Other initiatives to support new and innovative firmsLowering barriers to expansion and entryTandem 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 firmsThe 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…) |