Tag: the UK

UK bank branch sharing project set to be prolonged

A pilot project involving bank branches being shared by multiple financial institutions is set to be rolled out across the UK, Finextra have claimed....

Cost of living crisis sees Brits return to cash

The British Post Office has reported that the cost-of-living squeeze has seen a climb in the use of personal cash withdrawals, up 8% month-on-month.

UK Parliament initiates inquiry into crypto and digital assets sector

A cross party group in the UK Parliament has begun an inquiry into the UK’s cryptocurrency and digital assets sector.

Wirex Credit launches in the UK

Wirex, a crypto and payments ecosystem, has expanded its Wirex Credit program to new regions and developed additional features.

Hacking concerns cause delay to UK Conservative leadership vote

Voting in the UK’s Conservative Party leadership election has been delayed after government cyber experts raised concerns over potential hacking of members’ ballots.

UK introduces new Financial Services Bill to Parliament

The UK Government has introduced legislation to ‘enhance the competitiveness of the UK financial services sector’ to Parliament.

CISA set to open UK-based office to foster global cooperation

The US Cybersecurity and Infrastructure Security Agency (CISA) has revealed it is set to open an office in the UK to ‘boost international cooperation and collaboration’. 

UK calls on social media platforms to find and remove Russian...

Changes to UK internet safety laws will mean social media platforms will have to proactively look and remove disinformation harmful to the UK from foreign state actors.

Australian BNPL Openpay exits US market

Openpay, an Aussie buy now, pay later (BNPL) company, has ended operations in the US market and laid off the majority of its staff in the country, Reuters has claimed.

UK to scale back data gathering requirements around unhosted crypto wallets

The UK government has revealed it is planning to scale back its requirements for gathering data from both the senders and recipients of crypto sent to unhosted wallets.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week