UK - page 14

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.

Science & Technology

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

Fintech & Ecommerce

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.

Finance & Economics

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

News

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.

News

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.

News

Backbase Acquires Digital Wealth Platform Nucoro

Backbase, a global provider of banking software, has acquired London-based firm Nucoro.

Science & Technology

Synthesia Joins Unicorn Club Amid Flurry of AI Investments

The British company Synthesia, which specializes in developments in the field of artificial intelligence, announced that following the results of the Series C financing round, it managed to raise investment funds in the amount of $90 million.

Science & Technology

Sunak Pitches UK as Home of AI Safety Regulation

British Prime Minister Rishi Sunak on Monday, June 12, during a speech at a technical conference in London, called the United Kingdom the center of artificial intelligence and regulation of the technology sector.

Science & Technology

Sunak Keeps Up Push to Make UK Leader in AI Regulation

British Prime Minister Rishi Sunak on Monday, June 12, according to information available to the media, will make a statement, which will be a continuation of his consistent public campaign aimed at promoting the claim that the United Kingdom should become a leader in regulating of the development and dissemination of artificial intelligence.

Fintech & Ecommerce

HSBC Launches Startup and Tech-Focused Innovation Banking Unit

HSBC rebrands and expands previously acquired SVB UK as the HSBC Innovation Banking unit to provide banking services to the startup, investor, and broader tech community

Blockchain & Crypto

a16z Crypto Expands to UK

A “predictable business environment” is one of the main factors behind a16z crypto decision to expand to the UK

News

FCA Introduces Crypto Advertising Limits

The UK Financial Conduct Authority (FCA) is going to introduce tougher rules for the marketing of crypto assets, designed to ensure those who buy crypto understand the risk