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18 April 2017

Pitch practice makes perfect

Perfecting a pitch really does take a lot of time, effort and experimentation. Ultimately the more you practice, the more comfortable you will be. We invited the start-ups from Startupbootcamp InsurTech to our More London offices to practice and receive feedback from our proposals team ahead of demo day. Find out what happened here.

06 April 2017

Plan for blockchain or live with regret

That blockchain will transform financial services is widely seen as inevitable. The internet changed the way we communicate; blockchain will change the way we transact. The question is, when? Our latest Global FinTech Survey supports the view that blockchain is rapidly moving out of the laboratory and Proof of Concept and into the launch of production systems – and the UK is ahead of the game.

13 March 2017

The start-up view: a year in FinTech

Working on the ground, day in day out, in the heart of the FinTech ecosystem through our partnership with Startupbootcamp FinTech has allowed us to gain deep insights and understanding of where early stage entrepreneurs see the opportunities in FinTech. Our latest report “The Start-Up View: A year in FinTech” explores the perspectives of both entrepreneurs and incumbent financial services firms on where they see a maturing FinTech sector moving.

23 February 2017

How can insurers partner successfully with InsurTech start-ups?

In a world where InsurTechs are seen as enablers, the process of partnering is crucial. Especially as insurers increasingly look for partnerships to deliver results for them. As part of my secondment to Startupbootcamp InsurTech I have been working on a project to ease the partnering process (specifically proof of concepts) between insurers and start-ups.

15 February 2017

What is financial wellness?

Unless you have so much money that you can literally afford not to worry about it, the chances are that you are financially unwell. This could cover a range of scenarios, from not having a bank account to worrying about your retirement. But broadly, it means that you have financial needs that aren’t being properly met – you don’t have enough money to meet your financial commitments, secure your future and enjoy life today.We’re going to be exploring financial wellness and the role of FinTechs through a series of blogs and other content in the next few months.

08 February 2017

Money and Mental Health

1 in 4 of us will suffer with mental health problems at some point in our lives, never mind the added burden of money and finances. In recent years, charities like Mind and Money and Mental Health Policy Institute have profiled the issue and initiated important conversations about how to tackle it. But what, if anything, can the financial services industry do to reduce the impact that money issues can have on their customers’ health?

31 January 2017

Kicking off - my first week at Startupbootcamp Insurtech

Last week the 2017 cohort of insurtech start-ups landed here at Startupbootcamp and began their 100 day accelerator programme.

10 January 2017

Paycasso’s CEO Russell King shares 6 things he has learnt about launching a FinTech business

Paycasso is a FinTech business specialising in combating identity fraud through the use of innovative facial recognition and computer learning technology. Russell King, CEO of Paycasso shares the personal lessons he has learnt when building a FinTech business.

Interview with CEO of Paycasso, Russell King: FinTech is a force for good

Rob Churcher, from PwC's consulting practice interviews the CEO of Paycasso, Russell King. Paycasso is a FinTech business specialising in combating identity fraud through the use of innovative facial recognition and computer learning technology.

15 December 2016

Pitching, persuading and presenting – the start of Startupbootcamp InsurTech 2017

I am just over a week into my six month secondment at Startupbootcamp InsurTech but it has already been a whirlwind. I will be sharing updates throughout my time at Startupbootcamp InsurTech, telling the story of the ten start-ups and the changing face of the InsurTech start-up scene.

09 December 2016

Blockchain technology - those unanswered questions

By Fergus Lemon This blog is the second in a series of blogs on the challenges faced by UK banks trying to implement blockchain technology. It looks at some of the difficult questions for which there don’t appear to be satisfactory answers yet. If you missed the first blog you...

05 December 2016

Mis-buying humans, mismatched expectations & the ‘hybrid’ future of advice in the digital age

The juggernaut of algorithmic-based ‘robo-advice’ models continues to roll on, attracting investment (estimated to be over $6 billion globally), headlines, new FinTech competitors and board level interest.The dominant model is set to be a hybrid blend of human and robo-advice.

