Tagged: uk

August 12, 2025 @ 7:50 am By JD Alois  |  

ClearBank, a digital bank based in the Netherlands and authorized by the European Central Bank (ECB), has partnered with UK-based Algbra, a Fintech regulated by the UK Financial Conduct Authority (FCA). ClearBank is already authorized by the Prudential Regulation Authority and regulated by the FCA… Read More

August 12, 2025 @ 5:11 am By Omar Faridi  |  

Railpen, one of the pension funds in the UK, has awarded a securitised credit mandate to Neuberger Berman – a private, independent, and employee-owned investment manager. It builds on an existing partnership between the two firms and “will provide Railpen with additional exposure to liquid… Read More

August 12, 2025 @ 2:23 am By Omar Faridi  |  

Recruitment activity across the UK continued to fall sharply at the start of the third quarter, according to the latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global. The latest reductions in permanent placements and temp billings “were often linked to… Read More

August 12, 2025 @ 12:30 am By Omar Faridi  |  

New research from iwoca shows alternative lenders are surging ahead in the SME finance market, as high street banks “lose their foothold among growth-focused businesses.” According to iwoca’s latest SME Expert Index, “almost two thirds (61%) of SME finance brokers report submitting over half of their… Read More

August 8, 2025 @ 12:39 am By Omar Faridi  |  

Following the conclusion of a formal audit tender process, Revolut Group Holdings Ltd has announced the appointment of Ernst & Young LLP (EY) as the Company’s Global Auditor, “effective for the financial year ending 31 December 2026.” A decision was made to commence a formal… Read More

August 7, 2025 @ 11:02 am By Omar Faridi  |  

LendInvest Mortgages (LSE: LINV), one of the UK’s asset managers for property finance, has announced the funding of a development loan for a residential project in the Welsh town of Caerleon. The £10,975,000 loan will be used to “transform a former college building and two… Read More

August 5, 2025 @ 12:04 pm By JD Alois  |  

Companies House, the UK repository for business filings, will soon require firms and individuals to validate their identity.  The process is expected to roll out over a 12 month period, commencing on November 18, 2025. Going forward, there will be legal requirements for directors and… Read More

August 5, 2025 @ 11:47 am By JD Alois  |  

Republic Europe, part of Republic – the largest online capital formation platform in the world, will soon add its new Mirror Notes to its European subsidiary. In the US, Republic offers Mirror Tokens, which are digital assets that “mirror” securities in private firms. By adding… Read More

August 5, 2025 @ 10:03 am By JD Alois  |  

There has been a maelstrom of complaints this week targeting the UK government and its tepid response toward digital asset innovation. As the US moves forward with new law that enables payment stablecoins under the GENIUS Act, and pending legislation on crypto market infrastructure, the… Read More

August 5, 2025 @ 2:04 am By Omar Faridi  |  

The UK banking sector is navigating a complex landscape marked by profitability challenges, evolving consumer behavior, and significant regulatory developments, as highlighted in recent analyses from KPMG UK. These insights underscore the delicate balance banks must strike to maintain financial stability while adapting to economic… Read More

August 4, 2025 @ 3:14 pm By JD Alois  |  

The Chancellor of the Exchequer, Rachel Reeves, has publicly declared her intent to enable digital asset innovation in the UK, but for many, the Chancellor is falling short of this goal. Writing in the FT, former Chancellor George Osborne, has slammed Reeves, claiming that Britain… Read More

August 4, 2025 @ 11:31 am By Omar Faridi  |  

The UK financial sector is navigating a transformative period, with evolving consumer preferences, regulatory changes, and technological advancements shaping the industry. Recent updates from UK Finance highlight key developments in consumer readiness for digital finance, improvements in Cash ISA transfer efficiency, priorities for motor finance… Read More

August 4, 2025 @ 11:29 am By Omar Faridi  |  

UK’s online pension provider PensionBee noted that the Department for Work and Pensions has this morning published annual statistics on workplace pension participation and savings trends: 2009 to 2024. PensionBee also mentioned that the statistics showed that rates of “participation in Auto Enrolment have remained stable… Read More

August 4, 2025 @ 9:24 am By JD Alois  |  

Stablecoins, although often lumped in with cryptocurrency, are actually a new technology that enables payments and transfers. Digital currency, or payments stablecoins, holds the promise of faster, cheaper, and more secure transfers compared to the more traditional processes widely used today. There was a period… Read More

August 4, 2025 @ 2:34 am By Omar Faridi  |  

UK small business sales growth slowed sharply in the June quarter (April to June), despite two official interest rate cuts earlier in the year, according to the latest Xero Small Business Insights (XSBI) data from Xero, the global small business platform. The sales slowdown in… Read More

August 4, 2025 @ 1:25 am By Omar Faridi  |  

Digital bank Monzo continues to focus on leveraging data strategies with the aim to enhance customer experiences and operational efficiency. Recent updates from UK’s digital bank Monzo highlight their approach to product development: the implementation of a reactive fraud prevention platform and a shift from… Read More

August 4, 2025 @ 12:43 am By Omar Faridi  |  

The United Kingdom’s fintech industry, often considered one of the most  progressive, is currently embroiled in a dispute that potentially risks undermining its reputation for being a business-friendly environment.  At the core of the issue is global Fintech Revolut, which has been waiting for over… Read More

August 3, 2025 @ 1:12 pm By Omar Faridi  |  

Digital assets firm Circle, the issuer of the USD Coin (USDC), the world’s regulated stablecoin, is focused on advancing blockchain-based financial systems. Recent announcements highlight Circle’s commitment to supporting regulatory clarity in the UK, integrating native USDC and Cross-Chain Transfer Protocol (CCTP) V2 on Hyperliquid,… Read More

August 3, 2025 @ 1:11 pm By Omar Faridi  |  

The US and UK are recording the “fastest growths” in crypto penetration in 2025, because of the sector’s increased “mainstream promotion and supportive institutional and regulatory sentiment in the West.” This, according to an update from GlobalData. Although still lagging many emerging economies, the US’s… Read More

August 2, 2025 @ 10:47 pm By Omar Faridi  |  

Checkout.com, a global digital payments company, announced a  partnership with Visa to enable card issuing capabilities across its platform for merchants in the UK and Europe. Checkout.com’s Visa travel card issuing capabilities will “provide merchants with access to Visa’s global issuing rails, empowering them to… Read More