Bank of England stories
UK financial firms are adopting AI faster than they can police it, with Zango warning that the sector lacks a shared governance standard.
Anthropic's Agent Harness tests how much businesses should trust AI agents, as experts warn automation could amplify failures and cyber risk.
SLR deepens its digital climate analytics offer with the acquisitions of Planetrics and ClimSystems, targeting asset-level risk modelling.
Revolut secures full UK bank licence, pledging GBP £3 billion investment, 1,000 new jobs and a phased roll-out of FSCS-protected accounts.
ACI backs UK banks' drive for sovereign payment rails to cut reliance on Visa and Mastercard and bolster geopolitical resilience.
Squirro rolls out long-term support AI update aimed at frictionless, governed generative workflows in tightly regulated enterprises.
Major UK and US firms have reduced forex hedging amid policy uncertainty, but most plan to increase it significantly if interest rates rise in 2026.
US and UK finance leaders cut FX hedging to lowest levels since 2024 start, but most will increase cover if interest rates rise next year.
A new machine learning model forecasts corporate credit rating changes early, aiding investors in managing risks amid rising borrowing costs.
UK business groups and payments firms warn Treasury delays on stablecoin policy are holding back sterling-backed tokens and cross-border finance.
Banks and regulators race to assess Anthropic's controlled Mythos access, as AI cyber testing raises fears over payments, trading and wider financial stability.
Tokenovate joins the Bank of England's RTGS Synchronisation Lab to test programmable, tokenised settlement for wholesale markets.
Manchester's fintech sector, now worth over GBP £1 billion annually, hosts FinTech North's conference highlighting innovation, diversity, and growth in the region.
UK digital asset investments have shifted to institutional platforms, now capturing over 70% of funding with GBP £2.7 billion raised since 2015.
Canadian tech and finance leaders call for open banking reforms and streamlined regulations to boost innovation ahead of the federal budget announcement.
UK payment industry urges careful regulation review to avoid oversimplifying FCA and PSR roles, ensuring consumer protection and innovation thrive.
UK firms advised to combine agility and discipline in 2026 amid modest growth, tech advances, ESG focus, and evolving workforce and regulations.
A study reveals UK banks average 65 days to update base rates and over six months to launch new features, slowing innovation amid rising customer expectations.
The CMORG AI Taskforce, with City of London and UK Finance, publishes new AI Baseline Guidance to help financial firms manage generative AI risks across operations and compliance.
Latos has unveiled plans for small-scale volumetric data centres at the network edge, designed to bolster AI applications and enhance computing capacity across the UK.
