Govt to set fintech strategy in support of 'crucial' sector

Economic Secretary to the Treasury Harriett Baldwin (pictured) set out the plans in a speech at the 2016 Innovate Finance Global Summit in London on 11 April. She said the government wants to show it is committed to initiatives which will "make our fintech sector even stronger". In particular, Baldwin announced three new measures: to establish a fintech panel and delivery support function, which will set an overarching fintech strategy for the UK and monitor and drive forward fintech initiatives; to create a professional services information hub for fintechs, making it easier f...