UK academic FinTech network launched to boost research and innovation

Innovate Finance, the industry body representing UK fintech and a community of fintech scholars from top UK universities unveiled the UK FinTech Academic Network (UKFAN).

UKFAN will tackle the challenges of the UK financial services industry with research roadmaps on key topics including AI, open banking, payments, blockchain, regulation and green finance.

Professor Markos Zachariadis from AllianceManchester Business School will be the founding chairman of UKFAN. He said the network will provide important new research for the development of the UK’s thriving fintech sector and serve to link academia and industry.

“The UK is the second biggest fintech destination in the world, and the industry is a key economic driver for the economy,” said Zachariadis. “Now is the time to combine the efforts of our world-renowned UK academic institutions and drive the growth of the UK fintech sector by developing the next generation of transformative technologies – and we believe UKFAN can help facilitate this. “


To achieve its vision, UKFAN will bring together scholars from all relevant academic disciplines, such as finance, economics, information systems, strategy, mathematics, entrepreneurship, computer science and the humanities, to to contribute to the current dialogue around fintech in industry and the public sector. . UKFAN’s annual conference is considered the UK’s premier academic event on fintech research.

UKFAN aims to be a ‘network of networks’, developing productive and mutually supportive relationships with connected networks and organisations.

Janine HirtCEO of Innovate Finance, says it is recognized that academia can play a key role in accelerating the development and growth of innovation in financial services.

Hirt comments: That’s why we’re proud to be working with Alliance Manchester Business School to launch the UK FinTech University Network, ensuring there’s a coordinated effort that connects our outstanding and world-class UK university sector. plan to our outstanding and leading UK. fintech sector. We believe this initiative will help drive the financial innovation agenda forward and help further cement the UK as the world’s leading destination for fintech.

Scholars and academics representing leading universities with fintech research capabilities have signed up for the network. These include the University of Manchester, University of Cambridge, University College London, University of Edinburgh, Alan Turing Institute, University of Oxford, Imperial College London, University of Warwick, Loughborough University, London School of Economics, Queen Mary University of London, Gresham Middle School and City, University of London.

Innovate Finance will act as the secretariat and help coordinate the annual UKFAN event during UK Fintech Week.

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