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Olivia Minock says Companies DON’T want to be fintechs!
The recurring mantra is that with embedded finance, every company can be a fintech. But that inherent purpose of EF promises the exact opposite. Companies do not have to become financial services providers in able to provide those very services.
“[Fintech] underpins the whole economy, people like hairdressers, for example, will use fintech for payments”
Joining us in the FF Salon we have Olivia Minnock, the Editor at the Government-backed ecosystem, FinTech Alliance, who talks to us about the expansive role of fintech in the UK economy and modern consumer life. With banking apps like Monzo, Revolut, and, Plum, people have more control and foresight over their services than ever, an essential tool for the current financial insecurity and cost of living crisis.
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- State Bank of India and MUFG Sign Strategic Partnership to Strengthen India–Japan Financial Collaboration Read more
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- Investment Management Industry Encouraged to Start Planning For UK Crypto Assets Regime Read more
- Redwood Reduces Rates and Increases Loan Limits Read more
- Socotra Becomes First Insurance Core to Release Generally Available AI Read more
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State Bank of India and MUFG Sign Strategic Partnership to Strengthen India–Japan Financial Collaboration
State Bank of India (SBI), India’s largest commercial bank, and MUFG Bank, Ltd., (MUFG) Japan’s premier global financial institution, today announced the signing of a Strategic Partnership Agreement to advance bilateral financial collaboration and strengthen the India–Japan economic corridor. The agreement aims to enhance mutual collaboration by further leveraging the complementary strengths of both institutions to facilitate cross-border capital flows, create new synergistic financing opportunities and support sustainable economic growth across two of Asia’s largest economies.
Solance Selects SaaScada to Power Next-generation Payments Platform
Solance, a Dublin-based financial institution providing financial services for family offices, corporate service providers and corporates with multi-entity structures, has selected SaaScada to power its new multi-currency payments platform as part of its European launch.
Investment Management Industry Encouraged to Start Planning For UK Crypto Assets Regime
The Investment Association (IA) – the trade body for the UK investment management industry – today launched its ‘UK Crypto Assets Regime: How the investment management industry can navigate new waters’ report, produced in collaboration with Travers Smith.
Redwood Reduces Rates and Increases Loan Limits
Redwood Bank has reduced its interest rates on loans up to 60% LTV as part of a wider set of changes designed to support affordability and give brokers greater flexibility when structuring deals.
Socotra Becomes First Insurance Core to Release Generally Available AI
Socotra announced the general availability of Socotra Assistant, a powerful AI underwriting capability built directly into Socotra Operations Workbench
BioCatch unveils DeviceIQ: Redefines how banks evaluate device risk in the AI era
BioCatch, which prevents fraud and financial crime by recognising patterns in human behaviour, today announced the launch of DeviceIQ, a comprehensive new device identification and intelligence product transforming how financial institutions evaluate the trustworthiness of devices used for digital banking.
Ledgible and Label Partner to Streamline Digital Asset Tax Information CARF & DAC8 Reporting and Compliance
Ledgible, the enterprise digital asset tax, accounting, and data reporting platform, today announced a strategic partnership with Label to deliver integrated CARF (Crypto Asset Reporting Framework) and DAC8 reporting solutions for digital asset businesses.