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Independent Panel To Review UK’s FinTech Sector 

PYMNTS

A panel established to grow the United Kingdom’s (UK) financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government announced Tuesday (July 21). Much is at stake when it comes to the country’s FinTech businesses. The sector has an estimated worth of 7 billion pounds ($8.9

Fintech 174
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Hong Kong’s FinTech Strategy

Chris Skinner

It shows how important FinTech is when major financial centres vie for focus. London has been leading the charge to be the FinTech capital of the world, but many other cities are nipping at their toes. So I was intrigued to see Hong Kong issue their FinTech strategy today. Does this matter?

Strategy 271
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Kenya Gets Ready To Unveil Sandbox Policy

PYMNTS

In Kenya, the Capital Markets Authority (CMA) has issued its “FinTech Sandbox Guidance Note,” which is now finalized as policy. Separately, the Israeli startup Access Fintech said this past week that it has received $17.5 The FinTech seeks to help FIs cut down on the manual processes tied to fixing those errors.

Policies 109
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In Ireland, Banking Federation Promotes FinTech Foresight

PYMNTS

The Banking & Payments Federation Ireland said it had established a FinTech Foresight Group — further evidence of collaborations between traditional financial institutions and tech upstarts. That series will focus on global technology trends across financial services and how FinTechs and banks can work together across those efforts.

Fintech 174
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The UK election result is good for UK FinTech

Chris Skinner

If it’s not my place to delve into the politics, it is my place to talk about the ramifications for Brexit, FinTech and Britain’s financial system, and basically it’s good. This would give her a much stronger position in Brexit negotiations, and would mean that she could force through unpopular policies in the EU discussion process.

Fintech 243
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The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. COVID may have accelerated things, but talk of booster shots and workplace policies wasn’t the most striking contrast at AOBA 2022.

Fintech 167
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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

In 2022, FTX broke ground on its new headquarters in Nassau, the country’s capital. In April 2022, Nassau, the capital of the Bahamas, hosted the invitation-only Crypto Bahamas Conference. In 2021, FTX, the crypto derivatives marketplace, made the decision to relocate from Hong Kong to the Bahamas. Crypto Conference.