Tagged: uk

July 20, 2026 @ 1:35 pm By JD Alois  |  

According to reports, John Healey, the former Defense Secretary who resigned from the Starmer government last month, has been selected to replace Rachel Reeves as Chancellor of the Exchequer. John Burnham has taken over as Prime Minister, and he has quickly moved to oust Starmer loyalists…. Read More

July 19, 2026 @ 9:22 pm By Omar Faridi  |  

Creditspring has announced that it has surpassed £1 billion in total loans disbursed to its members. This milestone underscores the growing appeal of its innovative subscription-based lending model amid persistent economic challenges for British households. Founded in 2016, Creditspring operates as an FCA-regulated responsible lender… Read More

July 17, 2026 @ 12:39 pm By JD Alois  |  

This week, the UK government published its strategy for wholesale financial markets and its digital asset strategy. HM Treasury outlined a path to remove barriers and acknowledged the need to update regulations. The goal is to seek greater efficiency, lower costs, improved liquidity/resilience, better support… Read More

July 16, 2026 @ 5:21 pm By James Simcox  |  

The digital euro is a promising step forward for Europe, with the potential to transform how money moves across the continent. So far, much of the debate has centred on payments sovereignty and consumer wallets, and both certainly matter. A trusted form of central bank… Read More

July 16, 2026 @ 10:04 am By JD Alois  |  

Yesterday, the Transatlantic Taskforce for Markets of the Future issued a statement on an ongoing initiative for the United Kingdom and the United States to coordinate the developing digital asset regulatory environment. By working together, two leading financial jurisdictions can guide the rest of the… Read More

July 16, 2026 @ 5:25 am By Omar Faridi  |  

Mastercard (NYSE:MA) has designated the country as its primary testing ground for an advanced “agentic AI” sandbox environment. This initiative reflects the payments giant’s commitment to responsibly developing next-generation artificial intelligence systems capable of independent decision-making and complex task execution within regulated financial ecosystems.Agentic AI… Read More

July 15, 2026 @ 6:21 am By Omar Faridi  |  

The United Kingdom has implemented significant new oversight for Buy Now Pay Later (BNPL) services, marking a major shift in how these popular payment options are managed. As of July 15, 2026, providers of deferred payment credit—commonly referred to as BNPL—must adhere to stricter standards… Read More

July 14, 2026 @ 9:13 pm By JD Alois  |  

Stablecoin enablement firm Velocity has raised $38 million in Series A funding, according to a note from the firm. The funding round was led by FirstMark and Dragonfly. Other investors include Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple. Based… Read More

July 14, 2026 @ 3:34 pm By JD Alois  |  

The Transatlantic Taskforce for Markets of the Future (TTMF) has published recommendations as to how the US and the UK can collaborate on digital asset regulation. The initiative was part of President Donald Trump’s visit to the UK in September 2025. Today, the Taskforce is… Read More

July 14, 2026 @ 10:38 am By JD Alois  |  

Crowdcube’s new business of managing secondary transactions, specifically for employee tenders, will soon top £100 million in volume. This is Crowdcube’s third secondary transaction, in collaboration with the London Stock Exchange’s Private Securities Market under PISCES. Recently, Crowdcube managed Wayve secondary transactions, which totaled approximately $85 million…. Read More

July 14, 2026 @ 10:01 am By JD Alois  |  

A new report appears to indicate that crypto firms are not quite ready for the looming regulation they must comply with to provide services to  UK customers. According to Zumo and their UK Regulatory Preparedness Assessment survey, only one in ten platforms believes they are… Read More

July 14, 2026 @ 8:21 am By Omar Faridi  |  

Mastercard (NYSE:MA) is reportedly exploring the sale of a controlling interest in its subsidiary Vocalink, a key player in Britain’s domestic payments ecosystem. This move comes amid growing sensitivities around foreign ownership of critical national infrastructure, particularly an asset deeply embedded in everyday banking operations… Read More

July 14, 2026 @ 8:18 am By Omar Faridi  |  

Tom Blomfield, a British entrepreneur best known for co-founding the digital banking platform Monzo, has joined the artificial intelligence company Anthropic. This transition underscores the intense competition for top talent in the AI space, particularly in areas related to computational resources and infrastructure. Blomfield announced… Read More

July 13, 2026 @ 11:25 pm By Omar Faridi  |  

According to the latest joint report from KPMG and the Recruitment & Employment Confederation (REC), the UK jobs market in June 2026 reflected ongoing economic caution amid geopolitical tensions. Compiled by S&P Global from surveys of approximately 400 recruitment agencies, the data highlights a notable… Read More

July 13, 2026 @ 2:41 pm By JD Alois  |  

Crowdcube recently served as the exclusive platform for the sell-side of its proprietary secondary platform for the Wayve employee tender. Wayve, an autonomous driving firm, completed a sale of employee-held shares of the private firm totaling $85 million. The transaction was enabled under the new PISCES… Read More

July 13, 2026 @ 8:44 am By Omar Faridi  |  

Wayve has executed its inaugural trade on the London Stock Exchange’s newly established Private Securities Market (PISCES). The AI firm offers embodied artificial intelligence and autonomous vehicle technology and successfully facilitated liquidity for its employees holding vested shares through a controlled auction process. The transaction,… Read More

July 13, 2026 @ 4:42 am By Omar Faridi  |  

UK digital bank Monzo has launched a new automated debt consolidation service in partnership with ClearScore, the financial marketplace and credit insights platform. The collaboration introduces ClearScore’s Clearer technology to Monzo’s lending platform, allowing customers to combine multiple existing debts into a single loan with… Read More

July 13, 2026 @ 3:49 am By Omar Faridi  |  

The British Business Bank has announced a £10 million allocation to SFC Capital through its Regional Angels Program. This latest injection brings the bank’s overall support for the firm to £35 million, underscoring sustained confidence in SFC’s capacity to bridge funding gaps in underserved areas…. Read More

July 12, 2026 @ 6:07 am By Omar Faridi  |  

The United Kingdom’s financial authorities are set to implement a landmark supervisory framework starting next week, marking the first direct regulatory scrutiny of major technology and service suppliers that form the backbone of the country’s financial infrastructure. The Bank of England, Prudential Regulation Authority (PRA),… Read More

July 10, 2026 @ 1:21 am By Omar Faridi  |  

The UK Financial Conduct Authority (FCA) recently released rules to oversee the digital assets market, a significant milestone in the country’s efforts to create a regulatory environment for crypto. The rules include regulations for trading platforms/intermediaries, custody, lending/borrowing, staking, and more. These measures, scheduled to… Read More