HSBC UK Takes First Step Into Open Banking

HSBC UK announced today that it is making its first foray into open banking by launching a new test and learn mobile banking platform ahead of introducing a new app for customers in early 2018.…

Central bank digital currency again

Dave Birch isn’t convinced central banks will retain a monopoly over digital currency. So what does the face of radical innovation look like? Greg Medcraft, the chair of the Australian Securities and Investment Commission, recently said that…

MiFID II will encourage price competition in the…

UK-based wealth managers are uncertain what effect the new MiFID II EU regulations will have on their relationships with clients. Story by Bartosz Golba. MiFID II, a set of updated rules focused on increased transparency…

Why Innovation Is A Blessing And A Curse…

The financial services industry has typically moved at a glacial pace. The simple act of taking money out of an ATM or visiting a bank hasn’t changed in decades. Yet even the most traditional industries aren’t…

Innovative Finance ISA 2017: An overview

Orca Money thinks Peer-to-Peer Lending (P2P) is becoming an even more attractive investment option with the introduction of the new Innovative Finance ISA (IFISA). The ‘Peer-to-Peer ISA’, as some are calling it, will encourage existing…

Big Banks can be Challengers too

Paul Bowman from Market Gravity shares his insights on how traditional long-term strategies are dead and banking organisations are finding new ways to innovate quickly The banking sector is currently polarised between two camps: established…