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The UK FinTech Awards 2021 ceremony was held at Leonardo Royal Hotel London St Paul’s in the heart of the UK’s financial centre on 22 July. Starling Bank won FinTech of the Year last night to cap off a UK FinTech Awards 2021 ceremony in which 22 categories were closely fought. Joining Starling Bank as winners were Tide (Banking Tech of the Year), Previse […]

Four Central Banks in Africa are looking at ways to share data to enable greater access to finance and promote COVID-19 recovery through collaboration with the RecovTech (Recovery Technology) TechSprint, commencing this week. The sandbox, in pilot, is already being used by members of the country’s financial services industry to work on issues that have been exacerbated by Covid-19, including fraud prevention, improving the financial resilience of vulnerable

The Financial Conduct Authority and the City of London Corporation have called in Fintech Sandpit to help build a digital sandbox. The FCA sandbox, in pilot, is already being used by members of the country’s financial services industry to work on issues that have been exacerbated by Covid-19, including fraud prevention, improving the financial resilience of vulnerable consumers, and

Fintech Sandpit has built the platform for the Digital Sandbox Pilot in collaboration with the City of London Corporation and the Financial Conduct Authority. The digital sandbox has received a huge amount of interest from the financial services industry in the UK and globally. It is the next evolution in innovation offerings that will help

Our 3-week DataSprint in July and August 2020 brought together 120 participants from across regulated firms, start-ups, academia, professional services, data scientists and subject matter experts. They collaborated on developing high-quality synthetic financial datasets to be used by participants in our forthcoming digital sandbox pilot. The digital sandbox will enable innovative firms to test and develop proofs of concept in a digital evaluation environment around 3 use cases related to coronavirus

In July 2019, we held a week-long Global Anti-Money Laundering and Financial Crime TechSprint to attempt to find better ways of increasing the detection and prevention rates of financial crime. This issue is highlighted by every year, there being 800,000 people trafficked into slavery, while around 40 million people are estimated to live under a form of modern slavery, including forced labour and prostitution. Vast sums are also