UK - page 13

News

Stability AI Co-Founder Says About Forcing Sale of Stake in Company

The co-founder of Stability AI sued this company, stating that manipulation was used against him, containing deception at its core, because of which he was forced to sell his stake in the company for $100.

Events

Open Banking Expo UK & Europe

If Open Banking, Open Finance, Open Data or Open Banking Payments is your thing, Open Banking Expo is your must-attend event of 2023. The event SOLD OUT in 2022. Grab a pass in time to unravel the complexities and opportunities that lie ahead in a dynamic open ecosystem against the recent backdrop of the JROC recommendations and […]

Finance & Economics

Monzo Evaluates Possible Merger With Lunar

The British mobile bank Monzo is currently assessing the potential prospects of a merger with the Danish financial institution Nordic peer Lunar Group A/S, as reported by the media concerning sources aware of the relevant intentions of the digital lender.

Science & Technology

Prolific Raises $32 Million to Train and Stress-Test AI Models

The London-based startup Prolific, which operates in the field of artificial intelligence, announced the raising of investment funds in the amount of $32 million following the results of the financing round.

News

Nine British Banks Sign Up to New AI Tool for Tackling Scams

Mastercard has launched sales of an artificial intelligence-based tool with which financial institutions can record customers’ attempts to transfer money to fraudsters.

News

HSBC Tests Quantum Tech in London to Guard Against Hacks

HSBC Holdings Plc will be the first British financial institution to test an advanced data protection system.

News

UK Reportedly to Make Overseas Banks Replace Branches With Subsidiaries

The media reported that the Central bank of Great Britain is currently studying the possibility of introducing new restrictive measures against international financial institutions that operate in this country.

News

NatWest Launches Incentives for New and Expanded Business Accounts

NatWest has developed preferential offers for UK businesses that already have or are just opening accounts with this financial institution.

News

UK Touts £21 Million Fund to Extend AI Deeper Into National Health Service

The UK government has announced the allocation of funding in the amount of 21 million pounds to National Health Service (NHS) trusts.

News

TikTok Looks to Challenge Amazon and Shein With New E-Commerce Initiative

TikTok has confirmed the testing of a new shopping section in the Trendy Beat app, in which users can purchase products supplied by the parent company ByteDance.

Fintech & Ecommerce

Customer Demand for Sustainability Banking Tools Far Exceeds Supply: Research

Almost 40% of UK citizens would like their financial institution to offer banking tools to track their sustainability impact

News

ACI Worldwide Offers Instant Payments to UK and EU Merchants

ACI Worldwide has announced the launch of its instant payment solution for merchants in the UK and Europe.

News

Interest-Only Mortgages Shrink in UK: Report and Forecast

UK Finance observed a further reduction in the size and risk profile of the interest-only mortgage book in 2022, as customers continued to repay their loans on or ahead of schedule

Fintech & Ecommerce

Amazon Teams With YouLend

Amazon on Tuesday, June 20, announced the beginning of cooperation with the YouLend embedded financing platform.

News

Binance Cancels UK Registration

Binance cancels registration in the UK amid regulatory checks.

Blockchain & Crypto

BIS and Bank of England Complete CBDC Project

The pilot project of using the central bank’s digital currency (CBDC), in which the Bank of England (BoE) and the Bank for International Settlements (BIS) participated, has been completed.