The FinTech Five – 24th March 2023
24 March, 2023
Welcome to the FinTech Five, where we take a fortnightly look at the best articles, news, insights and features from our FinTech Wales members.
1. Fintech Awards Wales 2023 Open for Applications and Nominations
First this week, Applications and nominations are now open for the Fintech Awards Wales 2023. This exciting awards ceremony, now in its 3rd year, recognizes the outstanding individuals, teams, and companies driving the growth of the Fintech sector in Wales.
With 15 categories to choose from, including new categories such as Best Use of AI and Cyber Security Team of the Year sponsored by the Cyber Innovation Centre, the Fintech Awards Wales celebrate the innovative spirit and exceptional talent of the Welsh Fintech community.
For more information on the Fintech Awards Wales and to apply or nominate, visit www.fintechawardswales.com
2. Retrofit Case Study – Sero and Partners Penderi Project
Next, A flagship shared energy retrofit scheme in a Swansea development is enabling homes to generate, store, share, and manage energy generated from solar panels across the site, following the installation of ground-breaking new energy management technology.
The Penderi Energy Project is a flagship scheme being delivered in collaboration between energy tech company Sero, affordable homes developer Pobl Living and contractor Everwarm. The project will see 650 social rented homes in a Swansea community generating as much as 60% of their total electricity requirements, lowering energy bills for residents by up to 30% and reducing carbon emissions by as much as 350 tones per year.
All homes across the development are being fitted with batteries and solar panels (where their roof is appropriate) that on their own provide almost 20% improvement on energy efficiency than standard building regulations.
3. Tech Nation releases final report: how to build a scale-up
The report looks to the future, focusing on what conditions the UK needs to ensure its tech sector continues to flourish and enable scaleups across the nation to scale successfully.
Read the full report for in-depth analysis of current conditions for scaleups and recommendations for how we create the future we want to see where every scaleup has the opportunity to realise its potential.
4. Credas Added to G-Cloud 13 Supplier Framework
Next, Credas has been selected as an approved supplier for the Government’s G-Cloud 13 procurement framework. G-Cloud 13 is the latest iteration of this framework, and it allows public sector organisations to access a range of cloud-based services, including software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS).
The framework is designed to provide public sector organisations with a simple, flexible, and cost-effective way to access the latest technology solutions. It aims to promote innovation, reduce procurement timescales, and drive down costs by providing pre-approved suppliers and service offerings.
Credas’ inclusion as an approved supplier in the G-Cloud 13 framework means that public sector organisations can now easily access their digital identity verification.
5. EY BRiTE in Bristol calls for input into the evolution of the UK’s digital regulation system.
Last but not least this week, EY BRiTE (Business Research Innovation Technology and Engineering) hub in Bristol have been commissioned by the UK government’s digital regulation oversight body, the DRCF (Digital Regulation Cooperation Forum) to help identify pain points and blockers that innovators such as yourself experience with accessing and implementing regulation from multiple authorities while working on a venture.
The aim of this work is to help define changes to improve the way innovators are able to access and implement regulation content, reducing friction and enabling more innovation. In return for your input, you’ll receive an exclusive first-hand view of this research.
Until Next Time
That’s it for the FinTech Five this week. Thank you for reading, and don’t forget to join us fortnightly for more of the best content from across our FinTech Wales membership.