Tagged: uk

June 27, 2024 @ 8:48 am By Omar Faridi  |  

Research from Experian has revealed British businesses recognize the critical role effective data governance plays in today’s modern economy but cite inherent obstacles in putting these practices into action. The findings reveal that 8 in 10 (83%) British businesses “acknowledge data governance should no longer… Read More

June 26, 2024 @ 11:01 am By Omar Faridi  |  

Strike is introducing buying Bitcoin, global payments, and more to customers in the United Kingdom. Strike is now available in the UK, offering individuals and businesses access to a suite of Bitcoin and Lightning services. Stike noted in a blog post that they’re rolling out… Read More

June 25, 2024 @ 12:04 pm By Omar Faridi  |  

Experian and Virgin Money announced a strategic partnership to enhance Virgin Money’s digital customer experience by leveraging its suite of cloud-based technology. The partnership will see Virgin Money use Experian’s full breadth of services “including credit and lending, fraud prevention, analytics, governance, and compliance as… Read More

June 25, 2024 @ 9:38 am By JD Alois  |  

BitGo and Finery Markets have announced a partnership that will offer an integrated crypto trading market and off-exchange settlement product. BitGo is a digital asset infrastructure provider that offers custody, wallets, staking, trading, and settlement. Founded in 2013, it reports serving over 1,500 institutional clients…. Read More

June 25, 2024 @ 8:31 am By Omar Faridi  |  

Peterborough is ranked the best city to work for a small business in Britain, according to new research compiled by iwoca, one of Europe’s small business lenders. iwoca’s ‘Top 25 Towns & Cities for SME Jobs’ list ranks areas “using ONS data on average wage,… Read More

June 25, 2024 @ 8:23 am By Omar Faridi  |  

Lloyds Banking Group and Visa (NYSE: V) have announced the renewal and expansion of their 40-year partnership in the UK, as Visa becomes Lloyds Banking Group’s leading scheme provider for its Lloyds Bank, Halifax, Bank of Scotland and MBNA brands. Under the partnership, Lloyds Banking… Read More

June 25, 2024 @ 8:21 am By Omar Faridi  |  

Despite mounting concerns from pension savers, shareholders of three of the biggest US tech companies that form a significant portion of the ‘Magnificent Seven’ have dismissed calls to address the risks associated with Artificial Intelligence (AI) developments. This, according to an update from UK’s PensionBee…. Read More

June 25, 2024 @ 8:15 am By Omar Faridi  |  

According to new data released ahead of the upcoming UK general election, more than a third of young adults in the UK believe crypto is an important electoral issue. Research commissioned by Zumo, the B2B digital assets infrastructure, and conducted by Focaldata “reveals 34% of… Read More

June 24, 2024 @ 12:18 pm By JD Alois  |  

Mode Mobile, a smartphone firm that aims to turn your digital device into an “earnphone,” is raising growth capital through a cross-listed securities offering on Seedrs and Republic. Seedrs is a top securities crowdfunding platform in the UK which also serves continental Europe. Parent company… Read More

June 24, 2024 @ 9:58 am By JD Alois  |  

Curve has received the backing of Samsung Next – the VC arm of the global firm. Samsung Next backs Fintechs, including AI firms, blockchain, Healthtech, and more. Curve is a breakout UK Fintech that has previously sold securities in crowdfunding rounds. Curve’s App enables users… Read More

June 24, 2024 @ 7:43 am By Omar Faridi  |  

Revolut, a global Fintech company with over nine million UK customers and 40 million around the world, has announced it will relocate its global headquarters to the newly refurbished YY London building in the centre of Canary Wharf, committing to a ten-year lease. The move,… Read More

June 23, 2024 @ 11:56 pm By Omar Faridi  |  

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Semi-Annual Report: UK Tech H1 2024. The report, based on Tracxn’s database, provides insights into the UK Tech space. The UK is said to be “the second-highest funded tech startup ecosystem in H1 2024,… Read More

June 22, 2024 @ 6:37 pm By Omar Faridi  |  

Mymanu, an AI-powered, “patent-pending” translation-embedded Clik Pro earbuds provider seeks to enhance cross-cultural communication and have raised £270,489 from 53 investors (at the time of writing) via its crowdfunding campaign carried out via Crowdcube. As explained by its developers, with Mymanu there are “no smartphone… Read More

June 22, 2024 @ 6:23 pm By Omar Faridi  |  

Discretionary spending hit as household cost pressures continue to mount according to the latest findings from KPMG UK‘s Consumer Pulse survey. As noted in the update, four in ten consumers say they’ve “cut back on non-essential spending, reducing their monthly discretionary budget by £77 on… Read More

June 22, 2024 @ 11:37 am By Tony Zerucha  |  

Vixio, a provider of regulatory intelligence solutions, has published its 2024 Open Banking Outlook report, a unique dive into the growing issue of open banking. This report delves into the current and future open banking landscape and offers valuable insights on how businesses can leverage… Read More

June 21, 2024 @ 7:12 am By Omar Faridi  |  

The UK is experiencing a massive increase in mobile fraud. Consumers, businesses, and government agencies are alarmed and pondering their next steps as they prepare to deal with several emerging trends that have surfaced in 2024. This, according to an update from Prove. Influenced by… Read More

June 21, 2024 @ 7:10 am By Omar Faridi  |  

Digital bank Revolut is reportedly looking to become the most valuable startup in Europe with a target valuation of around $40 billion. This according to a report from the FT. Sources that claim to be familiar with these plans reportedly told the FT that Revolut… Read More

June 20, 2024 @ 9:15 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a subscription line to Palamon, a UK-based European mid-market private equity firm. Palamon has deployed more than €2.5bn in mid-cap companies “since its inception in 1999, with a focus on financial services, business services, consumer… Read More

June 19, 2024 @ 4:46 pm By Omar Faridi  |  

The UK has reportedly reached 150 million contactless cards issued, according to an update from UK Finance. UK Finance’s Card Spending Update for March 2024 shows “that contactless cards now account for 93 percent of those in issue.” UK Finance recently released its card spending… Read More

June 19, 2024 @ 12:26 pm By JD Alois  |  

A report from the UK indicates that more than 50% of consumers benefit from Open Banking but do not know it. The research claims a “clear disconnect between recognition and use of Open Banking.” Open Banking or Open Finance is mandated in the UK. This… Read More