In the news - 08.04.16

The Marketing Eye Newsletter

The latest news from the world of Alternative Finance and FinTech

Smart Money People syndicating reviews on P2P Money

With more and more consumers thinking about investing and borrowing using P2P platforms, our client, Smart Money People, is now displaying independent P2P reviews on the P2P money website. (The Marketing Eye)

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Advisers given year to opt out of P2P permission

Advisers have a year to decide whether they want to opt-out of providing advice on peer-to-peer lending agreements, the Financial Conduct Authority has said. (FT Adviser)

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FCA under fire for Innovative ISA approval delays

Heads of peer-to-peer lending platforms have criticised the regulator and government for their handling of the Innovative Finance ISA launch, with only a handful approved in time to offer the savings product. (FT Adviser)

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Crowd2Fund approved for IFISA. Promotes higher interest rates for investors

While some of the larger peer to peer lending platforms have not yet announced FCA regulatory approval to offer an Innovative Finance ISA, Crowd2Fund is ready to go for the launch of the updated savings vehicle.  (Crowdfund Insider)

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Britain's financial regulator is going all in on fintech

Britain's financial regulator, the Financial Conduct Authority, is going all in on the regulation of fintech in the coming year. The FCA said in its annual Business Plan, released on Tuesday that it wants to ensure "greater compliance" amongst fintech firms. (Business Insider UK)

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Fintech helps London to keep global finance title

London has retained its title as the financial centre of the world, according to a global study – but second-placed New York is keeping up the pressure. The City wrested the Global Financial Centres Index title back from the big apple in September last year after receiving a boost from the Conservative party’s General Election victory. This time round, the capital’s booming financial technology sector gave it the edge over New York. (City A.M.)

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