30 November 2016

Blockchain technology: Is the banking sector ready for FinTech?

This first in a series of articles debating how fintech is shaping the financial services industry, covers the path to production for blockchains in UK banks, setting out where we are currently at before exploring some of the high level challenges faced by the banks.

17 October 2016

Are we on the verge of a payments revolution?

Innovations in payments seemingly know no bounds. The real value for banks is actually in back end infrastructure innovation. Payments make up a critical part of a bank’s revenue stream: Global annual revenues from payments are estimated to be $480 billion. With numbers of this scale, any innovation in this area could have a huge impact.

28 September 2016

Revolution or evolution: how will blockchain technology change asset and wealth management?

We recently hosted a discussion for the Asset and Wealth Management (AWM) sector to specifically look at the application and potential of distributed ledger technology on their business. This is a summary of the discussion.

26 August 2016

5 key takeaways from working with FinTechs at Startupbootcamp

My secondment to Startupbootcamp FinTech London - some thoughts and observations for prospective founders from my experience of working with the start-ups.

24 August 2016

Watch the FinTechs, and learn: Why new competition is a good thing for FS

By Robert Churcher Are FinTech companies a threat or an opportunity for the financial services (FS) sector? Most of the time, the opinion seems to fall into the ‘threat’ camp – that these innovative small companies are so agile and disruptive that they will slowly chip away at the market...

16 August 2016

Collaboration not competition: banks find new partners

By Isabelle Jenkins The mantra of policymakers considering Britain’s troubled banking sector has for years been that competition represents the best hope of a better deal for customers. The emergence of a thriving FinTech sector, however, turns that idea on its head – for many of these firms offer not...

18 July 2016

InsurTech: A force for good

By Kasia Kirkland There is no denying InsurTech is gaining momentum. In 2015, investment into insurance technology start-ups grew by 258%, reaching $2.65 billion (CB Insights). Many point to the substantial commercial potential of InsurTech; new entrants offer products which generate greater customer demand as well as improved operational efficiencies,...

FinTech: The future’s bright

By Steve Davies The UK’s blossoming FinTech sector is a real success story of recent years and London in particular is emerging as the FinTech capital of the world. But will Brexit change all that? In the chaotic days immediately following the referendum there were concerns that the sector could...

07 June 2016

Technology in financial services: You snooze, you lose

By John Lyons For years, any financial services report that predicted life in 2020 seemed ridiculously futuristic. But not anymore. 2020 is knocking at the door and the journey there is likely going to be paved with technology-driven change and breakthroughs. 70% of financial services leaders told us in our...

18 April 2016

A beginner's guide to FinTech: navigating the jargon

By Robert Churcher and Louise Perfect Do you know your Unicorns from your Gazelles? Your Blockchain from your Bitcoin? And what’s an accelerator when it’s not stuck to the floor of your car? FinTech (or Finance Technology) is the topic storming the world of financial services, and is already changing...

13 April 2016

Time for the FCA to build on its pro-innovation reputation

By Steve Davies The FCA’s Business Plan recognises the need to prioritise innovation and technology, but the regulator has plenty of work to do Credit where it’s due. That the Financial Conduct Authority has chosen to make “Innovation and Technology” one of its seven priority areas for the year ahead,...

23 March 2016

Now is the time to embrace the opportunity: how FinTech is shaping financial services

By Steve Davies Are innovative and entrepreneurial FinTech start-ups about to steal the financial services sector’s lunch? Established market players are certainly feeling threatened: our new research, Blurred Lines: How FinTech is shaping financial services, reveals that 83% consider themselves at risk of losing some of their business to standalone...

Accelerating change – How the London FinTech landscape is evolving

By Robert Churcher 2015 saw a major shift in the UK FinTech landscape. If you started a conversation about FinTech in 2014 there was probably a 50:50 chance you were talking about innovation in Payments. (Over 50% of US FinTech investments in 2014 were for payments companies; the UK Government...

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