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Payments Infrastructure: A call for Fair and Equal Access for Fintech

With the UK’s history of sophisticated financial services, it is unsurprising that the nation is now leading the charge with FinTech innovation. Investments in the sector have grown at 74% a year in the UK and Ireland since 2008, compared with 27% globally and 13% in Silicon Valley.

The payments space in particular has been shaken by new entrants, with an average of £20 billion in annual revenue now generated across payments software, data and analytics platforms. The UK government is keen to maintain this momentum, and has announced a number of schemes to ensure the UK remains at the forefront of global innovation in the financial services sector – from appointing industry veteran Eileen Burbidge as the UK’s FinTech envoy, to announcing a regulatory sandbox for financial services innovators...

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  • Published 08 February 2016

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