• Anders la Cour,, CEO at Banking Circle Group


• 21.02.2022 01:30 pm
#banking

“A year ago, the Kalifa report revealed that the UK was at risk of losing its trailblazing position in the FinTech world. Fast forward twelve months and the UK has held firmly onto its crown. Indeed, KPMG’s recent ‘Pulse of FinTech’ report showed investment topped an impressive £27.5bn. This is a massive win for not just the UK, but Europe and the rest of the world, as this sort of investment drives competition and innovation forward. 

Digital transformation in Financial Services is currently at a tipping point, with technology empowering Banks, Payments businesses and Financial Institutions all over the globe. In particular, the likes of Buy Now Pay Later, Request to Pay and using emerging technology such as AI are set to define the year ahead – it’s incredibly an exciting time to be in FinTech right now. That said, the industry is facing a massive skills gap. In fact, recent research found 100% of FinTechs had a skills gap in their organisation, according to CIOs. Upskilling will be an important tool for futureproofing businesses and to ensure the UK stays at the top of its FinTech game.” – Anders la Cour, CEO of Banking Circle Group