Tagged: united kingdom

December 26, 2025 @ 8:38 am By Omar Faridi  |  

UK fraud reports from the past year have reportedly been dominated for the most part by vehicle and various ticket scams in 2025, according to new figures from Lloyds. It was driving lessons and test scams that have now recorded the sharpest year-on-year rise, up… Read More

December 26, 2025 @ 12:42 am By Omar Faridi  |  

HM Treasury’s latest September consultation, A Streamlined Approach to Payment Systems Regulation, confirmed plans to get rid of the Payment Systems Regulator (PSR) and transfer its overall functions to the United Kingdom’s Financial Conduct Authority (FCA). This marks a key moment for UK payments regulation… Read More

December 23, 2025 @ 9:02 am By JD Alois  |  

It was reported last March that UK VC funding increased by 43.5% YoY to $1.2 billion in January 2025, in spite of fewer deals, but the quick start has apparently stalled over the following months as both deal volume and value have declined. A report… Read More

December 23, 2025 @ 8:43 am By Omar Faridi  |  

Business confidence in the United Kingdom reportedly increased to around 47% in December of 2025, surging five points from the past month and standing 10 points higher than the start of 2025, according to the most recent Lloyds Business Barometer. In addition to this, overall… Read More

December 23, 2025 @ 8:31 am By Omar Faridi  |  

The United Kingdom’s credit ecosystem is changing, according to an extensive update from industry body UK Finance. The regulation that now governs this seemingly critical area of consumer finance will see several bursts of change, with an outdated regime reformed and a new regulatory framework… Read More

December 22, 2025 @ 9:03 am By Omar Faridi  |  

KPMG UK has recently shared key insights on the latest labour market data along with other commentary on recent developments. Persistent inflation, growing unemployment concerns, along with more general economic uncertainty remain potentially significant factors that could have a considerable impact on the United Kingdom‘s… Read More

December 22, 2025 @ 9:02 am By Omar Faridi  |  

Aegon UK is now reportedly set to further extend its private market approach into its “second-largest” workplace default fund, the £12 billion Aegon LifePath strategy, currently serving “more than 375,000 pension savers.” From summer 2026 onwards, Aegon LifePath will aim to invest across “a broader… Read More

December 22, 2025 @ 9:00 am By Omar Faridi  |  

Cryptocurrency exchange Bybit has resumed services in the United Kingdom following a two-year suspension, marking a seemingly calculated return to one of Europe’s most tightly regulated markets. The Dubai-based platform, which ranks as one of the largest crypto exchanges by trading volume (despite suffering a… Read More

December 21, 2025 @ 10:40 pm By Omar Faridi  |  

Lumera, an insurtech company dedicated to the digital transformation of the European Life and Pensions industry, entered into an agreement to acquire Acuity, a consultancy firm serving the UK market, specializing in pensions and workforce reforms for public sector pension schemes. The firm reportedly has… Read More

December 19, 2025 @ 9:07 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has announced it will lift the contactless payments limit starting in March. In a statement posted today, the FCA said this will remove red tape and provide greater flexibility. Payments providers, including banks, with strong fraud controls, will be… Read More

December 18, 2025 @ 7:55 am By Omar Faridi  |  

Octopus Energy customers are now able to get their account credit back faster because of a new tie-up with fintech company GoCardless. Octopus has completed one of the Direct Debit migrations in the UK, “moving 5.5 million accounts and £12 billion of payments to GoCardless… Read More

December 17, 2025 @ 1:19 am By JD Alois  |  

Griffin, a banking-as-a-service platform that focuses on Fintechs and platforms, says it had a banner year, experiencing 5X growth in revenue while processing over £3 billion in payments. Griffin is a regulated bank in the UK that offers a full-stack, API driven platform for embedded… Read More

December 16, 2025 @ 10:34 am By JD Alois  |  

TrueLayer, a European payments network that offers Pay by Bank payments, is reporting that its Chief Operating Officer, Rob Kerrigan, will be joining the newly formed UK Payments Initiative (UKPI). TrueLayer joins 30 other firms in the payments sector, including all major UK retail banks…. Read More

December 16, 2025 @ 10:09 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has posted an update on Open Banking. Unlike in the US, the UK has outlined prescribed requirements for financial services firms to allow customers to control their data, specifying who may access it, while providing streamlined processes for changing… Read More

December 16, 2025 @ 8:20 am By Omar Faridi  |  

LendInvest Mortgages (LSE: LINV), an alternative platform for property finance, announces the launch of a long-term development finance funding partnership with AB CarVal and HSBC, intended to scale the company’s development finance proposition and enable the delivery of new homes across the nation. The funding… Read More

December 16, 2025 @ 8:11 am By Omar Faridi  |  

The British Business Bank announced a £15 million investment into PolyAI, a key player in enterprise conversational AI, as part of an $86 million Series D round. The round has reportedly been co-led by Georgian, Hedosophia, Khosla Ventures, with additional investment from NVentures (NVIDIA’s VC… Read More

December 15, 2025 @ 7:53 am By Omar Faridi  |  

Aberdeen Investments has reached agreement with MFS to acquire the management of closed end fund (CEF) assets totalling £1.5bn, further cementing Aberdeen’s position as the “fifth largest” asset manager of CEFs internationally. Via a series of mergers and reorganisations, nine MFS funds, in addition to… Read More

December 11, 2025 @ 1:00 am By JD Alois  |  

Online lender LoanTube (trading as Tiger Lion Financial Limited) says its credit marketplace is now available via ChatGPT. Of note, LoanTube’s ratings on TrustPilo are pretty good. According to a release, LoanTabe states that loan applications can be completed via chat in a “conversational interface…. Read More

December 10, 2025 @ 7:57 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking, announces its partnership with Finseta plc , a foreign exchange and payments solutions company, to deliver agency banking services supporting GBP and multi-currency (MCCY) accounts. Under this partnership, Finseta will leverage ClearBank’s virtual IBAN tech in… Read More

December 9, 2025 @ 2:00 am By Omar Faridi  |  

Some key findings from the latest KPMG UK jobs report highlight the fast-evolving activities in the nation’s business and hiring sectors. The main takeaways are as follows from the latest KPMG report: Weaker, but still marked, reduction in permanent worker demand Uncertainty and higher staffing… Read More