Tagged: united kingdom

June 30, 2026 @ 9:45 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has shared “landmark crypto rules” that are said to be designed to turn the UK into a global digital asset hub. In a public statement, David Geale, Executive Director of payments and digital finance at the FCA said the… Read More

June 30, 2026 @ 1:09 am By Omar Faridi  |  

Lloyds Banking Group announced on 26 June 2026 that its co-investment partnership with Legal & General (L&G) has surpassed £1.5 billion in total participations since its launch in December 2022. The milestone highlights growing collaboration between traditional banks and large institutional investors to meet rising… Read More

June 29, 2026 @ 6:42 am By Omar Faridi  |  

The Retail Payments Infrastructure Board (RPIB) has opened a consultation to help shape the blueprint for the UK’s next-generation retail payments infrastructure. Launched on 25 June 2026, the process invites feedback on how a new core system can deliver greater resilience, broader user choice, and… Read More

June 25, 2026 @ 6:38 pm By JD Alois  |  

Crowdcube, a leading online investing platform in the UK, recently provided an update on its Nominee Structure, which assists capital formation on the platform. At the same time, Crowdcube declared that “the line between public and private markets is disappearing, and with it, value creation… Read More

June 25, 2026 @ 1:41 pm By Omar Faridi  |  

UK based banks and building societies, supported by UK Finance, have completed initial testing for a new voluntary digital verification service designed to let customers securely share verified personal details through their banking apps. Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and… Read More

June 25, 2026 @ 7:20 am By Omar Faridi  |  

Atom Bank, one of the UK’s digital banks that aims to enhance user experience, has deployed Flowable’s process automation technology to overhaul its commercial lending operations. The move represents a strategic push to deliver faster, more efficient, and highly scalable services in the competitive commercial… Read More

June 25, 2026 @ 2:22 am By Omar Faridi  |  

Starling Bank has launched a new artificial intelligence tool designed to help customers identify and avoid romance scams, investment fraud, and deepfake phishing attempts. The Scam Intelligence AI-agent, now integrated into the bank’s Starling Assistant, became available to its five million customers on 24 June… Read More

June 25, 2026 @ 1:32 am By Omar Faridi  |  

Fintech firm iwoca has recently indicated that ten years after the 2016 Brexit referendum, many UK small and medium-sized enterprise leaders are advocating for stronger economic connections with the European Union. Fresh polling from iwoca, a European lender focused on financing for smaller companies, shows… Read More

June 24, 2026 @ 10:07 am By JD Alois  |  

  The Bank of England has published proposed rules for privately issued stablecoins. This sector of Fintech may become the new, improved payment rails that provide instant transfers and payments at a lower cost than legacy providers. The rules have encouraged some participants in the… Read More

June 23, 2026 @ 2:53 am By Omar Faridi  |  

NatWest Group has introduced a comprehensive accreditation program in artificial intelligence and data ethics for its entire workforce of around 60,000 colleagues. The program aims to ensure that staff can use AI technologies responsibly and ethically as these tools become integral to daily banking activities…. Read More

June 22, 2026 @ 11:33 am By Omar Faridi  |  

Lloyds Banking Group has unveiled plans to add over 1,000 new positions focused on artificial intelligence during 2026. The move is designed to strengthen the bank’s capabilities in advanced, autonomous AI systems known as agentic AI. Recruitment is already underway for nearly 300 specialist roles… Read More

June 21, 2026 @ 10:31 pm By Omar Faridi  |  

UK’s Starling Bank is reducing the size of its board of directors following multiple recent exits. The changes, which include no plans to fill every resulting vacancy, are expected to strengthen the influence of the bank’s largest shareholder, Harald McPike. According to company filings and… Read More

June 21, 2026 @ 1:34 am By Omar Faridi  |  

TRM Labs has pointed out that the UK has designated HTX—one of the world’s largest cryptocurrency platforms—along with 17 related entities and individuals. According to insights from TRM Labs, this latest action marks the first time regulators have targeted a crypto exchange of this magnitude,… Read More

June 21, 2026 @ 12:33 am By Omar Faridi  |  

UK’s digital bank OakNorth has joined forces with Fintex Capital to create a new collaboration in specialty finance. The partnership, which is already operational, has successfully deployed £20 million in joint funding, signaling strong momentum from the outset. This alliance merges OakNorth’s drive to broaden… Read More

June 20, 2026 @ 1:54 am By Omar Faridi  |  

Recent UK labor market statistics have offered key insights into wage dynamics and employment trends, providing policymakers with important signals as they navigate ongoing economic challenges. According to analysis from professional services firm KPMG, the data suggests a cooling in underlying pay pressures, which could… Read More

June 19, 2026 @ 10:11 am By Omar Faridi  |  

Funding Circle Holdings plc (LSE: FCH), a platform specializing in finance for small and medium-sized enterprises (SMEs) in the UK, has achieved a notable benchmark in its capital markets activities. On 18 June 2026, the company announced the successful closure of SBOLT 2026-1, marking its… Read More

June 19, 2026 @ 4:16 am By Omar Faridi  |  

Starling Group Holdings Limited has successfully priced its inaugural £150 million Tier 2 bond, marking a significant milestone as the first rated public bond sale from a European neobank. The offering, completed on June 11, 2026, attracted demand from international investors, exceeding supply by more… Read More

June 19, 2026 @ 3:01 am By Omar Faridi  |  

UK Finance has indicated that the payments sector is undergoing significant transformation, moving far beyond incremental evolution into a complete redefinition. A powerful combination of advanced technologies, evolving regulatory frameworks, and global uncertainties has created unprecedented challenges and possibilities for the fintech enabled payments industry…. Read More

June 18, 2026 @ 6:21 pm By JD Alois  |  

QPlay was the first company to trade on PISCES in the UK. PISCES, or Private Intermittent Securities and Capital Exchange System, is a move aimed at improving access to capital and liquidity for smaller firms. QPlay was listed on JP Jenkins Private Market, an approved… Read More

June 17, 2026 @ 11:03 pm By Omar Faridi  |  

UK based financial services firms are bracing for a period of technology-fueled expansion, placing artificial intelligence and other advanced tools at the core of their ongoing digital transformation strategies. According to the latest annual sentiment survey from Lloyds Banking Group, optimism is surging across the… Read More