Edited and prepared by Oscar Michel, Masters in Journalism, DCU.
David, Jason and Simon are joined for this week’s show by news show regulars Liz Lumley and Kadhim Shubber.
First up Jason guides the team through recent current account announcements from both Monzo and Starling – are they the hipsters of fintech?, Are they racing each other to release products?, and is there not room enough in the industry for both? They myth-bust the “tech-focus” of BNY Mellon’s new CEO; why “tech” is the tag everyone seems to covet – but saying it does not make it so; Kadhim introduces everyone to Shingy (shingy.com) and was the FCA’s faulty currency convertor tools deliberate or an honest mistake?
As Barclays start giving away BPay bands for free they debate whether wearable alternatives to wallets are really a thing? And if they are, should you pay for them?
David also chats with David Geale of the FCA on their latest cohort for the regulatory sandbox.
Kadhim Shubber, Reporter at Financial Times
David Geale – Director of Policy, FCA