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We find Fintech news from around the world and share it with you here.

High Earners Continue to Flee UK Due to Taxes: Report

On the eve of the Chancellor’s Autumn statement, which is expected to see increases in various taxes, including a rise in capital gains tax, a recent report highlights the number of people fleeing the UK to avoid the ever-growing burden on high earners.  This is… Read More

iCapital Deploys DLT to Enhance Alternative Investment Onboarding, Pre-Trade Processing

iCapital, the fintech shaping the future of investing, has recently announced the deployment of distributed ledger technology (DLT) to support Morgan Stanley (NYSE:MS) Wealth Management’s alternatives business. This latest initiative is part of iCapital’s broader strategy to drive digital transformation and deliver seamless connectivity, enhancing… Read More

PISCES Approved JP Jenkins Partners with Ledgy

JP Jenkins, recently approved to operate a PISCES platform in the UK, says it has partnered with Ledgy. Ledgy is an equity and share plan management platform for companies from early stage through publicly listed firms. The agreement is to offer an end-to-end solution for… Read More

Gemini’s Head of UK Comments on Prediction Markets, Tokenized Stocks, Other Product Launch Plans

Gemini‘s Head of UK, Daniel Slutzkin, has shared key insights with CI. During our conversation, Slutzkin touched on how Gemini (NASDAQ:GEMI) plans to focus on product development for European markets this coming year. He also talked about their overall approach to business operations, given the… Read More

KPMG UK Comments on Latest Inflation Data, Potential Rate Cuts

KPMG UK has recently commented and shared key insights on the newly released inflation data. Yael Selfin, Chief Economist at KPMG UK said that slowing inflation strengthens the case for a potential December 2025 interest rate cut, Selfin added that the latest data is seemingly positive… Read More

Lowering UK ISA Limits Won’t Shift Commitment to Cash : Research

KPMG noted that the majority or 87% of UK adults with cash ISAs will not invest in stocks and shares should the cash ISA allowance is reduced. This, according to the latest research from KPMG UK which also mentioned that most will now aim to… Read More

UK’s Finance Brokers Say Government Policies are Negatively Impacting SMEs : iwoca

European Fintech iwoca noted that over three-quarters (76%) of business finance specialists say the Government’s policies have had a negative impact on the UK’s SMEs, with the situation predicted to “worsen” at the Budget.  The new research from iwoca finds that the “criticisms” of the… Read More

VerifiedX Teams Up with Crypto.com for Institutional Custody and Liquidity Solution

Crypto.com and the VerifiedX (VFX) Network (VerifiedX.io), the people’s network and a global enabler of self-custody and Web3 wallet infrastructure, announced that Crypto.com will now offer VerifiedX secure custody and liquidity support for “$1.5 billion in assets,” as well as OTC trading capabilities. Via the… Read More

Klarna Taps Blackhawk Network to Grab Share of $447B Gift Card Market

Klarna, the global digital bank and flexible payments provider, has expanded its partnership with Blackhawk Network (BHN), a global provider of branded payment solutions, to give consumers even more choice and flexibility for purchasing gift cards, just in time for the holidays. Gift cards remain… Read More

Allica Bank Report Reveals Impact of Challenger Lending to UK based SMEs

A report from Oxford Economics, commissioned by Allica Bank, highlights the seemingly transformative role challenger banks play in driving Britain’s economic growth. The latest research report indicates that in 2024, Allica Bank’s lending to Britain’s established SMEs supported more than 84,000 jobs across the country,… Read More

Regtech Fenergo, Moody’s Partner to Enable Perpetual KYC

Fenergo, a provider of AI-powered Client Lifecycle Management (CLM), Know Your Customer (KYC) and Anti-Money Laundering (AML) transaction monitoring solutions, announced a partnership with Moody’s Corporation (NYSE: MCO) in order to integrate Moody’s Entity Verification API into Fenergo’s FinCrime OS. The partnership now brings together… Read More

British Business Bank’s UK Growth Partnership Unveils Partners for Targeted £200M Initial Close of Fund at End of FY

The British Business Bank has announced that Aegon UK, NatWest Cushon, and M&G are the partners for the initial close of the British Growth Partnership Fund I, currently subject to final terms and relevant approvals. All parties have now completed investment “diligence” and are said… Read More

Australian Businesses Now Expect Chief AI Officers to Work with CFOs : Survey

Research from financial and payments platform, Airwallex, indicates that one in five (19%) Australian business professionals now expect to see a Chief AI Officer (CAIO) working along with the CFO as more businesses begin to effectively embed AI into their core operations. The Airwallex Future… Read More

Hidden “Junk IRAs” to Threaten $43B US Retirement Savings by 2030, Report Claims

Up to 2 million retirement accounts could now reportedly be at significant risk of automatically rolling over into Safe Harbor IRAs every year. Recent research shared by PensionBee indicates that millions of US consumers may be unknowingly “jeopardizing their retirement security” when they change up… Read More

Equifax Announces Acquisition of HR Platform Vault Verify

Equifax (NYSE: EFX) announced that it has completed the acquisition of Vault Verify, a provider of HR services, such as employment and income verification services. According to the update from Equifax, this acquisition enhances the data that Equifax provides to verifiers to “help them make… Read More

Embedded Insurance Firm Says Autumn Budget Needs Freeze in Tax, More Regulatory Clarity

Ross Sinclair, CEO and founder at embedded insurance firm EIP, has shared his hopes for the Insurtech sector and possible policy changes announced in the Chancellor of the Exchequer’s Autumn Statement. The budget will be revealed by Chancellor Rachel Reeves this Wednesday. Some Fintech insiders are concerned… Read More

CEO of DECTA UK Says Autumn Statement Needs to Introduce Drastic Reforms

The Autumn Statement will be delivered by the Chancellor of the Exchequer, Rachel Reeves, this Wednesday. Much of the speculation surrounding the budget proposal swirls around rising taxes and support for specific programs. The Labour government inherited a challenging economy with declarations of a “fiscal… Read More

Digital Banking: Atom Bank Gains £1.3 Million in Ongoing Crowdfunding Round

Atom  Bank, described as the UK’s most trusted bank, is in the final days of a funding round listed on Crowdcube. According to the offering page, Atom Bank has raised £1.3 million from 1576 individual investors as of today. For investors, you are purchasing equity… Read More

UK Consumers Warned About Potential Rise in Identity Fraud : Experian

Data and tech company, Experian, and fraud prevention service, Cifas, released a report which reveals a 9% rise in identity fraud, signaling the scale of fraud facing UK based firms as the festive season approaches. ‘Unwrapping fraud: helping you to prepare for the festive season’… Read More

Dark Web Now Increasingly Attracting Laid-Off Workers, Elite Talent, Report Reveals

Cybersecurity firm Kaspersky noted recently that there was a significant increase in the number of résumés and jobs that had been posted on so-called underground forums in Q1 2024 when compared to Q1 2023, and this figure reportedly remained on the same level in Q1… Read More

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