Tagged: uk

August 21, 2026 @ 4:47 am By Omar Faridi  |  

UK based digital bank Monzo activated its specialized backup platform, known as Monzo Stand-in, on August 19, 2026, after detecting technical problems that disrupted normal app functionality and payment processing for many users.The issues primarily affected the main Monzo application, outbound and inbound bank transfers,… Read More

August 21, 2026 @ 2:40 am By Omar Faridi  |  

Experian has enhanced its ChatGPT application to give United Kingdom consumers direct, secure access to their individual credit scores. Announced on 20 August 2026, this update represents the first occasion on which people in the UK can retrieve their authentic, account-linked Experian Credit Score through… Read More

August 21, 2026 @ 1:06 am By Omar Faridi  |  

Starling Bank has unveiled a range of artificial intelligence features designed to help its customers take greater control of their finances. Announced on 20 August 2026, these “smart tools” sit inside the bank’s existing conversational AI helper, known as Starling Assistant, and aim to simplify… Read More

August 20, 2026 @ 11:14 am By JD Alois  |  

The UK Financial Conduct Authority has issued a warning for investors regarding “risky” investments such as Mini-bonds and Loan Notes. The regulator cautions that these securities typically set a term for a return of the principal, along with interest, but if the firm goes bust,… Read More

August 20, 2026 @ 9:47 am By JD Alois  |  

Tandem Bank, a UK challenger bank, has announced significant executive changes following a board refresh earlier this year. In March, Tandem announced that Stephen Jones would become Chair, succeeding Paul Pester. Jones is currently Executive Chair of Investment Banking at Panmure Liberum. He previously held… Read More

August 19, 2026 @ 12:33 pm By JD Alois  |  

UHY Hacker Young Group, a UK accounting network, reports that in the past 12 months, HMRC has sent 81,000 warning letters to crypto investors, warning them they may have underpaid their taxes or not paid them at all. Last year, UHY said 65,000 crypto investors,… Read More

August 19, 2026 @ 8:24 am By Omar Faridi  |  

London-based payments Fintech Modulr has reached a key milestone by becoming a direct pa rticipant in the CHAPS high-value payment scheme, settling transactions straight through the Bank of England. This development positions the company as a non-bank payment service provider in the United Kingdom with… Read More

August 17, 2026 @ 2:17 am By Omar Faridi  |  

Zilch has unveiled a substantial product update, introducing two new membership levels alongside a pair of features designed to enhance how users handle everyday finances. The company is rolling out Extra and Plus membership options, together with Pay Monthly and Advance tools, all aimed at… Read More

August 17, 2026 @ 12:20 am By Omar Faridi  |  

Mastercard (NYSE:MA) and PEXA have announced a partnership to investigate synchronised settlement solutions. The collaboration focuses on using advanced account-to-account (A2A) payment technologies to reduce the uncertainties that often plague property completion days. Completion day has long been one of the most stressful stages of… Read More

August 16, 2026 @ 8:28 am By Omar Faridi  |  

Cashflows, a London-based fintech platform designed to help companies accept card and digital payments with ease, has revealed a strategic investment in Tap & Go. The Blackpool-based firm specializes in card payment technologies and merchant services. Details of the investment sum have not been made… Read More

August 15, 2026 @ 11:39 pm By Omar Faridi  |  

Ireland has unveiled its inaugural national strategy to combat money laundering, terrorist financing, and proliferation financing, with a particular emphasis on tightening controls within the cryptocurrency sector. Announced on 13 August 2026 by Tánaiste and Minister for Finance Simon Harris, the National Anti-Money Laundering, Countering… Read More

August 14, 2026 @ 12:55 pm By JD Alois  |  

HTX, formerly Huobi, was a prominent crypto exchange that Justin Sun took control of in 2022. In 2023, a series of events caused Huobi to rebrand as HTX. More recently, HTX has faced sanctions allegations over activity in Russia. In May, the Financial Conduct Authority (FCA… Read More

August 13, 2026 @ 8:31 am By Omar Faridi  |  

HSBC Asset Management, part of HSBC (NYSE: HSBC), has taken an equity stake in Model ML, a London-based startup developing specialized artificial intelligence (AI) tools for the financial sector. The investment, channeled through HSBC Asset Management’s primary venture capital approach, arrives as institutions increasingly prioritize… Read More

August 12, 2026 @ 10:38 pm By Omar Faridi  |  

A cross-party group of United Kingdom parliamentarians has formally challenged various banks over their reluctance to provide accounts and related services to companies focused on cryptocurrency and digital assets. The move highlights ongoing friction that industry participants say threatens the sector’s ability to expand within… Read More

August 12, 2026 @ 2:54 pm By JD Alois  |  

The UK Financial Conduct Authority (FCA) is reportedly reviewing the tokenization of gold. Multiple reports say a regulatory framework is in the works. The FT reports that one important aspect of the review is how tokenized gold could be used as collateral in wholesale markets…. Read More

August 11, 2026 @ 10:57 pm By JD Alois  |  

UK digital bank Zopa has teamed up with Hive to provide a path for homeowners to finance solar and other green home upgrades. According to a statement from Zopa, customers may now apply for a Zopa-based loan on the Hive website. Zopa notes that the… Read More

August 10, 2026 @ 12:14 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) has launched crypto trading in the UK. In a release, Robinhood said it was rolling out crypto trading to eligible UK customers beginning this week. The move mirrors competitor Coinbase, which has moved in the opposite direction, first offering crypto trading and then… Read More

August 10, 2026 @ 10:24 am By JD Alois  |  

Teya has been selected by the Financial Conduct Authority (FCA) for its Scale-up Unit, according to a note from the company. Teya is a payments, accounts and expense management Fintech that reportedly serves over 75,000 smaller businesses across Europe, including 30,000 in the UK. The… Read More

August 10, 2026 @ 9:41 am By JD Alois  |  

UK artificial intelligence (AI) funding rocketed higher in the first six months of 2026, according to research from Traxcn. The report says that from January to June of 2026, UK AI firms raised $9.6 billion, a dramatic increase compared with the same period last year,… Read More

August 9, 2026 @ 12:59 pm By Omar Faridi  |  

London-based fintech ANNA Money has completed the purchases of and Business Data Group (BDG) UK Business Forums (UKBF). The deals advance the company’s aim of creating an AI-driven operating system that supports entrepreneurs from the moment they launch a company through ongoing management and growth. ANNA… Read More