Hunt for New Governor of Bank of England Commences

April 24, 2019 @ 9:52 am By JD Alois |

Bank of England Governor Mark Carney is on his way out. Originally, Carney was expected to step down in June of 2019. At the request of the Chancellor of the Exchequer, Carney was asked to extend his term as the UK attempted to manage Brexit… Read More

Bank of England FMI Annual Report: The Growth of Fintech Continues to Have an Impact

February 14, 2019 @ 2:39 pm By JD Alois |

The Bank of England (BoE) has published its Supervision of Financial Market Infrastructures (FMIs) – Annual Report. And inevitably buried within there are some interesting comments when it comes to innovations in finance. The Bank regulates FMIs in three broad categories: payment systems, central securities depositories… Read More

Bank of England, Bank of Canada & Monetary Authority of Singapore Join in Publishing Report on Payments and Possible Use of Blockchain

November 17, 2018 @ 2:20 pm By JD Alois |

CROSS-BORDER INTERBANK PAYMENT AND SETTLEMENTS: Emerging opportunities for digital transformation Three governmental agencies have collaborated on a report pertaining to payments and settlements seeking to join in a push for a unified approach to this sector of Fintech. The Bank of England, Bank of Canada… Read More

Head of IMF Envisions a Future Without Banks as Fintech Takes Over

October 5, 2017 @ 10:02 pm By JD Alois |

Late last month, Christine Lagarde, International Monetary Fund Managing Director, delivered a speech in the UK envisioning a future without banks. Now Lagarde did not say banks will no longer exist but she stepped up to the precipice of the death of banking stating there… Read More