The UK Financial Conduct Authority has sent letters to almost 300 payment companies calling for measures to eliminate unacceptable risks to consumers and the integrity of the country’s financial system.
NatWest has become the latest British bank to decide on restrictions for customers buying cryptocurrency.
The Binance crypto exchange announced the decision to temporarily stop deposits and withdrawals in pounds sterling.
Experian will pilot a new service for “credit invisibles”– people with little to no credit history – to get better access to mainstream financial services and start their credit-building journey
The Bank of London has taken the initiative to acquire the British operations of the Silicon Valley Bank, which closed at the end of last week.
The French platform for aggregating banking transactions and automating payments, Numeral, has announced the start of work in the UK financial market.
Yapily and Zilch announced the beginning of cooperation to provide affordable lending solutions to UK residents.
Lloyds Banking Group has invested 10 million pounds for the development of the digital identification company Yoti.
Nationwide Building Society has partnered with Accenture and A2A platform provider Form3 to transform its digital payments infrastructure through the introduction of a cloud platform.
Abound, a fintech company based in the UK has reported raising funds for 500 million pounds as a result of a combination of debt and equity financing.
Crypto exchange Bybit has launched the first phase of the rollout of Mastercard crypto-to-fiat debit card, which supports a number of blue-chip cryptocurrencies
The British Welfare and Pension Administration reported disappointment due to the delay in the launch of the Pensions Management Panel project.
The British fintech industry organization Innovate Finance has appealed to regulators to expand the scope of open banking services.
In 2022, applicant banks and specialized banks in the UK provided more loans to small businesses than traditional large players in the relevant services market.
Swedish fintech company Klarna has announced the start of charging late payments from customers in the UK.
The Minister of State of Northern Ireland, Steve Baker, announced the decision of the UK government to allocate investment funds for 18.8 million pounds for the development of the security industry in this country.
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