Latest UK Fintech Week News: Finextra Research

Zopa CEO quashes IPO speculation

Jaidev Janardana, CEO of Zopa, has blamed the media for the UK fintech sector’s focus on valuations.

16 April 2024

UK government announces open finance task force

Bim Ofolami, UK government Economic Secretary to the Treasury, has announced the formation of an open finance task force during a speech at ifgs 2024.

15 April 2024

News/startups

UK fintech capital investment in 2024: far from 'rock bottom'

Innovate Finance held an event this week to launch their ‘Capital Investment in UK FinTech in 2023: Insights and Trends’ report, ahead of their Global Summit in London in April.

26 January 2024

News/markets

IFGS 2023: Singapore seeks coordinated and global approach to fintech

In the fireside chat with the Monetary Authority of Singapore (MAS), chief fintech officer, Sopnendu Mohanty, discussed the current financial landscape in Singapore and the fintech developments in the region with moderator Sasha Qadri.

19 April 2023

News/payments

IFGS 2023: OBIE responds to JROC open banking roadmap

Exploring the data driven future of fintech at Innovate Finance Global Summit, panellists covered new developments across open banking, open finance, and digital identity.

19 April 2023

News/identity

IFGS 2023: Paul Scully MP pushes for widespread use digital ID in UK

Minister for tech and the digital economy, Paul Scully MP, opened day two of the Innovate Finance Summit 2023 with a keynote on the UK government’s ambition for digital identity.

19 April 2023

News/sustainable

IFGS 2023: How can your company act more sustainably?

In a fireside chat titled ‘Fintech and the Climate Crisis: Driving Innovation for a Sustainable Future’ on day one of IFGS 2023, panelists Anisha Mohil, impact and sustainability manager at ecolytiq and Ian Sutherland, CFO of Tide, discussed the transition to a low-carbon economy.

18 April 2023

News/inclusion

IFGS 2023: How can we drive true diversity forward in fintech?

In the panel, ‘Beyond Lip Service: Advancing True Diversity in Fintech’ during IFGS 2023, panellists Lord Christopher Holmes of Richmond MBE, Sonal Lakhani, global head of fintech programmes and strategic initiatives for Barclays Innovation, Mary MacPherson, financial services sector lead at EY, and Damien Shieber, board member at Progress Together, explored how financial services can champion inclusivity.

18 April 2023

News/devops

IFGS 2023: Andrew Griffith MP announces AI and open finance ambitions for UK

Economic secretary to the Treasury, Andrew Griffith MP, spoke in a keynote speech outlining the government’s ambitions for the fintech industry during day one of the Innovate Finance Global Summit 2023.

18 April 2023

News/people

IFGS 2023: How are neobanks challenging incumbents in 2023?

The afternoon IFGS sessions kicked off with a fireside chat looking at whether Neobanks are still creating that challenging atmosphere they have been known for. Finextra’s own senior reporter, Paige McNamee, moderated the session and was joined by Mark Mullen, CEO of Atom Bank, and Valentina Kristensen, director of growth and communications at OakNorth. Kristensen had her new baby Leo on stage with her.

17 April 2023

News/retail

IFGS 2023: Financial services finding new confidence in economic crises

The Innovate Finance Global Summit 2023 kicked off at Guildhall in London this morning, to bring together experts in the industry to discuss new innovations in the UK fintech sector. The event showcases innovators and vendors from all over the world to London to discuss key trends and topics including innovation, sustainability, and regulation which will drive the UK fintech financial services ecosystems forward.

17 April 2023

News/regulation

IFGS 2022: FCA pursues outcomes-based approach to fintech policy

Speaking on the panel ‘Regulating Innovation: When things start heating up’ on day two of the Innovate Finance Global Summit (IFGS), Richard Fox, the FCA’s director of international, explains the reasoning behind the FCA’s attraction toward outcomes-based fintech regulation in the UK.

05 April 2022

News/identity

London Stock Exchange acquires KYC specialist Global Data Consortium

London Stock Exchange Group (LSEG) is continuing its acquisition spree, buying digital ID firm Global Data Consortium to help clients with know your customers requirements.

05 April 2022

News/regulation

IFGS 2022: Stablecoin news sparks mixed response from crypto lawyers

Speaking on the ‘Crypto Rebooted: 2021 and Beyond’ during day two of the IFGS conference, Barnaby Reynolds, global head of the Financial Services Industry Group, Shearman & Sterling, played down the significance of HM Treasury’s announcement yesterday regarding the regulation of stablecoin use the UK.

05 April 2022

News/people

Santander UK CIO joins biometric outfit iProov

Biometric face authentication technology company iProov has hired Miguel Traquina, Santander UK's chief information officer for operations and economic crime, as CIO

05 April 2022

News/crypto

Chancellor asks Royal Mint to create NFT

The UK government has commissioned the Royal Mint to create an NFT as part of a push to make the country a "global hub for cryptoasset technology".

05 April 2022

News/startups

IFGS 2022: Are fintechs biting off more than they can chew?

Molten VC’s and moderator for IFGS session ‘Chomping on the (uni)(deca)corn’ Bindi Karia set the scene with some striking statistics around investment in the UK and global fintech industry.

04 April 2022

News/startups

Kalifa to steer creation of new UK Centre for Finance, Innovation and Technology

A steering committee has been established to develop the remit for a new Centre for Finance, Innovation and Technology in the UK.

04 April 2022

News/crypto

IFGS 2022: HM Treasury confirms regulation of stablecoin use

Speaking at the Innovate Finance Global Summit (IFGS) conference on Monday, Economic Secretary to the Treasury John Glen announced that legislation will be introduced to bring certain stablecoins into the UK payments framework, as well as projects to tackle broader crypto regulation and decentralised autonomous organisations (DAOs).

04 April 2022

News/regulation

IFGS 2022: Taking the pulse of UK fintech

Following welcome addresses from Catherine McGuinness, chair, Policy and Resources Committee, City of London Corporation, and Janine Hirt, CEO, Innovate Finance, the Innovate Finance Global Summit took off with a panel stacked with leading fintech voices.

04 April 2022