"We will find the InsurTech leaders of tomorrow and create new solutions that will benefit the Lloyd’s market,” said Stuart Marks, founder of L Marks.
In a massive deal, Experian is set to acquire London-based fintech startup ClearScore for $385 million.
The most popular reported use for fintech, with 32% of respondents, has been connecting with online lenders.
The Jersey City-based company said in a statement that it expects the transaction to be finalized in the third quarter this year.
With Rise London, Barclays hopes to create new fintech-based products and services, experiment with emerging technologies, and spot early trends.
"Devices will recognize the user rather than having to remember an assortment of letters and numbers that are forgotten or could be guessed," said Lloyds.
Brexit “offers opportunities to attract new opportunities to our shores,” said Enda Kenny, head of Irish government.
More than 1,000 bank branches have been shuttered in the past two years, with HSBC closing 27% of its branches and Lloyds closing 14%.
With blockchain, "we may see the financial services industry becoming more streamlined and efficient," says the U.K. actuary department.
"The U.K.’s referendum on its E.U. membership is a major issue for us to deal with," says Inga Beale, chief executive of Lloyd's of London.
For those looking to get into a top U.K. bank, "the wearing of brown shoes with a business suit is generally, though not always, considered unacceptable," says a new study.
A person's voice pattern is as unique as their fingerprint, so Barclays is ditching security passwords in favor of voice biometrics.
Overall, the Edinburgh-based bank spent some £1.4 billion on an IT system for W&G, which it will now try to sell off instead of developing.