Tagged: uk

July 30, 2026 @ 11:43 am By JD Alois  |  

Marex, via its Winterflood division, is offering retail investors access to the Jersey Mike’s (JMKE) initial public offering (IPO). Jersey Mike’s is floating 43,478,261 shares on the New York Stock Exchange at a price of $23 per share. Jersey Mike’s Subs is a restaurant franchisor… Read More

July 28, 2026 @ 10:44 pm By Omar Faridi  |  

Customers of several major UK high street banks faced disruptions to digital banking services on Monday, with widespread reports of difficulties completing online transfers and payments. Account holders at institutions including Lloyds Banking Group brands and Barclays encountered problems that began emerging around midday, according… Read More

July 27, 2026 @ 8:33 am By JD Alois  |  

Open banking platform Salt  Edge has made a strategic investment in Sientia. Sientia is a “payments-linked advertising platform” that supports rewards, loyalty programs, and insight into purchasing activity. Sientia is a bootstrapped firm that works with global brands including Adidas, Ocado, Lyle & Scott, Honest… Read More

July 26, 2026 @ 12:13 pm By Omar Faridi  |  

B2C2, a London-based cryptocurrency market maker majority-owned by Japan’s SBI Holdings, has engaged in discussions with several prospective buyers regarding a partial or full sale of the company, according to recent reports. These conversations, which have spanned roughly the past year and a half, involve… Read More

July 24, 2026 @ 8:54 am By Omar Faridi  |  

UK digital bank Monzo has teamed up with the Centre for Inclusive Money at Nest to tackle the significant shortfall in retirement savings among the country’s self-employed workers. The collaboration aims to examine practical ways banks can encourage sole traders and freelancers to put money… Read More

July 24, 2026 @ 1:56 am By Omar Faridi  |  

KPMG UK has offered its expert perspective on the most recent inflation statistics released for June, highlighting a continued easing in price pressures while cautioning about potential future challenges. The professional services firm emphasized that the data reinforces the Bank of England‘s measured stance on… Read More

July 22, 2026 @ 9:37 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has shared that it will work with top-tier AI firm Anthropic on its “Supercharged Sandbox,” an environment where firms can test AI products and models geared towards financial services. The FCA stated that all accepted entities will gain access… Read More

July 22, 2026 @ 9:13 am By JD Alois  |  

The UK government is in the midst of a significant change following the exit of Keir Starmer and the selection of Andy Burnham as the new Prime Minister. While industry and financial services remain optimistic about the new government, clarity on policy will emerge over… Read More

July 22, 2026 @ 8:17 am By Omar Faridi  |  

Zilch, a player in flexible payments, has announced a strategic collaboration with Rezolve AI, a provider of AI-driven commerce and customer engagement solutions. The alliance integrates Rezolve AI’s Reward platform into Zilch’s ecosystem, significantly broadening access to UK retailers through the company’s Intelligent Commerce offering…. Read More

July 21, 2026 @ 10:50 am By JD Alois  |  

The new Prime Minister, Andy Burnham, raises many questions for the entrepreneurial class, including the key Fintech sector. Innovate Finance, an advocacy group supporting innovation in financial services, has distributed an email sharing thoughts on the new government. Many pundits note that Burnham will swing… Read More

July 21, 2026 @ 9:03 am By JD Alois  |  

UK Fintech funding slowed in the first half of 2026, according to a new report. In total, $1.5 billion was raised during the first 6 months of 2026, down 26% from the same period the year prior and a decline of 35% from the last… Read More

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