BrexitRSS

FCA calls on past glory for happy post-Brexit story

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By calling on the spirit of the 19th century Corn Laws repeal, the UK’s Financial Conduct Authority (FCA) believes it can weather the post-Brexit era with a new age of free trade. In a long speech delivered today (6 July), “Why free trade and open markets in financial services matter”, Andrew Bailey, chief executive of […]

The Monday mindset: 12 June 2017

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Fintech zeitgeist! Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, Antony Peyton, Banking Technology’s deputy editor, with the help of many “expert comments” (bless you for those), briefly mulls over the aftermath […]

Implications of triggering Article 50 on London’s banking sector

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Article 50, triggered just nine months after Brexit was officially announced, will give the UK exactly two years to strike a deal with the EU concerning its departure from the economic and trading bloc. What will be the impact of the referendum on the square mile? Will it cease to be the major financial hub this side of the Atlantic?

Swift Business Forum London 2017: Thrive or survive for UK financial services?

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Despite the drama of Brexit the UK finserv industry has the “critical mass” to stay in its pole position – was one view from the Swift Business Forum London 2017. At Tobacco Dock in the East End of London, blockchain didn’t dominate like last year, but the spectre of the UK’s divorce from Europe did. […]

Prepaid International Forum seeks clarity and exemptions as UK moves toward PSD2

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As the UK moves ahead with plans to implement the revised Payment Services Directive (PSD2), the Prepaid International Forum (PIF) has asked regulators for more clarification on certain aspects of how the framework will be applied in the country.

UK and India strengthen fintech ties

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A team of British politicians and fintech business leaders are in India as they seek to strengthen trade and investment between the two nations. At the 9th UK-India Economic and Financial Dialogue, held today (4 April) in Delhi, the UK’s Chancellor of the Exchequer, Philip Hammond, and the Finance Minister of India, Arun Jaitley, discussed […]

Brexit pushes UK prepaid crew’s call for passporting rights

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As the UK has officially started the process of leaving the European Union, the Prepaid International Forum (PIF), a trade association for the prepaid financial services sector, urges Prime Minister Theresa May and the UK’s Brexit negotiators to avoid any scenarios involving trade barriers to the financial markets, especially in the fintech sector.

Brexit could see UK influence over AI dramatically decline

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Despite numerous assurances to the contrary, as the UK lumbers towards Article 50 there are still concerns about the negative impact on the technology sector.

US fintech slides, Asia and Europe rise says KPMG

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Last year was a challenging one for fintech. The Brexit vote, the US presidential election, the slowdown of the Chinese economy, and fluctuations in exchange rates forced investors to tread cautiously, according to KPMG’s latest report “The Pulse of Fintech Q4 2016”. Despite a decline in overall fintech investments, 236 M&A transactions were recorded worth […]

Top fintech stories this week – 10 February 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Temenos cuts jobs in US; eyes D+H payments business EXCLUSIVE. US layoffs cited as around 60 by some sources. Ziraat Bank London to replace legacy core banking tech EXCLUSIVE. Misys Fusionbanking moves in. Banks and UN launch sustainable […]

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