UK - page 12

Finance & Economics

Bank of England Postpones Implementation of New Banking Reforms for Summer 2025

The Central Bank of England has changed the timing of the implementation of the banking sector reform process, postponing the start of relevant activities to the summer of 2025.

News

NatWest Faces ATM Glitch

The British bank NatWest announced the elimination of an IT problem with its ATMs, due to which thousands of customers of this financial institution decided that funds had disappeared from their accounts.

Science & Technology

UK Antitrust Watchdog Publishes Principles for AI Regulation

The UK’s antimonopoly watchdog has unveiled the principles of artificial intelligence regulation and announced the launch of a project aimed at strengthening control over advanced technology, the development of which is carried out at a very rapid pace.

Science & Technology

Orsted to Power 90K Irish Households With Solar Energy

Orsted and Terra Solar will develop a new 400 MW solar energy portfolio in Ireland

News

HSBC Launches New Account Opening Service

HSBC has launched a new service for opening business accounts in several markets.

Fintech & Ecommerce

Monzo Introduces Investments Powered by BlackRock

British banking challenger Monzo teams up with one of the world’s largest fund managers BlackRock to make investing easier and more accessible.

Finance & Economics

Neobank Zopa Raises $93 Million

The British neobank Zopa announced that following the results of the next round of financing, it managed to raise investment funds for 75 million pounds ($93 million).

News

Barclays Reportedly Considers Selling of Stake in Its Merchant-Acquiring Business

Barclays Plc is currently exploring the prospects of implementing a potentially possible decision to sell a stake in its merchant-acquiring business in the United Kingdom.

Fintech & Ecommerce

NatWest Updates Payment Infrastructure With Low-Code Framework

NatWest has partnered with the Icon Payments Framework (IPF) to modernise its payments system in compliance with the new global ISO 20022 payment data message standards.

News

Nigeria Has The Most Crypto-Keen Population Globally

The findings from the global Web3 perception survey showed that 99% of Nigerians are more aware of Web3 and crypto concepts than people in major Western economies

News

Reality Tempers Outlook for Arm’s Public Listing

Reality, whose unconditional influence on plans and intentions has a transformational effect in many cases, has changed the prospects for the public listing of Arm, a chip manufacturer that is part of the ownership structure of the Japanese corporation SoftBank Group.

News

London Stock Exchange Considers Entering Blockchain Market

One of the oldest stock exchanges in the world, based in London, will reportedly use a separate entity for its planned blockchain-based markets business

News

Barclays Reportedly Invests in Promotion on Private Credit Market

The media reported that Barclays Plc, a structure that includes a multinational investment bank and a financial services company, decided to strengthen its position in the private loan market by allocating money from its balance sheet to implement the corresponding efforts.

News

British Parliamentarians Question Prospects of UK Leadership in AI Regulation

In the United Kingdom, parliamentarians said that the country’s Prime Minister Rishi Sunak’s plan to make the UK a leader in the regulation of artificial intelligence is under threat.

Fintech & Ecommerce

Atom Bank Partners With Assetz Capital for Commercial Mortgage Access

Assetz Capital will act as a key distribution partner for Atom commercial mortgage loan applications covering all UK regions

Science & Technology

IT Company Kainos to Invest £10 Million in AI

IT company Kainos, which is based in Belfast, announced its intention to invest 10 million pounds in the implementation of efforts to integrate generative artificial intelligence into its business.