Europe

For the first time in years, notions of data privacy, consent and security are mainstream. It’s a sudden backlash to an issue that infosec experts have been warning us about for even longer.

When the lights went out we got some of the brightest in the industry to shine a spotlight on Open Finance for our third virtual After Dark, a live recording of our award winning Fintech Insider podcast.

The wait was finally over. Game day arrived. The Big One. 11:FS vs Monzo, in 11:FC’s first professional 11-a-side fixture. Nerves were jangling in 11:FC HQ in the lead up the game. Captain Petrit Berisha led his men in extensive warm ups, team talks, tactics and formations all day, to get the team both mentally and physically ready for the challenge that awaited them.

A banker who shall remain anonymous has penned this exclusive undercover piece, giving us the insider’s view on why they believe Open Banking APIs may be stifling rather than driving competition in UK Banking. Writing under the pseudonym “The Stigcumbent” to protect their identity, they want to expose the friction created by Open Banking, and the potential failure to create competition as a result. Read on for more…

From an idea to a live show in a few days. We’re looking to bring the financial services, fintech and wider community together while we’re all so far apart.

Today marks the first of our brand new mini-series in collaboration with Tech Nation. We’re launching One Fintech Nation, a series looking beyond London and uniting the fintech kingdom. For too long the UK fintech scene has been viewed (perhaps unfairly) as very London-specific, when it extends beyond London’s borders and to all the countries that make up the United Kingdom.In our podcast we pop the London fintech bubble and show you the groundbreaking work being done across the nation. You can/should/need/have to listen to it here.

Until the wider acceptance of Bill James ‘Sabremetrics’, immortalised in ‘Moneyball’ by Michael Lewis in his book from 2003, the rating of Major League Baseball (‘MLB’) players was determined by subjective talent scouts and a few basic statistics. James first defined Sabremetrics as ‘the search for objective knowledge about baseball’ in 1980. But it took over 20 years for Sabremetrics to be accepted as a powerful tool in rating players and understanding their impact on the financial side of baseball. What in the world does this have to do with understanding investing? Like baseball and Sabremetrics, technology has enabled a new breed of asset manager to connect in a more meaningful way with the end investor.

Monzo have become the world’s first smart bank as they have integrated If This, Then That (IFTTT) into their banking technology, which launches today. IFTTT has nearly all internet based services linked into it, from social media to slack bots and smart home devices to Google calendars, but up until now, no financial services.

This crazy time of being locked away has got me reflecting on how lucky we are to be digitally connected and how I've seen this community in action.

Sam Frampton has had an incredibly successful experience during his time as an 11:FS intern. He created and project managed our Beginner’s Guide to Open Banking that you can find here. In addition to this he’s helped provide strong insightful data into our Fintech Insiders website, a forum for fintech you can find here. Using that data he also created a daily newsletter that recaps the latest in fintech news, sign up and you’ll get an insight into just some of the work our 11:FS interns do. Our interns get to create and effect meaningful change in the company. If you can prove value and show why something needs to be done differently, we’ll do it. That’s part of what it means to be at 11:FS.

Welcome to our new series, where each month an 11:FS designer will share their favourite design moments from financial services + interesting reads.

Crypto is more than just the next shiny thing. It’s a new transactional infrastructure enabling use cases that were previously impossible, while disintermediating established players across markets.

I’m recapping the best, brightest, and boldest live show Fintech Insider: After Dark has ever done. Listen back here or stream below as Simon, Ross, and Sarah, are joined by a panel of special guests to tackle the biggest and silliest stories of the week. Equipped with drinks, guests, party hats, and an enthusiastic audience we’re ready to start the show.

Imagine you’re a grocer in Tanzania. The sun sets, and you’re forced to close shop because you—like the majority of those in your country—have no electricity. Then a mobile money loan gives you access to a solar battery, which allows you to charge your phone while keeping the lights on in the evening. You pay for the power you need on a daily basis. You expand your hours. Earn more money. Your child returns to school.

'Composability is the ability to combine digital assets and their corresponding behaviours in the world of web3.' - How web3 is shaping the future of finance, 11:FS