challenger banks

A Black-owned bank is defined as one in which at least 50% of voting shares are owned by African-Americans. They’re a dwindling force in the States today.

At 11:FS, we’re proud to be an integral part of a UK community at the forefront of post-financial crisis innovation. But the story of how that community came together has never been told… until now.

Why is China so far ahead on fintech? Guest author Richard Davies went to China earlier this year to see for himself. These are his findings:

Incumbent banks’ approach to becoming modern digital beasts is like a 60-year-old athlete trying to compete in the Olympics.

Challenger banks and startups have been the protagonists of the fintech landscape, they have been unbundling financial services and delivering better customer services at a fraction of the cost. But there's a different narrative in Asia.

You may have noticed from our newsletter (sign up here) and podcast (listen here or click play just below) that we’re celebrating our second birthday at 11:FS. It’s also Fintech Insider’s 200th episode. So to make it extra special we’ve done a roundtable with some of the most vital people in the 11:FS team who don’t normally get behind a microphone.

Mutually Assured Destruction is a military state of reciprocal deterrence. When it comes to innovation in banking, it’s been a case of Mutually Assured Disruption.

Incumbent banks are losing. It’s no secret that challenger banks are taking advantage of the opportunities that incumbents have left on the table. But what if that could change?

By Michael Douglas, Vice President, Strategy, Galileo

Banking for SMEs has been ineffective for a long time, with products that kept owners working on admin rather than growth. It’s time for something new.

Big business is dying. But you already know that from my previous discussion with Jeff Tijssen last week. I digged a little deeper into the issue with him to find out how big businesses need to transform to stay alive.

News of Starling Bank closing its community forum was a surprise to the industry and forum members, but it raises the questions of what exactly is a bank’s community? And what’s the upper limit to its value?

Content marketing. Feels like ages we’ve been throwing this term around, doesn’t it? The term was first coined in 1996 (25 years ago!), and sometimes it feels like many brands are still using the same content marketing playbook from five if not ten years back.

What is a challenger bank? Who are they actually challenging and does the name even make sense?

Today we’ve got the second in our four part mini-series on fintech in the UK with Tech Nation (go listen to the first one here if you haven’t already). Our latest episode on uniting the fintech kingdom focuses on what makes the UK such a unique regulatory environment. We also take a look at whether Brexit will remove the UK’s fintech crown. This post is just a little teaser for what’s coming out at 4pm today. In our podcast we examine why UK fintech is so attractive and how to keep the flow of talent and companies coming in. You can/should/need/have to listen to it asap.