Tagged: fintech scotland

February 1, 2024 @ 9:53 am By JD Alois  |  

Fintech Scotland says it will be partnering with Deloitte, Tesco Bank, Morgan Stanley, and ABRDN on its first innovation challenge. The inaugural innovation challenge, established in concert with the Financial Regulation Innovation Lab (FRIL), focuses on simplifying compliance by leveraging AI and other technologies. The… Read More

January 15, 2024 @ 8:27 am By Omar Faridi  |  

Scotland’s Fintech cluster has reportedly experienced a 24% increase in overall jobs within fintech as Fintech Scotland, the cluster management organization, marks its sixth year of supporting the ecosystem. Regularly delivering on Scotland’s goal to considerably boost fintech-focused roles, the nearly  25% growth is being… Read More

December 7, 2023 @ 3:00 am By JD Alois  |  

FinTech Scotland has announced the launch of the Financial Regulation Innovation Lab (FRIL). The project is predicted to shape the regulatory landscape for financial services in the UK as well as around the world. The Lab was created in partnership with the University of Strathclyde… Read More

August 15, 2023 @ 10:51 pm By Omar Faridi  |  

From today, TSB is taking applications for fintechs to participate in its third annual TSB Innovation Labs Program – “as the bank and Fintech Scotland encourage a new round of fintech collaboration.” Under the program, winning Fintechs will officially partner “with TSB to offer innovative… Read More

January 26, 2021 @ 11:37 am By Samantha Hurst  |  

  FinTech Scotland and FinTech Wales announced on Tuesday have released a report proposing increased Research and Innovation (R&I) to drive acceleration in fintech development across the UK, nationally and regionally to support growth and new jobs. The report, entitled “Research and Innovation for UK FinTech” jointly authored… Read More

December 27, 2020 @ 8:45 pm By Omar Faridi  |  

Lloyds Banking Group, which owns the Bank of Scotland, has introduced the next phase of its plan to support Scotland’s Fintech workforce. According to Lloyds, Scotland has the fastest-growing digital economy after London. The Lloyds Banking Group will be working cooperatively with Fintech Scotland in… Read More

November 24, 2020 @ 10:43 am By Samantha Hurst  |  

Check Point Software (NASDAQ: CHKP), a global provider of cyber-security solutions, announced on Tuesday it has become a strategic partner of FinTech Scotland, an independent not-for-profit body jointly established by the private sector and the Scottish Government. Check Point solutions bring a practical boost to… Read More

June 26, 2020 @ 7:46 am By Samantha Hurst  |  

Fintech Scotland announced on Friday it secured  £22.5 million innovation funding for the Global Open Finance Centre of Excellence (GOFCoE) to be established in Edinburgh and the Central region. According to the organization, GOFCoE will provide a trusted environment for participants from around the world… Read More

February 26, 2020 @ 7:18 am By Omar Faridi  |  

Fintech Scotland, an independent entity that aims to support the local financial technology-focused community and cluster in the country, has teamed up with Fintech Alliance, a platform that intends to bring together UK-based and global Fintech industry participants. The partnership between the two organizations will… Read More

January 10, 2020 @ 7:15 am By Omar Faridi  |  

The number of financial technology (Fintech) companies operating in Scotland has reportedly increased by 60% over the past year. According to Fintech Scotland, there are 119 Fintech-focused businesses based north of the border, which is significantly greater than 72 financial technology companies from the previous… Read More

October 21, 2019 @ 11:39 am By JD Alois  |  

Today, 12 Canadian Fintech firms are in the UK on a 5-day trade mission led by the UK Department of Internation Trade (DIT). The visit is part of an initiative in support of these Fintechs seeking to enter the UK market. According to DIT, the… Read More

September 6, 2019 @ 1:36 pm By Samantha Hurst  |  

FinTech Scotland announced on Friday the launch of its new consumer panel to support fintech business development. According to FinTech Scotland, the panel will connect consumer and citizen advocate groups into the fintech ecosystem with the emphasis on citizen financial inclusion, problem-solving, and innovation.   “The… Read More

May 30, 2019 @ 8:33 am By Samantha Hurst  |  

FinTech Scotland announced on Thursday the fintech community in Scotland has now increased to over one hundred innovative firms focused on re-inventing financial services through new technology and data. According to the organization, this increase continues the momentum from the start of the year when… Read More

May 2, 2019 @ 7:31 am By Cali Haan  |  

Three UK economic development groups announced this week in London that they have formed a FinTech National Network designed to connect financial technology innovators across the country. The three groups –Innovate Finance, FinTech Scotland and FinTech North– made the announcement on Tuesday at UK Fintech… Read More

September 14, 2018 @ 8:47 am By Samantha Hurst  |  

Fintech Scotland announced on Thursday it has teamed with Fife College and Fife Council to launch what it claims to be Scotland’s first “Fintech Skills Academy.” According to the organization, this new academy is set to provide highly skilled and qualified applicants for “an industry… Read More

September 13, 2018 @ 9:57 am By Samantha Hurst  |  

FinTech Scotland announced on Thursday that it has named Prudential UK its new strategic partner. According to the fintech organization, the strategic partnership reflects Prudential UK’s strong ongoing commitment to playing a lead role in the digitalization of financial services in Scotland and across the UK. … Read More

June 29, 2018 @ 11:49 am By Samantha Hurst  |  

FinTech Scotland announced on Thursday its new board members, who will work with CEO Stephen Ingledew and the FinTech Scotland team to oversee the strategic plans for making Scotland a “top five” global fintech center. The board member announcement comes just one month after FinTech… Read More

May 11, 2018 @ 10:15 am By Samantha Hurst  |  

On Friday, Fintech Scotland announced its inaugural chairman and its new strategic partners. According to the organization, these appointments were confirmed at the joint Scottish Government and industry Financial Services Advisory Board (FiSAB) meeting chaired by the First Minister, Nicola Sturgeon and Chair of Scottish Financial… Read More

March 29, 2018 @ 2:00 pm By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has been named founding partner of FinTech Scotland, which is described as a newly-established company tasked with promoting Scotland as a global fintech hub.  Since 2012, Avaloq reports… Read More

February 21, 2018 @ 12:31 pm By Samantha Hurst  |  

Last week, FinTech Scotland announced its first partnership with New Zealand fintech hub, FinTechNZ. According to the Scotland hub, FinTechNZ is The New Zealand Financial Innovation & Technology Association. It is a working group focused on delivering economic growth in New Zealand through financial innovation. Slightly… Read More