Tagged: united kingdom

September 3, 2026 @ 8:16 am By Omar Faridi  |  

Belgium’s National Bank has publicly identified Wise Europe SA, part of Wise Group PLC (NASDAQ: WSE), as the first firm named under a strengthened policy for disclosing anti-money laundering enforcement actions. The publications, dated 25 August 2026, mark the start of a more transparent approach… Read More

September 3, 2026 @ 3:33 am By Omar Faridi  |  

Dutch payments group Mollie has formally closed its takeover of UK bank-payments specialist GoCardless, bringing to an end a deal first agreed in December 2025. The combination creates a single European financial-services platform serving more than 350,000 businesses in over 30 markets, pairing Mollie’s card-acquiring… Read More

September 1, 2026 @ 11:08 am By JD Alois  |  

The London Stock Exchange (LSE) and Payward (Kraken’s parent company) announced a partnership today to begin tokenizing shares, with more digital asset innovation in the pipeline. Indicating its interest in pursuing tokenization or digital securities, the LSE stated: “The London Stock Exchange is assessing a… Read More

August 31, 2026 @ 10:02 am By Omar Faridi  |  

The UK’s tax authority has published its first standalone snapshot of declared cryptoasset profits, and the picture is highly concentrated. In the 2024–25 tax year, 240 people told HM Revenue and Customs they had made more than £1 million each in capital gains from digital… Read More

August 31, 2026 @ 12:50 am By Omar Faridi  |  

The UK government has moved to give the Bank of England a new formal duty to foster innovation in payment systems and new types of digital money, while keeping financial stability as its overriding priority. Announced on 27 August 2026, the change is intended to… Read More

August 30, 2026 @ 11:38 pm By Omar Faridi  |  

Deutsche Bank’s (NYSE:DB) Private Bank has taken a major step in its long-running technology overhaul by selecting Vault Core, the cloud-native core banking platform from UK fintech Thought Machine. The choice is the first concrete move in a plan, outlined at the end of 2025,… Read More

August 30, 2026 @ 7:47 am By Omar Faridi  |  

Plum, the money management app known for helping users automate saving and investing, has chosen Upvest to run its UK investment services. The move extends a relationship that already covers continental Europe and brings both markets onto one modern platform. The two companies first teamed… Read More

August 27, 2026 @ 7:35 am By Omar Faridi  |  

Younger consumers in the United Kingdom now place more confidence in artificial intelligence than in traditional media or online personalities when they look for help with investing. That finding comes from new research by the Financial Conduct Authority (FCA), which surveyed people aged 18 to… Read More

August 27, 2026 @ 5:43 am By Omar Faridi  |  

Lloyds Banking Group customers across the United Kingdom faced another disruption to digital banking on Wednesday, August 26, 2026, when mobile applications for Lloyds Bank, Halifax, and Bank of Scotland became unavailable for a period during the afternoon. Many account holders found they could not… Read More

August 27, 2026 @ 5:37 am By Omar Faridi  |  

The UK’s competition regulator has taken a closer look at one of the largest proposed tie-ups in cash logistics and ATM infrastructure. The Competition and Markets Authority (CMA) has opened a formal Phase 1 review of The Brink’s Company’s planned purchase of NCR Atleos, a transaction… Read More

August 26, 2026 @ 2:14 pm By Omar Faridi  |  

Revolut is taking clear steps toward creating its own exchange-traded funds, marking an evolution in its investment services. Recent filings show that the company has registered an entity known as Revolut Strategies ICAV with Ireland’s central banking authority. The incorporation papers explicitly allow for the… Read More

August 25, 2026 @ 12:11 pm By Omar Faridi  |  

Investment flowing into UK based financial technology companies reached its weakest point in at least a decade during the first six months of 2026. Capital raised by UK fintech firms totalled £1.8 billion (approximately $2.5 billion), representing a decline of nearly two-thirds compared with the… Read More

August 24, 2026 @ 8:24 am By Omar Faridi  |  

A London High Court has ordered the closure of Key Coin Assets Ltd, an unauthorized cryptocurrency investment firm, after an investigation revealed that nine investors who reported the matter to Action Fraud had collectively handed over more than £300,000. The Insolvency Service granted the winding-up order… Read More

August 21, 2026 @ 5:42 am By Omar Faridi  |  

London Stock Exchange Group (LSEG) and PT Bank Negara Indonesia (Persero) Tbk, known as BNI, revealed a new strategic collaboration centered on data and analytics. The agreement aims to bolster BNI’s efforts in serving clients, managing data responsibly, and advancing its digital initiatives. Through this… Read More

August 21, 2026 @ 4:47 am By Omar Faridi  |  

UK based digital bank Monzo activated its specialized backup platform, known as Monzo Stand-in, on August 19, 2026, after detecting technical problems that disrupted normal app functionality and payment processing for many users.The issues primarily affected the main Monzo application, outbound and inbound bank transfers,… Read More

August 21, 2026 @ 1:06 am By Omar Faridi  |  

Starling Bank has unveiled a range of artificial intelligence features designed to help its customers take greater control of their finances. Announced on 20 August 2026, these “smart tools” sit inside the bank’s existing conversational AI helper, known as Starling Assistant, and aim to simplify… Read More

August 20, 2026 @ 11:14 am By JD Alois  |  

The UK Financial Conduct Authority has issued a warning for investors regarding “risky” investments such as Mini-bonds and Loan Notes. The regulator cautions that these securities typically set a term for a return of the principal, along with interest, but if the firm goes bust,… Read More

August 20, 2026 @ 9:47 am By JD Alois  |  

Tandem Bank, a UK challenger bank, has announced significant executive changes following a board refresh earlier this year. In March, Tandem announced that Stephen Jones would become Chair, succeeding Paul Pester. Jones is currently Executive Chair of Investment Banking at Panmure Liberum. He previously held… Read More

August 19, 2026 @ 12:33 pm By JD Alois  |  

UHY Hacker Young Group, a UK accounting network, reports that in the past 12 months, HMRC has sent 81,000 warning letters to crypto investors, warning them they may have underpaid their taxes or not paid them at all. Last year, UHY said 65,000 crypto investors,… Read More

August 19, 2026 @ 8:24 am By Omar Faridi  |  

London-based payments Fintech Modulr has reached a key milestone by becoming a direct pa rticipant in the CHAPS high-value payment scheme, settling transactions straight through the Bank of England. This development positions the company as a non-bank payment service provider in the United Kingdom with… Read More