Fintech Pledge launched to strengthen UK’s financial technology sector Entrepreneurial network Tech Nation has launched its Fintech Pledge to accelerate the growth of the UK’s financial technology (fintech) sector through establishing standards for “efficient and transparent commercial partnerships” between traditional banks and fintech firms. Supported by HM Treasury and the Tech Nation-run Fintech Delivery Panel, the pledge consists of five principles aimed at improving the traditional banking sector’s engagement and collaboration with fintechs. These are to provide clear guidance to technology firms on how the onboarding process works through a dedicated online landing page; provide clarity to tech startups on their progress through the onboarding process; provide a named contact, guidance and feedback; encourage good practice and improvement; and to commit...