30 April 2017
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Latest articles for Bank of England


Bank of England accelerator to tackle Big Data and privacy in distributed ledgers

19 April 2017  |  8320 views  |  0 News

The Bank of England is inviting applications for its latest accelerator project with an emphasis on conducting proofs of concept around machine learning and privacy in distributed ledgers.


First Islamic fintech gets UK regulator's approval

10 April 2017  |  6036 views  |  0 News

A London-based start-up claims it is the first shariah-compliant fintech to be given regulatory approval in the UK.


Bank of England may ditch animal fat for palm oil in new plastic £20 note

30 March 2017  |  4198 views  |  0 News

The Bank of England is mulling over whether to jump out of the frying pan and into the fire, replacing the use of animal fat in polymer bank notes with environmentally controversial palm oil.


Bank of England sets up fintech Community; runs blockchain and AI trials

17 March 2017  |  21983 views  |  0 News

The Bank of England's fintech accelerator programme has launched a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.


Millions of jobs at risk in Fourth Industrial Revolution - BofE staff blog

01 March 2017  |  6617 views  |  2 News

Economic arguments that the use of new technologies and artificial intelligence will lead to a reallocation of human labour to more productive tasks could be seriously wide of the mark, argues a staff paper on the Bank of England's unofficial Undergound blog, which holds out the possibility that millions of jobs may be at risk in the forthcoming 'Fourth Industrial Revolution'.


Bank of England unbowed by beef backlash

15 February 2017  |  2817 views  |  0 News

The Bank of England is to maintain production of polymer-based £5 and £10 notes, despite protests from vegetarians and vegans over the use of animal fat in the new plastic money.


BofE turns to accelerator member Anomali to tackle cyber threats

10 February 2017  |  5907 views  |  0 News

The Bank of England's new fintech accelerator is already bearing fruit. Following a successful proof-of-concept, one of the participants, Anomali, has been enlisted to help the bank monitor and mitigate cyber threats.


Carney accused of "lack of understanding" in remarks on robo-advisors

31 January 2017  |  6005 views  |  0 News

The founder and CEO of online investment manager Scalable Capital has lashed out at the Governor of the Bank of England Mark Carney, accusing him of a "deep miscalculation of priorities" for singling out robo-advisory services as a potential force for future financial instablity.


New 'secure' £1 coin to be released in March

03 January 2017  |  9680 views  |  0 News

The UK treasury is set to roll out a new £1 coin in late March which it claims is the most resistant to counterfeiting ever produced.


Bank of England bows to beef backlash on synthetic notes

01 December 2016  |  1545 views  |  0 Company announcement

We are aware of some people’s concerns about traces of tallow in our new five pound note. We respect those concerns and are treating them with the utmost seriousness.

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