FINkit Teen Tech Accelerator
Apr27

FINkit Teen Tech Accelerator

Today is National Take Your Child to Work Day and at FINkit, we joined in early – running our own Teen Tech Accelerator a couple of weeks ago in the Easter Holidays so as not to detract from our children’s school work, especially as it has still to really take on in the UK as much as the US and they’d otherwise be missing a normal school day. Our objective was to really bring to life ‘a day at FINkit’ so rather than spending a day...

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RegTech Ready, Steady, Go: A Guide To RegTech for Beginners.
Mar27

RegTech Ready, Steady, Go: A Guide To RegTech for Beginners.

RegTech – a buzzword used commonly over the last year in FinTech and Finance – but what is it, who is it for and what does it do? Should you implement it? Do you need it? Just some of the dozens of questions I’ve been asked over the last six months and I thought I’d do a quick beginner’s guide as there are very little of those out there. And as to how to pronounce it – it’s Reg as in Peg, not your Great Uncle Reg who’s worth a...

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Brave New World Embraces Failures as Learnings
Jan05

Brave New World Embraces Failures as Learnings

We have great affinity with Chris Skinner and his blogs regularly hit home. In this – a list of predictions for 2017 – he discusses, amongst other things, that the investment in innovation is changing.  From our own experience, we would concur that Innovation is indeed slowly moving out of the labs and into real-time time testing and that the way to collaborate with FinTechs has to be in the cloud (APIs) but outside of the core...

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2017 UK Retail Banking: What’s Hot and What’s Not
Dec19

2017 UK Retail Banking: What’s Hot and What’s Not

2016 has been a very busy year and my team and I at FINkit have been out there meeting with and talking to banks big and small and FinTechs in their hundreds. It’s been enlightening; I’ve learned so much from so many and after consolidating sentiment, data and experience, I’ve chosen five things that I think are hot and five things that – for whatever reason – are not for 2017 UK Retail Banking.   What’s Hot The Sandbox: Whether...

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Dropping the curtain on ‘Innovation Theatre’: Part Five
Dec05

Dropping the curtain on ‘Innovation Theatre’: Part Five

Our event, Dropping The Curtain on Innovation Theatre,  last Monday wrapped up with a panel discussion on predictions for 2017. What is going to happen over the next 12 months that has us all talking this time next year? The panel’s views broadly fell into four categories: 1)    Blockchain – will it? Won’t it? Are we approaching the hype peak? Is the latest announcement about Santander and Goldman Sachs leaving R3 telling? 2)    China...

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Dropping the curtain on ‘Innovation Theatre’: Part Four
Dec02

Dropping the curtain on ‘Innovation Theatre’: Part Four

“40% of bank C-suites have zero technology experience.” The team at FINkit has had the fortune of working with some real visionaries – both within our own team and at our clients and partners. People that know the future is coming, know the role that technology can play, get the commercials, see the hurdles and have the strategies to overcome them. In technology, ‘disruptors’ and risk takers are ten-a-penny. In banking you...

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Dropping the curtain on ‘Innovation Theatre’: Part Three
Nov30

Dropping the curtain on ‘Innovation Theatre’: Part Three

“Trying to work with a bank is painful at best” Steve Lemon, Co-Founder of Currencycloud In his opening talk at ‘Dropping The Curtain on innovation Theatre’ on Monday, Alastair Lukies, the UK Prime Minister’s Business Ambassador for FinTech compared running a FinTech in the UK to being the baby iguana running for its life from the racer snakes on the BBC’s Planet Earth. Having been one of the early ‘FinTechs’ and spent a...

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Dropping the curtain on ‘Innovation Theatre’: Part Two
Nov29

Dropping the curtain on ‘Innovation Theatre’: Part Two

Last night we held the second event in a series we will be running to not only debate the well documented challenges in the retail banking sector but also inspire commitment for collaboration and practical change. Financial technology influencer and author Chris Skinner, Scott Abrahams, Global Head of Emerging Payments for Mastercard, Innovate Finance CEO Lawrence Wintermeyer, Steve Lemon, Co-Founder of Currencycloud and Alastair...

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Dropping the curtain on ‘Innovation Theatre’
Nov24

Dropping the curtain on ‘Innovation Theatre’

We have written extensively about the frustrations associated with the ‘Innovation Theatre’ that is all too prevalent in the retail banking industry. Labs, hackathons, redesigned receptions, dedicated teams based in Shoreditch – the list of tactics is extensive in the attempt to mask the reality, which is that very little is being done to get real innovation into customers’ hands. This is frustrating for the countless FinTech...

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Announcing our FINkit Partner Programme
Nov16

Announcing our FINkit Partner Programme

Today, we announce our FINkit Partner Programme, something I’m immensely proud of. You can read the announcement for yourself by following the link on this page, but I wanted to put some human narrative around what we have done and why. Firstly and quite purposely, we haven’t gone for a marketplace approach of ‘sign up and suit yourself’. Instead, my team and I have assessed over 120 FinTechs and Service...

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