Topic updates
FinTech: How technology is changing the world of finance
17th April 2017
Here is a timely BBC Newsnight report from David Grossman on the impact that financial technology (FinTech) is having on competition / contestability in the UK financial sector.
The UK government is trying to encourage competition, innovation and investment in FinTech and we are starting to see the emergence of challenger banks in certain sectors.
Some small businesses for example are using card readers using the Square platform. Mono has just been awarded a banking licence. Once people get hold of their own financial data following an EU directive in 2018 we can expect more companies to get involved in financial technology. Apple, Google and Facebook are likely to be big players in the financial markets in years to come.
You might also like
Wall Street no smarter than Mr and Mrs Average
3rd September 2014
Co-Op Bank fails Bank of England stress test
16th December 2014
Mini Lecture - The Global Financial Crisis
30th May 2015
Mapping out the financial system
11th July 2015
Regulation of Payday Loans (Financial Economics)
Study Notes
New arrest highlights financial market dangers
22nd April 2015
Guaranteed bank deposits and the market for lemons
8th July 2015