Latest Brexit News: Finextra Research

Company update/markets

ING moves 45 financial markets jobs in London to Amsterdam because of Brexit

As a result of Brexit, ING is required to relocate a subset of Financial Markets (FM) trading activities from London to a EU27 country.

23 July 2020

News/covid-19

Scaling in London during Covid-19: What to know and how to leverage it

The work has only just begun. Newfound’s inaugural Market Missions (virtual) event delved into the reality and opportunities faced by fintechs attempting to scale in the UK during Covid-19.

16 July 2020

News/payments

Covid-19 will ignite new agendas for payment trends and regulations

With the Covid-19 pandemic bringing to the fore long-term trends in the banking and payments industries, professionals shared their views on what lies ahead as part of PayExpo’s digital event.

15 July 2020

News/regulation

EDPB casts doubt over GDPR adequacy decision for the UK

In a letter to the European Parliament dated 15 June 2020, Andrea Jelinek, chair, European Data Protection Board (EDPB) raises concerns over the UK’s endeavour to reach an ‘adequacy decision’ with the EU following the end of the Brexit transition period.

17 June 2020

News/security

Trust remains integral to acceptance of AI by UK consumers

In response to the European Commission’s strategy for data released in February, Vikram Khurana, senior associate, Bristows LLC argues that “The EC is saying trust needs to be the bedrock of AI. If the industry can tackle this issue and build trustworthy AI systems, AI is more likely to be accepted and taken up by businesses and individuals.”

29 April 2020

Finextra TV/payments

Managing systemic change across European payments

Tom Callaert, Senior Payments Expert - Securities Initiatives & Payment MIs, SWIFT speaks to FinextraTV about the main effects on the European payments industry of the Eurosystem and EURO1 market infrastructure migrations to ISO 20022, the impact of having different market infrastructures migrate at different times and the lessons learnt so far from the Target2 consolidation project.

11 March 2020

News/regulation

Transformative regulation finds its feet in 2020

The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.

06 March 2020

News/Brexit

Estonian e-Residency MD: No deal Brexit is no problem thanks to digital identity

Digital residency could nullify the worst-case scenario of a no-deal Brexit for small companies and entrepreneurs, according to Ott Vatter, managing director of Estonia’s e-Residency programme. “E-residency can be a solution for some companies due to the uncertainty,” he tells Finextra Research.

05 March 2020

Company update/Brexit

Insurtech Zego secures French broker licence

Insurtech Zego has future-proofed its business by securing an insurance broker licence in France.

03 March 2020

Company update/Brexit

Neobank Sogexia wins Luxebourg payments licence; migrates UK customers

Sogexia is delighted to announce the granting of its payment institution licence by the Minister of Finances of Luxembourg, combined with the capacity to provide its payment services within the 31 countries of the European Economic Area thanks to the European passport granted at the same time.

24 February 2020

News/retail

Global fintech fundraising holds up despite China dip

Global investment in fintechs dipped slightly in 2019 as strong growth in the US, India and Brazil was offset in China, where the mega-deals dried up, according to a report from Accenture and CB Insights.

21 February 2020

Company update/Brexit

Emerging Payments Association picks Luxembourg as EU home

The Emerging Payments Association (EPA), the leading London-based professional association of payment players, which brings together more than 150 operators from all areas of the payment value chain, is expanding its European Union network from Luxembourg.

14 February 2020

News/Brexit

Blaming Brexit, N26 quits the UK

German mobile bank N26 is quitting the UK, saying that Brexit means it can no longer operate in the country with its European banking licence.

11 February 2020

Company update/Brexit

Danish fintech Clearhaus secures UK licence

In the wake of Brexit, the Danish payment institution Clearhaus has secured a license which gives the Danish acquirer access to the attractive UK market.

03 February 2020

News/Brexit

UK fintech scene sees record investment in 2019

The day before Brexit, Innovate Finance has put out a report hailing a record 2019 for the UK's fintech scene and predicting a a rosy future.

30 January 2020

News/Brexit

UK finance industry faces urgent skills crisis

Urgent action is needed to tackle a skills and talent crisis in UK financial services, according to an independent review commissioned by HM Revenue which warns the industry is in for a bumpy ride in the face of the technological revolution and Brexit.

29 January 2020

News/Brexit

New challenger Oxbury aims to save farmers in post-Brexit Britain

Oxbury is the latest UK challenger bank looking to serve an overlooked market niche - providing business financing to farmers in post-Brexit Britain.

07 January 2020

News/Brexit

Finextra's year in review

With 2019 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

23 December 2019

Finextra TV/Brexit

NextGen Nordics: P27 Momentum with EPAM

Alistair Brown, Global Head of Payments, EPAM, speaks about P27 in the lead up to NextGen Nordics. He describes how the ambitious P27 journey is shaping up, what challenges lie ahead, which industry players will benefit most from the initiative and what EPAM hope to take away from Finextra's NextGen Nordic event in Stockholm.

11 November 2019

Finextra TV/Brexit

Brexit – The Impact on cross-border Payments and Banking

With ongoing Brexit discussions and continuous uncertainty, Christoph Tutsch, CEO at ONPEX, discusses at Sibos what impact these events could have on cross-border payments and banking for businesses on both sides of the Channel. During the interview, Christoph shares his perspective on SEPA and SWIFT payments between the UK and EU in the wake of Brexit and what solutions are in place to support businesses in making cross-border payments simple after Brexit.

06 November 2019