Handling other people’s money requires security and lawfulness, which means that governments often have to intervene with regulations. But regulations are often cited as stifling to innovation, which is the motivating purpose behind FinTech. In the EU, particularly in the UK, the government has worked with the industry to foster FinTech growth while maintaining stable and secure money policies. Today on Breaking Banks, guest host Chris Skinner (author of Digital Bank) talks with Lawrence Wintermeyer, Chief Officer of Innovate Finance about their work with the UK Government to write regulation that helps FinTech flourish. Also, Simon Taylor, VP of Entrepreuneurial Partnerships at Barclays. and David Brear, Chief Thinker, Think Different Group and Pascale Spelier, Managing Consultant Digital Customer Experience at Capgemini Consulting will be talking about changes in the EU that foster FinTech solutions.
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