Tag: UK Finance

PSR and FCA explore the impact of digital wallets on UK...

The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) have jointly initiated a call for information to assess the rapidly growing influence of digital wallets on both consumers and businesses in the UK.

Monzo introduces groundbreaking security features to combat UK fraud rise

Monzo, the leading digital bank in the UK, recently introduced three innovative security controls—Known Locations, Trusted Contacts, and Secret QR Codes—aimed at bolstering fraud...

FCA sets new standards with anti-greenwashing rules

The Financial Conduct Authority (FCA) is enhancing its support for the FinTech industry by confirming new anti-greenwashing guidance ahead of its enforcement starting 31 May.

Adapting to change: How the UK’s latest money laundering amendments impact...

On January 10, 2024, a pivotal shift in the UK's regulatory framework will unfold as the Money Laundering and Terrorist Financing (Amendment) Regulations 2023...

Andaria joins Grow London Global, enhancing embedded finance in UK and...

In a bold move to revolutionise the financial sector, Andaria proudly announces its strategic partnership with London & Partners, marking its significant enrolment in the prestigious Grow London Global programme for 2024.

HSBC Group’s Zing app launch: A new era in UK international...

Zing, a trailblazing FinTech initiative, emerges as a key player in the international money transfer sector. This new, free-to-download app and debit card is positioned to redefine global transactions.

UK’s Updraft raises £272m to transform credit management for households

Updraft, a prominent UK-based consumer lending FinTech, has raised a substantial £272m.

Revolut ramps up anti-fraud efforts with doubled financial crime team

Revolut, a global financial superapp serving over 35 million customers, has significantly expanded its Financial Crime (FinCrime) division, doubling the headcount since 2021.

Financial wellbeing at risk for women in the UK amid cost...

Research from Mintago has found a higher degree of financial stress amongst female employees in the UK compared to men.

Tandem Bank’s green agenda gets £20m boost from Quilam Capital

Tandem Bank, a UK-based digital institution renowned for its sustainability focus, has recently secured £20m from Quilam Capital.

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