Other initiatives to support new and innovative firms

Other initiatives to support new and innovative firms

Lowering barriers to expansion and entry

Tandem Bank (authorised in November 2015) is a digital-only bank that is retail will operate a personal finance guide which compares financial products provided by both Tandem and its own competitors. Other innovative banks are in the pipeline for authorisation.

Other initiatives to guide new and innovative firms

The lender of England supports innovation in financial services through its work to promote research that is innovative data analytics in central banking, and enhancing the ability of innovative firms to gain access to Bank of England facilities. (more…)

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