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FinTech's Regulatory Reality

Why financial tech firms face greater regulation to compete with mainstream banks, Jamaican business-people return home to set up on the island, and Amazon's home truths.

Business Daily delves into the brave new world of FinTech - financial technology. In Britain alone, these new money transfer platforms are valued at some $30bn. But can they really threaten the mainstream banks in Europe and the US without much tougher regulation? A leading FinTech boss, Kristo K盲盲rmann, executive founder of the money transfer service, Transferwise, gives us his opinion. Also, why Jamaicans are returning from abroad to set up shop back home. And, Lucy Kellaway of the Financial Times offers some tough home truths about one rather controversial tech firm - it may not be popular but in her view, at least it tells it like it really is.

(Photo: Credit cards on computer keyboard. Credit: AFP/Getty Images)

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18 minutes

Last on

Mon 12 Oct 2015 16:06GMT

Broadcasts

  • Mon 12 Oct 2015 07:32GMT
  • Mon 12 Oct 2015 15:06GMT
  • Mon 12 Oct 2015 16:06GMT

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