Monzo will need to focus on only the essential to avoid Xinja’s fate
By realising too late that the bank needs to work on products that give it a sustainable future, rather than…
Expect a much less conducive future fintech environment in China
In an effort to regain full control of China’s financial services sector, the Communist Party (CCP) is likely to tear up the country’s previously laissez-faire attitude to fintech, choking off…
12 Jan 2021
Credit unions need to wake up to their increasing irrelevance before it is too late
While credit unions contemplate how to appeal to new audiences, their digital competitors have left them stranded in the market. Instead, they need to adapt or die: deliver better financial…
14 Dec 2020
Banks will find it hard to take on BNPL without offering it themselves
Rather than fear creating competition for their own credit card ventures, banks should view buy now pay later (BNPL) as a way to introduce new consumers to their wider suite…
26 Nov 2020
Regulatory changes halt Ant Group’s IPO, leave state-backed banks rejoicing
Initially anticipated to take place approximately two years ago, Ant Group’s initial public offering (IPO) has suffered another setback as its dual listing on the Shanghai and Hong Kong stock…
20 Nov 2020
HSBC’s TransferWise alternative shows how to fend off challenger threat
Banks have woken up to the reality that customers are slipping away thanks to services such as currency exchange, wealth, and budgeting tools, with the only remedy now to compete…
11 Nov 2020
Profession-based selective lending by Swansea Building Society will ease mortgage repayments for key workers
The Swansea Building Society has launched a Medical Professional Mortgage (MedPro). The new offering may be supportive to some but will be considered as unfair, preferential treatment by others, as…
20 Oct 2020