Tagged: uk finance

January 25, 2026 @ 1:38 pm By Omar Faridi  |  

The UK financial sector is undergoing significant transformations aimed at enhancing efficiency, protecting vulnerable consumers, and addressing historical grievances. UK Finance pointed out that key regulatory bodies like the Financial Conduct Authority (FCA) are driving these changes through updated policies and industry collaborations. UK Finance… Read More

January 20, 2026 @ 1:28 am By Omar Faridi  |  

In the global ecosystem of financial services, constantly staying ahead of regulatory demands and criminal threats is paramount. Recent updates from UK Finance highlight critical areas of focus: the ongoing integration of fraud prevention and anti-money laundering (AML) efforts, and separately, the preparedness of motor… Read More

January 14, 2026 @ 11:44 am By Omar Faridi  |  

UK Finance has recently commented on how Europe is currently witnessing a considerable shift in the cryptocurrency and web3 sector, with digital assets increasingly integrating into everyday financial operations. Regulatory advancements, such as the European Union‘s Markets in Crypto-Assets (MiCA) framework, are paving the way… Read More

January 13, 2026 @ 7:57 am By Omar Faridi  |  

In the ecosystem of commercial finance, recent media headlines have reportedly proclaimed the so-called death of factoring, which is said to be a staple in business funding. However, a blog post from UK Finance now challenges this narrative, arguing that such reports are not only… Read More

January 12, 2026 @ 4:38 am By Omar Faridi  |  

In a significant step forward for the UK’s financial sector, UK Finance has released an industry proposal outlining a commercial model for Wave 2 of commercial variable recurring payments (cVRP). This development aims to expand the capabilities of Open Banking, potentially fostering innovation and efficiency… Read More

January 9, 2026 @ 12:04 am By Omar Faridi  |  

As we step into 2026, Lee Hopley, Director of Economic Insight and Research at UK Finance, emphasizes the importance of reviewing the economic data and policy decisions from the close of 2025. In the organization’s latest Monthly Economic Review, Hopley notes that this analysis provides… Read More

January 7, 2026 @ 8:06 am By Omar Faridi  |  

UK Finance noted in a blog post that as the new year begins, the prospect of a retail Central Bank Digital Currency (CBDC), referred to as the ‘Digital Pound,’ continues to linger in the UK’s financial landscape without a definitive green light. Initiated by the… Read More

December 28, 2025 @ 9:56 pm By Omar Faridi  |  

UK Finance has examined some key policy questions that have shaped 2025’s crypto regulatory development, while looking to next year ahead of the final Policy Statements. According to the update from UK Finance, 2025 has been a busy year of regulatory development in the UK,… Read More

December 26, 2025 @ 12:42 am By Omar Faridi  |  

HM Treasury’s latest September consultation, A Streamlined Approach to Payment Systems Regulation, confirmed plans to get rid of the Payment Systems Regulator (PSR) and transfer its overall functions to the United Kingdom’s Financial Conduct Authority (FCA). This marks a key moment for UK payments regulation… Read More

December 23, 2025 @ 8:31 am By Omar Faridi  |  

The United Kingdom’s credit ecosystem is changing, according to an extensive update from industry body UK Finance. The regulation that now governs this seemingly critical area of consumer finance will see several bursts of change, with an outdated regime reformed and a new regulatory framework… Read More

December 21, 2025 @ 11:39 pm By Omar Faridi  |  

UK Finance has reflected on what it described as a defining year for United Kingdom’s payments infrastructure ecosystem. Looking back over 2025, the team at UK Finance said that it is clear to them that this has been one of the most significant years for… Read More

December 11, 2025 @ 8:29 am By Omar Faridi  |  

As major jurisdictions across the globe continue exploring the feasibility and effectiveness of central bank digital currencies (CBDCs), 2025 has seen a notable shift in emphasis from relatively early retail-payment pilots toward broader infrastructure, cross-border initiatives as well as strategic policy objectives. For the United… Read More

December 6, 2025 @ 11:08 am By Omar Faridi  |  

UK Finance Chief Executive David Postings shared key insights at the Economic Crime Congress 2025. The session included key perspectives from Lord Hanson and have viewpoints shared during sessions involving Marcus Wogart, Rachel Herbert, James Babbage, Mike Regnier, Michelle Haslem and Tracy Paradise. David Postings… Read More

December 4, 2025 @ 8:12 am By Omar Faridi  |  

UK Finance has recently released its latest Household Finance Review for Q3 2025, which explores trends in overall household spending, savings as well as borrowing. Mortgage lending activity returned to growth in Q3, after a quieter second quarter caused by many transactions having been brought… Read More

December 1, 2025 @ 9:12 am By Omar Faridi  |  

UK Finance noted that gross buy-to-let lending totaled £37.3 billion over the past calendar year — which is considered to be a sign of resilience in a market navigating increasing economic volatility as well as significant regulatory changes. UK Finance has also mentioned in a… Read More

November 11, 2025 @ 7:45 am By Omar Faridi  |  

UK Finance noted that when we imagine the future of fraud, it can be quite easy to picture Hollywood-type chaos: sophisticated deepfake heists, so-called AI super-hackers, and trust in digital payments crumbling in spectacular fashion. However, UK Finance pointed out in a blog post that… Read More

October 27, 2025 @ 8:34 am By Omar Faridi  |  

Jonathan Frost, Director of Global Advisory for EMEA at BioCatch, has noted that the UK Finance half-year report indicates that although the industry appears to be pushing back, bad actors seem to be pushing even harder and, for now, gaining momentum. Frost added that during H1… Read More

October 24, 2025 @ 8:08 am By Omar Faridi  |  

More than £600 million has reportedly been stolen by fraudsters in first half of 2025. UK Finance releases its half year fraud report, detailing the amount its members reported as stolen through payment fraud and scams in the first half of 2025. Criminals stole £629.3… Read More

October 15, 2025 @ 8:13 am By Omar Faridi  |  

UK Finance has noted that AI adoption has risen in terms of compliance, but measurement continues to lag behind. According to the UK industry body,  it should actually be no secret that FIs are trying to adopt artificial intelligence across different areas of risk as… Read More

October 6, 2025 @ 12:46 am By Omar Faridi  |  

More than half of UK adults now use mobile wallets, according to a report from UK Finance. Recent figures from the Fintech and financial services industry trade body reveal how consumer behavior and payment habits in the UK continue to evolve and how they are… Read More