Chris Skinner’s new book called Digital Human will be launching this month; he sat down with Ashok Vaswani, CEO of Barclays Bank UK, and Li Wang, Head of Alipay and Ant Financial for EMEA at his London book launch; in this blog post he shares video of the panel which took place; some of the highlights include Ashok sharing how Barclays has been able to adapt over the 300 years it has been in business and the certainty he has that they will be able to adapt going forward; Li shares how each employee at Ant generates RMB100 million or over £10 million in revenue per year, a stark contrast to efficiency at banks. Source
Skinner shares some of the headlines by mainstream media as Open Banking officially launched in the UK; many were negative and included how consumers should fear the changes; not surprisingly the fintech community are strong advocates of Open Banking; Skinner shares his perspective on these two sides battling, the mainstream banks and mainstream media, and the fintech community and more niche media. Source
Christian Faes is the co-founder of LendInvest and served as the CEO for over a decade; he is now stepping...
In an interview with P2P Finance News, Christine Farnish talks about their relationship with the Financial Conduct Authority, the recent departures of LendInvest and RateSetter from the group and updates to membership criteria; Farnish teased that there will be major changes to the way the P2PFA operates coming in November. Source
The Financial Conduct Authority’s thinker in chief was named interim Chief Executive with Andrew Bailey moving on to become the...
The three-way partnership with Cortland, Fairown, and Inbank in Poland comes at a time of increased industry attention.
Fintech is seen as playing a significant role in reaching climate change objectives.
The circular economy has become a fundamental part of Europe's sustainable growth agenda and finance is powering the way.
As the digital market has matured, incumbents are taking notice. Citi announced partnership with METACO to establish digital asset capabilities.
A new report out by Citi says that new digital-first challenger banks may cause a 30% revenue hit to incumbent...