Canary Wharf has become cool! ... On Wednesday, George Osborne turned up in Canary Wharf to announce a new initiative that will explore the potential role of virtual currencies and digital money (Bitcoin to you and I) in Britain's economy.
While Facebook, WhatsApp, Viber and the like are locked in an arms race to help users send photos and videos with increasing speed (and discretion), one London based startup is looking to capture a more niche part of the chat market: sending money.
It's not often that those of us who work in the world of financial services get to say that we've made something that's pretty cool, but our new international payments app has really made me feel like it might be one of those times.
According to research we unveiled last week reinforces this view. The technology market for financial services is truly big business with multi-million dollar contracts regularly being made available for tender.
Much of the focus since the financial crisis has been on what went wrong with the system and how to fix it. But tweaks to the architecture of the current system and changing some of the people working in it are not what will bring about a revolution.
The news that Eric Van Der Kleij, the outgoing chief executive of the Tech City Investment Organisation (TCIO), has taken up a new role as an advisor to Canary Wharf Group could have massive repercussions for the financial sector.