"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 transaction last year, credit card giant American Express acquired U.K. digital payments startups Cake Technologies, the global financial firm recently confirmed.
In a massive deal, Experian is set to acquire London-based fintech startup ClearScore for $385 million.
The EU will propose common standards for blockchain in an effort to create more clarity and encourage fintech innovation.
The most popular reported use for fintech, with 32% of respondents, has been connecting with online lenders.
The U.K. and Germany remain the fintech leaders in Europe, but the growth of two other markets shows that location is less important than ever.
The Jersey City-based company said in a statement that it expects the transaction to be finalized in the third quarter this year.
Why anyone considering a nearshore location should find out more about Trinidad and Tobago.
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.
Customers and providers that adopt the “as a service” model will find themselves relatively insulated from political winds — and perhaps better positioned for the wider evolution already underway.
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%.
Nearly three-fourths of those looking to enter the accounting field are concerned that automation will make their jobs obsolete.
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.
NEW YORK, May 12, 2016 (PRNewswire) – Deloitte today announced the launch of a lab program designed to help finance and IT leaders transform the enterprise and explore opportunities to unlock new business value based on the SAP S/4HANA finance solution. Deloitte’s ...