Insights

This month, the Financial Crimes Enforcement Network (FinCEN) fined Capital One $390m for violating the Bank Secrecy Act (BSA) and failing to comply with regulations – but the firm claims it is committed to tackling money laundering. “Capital One takes its anti-money laundering obligations very seriously,” said a spokesperson... read more

Unreliable payment rails still pose a challenge for third party providers, according to Luke Massie, CEO of VibePay. Problems with the technical infrastructure of open banking is experienced “most weeks”, says Massie. The instability of the APIs creates friction, impacting negatively on consumers’ payment process. “If... read more

Each year, we ask the market to vote for those fintechs they believe stand out from the competition – those who have gone the extra mile in terms of development and servicing their clients. As well as sector specific categories, we ask the market to suggest those organisations that have demonstrated business attributes that have set them... read more

2020 will go down in history as a tumultuous year. We are in a defining period of time, challenging human ingenuity, perseverance, and priorities. Adapting to change can be painful and uneasy and it takes time to realise the opportunities for improvement it presents.   Businesses are compelled to face the reality of change and deal with it... read more

With much of Europe and other global jurisdictions returning to yet another lockdown, we can be reasonably confident that markets will cope well this time around. The second lockdown coincided with the traditional end of the budgeting season and led to many firms shifting their priorities towards working from home and remote trading. This lockdown... read more

In the beginning, digital challengers presented themselves as a kind of anti-bank proposition. This initially served them well, especially in the wake of the 2008 financial crisis - which eroded peoples’ confidence in high street lenders so severely that ten years on two thirds of Brits still do not trust banks, according to a YouGov poll. ... read more

It's with great pleasure that we announce the 2020 bobsguide Awards. Given the levels of fluidity in markets and the increased rate of innovation required of the fintech community last year, the judges delayed many of the assessments as late as possible. Here, we have a comprehensive list of those organisations that... read more

Regulators issued fresh warnings on investing in cryptocurrencies after Bitcoin skyrocketed to a new all-time high last week. The UK’s Financial Conduct Authority (FCA) cautioned consumers about the high risks involved in investing in cryptocurrencies. “Investing in cryptoassets, or investments and lending linked to them,... read more

The Securities and Exchange Commission’s (SEC) latest charges against Ripple Labs Inc shows the regulator’s ambition to further supervise ongoing developments in the crypto space. But while increased regulation is expected following cryptocurrencies’ recent developments, the SEC’s latest move is an attempt to curb... read more