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The 50 hottest FinTech firms 2017

Chris Skinner

Chosen from a long-list of over 1,500 companies across Europe, The Fintech50 2017 – the most hotly contested in its five-year history – features 24 businesses new to the list. Five years in, a number of successful entrepreneurs are now founding their second FinTech business.

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Nationwide Delays SMB Account To Build Bank-Switching Tool

PYMNTS

Nationwide Building Society has pushed back the rollout of its small- to medium-sized business (SMB) account to later this year, instead wanting to focus for now on the testing of its mobile app and building an open banking-powered switching tool, according to Finextra. The company received a 50-million -pound ($64.1

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Banks are extinct … oh no, they’re not

Chris Skinner

Curating the daily news yesterday, I was surprised to see an article published by Wharton Business School that irritated me. Wharton Business School is one of America’s Ivy League Universities up there with Yale and Harvard. It should be publishing informed insights but this post was more of a headline grabber from Scott A.

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Blockchain Tracker: Banks’ Experimentation With Blockchain Tech

PYMNTS

Business Intelligence’s latest research, The Blockchain Banking Report, confirms banks’ decision to figure out a way to work blockchain into their inner workings. That lost money is nothing to scoff at. The report shared, “Most banks are exploring the use of blockchain technology in order to streamline processes and cut costs.

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Is banking’s ‘Kodak moment’ really on the horizon?

NCR

One of the starkest warnings concerning the future of this sector came earlier this year from former Barclay’s chief executive Antony Jenkins. Mr. Jenkins likened this to a ‘Kodak moment’ for the industry – a reference to the cautionary tale of the fate of the iconic camera maker. Beyond the Uber effect.

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Antony Jenkins: ‘In early childhood, I struggled even to read and write’

TheGuardian

Now he’s riding the fintech boom On a sunny afternoon in Portugal in June 2012, Antony Jenkins was preparing himself for bad news. Turning to one of the compliance officers, Jenkins asked for the harsh truth: how bad would the Libor scandal be for Barclays? “I