Luke Scanlon: Fintech consultation requires right approach

Banking sector watchdog the European Banking Authority (EBA) this week launched a consultation exercise asking businesses to give their views on specific areas where fintech impacts on the regulated financial system.

The combined group will process about 40 billion transactions a year. Picture: Phil Wilkinson

Worldpay seals £9.3bn payment processing merger with Vantiv

Worldpay has agreed a £9.3 billion merger deal with US rival Vantiv in a tie-up that will create a global payments processing giant with a combined value of £22.2bn.

The fintech revolution may have stalled, 'but it still has the potential to transform banking', argues Accenture's Stuart Chalmers. Picture: Contributed

Traditional banks still standing despite fintech revolution

But we could be seeing a pause in rise of the financial industry “disrupters” rather than the game-changers running into the sand, writes Stuart Chalmers.

Guardhog warned that homeowners may not be covered when using home-sharing platforms. Picture: Steven Scott Taylor

Warning over Festivals home-sharing insurance risks

Homeowners in Edinburgh hoping to cash in on Festivals season by renting out their property have been urged to check they have suitable insurance in place.

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London Stock Exchange Group says blockchain technology enables 'a more digitised, streamlined and transparent process'. Picture: Jeff Chiu/AP

London Stock Exchange Group embracing bitcoin technology

The centuries-old London Stock Exchange Group (LSEG) is embracing burgeoning bitcoin technology in the hope of scrapping outdated paper trading certificates for small and medium-sized businesses.

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The FCA is to examine whether investors are benefiting from online platforms. Picture: Dominic Lipinski/PA Wire

City regulator to probe £500bn online investment sector

Fresh from calling for a radical shake-up of the UK’s £7 trillion asset management industry, the financial regulator has now set its sights on the growing online investment market.

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Authorities are grappling with the field of fintech. Picture: Contributed

Defusing the legal minefield in financial technology

Melanie Martin, an associate in the EU competition and regulatory practice with Maclay Murray & Spens LLP, examines fintech’s impact on competition legislation.

From left: new Deloitte directors Gareth Hancock, Paul Cowley, Daniel Barry and Mark Pool. Picture: Contributed

Deloitte targets growth with new Scottish directors

Accounting giant Deloitte is targeting further hires after appointing five directors in the Central Belt, representing continued investment in Scotland.

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Nucleus boss David Ferguson says the fintech firm is moving to a 'world-class facility'. Picture: Jane Barlow

Fintech group Nucleus Financial moving to new Edinburgh HQ

Nucleus Financial, the Edinburgh-based fintech business, is moving to a new home in the capital after agreeing a deal for space at the Greenside office development on Blenheim Place.

Aquila Insight co-founders John Brodie, left, and Warwick Beresford-Jones will remain at the helm. Picture: Contributed

Edinburgh big data outfit Aquila Insight bought by US group

Aquila Insight, the Edinburgh-based data analytics specialist, has been acquired by US marketing agency Merkle.

Worldpay was previously owned by Royal Bank of Scotland. Picture: Colin Hattersley

Payments processor Worldpay agrees to £9bn takeover

Worldpay, the UK payments processor, has reached a preliminary deal to be taken over by US rival Vantiv in a deal valuing the group at more than £9 billion.

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ShareIn's technology will help renewable energy projects secure funding. Picture: Contributed

Crowdfunding tech firm ShareIn aims to boost community power

Crowdfunding technology specialist ShareIn is supporting the launch of a venture that allows online investment in community energy projects.

Debbi McLean and Gareth Edwards have made the move to Deloitte Digital from Royal Bank of Scotland. Picture: Contributed

Deloitte hires RBS duo to help develop digital offer

Accountancy and business advisory firm Deloitte has bolstered its Scottish digital offering with the appointment of a new leadership team at its Edinburgh headquarters.

KAL founder Aravinda Korala says Edinburgh is a 'great place to be', but it is becoming harder to import talent. Picture: Contributed

Founder of cash machine giant KAL looks to ‘next big revolution’

As the cash machine celebrates its 50th birthday, the founder and chief executive of an Edinburgh ATM software specialist believes we could soon be using the devices to do much more than merely check our bank balances and withdraw cash.

ZoneFox is led by chief executive and co-founder Dr Jamie Graves. Picture: Graeme Hunter

Cyber-security specialist ZoneFox bolsters senior team

ZoneFox, the Edinburgh-based cyber-security specialist, has made a trio of senior appointments.

ShareIn co-founders Andrew Pickett and Jude Cook. Picture: Chris Watt

Fintech outfit ShareIn sets sights on European expansion

Crowdfunding technology firm ShareIn is targeting expansion in Europe after launching its first multilingual and multi-currency platforms.

The ATM of the future could provide a much wider range of services than today's devices. Picture: Ian Rutherford

What will the ATMs of the near future look like?

With this week marking the 50th anniversary of the first cash machine appearing on the nation’s streets, what does the future hold for the humble ATM?

EY said that one in three 'digitally active' consumers now use fintech on a regular basis. Picture: Shutterstock

Fintech set for further surge after leap in take-up

Levels of financial technology adoption among the general public have surged globally over the past 18 months, with the UK leading the way among developed nations, according to a new study.

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SFE chief executive Graeme Jones, left, with Burness Paull partner Callum Sinclair. Picture: TSPL

Scottish fintech body to be established to drive growth

A new body is to be created with the aim of promoting growth in Scotland’s burgeoning financial technology (fintech) sector.

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Picture: Money Dashboard

Pensions Dashboard to show all your pensions in one place

What do you think of when you hear the word pensions? Do you see pensions as smart, savvy and primed for innovation? Or something best left to the pensioners?

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