We are using cookies to give you the best experience on our website. You can find out more about which cookies we use in our Privacy Policy. Accept and Close

Fintech

Fintech firms call for more government-backed finance

UK fintech business leaders believe that they’re unfairly excluded from government investment schemes and need a stronger voice in regulatory policymaking, according to a survey by the Digital Finance Forum […]

Review of UK fintech sector launched after COVID-19 delay

The UK government has kicked off a six-month independent review of the country’s financial technology (fintech) sector, following a delay caused by the coronavirus pandemic. The review’s significance has grown […]

Open banking gets off to slow start in Australia

Open banking has become a reality in Australia after the country’s Consumer Data Right (CDR) legislation went live on 1 July.     The country’s four major banks – ANZ, Commonwealth […]

Bank of England to host fintech ‘Innovation Hub’

The Bank for International Settlements (BIS) is to expand its ‘Innovation Hub’ network by establishing four further centres with central banks, including the Bank of England (BoE), as it looks […]

Central bank digital currency developments hit “top gear” amid coronavirus

COVID-19 is accelerating the pace towards a functioning central bank digital currency (CBDC), the co-chair of a central banks’ working group has said. “There is little evidence that cash transmits […]

UK ‘open banking’ champion looks to boost payments functionality

The UK is “90% of the way” through the first, implementation phase of introducing ‘open banking’, according to the body leading its development – which has just set out its […]

France and UK move forward on central bank digital currencies

The central banks of France and the UK have moved towards the creation of central bank digital currencies (CBDCs), with the Banque de France issuing a call for applications to […]

Spain readies ground for fintech regulatory sandbox

Spain’s plans to launch a regulatory ‘sandbox’ for financial technology have regained momentum as the country emerges from almost a year of political deadlock.   The Council of Ministers in […]

Swedish central bank launches e-currency pilot

Sweden’s central bank has launched a pilot that aims to test a “simple and user-friendly” digital krona, marking another step towards its plan to roll out an e-currency.   The […]

UK open banking take-up doubles in six months

The number of people in the UK using ‘open banking’ technology has reached one million, according to data released this week.   The Open Banking Implementation Entity (OBIE), which was […]