Accelerating to the future: Bank of England and FinTech
The Bank of England is actively engaging with FinTech developments. We are celebrating the one-year anniversary of the Bank’s FinTech Accelerator, reflecting on the successes of our engagement with a range of firms, and looking ahead to how it can build on this over the coming year. Part of our broader engagement is in reducing the barriers to entry for new banks, and so we’ll also cover the work of our New Bank Startup Unit. This will include the types of entrants to the sector, and the supervisory challenges and opportunities ahead with FinTech.