Tag: UK Finance

New data from SmartSearch has revealed that more than half of identity verification checks are still carried out manually, even as the Financial Ombudsman...

UK businesses, charities, and high-value account holders are being urged to stay alert following a surge in impersonation scams where criminals pose as bank...

The FCA has opened a consultation on proposals that could see card providers given greater flexibility over contactless payment limits. The move could pave the...

The UK financial services sector has seen a sharp contraction in its workforce, according to new analysis of Financial Conduct Authority (FCA) permissions data....

Payment fraud continues to rise in 2025, with platforms like Cash App under scrutiny after its parent company, Block, agreed to pay up to...

ComplyControl, an emerging force in AI-powered compliance technology, has been named an Associate Member of UK Finance, strengthening its commitment to supporting the UK...

A new survey from Smarsh has found that while AI tools are rapidly being adopted in UK financial services, many employees remain concerned about oversight and compliance.

Britain recorded a sharp increase in financial fraud cases in 2024, with a record 3.31 million incidents reported, a 12% rise from the previous...

PensionBee, a leading provider in the consumer retirement market, has announced a new partnership with ClearScore, a financial marketplace focused on improving users’ financial wellbeing.

Capital on Tap has secured two major funding facilities worth £750m to support its expansion and further enhance financial services for small businesses across the UK and US.