Tagged: united kingdom

UK Financial Conduct Authority (FCA) Pursues Consultation on Crypto

The UK Financial Conduct Authority (FCA) has posted a consultation on crypto. The securities regulator noted taht beginning October 2027, crypto will be regulated by the agency. This fact means that the FCA must provide new guidance for participants in the crypto sector and thus… Read More

UK Lags in Artificial Intelligence (AI) Adoption in Investing – Report

The hot artificial intelligence (AI) market is booming everywhere it seems, but apparently, the UK, as well as Europe, is stuck in the slow lane. According to a recent report, the UK is lagging behind its peers as AI use in investment activities flourishes elsewhere…. Read More

Republic Europe Partners with LSE on PISCES Offering

Republic Europe, formerly Seedrs, has partnered with the London Stock Exchange to provide access to an investment opportunity through the Private Intermittent Securities and Capital Exchange System (PISCES). The PISCES initiative is relatively new and part of the UK’s push to facilitate private capital formation and trading. The… Read More

Lloyds Banking Group Teams Up with University of Glasgow on Agentic AI Initiative for Software Devs

Lloyds Banking Group has joined forces with the University of Glasgow to launch a 4-year research collab that is sharply focused on agentic artificial intelligence. Announced recently, the program aims to carefully investigate how advanced AI tools—specifically those powered by large language models or LLMs—can… Read More

British Business Bank Reports Increase in Tier 2 Capital Funding for Oxbury

The British Business Bank has strengthened its backing for the agricultural sector by providing an additional £10 million in Tier 2 capital to specialist lender Oxbury Bank. This latest injection raises the total Tier 2 facility to £35 million, building directly on an initial £25… Read More

Fintech Enables UK Business Growth : Funding Circle Lending Contributes £7.9B to Economy

Funding Circle (LSE: FCH) has noted that the UK is pushing forward with its national growth agenda and small and medium-sized enterprises (SMEs) stand ready to invest, expand, and innovate following years of economic uncertainty. Yet traditional high-street banks have continued to limit lending, widening… Read More

AI powered Financial Crime Becoming Increasingly Difficult to Tackle : Analysis

UK Finance noted that the ongoing battle against financial crime has become more challenging because artificial intelligence has emerged as a powerful weapon (but for both sides). A recent analysis from UK Finance underscores a critical shift where fraudsters are now harnessing AI to outpace… Read More

UK Jobs Market Exhibits Tentative Signs of Stabilization as Hiring Declines Ease, Report Reveals

Recruitment agencies across the United Kingdom have reported a gentle easing in the jobs market downturn during March 2026, marking the latest chapter in a year that has seen hiring activity begin to level off despite persistent global pressures. The latest data from the KPMG… Read More

UK Fintech GoCardless Reports Profitable Quarter

UK fintech GoCardless has achieved a key milestone by posting its first-ever profitable quarter. This update from the financial technology provider represents a significant shift for the company, which is said to have prioritized expansion and innovation in the payments landscape. The positive results stem… Read More

UK Government’s Latest Fraud Prevention Strategy Examined in New Report

UK Finance has noted that the United Kingdom’s government has rolled out its updated Fraud Strategy for 2026–2029, marking the first key update since the previous plan was introduced three years ago under the earlier Sunak administration. With fraud now said to be representing roughly… Read More

UK Sole Traders are Leveraging AI for Tax Filing and Preparation, Report Reveals

UK’s Starling Bank noted in a blog post that sole traders are increasingly relying on artificial intelligence to handle tax and accounting queries. According to fresh research from UK digital bank Starling, these AI focused trends are impacting the broader financial service sector as well…. Read More

British Business Bank Commits New Funding to BCRS Business Loans

The British Business Bank has committed £20 million to BCRS Business Loans, a specialist lender headquartered in the West Midlands. Announced this past week, the funding will enable BCRS to offer loans between £25,001 and £250,000 to underserved small businesses operating across the West Midlands… Read More

UK Industry Professional Says £100M Tax Relief Package Is Step in Right Direction but Startups Need Consistent Policy

Following the news update that the United Kingdom government’s £100m entrepreneur tax relief package has now officially come into effect, CI received commentary from Leo Labeis, CEO and Founder of REGnosys, on just how sustained policy clarity and consistency is vital in effectively translating investments… Read More

Global Digital Asset Firm Zodia Partners with Re7 Capital

Zodia Custody will work with Re7 Capital, a crypto-native investment firm. According to a release, Zodia will provide access to Zodia Custody’s Interchange network for custody services and off-exchange settlement. Zodia works with a number of prominent firms including Standard Chartered, Northern Trust, SBI Holdings,… Read More

UK Fintech Wise Expands into Everyday Banking with Current Account Offering

Wise (LON:WISE), the global fintech known for its focus on affordable international transfers, has officially stepped into the competitive UK retail banking sector with the introduction of its new Current Account. Announced recently this past week, the product marks a pivotal evolution for the company, shifting… Read More

UK Parliamentarians Call for Royal Commission to Review Financial Regulation

In a significant push for reform, a cross-party coalition of lawmakers has advocated for an in-depth investigation into the United Kingdom’s system for overseeing financial behavior. This initiative comes amid growing apprehensions about policies aimed at loosening rules to stimulate economic expansion, which critics argue… Read More

UK Fintech VibePay Begins Liquidation Process After Founder’s Departure 

Official filings lodged with Companies House confirm that VibePay, the British specialist in direct account-to-account transfers, has moved into voluntary liquidation. The development follows the resignation of its founder and former chief executive, Luke Massie, who departed the business in December 2025. VibePay emerged as… Read More

UK Real Estate Crowdfunding Platform Shojin Property Partners Goes Bust

Shojin Property Partners has entered administration. The UK real estate investment platform has been authorized by the UK Financial Conduct Authority since 2017. According to the Shojin website. The company filed for insolvency on March 23, 2026. Simon Carvill-Biggs and Ian Corfield, from FRP Advisory… Read More

The Payments Association Asks UK Government to Take Action Addressing Role of Social Media Fraud

The Payments Association in the UK has issued a strong appeal for the introduction of a collective accountability model in financial regulation. This proposal emerges from fresh analysis showing that a major share of recent losses tied to authorized push payment scams can be linked… Read More

UK’s Digital Bank Monzo Reports 15M+ Customers

UK’s digital bank Monzo has announced a significant achievement by surpassing the 15 million customer mark. This latest milestone underscores the rapid expansion of the challenger bank, which continues to attract users from diverse age groups and financial backgrounds while positioning itself as a comprehensive solution… Read More

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