Boris built a digital London — now he must turbocharge digital Britain June 30, 2020 With the economy slowly beginning to reopen as lockdown measures are eased, all eyes this week will be on the government’s plan for reigniting confidence and growth. The Prime Minister is expected to refocus on the levelling-up agenda, skirting any suggestion of a return to austerity and concentrating instead on public services, the environment, and [...]
Digital wealth manager Moneyfarm hits £1bn assets under management June 30, 2020 Moneyfarm has become the latest digital wealth management company to have more than £1bn in assets under management, it announced today. The milestone comes eight years after the launch of the company, which started out in Italy. Now UK-based, it boasts more than 45,000 customers in Britain, Italy, and Germany. At the end of 2019, [...]
Facebook launches campaign to help Brits spot fake news June 30, 2020 Facebook has today unveiled a new campaign to help users identify misinformation online, as it handles an ongoing boycott of advertising on its platform by major companies. The ads will ask users to consider the source of the news they’re looking at, whether it’s truthful or balanced and what they felt when they saw it. [...]
The UK is setting fintech trends in the wake of COVID-19 June 29, 2020 | Sponsored Much has been written about the greatness of the UK fintech hub as one of the world-class locations that keeps setting global fintech trends. The UK used to be THE global fintech hub, thanks to combined efforts by regulators, governments, the great tech and finance talent pool, and famous startups that were born here. The [...]
Advertising boycott dents Facebook shares as campaign gathers steam June 29, 2020 Facebook is facing another day of difficulty on Wall Street, as investors baulk at the growing list of major companies boycotting advertising on its platform. Shares in the tech giant plunged more than eight per cent last Friday, as top advertisers paused ad buying on the platform over concerns about misinformation and hate speech. As [...]
Tiktok to transfer data control to UK arm ahead of Brexit June 29, 2020 Tiktok has said it will be moving ownership of its users’ data in Europe to local subsidiaries, in a boost to its British arm as it prepares for new post-Brexit regulations. The social media app’s US parent Tiktok Inc will no longer manage and safeguard data for users based in the UK and the European [...]
Why Fintech investing will become more attractive post COVID-19 June 29, 2020 | Sponsored With the global economy predicted to fall, valuations in Fintech companies will be hit hard, too. This will provide investors unique opportunities to invest into those Fintech firms at attractive valuations, which will shape the future of financial services. Fintech investments so far this year: The impact of COVID-19 and the speed of its disruption [...]
What makes London a tech hub? June 29, 2020 | Sponsored Why the key to London’s future success is in its past – and what the UK must capitalise on to top the US as the world’s leading tech hub. 2019 was a bumper year for the UK tech sector. London overtook Beijing to become the third biggest tech hub globally and UK tech investment topped [...]
Can Fintech and big data transform a post COVID-19 landscape? June 29, 2020 | Sponsored COVID-19 has transformed the world in a short space of time, possibly forever. With this change brings opportunity, and Fintech has the potential to be part of a brighter future. The SARS-CoV-2 virus epidemic has generated widespread strife and conflict in economies across the globe. Virtually overnight, consumers shifted their activities online. There is an [...]
Increasing the opportunities for female leaders in Fintech June 29, 2020 | Sponsored Fintech emerged from the 2008 financial crisis to transform traditional financial services, with aspirations to innovate, build trust and, deliver greater efficiency. While progress has been made for customers and businesses, are we optimising our ability to innovate? Despite the UK being one of the fastest growing Fintech economies, female founders make up only 17% [...]
