Open Banking in the UK will help to give consumers control of their own financial data in the one place and stimulate better competition between retail banks.
This year, three pieces of critical regulation come into place. For some firms, they are seeing these changes as a giant hassle. For others, they are seeing this as a huge opportunity and a pivot [...]
Bitcoin has no natural intrinsic value. Can you buy a house with it? Can you use it for daily interactions? It may be valued at $US18,000 ($23,477) right now but what I want to know is how you [...]
True innovation beats regulation any day. I am concerned though that for large organisations they only innovate because they have been regulated to do so - the best example being GDPR and the [...]
When I was invited to speak at the ICMIF Biennial Conference, and heard the theme was “redesigning insurance”, my immediate thought was that this may actually be a never-ending task. It seems [...]
Here in the UK, and across Europe, banks are scrambling to be ready for the “Payment Services Directive” - also called PSD2.
Would you bank with Google, Facebook or Amazon if they offered these services? We already “trust” them with much of our data.
Andrew Grill looks at how high street banks in the UK are responding to disruption by FinTech startups in two different ways - Barclays and their WeWork inspired spaces, and Clydesdale Bank's [...]