Scheme opens to support young people’s financial futures

People gathered in Edinburgh Futures Institute

An innovative partnership that aims to develop better financial services for young people across Scotland has launched. The joint initiative between the University of Edinburgh’s Compassion in Financial Services Hub and charity Young Scot will place young people at the heart of its work, as academics and financial services experts will hear from them directly…

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Futures Institute launches Compassion in Financial Services Hub

Edinburgh Futures Institute

Edinburgh Futures Institute has announced the launch of the Compassion in Financial Services Hub. The Compassion in Financial Services Hub aims to bring together the financial services industry, policymakers, academia, communities, and civil society with the aim of creating a more inclusive, sustainable, and compassionate financial system. The hub seeks to explore pathways to operationalise…

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Employment growth continues for Fintech Scotland cluster

Cybersecurity analytics office

The FinTech Scotland Cluster recorded an 8% year-on-year employment growth in 2024 bringing the total number of people working in fintech to over 11,300. The continued economic contribution by the cluster comes as Fintech Scotland reaches its seventh anniversary since formation. This growth underlines the significant contribution fintech will make in delivering the UK Government…

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Funding boost for Edinburgh ‘data for good’ pioneers

Photo of the Edinburgh Futures Institute

Smart Data Foundry (SDF) has been awarded £3 million funding to operate a new Financial Data Service, enabling more researchers to study the financial health of millions of households across the UK, by providing secure access to financial behaviours, economic resilience, and regional economic activity. The funding is made by Smart Data Research UK, which…

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Fintech and Financial Services collaboration in focus at Edinburgh Futures Institute

Cover image of the Fintech and financial services brochure

Sector expertise in Edinburgh’s newest innovation hub is supporting sustained and sustainable innovation through collaboration with Fintech and Financial Services organisations. Supporting people and organisations to be adaptive, innovative and futures-focused is a key goal of the financial services and fintech team at Edinburgh Futures Institute, one of six innovation hubs in Scotland’s capital city.…

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Futures Institute welcomes partners and members

Photo of exterior of Edinburgh Futures Institute

Edinburgh Futures Institute welcomed the first cohort of partners and members to its co-location spaces this autumn.   The opening of the historic landmark building in June 2024 has been marked by a range of activities welcoming the public, students and staff of the University, and local and regional stakeholders and organisations.   The Futures Institute recently…

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Data innovations centre stage at FinTech Scotland Festival

Picture of logo for FinTech Scotland Festival

FinTech Scotland has announced the launch of the 7th Annual FinTech Scotland Festival, running from September 25th to October 4th, 2024. This year’s festival promises to bring together the dynamic and collaborative Scottish fintech community, showcasing its remarkable growth, innovation, and energy. Attendees will engage in critical discussions on topics shaping the global fintech landscape.…

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New partnership to tackle financial fraud using synthetic data

Cartoon image of a man in front of a computer with scamming alerts popping up on the screen

Smart Data Foundry has been selected to partner with the FCA and the City of London Corporation to provide cutting-edge synthetic data in support of their drive to encourage innovative solutions to tackle the problem of Authorised Push Payment (APP) Fraud. Smart Data Foundry’s leading-edge aizle® synthetic data engine is being used to create an…

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UK banks support Small Business growth with innovation challenge

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FinTech Scotland and Smart Data Foundry have joined forces to launch a UK Fintech innovation challenge in collaboration with some of the leading UK banks. This innovation challenge seeks to find innovative solutions that will support and strengthen the relationships between Financial Institutions and their SME clients.  Successful applicants will be able to access a…

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