UK - page 11

Fintech & Ecommerce

Monzo Introduces Investments Powered by BlackRock

British banking challenger Monzo teams up with one of the world’s largest fund managers BlackRock to make investing easier and more accessible.

Finance & Economics

Neobank Zopa Raises $93 Million

The British neobank Zopa announced that following the results of the next round of financing, it managed to raise investment funds for 75 million pounds ($93 million).

News

Barclays Reportedly Considers Selling of Stake in Its Merchant-Acquiring Business

Barclays Plc is currently exploring the prospects of implementing a potentially possible decision to sell a stake in its merchant-acquiring business in the United Kingdom.

News

NatWest Updates Payment Infrastructure With Low-Code Framework

NatWest has partnered with the Icon Payments Framework (IPF) to modernise its payments system in compliance with the new global ISO 20022 payment data message standards.

Blockchain & Crypto

Nigeria Has The Most Crypto-Keen Population Globally

The findings from the global Web3 perception survey showed that 99% of Nigerians are more aware of Web3 and crypto concepts than people in major Western economies

Finance & Economics

Reality Tempers Outlook for Arm’s Public Listing

Reality, whose unconditional influence on plans and intentions has a transformational effect in many cases, has changed the prospects for the public listing of Arm, a chip manufacturer that is part of the ownership structure of the Japanese corporation SoftBank Group.

Blockchain & Crypto

London Stock Exchange Considers Entering Blockchain Market

One of the oldest stock exchanges in the world, based in London, will reportedly use a separate entity for its planned blockchain-based markets business

News

Barclays Reportedly Invests in Promotion on Private Credit Market

The media reported that Barclays Plc, a structure that includes a multinational investment bank and a financial services company, decided to strengthen its position in the private loan market by allocating money from its balance sheet to implement the corresponding efforts.

News

British Parliamentarians Question Prospects of UK Leadership in AI Regulation

In the United Kingdom, parliamentarians said that the country’s Prime Minister Rishi Sunak’s plan to make the UK a leader in the regulation of artificial intelligence is under threat.

News

Atom Bank Partners With Assetz Capital for Commercial Mortgage Access

Assetz Capital will act as a key distribution partner for Atom commercial mortgage loan applications covering all UK regions

Science & Technology

IT Company Kainos to Invest £10 Million in AI

IT company Kainos, which is based in Belfast, announced its intention to invest 10 million pounds in the implementation of efforts to integrate generative artificial intelligence into its business.

News

UK Lolly POS Terminals Now Support Bitcoin Lightning Payments

UK Customers now have the option to pay for their purchases using the Bitcoin Lightning network alongside conventional cash and card methods at all Lolly tills and kiosks

News

Microchip Giant Arm Files for IPO

Arm Holdings, which is part of the ownership structure of SoftBank Group, has taken the first step toward initial public offerings of shares.

News

UK Promotes Cyber Skills With Free School Training

UK government encourages schools to take advantage of free resources to help secondary school children boost cyber skills and pursue careers in the field later in life

News

UK Launches Fintech Fund

In the UK, a mechanism has been created to provide support to firms that are at the stage of growth and are engaged in financial technologies.

Science & Technology

Travel Company TUI Tests ChatGPT

Travel giant TUI AG announced the implementation of a pilot project in which generative artificial intelligence was integrated into the company’s mobile application in order to test the potential of advanced technology as part of the process of interacting with customers in the UK.