Bitcoin’s price has soared to $10,300 on comments made yesterday by the US Federal Reserve Chair – but there are other major factors at play driving the price, which has jumped more than 40% since the beginning of 2020.
The German challenger bank N26 only started offering banking accounts to UK customers after the EU referendum, but now that the Brexit deadline has passed and the UK is finally out, N26 has announced it is shutting down all UK accounts.
The challenger bank recently teamed up with a financial API specialist to deliver a new feature that allows customers to see their other bank accounts, with other banks, from within the Revolut app.
The financial services industry has been through a significant period of disruption and turmoil over recent years with the financial crisis, a new wave of digital disruption, and the move to mobile services.
After many months of economic and political turbulence, hung parliaments, deal-or-no-deal scenarios and friction between the world’s largest economies, investors are beginning to breathe a sigh of relief as chaos turns into clarity.
Businesses that are seeking financial support to grow or restructure are facing real challenges at the moment; a combination of Brexit uncertainty and turbulent economic markets has meant financial institutions have become increasingly risk averse, pulling back from investing where they might previously have done so.
In the midst of widespread economic uncertainty and following several high-profile failures in the European market, it’s fair to say that 2019 was testing for the peer-to-peer sector.
Here Martijn Groot, VP Marketing and Strategy at Asset Control , discusses how AI and Machine Learning techniques are finding their way into financial services and changing the way we do things, in particular how we invest. Ranging from operational efficiencies to more effective detection of fraud and money-laundering, firms are embracing techniques that find patterns, […]
The self-regulatory peer-to-peer trade body known as the Peer-to-Peer Finance Association (P2PFA) has dissolved. It will now be replaced by the biggest lenders in the space including Lending Works, Zopa, RateSetter and Funding Circle.
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