Mobile to take lead in payments over the next five years


Mobile phones will take an increasingly leading role in the payments space over the next five years as a result of technologies that allow safe storage of payment details in smartphones, according to a report prepared by the Consult Hyperion on behalf of Payments UK.

Fintech ‘unconference’ comes to New York

On 15 September, fintech firms BBVA Open Talent, Consult Hyperion, NYPAY and Next Bank NYC will present keynotes and discussions as well as twenty fintech start-up demos competing as part of the BBVA Open Talent competition.

Barclays opens startup accelerator programme in London

London's Libor will now be administered by NYSE Euronext

Barclays and startup accelerator company Techstars have opened the application process for the third cohort of their Accelerator programme in London, which will give ten businesses a chance to “shape the future” of financial services, the bank has said.

Cameron backs UK fintech 2020 manifesto

Market data is too expensive, according to market particpants

Fintech association Innovate Finance has launched UK Fintech 2020, a manifesto that sets out goals for the UK to be a centre for financial services. These include calls for increased investment in fintech, efforts to attract more fintech firms and the creation of more jobs in the sector.

Digital disruption: can banks add interest to others’ ideas?


The high street bank has always been relied upon to be one of those unchanging constants in our lives. Takeovers and scandals have come and gone, but the digital revolution has slowly changed the way financial products are delivered. Today the Internet, mobile devices and financial services have now converged to change the way consumers manage their finances and the way they connect with their bank

Huawei partners to push cloud transformation for financial IT


As part of its expansion into IT services, Chinese telecoms giant Huawei has partnered with 11 banking IT solution providers to establish an open platform ecosystem for the finance industry.

Digital: serve better, not just serve more

Anshuman Singh is general manager and head of Europe digital business at Mindtree

Look at most technology initiatives around you, most are obsessed with taking the cost out e.g. ATMs, online banking or selling more e.g. marketing automation, emails. As a business it’s important to manage the cost, but when cost becomes the primary driver, it creates more problems than it solves

Fintech startups head to London for Startupbootcamp 2015 final

Startupbootcamp FinTech brings companies from Europe, Asia and America to London to demo

Ten financial services startups have been chosen by startup accelerator Startupbootcamp FinTech to participate in its annual London program, which seeks to find the best new companies in financial services and bring them to market. Notable themes among the finalists include Bitcoin and the blockchain, big data, algorithms, cloud computing and social networking.

EY focuses on Big Data in finance at Madrid innovation centre

Spain will host EY's new Big Data centre in Madrid

A new global innovation centre in Madrid promises to illuminate the uses of Big Data for banks and financial institutions. Built by EY (formerly Ernst & Young), the centre is part of a $500 million investment in analytics by the company.

The new payments landscape: we need a new mind-set


Popmoney, Dwolla, Square Cash, Funding Circle, Venmo, Nutmeg, Transferwise, Stellar, Kabbage … this is not a list of the latest box office hits or some weird shopping list, but a handful of the emergent FinTech companies that are sprouting up everywhere like wild mushrooms. These companies are, to a certain extent, beginning to reshape and […]