent of Open Banking to lead to more instances of ‘push payments’ scams. Separately, Get Safe Online has warned that the number of businesses pretending to be involved in Open Banking in order to steal consumers’ details...
Atlas Merchant Capital, the investment vehicle founded by the former Barclays chief executive Bob Diamond, is reportedly in talks to buy a stake in Tandem Money FCA has published feedback on its discussion paper on distributed ledger technology. The regulator also...
