Bank of England Gets into Fintech Space With ‎Accelerator for Innovations

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Bank of England Gets into Fintech Space With ‎Accelerator for Innovations

Postby kreslik.news » Sun Jun 19, 2016 5:01 pm


The Bank of England has become the first central bank to launch a ‎‏‘‏fintech ‎accelerator‏’‏‎ that will work with new technology firms to help it harness FinTech ‎innovations for central banking, according to an official press release on the BoE’s website. ‎

The new initiative, which has already carried out initial work in some areas, will ‎open the door to fintech start-ups developing solutions in data anonymization, ‎cyber security and distributed ledger technology. In return, the accelerator will offer ‎firms the chance to demonstrate their solutions for real issues facing policymakers, ‎together with the valuable ‘first client’ reference that comes with ... (read more)

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