FinTech news in the UK | Page 3

An overview of news, trends and research in the category FinTech in the UK:

The potential of blockchain as a future financial services infrastructure The potential for blockchain technologies to create considerable disruption in the financial services industry has created considerable hype, as well as spurred considerable effort to explore the phenomenon.
02 March 2017
FinTech sector sees venture capital pull back from angel/seed rounds FinTechs have seen total investment coming their way from an array of sources decrease significantly, falling from from $47 billion in 2015 to $25 billion last year.
28 February 2017
Blockchain set to become mainstream in financial services arena Nine out of ten executives in the financial services sector say that by 2026 blockchain will be a mainstream part of strategies and operations.
15 February 2017
Blockchain technology can help banks redesign their banking processes Blockchain based technologies have the potential to disrupt the financial services industry, as reported by a host of industry independent players.
09 February 2017
FinTechs in asset management and capital markets are gaining share The FinTech scene in the asset management and capital markets space is, as it stands, relatively small, with the majority of focus for FinTech development going to the retail and corporate banking segments.
07 February 2017
New Capgemini incubator matches FinTechs with corporates Capgemini has developed a new initiatives to better support financial services players work together with FinTechs.
02 January 2017
Traditional banks looking to leverage FinTechs as innovation pathway While nearly half of executives in financial services see FinTechs as a 'significant threat', three quarters believe that they at the same time offer opportunities for partnerships.
19 December 2016
FIS launches FIS HiPo Network: early stage FinTech network To support its clients access strong startup propositions in the financial technology space, FIS has launched its own network for ‘high performance’ FinTechs.
14 December 2016
Corporate Venturing gaining market share in FinTech landscape While venture capital invested into FinTech companies has been slow in recent quarters, in line with a broader slowdown in startup financing globally, corporate venturing is on the rise.
08 December 2016
Two thirds of European FinTech startups eye strong revenue growth FinTech investment has risen spectacularly in recent years, on the back of promise, in some instances, hype.
28 November 2016
Consortium launches blockchain technology initiative for logistics More than fifteen public and private sector companies based in the Netherlands have joined forces to launch a programme that seeks to design and develop applications for blockchain technology in the
28 November 2016
London best global hub for FinTech, Singapore and New York follow London remains the globe’s top FinTech hub, according to a new report. Singapore and New York follow.
22 November 2016
The benefits and use cases for blockchain technology in banking Blockchain, while still relatively new to the financial space, is seeing interest from around 90% of banking sector executives, according to a new study on the potential of the technology in the indu
15 November 2016
KPMG Financial Services and Microsoft push deeper into blockchain space KPMG and Microsoft have joined forces to deliver a suite of blockchain services through a cloud-based platform.
28 September 2016
FinTech spurring banks and payments companies into active change A rapidly transforming payments and funds transfer space, through the possibilities opened by digital technologies – is spurring incumbents to act.
26 September 2016
FinTech booming in Asia-Pacific, market nears $10 billion mark The Asia-Pacific region has seen a boom in FinTech investments over the past six years, jumping from a mere 10 deals valued at $100 million in 2010 to 192 deals with a total value of more than $9.6 billion.
15 September 2016
FinTechs are growing concern for incumbent banks, collaboration is key Incumbent banks are concerned that FinTech startups will start to eat into their business, a new study finds.
05 September 2016
Deloitte unveils plan to build blockchain-based digital bank Deloitte and ConsenSys Enterprise recently announced the formation of a partnership, aimed at strengthening their respective blockchain proposition to clients.
28 June 2016
Financial services executives launch FinTech consultancy 11:FS There is a new consultancy on the block, 11:FS. The new firm brings together a range of blockchain experts to supply FinTech startups with advisory services.
17 June 2016
US FinTech firm buys blockchain specialist Elevence Digital Finance Digital Asset Holdings, a US based developer of distributed ledger technology for the financial services industry, has acquired Elevence Digital Finance, a Swiss technology spin-off of BearingPoint.
06 May 2016
LD&A Jupiter advises on sale of FinTech firm XXImo to Sodexo French multinational Sodexo has acquired XXImo, a Netherlands based FinTech startup. The deal – financial terms have not been disclosed – was advised on by corporate finance firm LD&A Jupiter.
29 March 2016
EY adds FinTech expert Richard Goold to UK legal team EY has picked up FinTech expert Richard Goold, who joins the firm from Wragge Lawrence Graham & Co, and is appointed as Partner and lead for its UK Tech and FinTech practice.
24 March 2016
FinTech is disruptive, but creates both risks and opportunities FinTech presents the financial services with both risks and opportunities.
21 March 2016
Global investments in FinTech startups booms to 19 billion Investment in FinTech startups and scaleups has boomed in 2015, hitting new heights of $19 billion. The VC-backed investment in the sector too hit new heights, at $13.8 billion.
14 March 2016
UK FinTech capital of the world, but competition is heating With a market value of around £6.6 billion, the UK can across the board call itself the FinTech capital of the world.
29 February 2016
KPMG acquires Australian FinTech company Markets IT Accounting and consulting giant KPMG has acquired Markets IT for an undisclosed sum.
24 February 2016
Accenture expands financial services blockchain footprint Blockchain technology is estimated to have the potential to save the financial services industry up to $20 billion by 2021.
23 February 2016
Cognizant supports Mizuho with blockchain implementation The promise of blockchain technology has been hyped as revolutionary in the area of digital currencies and international payments.
17 February 2016
Blockchain technology a potential game-changer for Finance Large financial transactions have been virtual for a long time, moving around the world via banking and corporate systems and often tallied up in spreadsheets.
10 February 2016
PwC establishes blockchain team at its Belfast office The potential for blockchain technologies, the public ledger underlying cryptocurrencies like bitcoin, in the financial and public sectors are significant.
09 February 2016
15 start-ups selected for FinTech Innovation Lab London Accenture has selected 15 innovators for its 2016 FinTech Innovation Lab London, which aims at nurturing fintech start-ups that are developing new technologies for the financial services sector.
22 January 2016
FIS and The Venture Centre partner for FinTech start-ups The Venture Centre, an Arkansas-based technology start-up accelerator, has signed a deal to collaborate with FIS on the creation of a FinTech Accelerator in the state.
11 January 2016

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