London tech start-ups in financial services and payments

A good survey from the New York Times here.

“London’s fast-growing start-up scene is trying to disrupt the financial status quo. As consumers’ trust in banks deteriorates because of a series of recent scandals, young companies are pressing their newcomer advantage. Firms are offering services like low-cost foreign currency exchange and new ways for small business to borrow cash.

Backed by venture capital firms like Index Ventures, the financial start-ups are taking on entrenched incumbents by using technology to pare back costs and improve the customer experience.”

See also: Venture capital and tech: government investment, not VC managers, is what matters

SEC filings: better done in-house

After Google’s EDGAR filing mishap last week, an article from the NY Times on why companies still use third parties to make these price sensitive filings.