Financial Conduct Authority stories
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Aiimi named official AI provider for UK public sector services
Last week
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pwc
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public sector
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contracts
The Crown Commercial Service designates Aiimi as an official AI provider, facilitating widespread AI solutions to enhance efficiency and data security in the public sector.
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KPMG Law partners with Shieldpay to centralise transactions in UK
Tue, 25th Jun 2024
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payment technologies
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fca
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m&a
KPMG Law partners with Shieldpay to streamline legal transactions across the UK, using TPMA technology to enhance security and efficiency for corporate and real estate clients.
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UK SMEs eye global expansion despite banking challenges
Thu, 6th Jun 2024
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fintechs
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regulation
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brexit
A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.
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Ciphr acquires Shape Payroll to enhance tech capabilities
Wed, 5th Jun 2024
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eci
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customer satisfaction
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financial conduct authority
Ciphr enhances its payroll capabilities by acquiring Shape Payroll, integrating Shape's advanced API-led solutions and expanding its reach within the UK market.
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Trustly reports robust growth with US$58 billion in transactions
Thu, 30th May 2024
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fintechs
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m&a
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blackrock
Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.
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Wakam launches UK subsidiary with FCA & PRA approval
Thu, 2nd May 2024
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insurance
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insurtech
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fca
Insurer Wakam launches its UK subsidiary, Wakam UK Limited, signalling a major expansion feat in the heavily regulated market.
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Cash Chasm report reveals drawbacks of manual cash management
Fri, 26th Apr 2024
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risk & compliance
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risk management
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automation
PayComplete's Cash Chasm report highlights challenges in cash handling, with 41% of businesses reliant on manual processes and risking losses.
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Volopa partners with ClearBank for expanded SME finance services
Thu, 28th Mar 2024
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fintechs
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money management
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american express
Fintech firm Volopa seals an extensive partnership with ClearBank to bolster services for SME clients and aid its quest for an e-money licence.
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Vivup & Perkbox announce merger to boost UK employee benefits sector
Thu, 21st Mar 2024
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hcm
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mental health
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apac
Health and wellbeing providers Vivup and Perkbox reveal a merger backed by Great Hill Partners, striving for an all-in-one solution for UK employee benefits and wellbeing.
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Griffin secures $24m funding to launch as full bank in UK
Fri, 15th Mar 2024
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fintechs
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cleantech
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carbon footprint
UK fintech firm Griffin successfully secures $24m funding and green light from PRA and FCA, becoming a fully operational bank.
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UK govt's 'wait & see' approach to AI regulation sparks row
Tue, 20th Feb 2024
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advanced persistent threat protection
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ai
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uk government
UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.
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PAYSTRAX launches in UK after successful European growth
Thu, 23rd Nov 2023
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european
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paystrax
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merchants
Lithuanian fintech PAYSTRAX begins UK operations after robust growth in Europe, aiming to impact the local tech scene.
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Unethical activities found prevalent in UK software engineering industry
Tue, 21st Nov 2023
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bt
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university of exeter
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worldpay
Unethical practices are pervasive in the UK's software engineering industry, with many workers facing retaliation for reporting misconduct.
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Fintech trends and financial challenges for the UK
Fri, 27th Oct 2023
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fintechs
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hype cycle
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predictions
SaaScada has issued five forecasts for the United Kingdom's fintech sphere in 2024, including a crisis in artificial intelligence and major shifts in payments.
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Monavate unveils Supply Chain Payments division boosting fintech growth
Wed, 18th Oct 2023
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fintechs
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martech
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commerce systems
Cambridge fintech Monavate boosts growth with the launch of a Supply Chain Payments division, helmed by Anant Patel.
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Griffin hires Marina Gorey as Chief People Officer
Wed, 3rd May 2023
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gaming
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digital entertainment
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fca
UK financial technology firm Griffin hires Marina Gorey as Chief People Officer to drive its organizational growth and development.
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Gig workers denied equal opportunity to financial services
Thu, 2nd Mar 2023
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employment
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gig economy
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workforce management
Gig workers face financial exclusion despite their contributions to the UK economy, new report finds. #GigEconomy #FinancialInclusion.
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How new FCA rules will impact investing in your business
Fri, 10th Feb 2023
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investment
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transactions
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digitisation
Savings are not keeping pace with costs in real terms, making potential returns on higher-risk investment opportunities through private markets more appealing.
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SecAlliance appoints new Director of Intelligence
Wed, 25th Jan 2023
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apm
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devops
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software development
Mick Reynolds, former Head of Cyber Intelligence and Security Testing at Direct Line Group, joins SecAlliance as Director of Intelligence.
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Forrester reports on how digital technology is changing how we bank
Mon, 28th Feb 2022
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cleantech
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digital transformation
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forrester research
Digital banking is transforming the industry as new customers join, contactless payments surge, and challenger banks rise, says Forrester.