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Transatlantic alliance to aid fintech

Innovate Finance, the membership association for global fintech, has announced a strategic partnership with BritishAmerican Business.

Both organisations will work together to champion and help fintech firms connect and build their businesses and ecosystem on both sides of the Atlantic, forging closer fintech ties between New York and London.

“As the next wave of innovation in financial services begins to evolve, we are seeing London and New York emerge as the epicentres of collaboration between the incumbents and disruptors, between regulators and innovators, and investors and entrepreneurs,” said Alastair Lukies CBE, chairman of Innovate Finance.

“The partnership with BritishAmerican Business provides an ideal platform for both organisations to continue to champion the global agenda for the fintech ecosystem, and to maximise benefits to their respective members on both sides of the Atlantic.”

Jeffries Briginshaw, chief executive of BritishAmerican Business, agreed: “The pace of innovation in this sector is rapid, and we aim to be out in front as we agree the collaborations that will drive an exciting joint program for 2016 and beyond – initially focused in New York.

“Our ability to provide information, access, and influence among our members and policymakers will be significantly enhanced by this cooperation.”

A highlight of the partnership initiative is an annual transatlantic fintech event in New York that will bring members from both organisations together to celebrate the sector’s accomplishments for the year.

The organisations will also create the world’s first transatlantic advanced fintech course between two top universities in the US and the UK, to be announced in early 2016.

 

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