Talk of a ‘bubble’ in fintech, or of the sector ‘peaking’ misses the point about the transformation of finance by technology. In the grand scheme of disrupting an industry that’s been around for hundreds of years, we’re only at the very beginning of that transformation. From payments and foreign exchange to the way we ensure our pets to the birth of new brands in banking, each vertical in finance is now a honey pot for investors looking to back the next generation of financial services. This infographic explores why that gold rush isn’t stopping any time soon, as innovation continues to thrive.
Want to dine, drink and network with some of London’s fintech stars? There’re still a few tickets left for the Fintech Innovation Awards! Taking place on the 13th of April at The Brewery, the event will feature keynotes from London mayoral candidate Zac Goldsmith and Professor Dan Ariely, as well as Julia Streets as host and Alan Dedicoat ‘Voice of the Balls’ as the Voice of God. To secure your place, register your interest here, contact Stephen McMaugh or call +44 (0) 208 080 9164.
Criticisms of bitcoin by JP Morgan Chase’s boss have been denounced by a UK academic as “ironic” and “hardly surprising” considering the impact bitcoin could have on financial intermediaries.
Leaked documents from the UK Home Office proposing that low-skilled EU migrants would be restricted in the UK’s post-Brexit immigration scheme may be more likely to increase automation and off-shoring of labour, rather than increase British wages, industry experts have warned.
The European Central Bank's (ECB) hotly anticipated meeting on Thursday afternoon made the euro skyrocket, as president Mario Draghi announced interest rates would remain at 0% and its quantitative easing programme will stay until at least the end of 2017.
The “sad truth” of banking is that many jobs will be automated in the future, Deutsche Bank's chief executive said yesterday. Despite this, a recent survey found that 98% of European workers are optimistic about the changes automation will bring to their workplace.