UK - page 17

Society & Lifestyle

NatWest Helps Ukrainian Women Refugees Start Tech Careers

UK bank NatWest has launched a programme to help displaced Ukrainian women start new tech-related careers, in partnership with Code First Girls and the Capital City Partnership

Fintech & Ecommerce

Curve Brings Wearable Payments to EU With Tappy Tech

The customers of the digital wallet Curve in 31 European countries will enjoy a new level of convenience and flexibility with wearable payments powered by Tappy Technologies

Finance & Economics

Bank of England Builds Its CBDC Team

The media reported that the central bank of England has begun to recruit a team of employees who will deal with the digital currency of this financial institution.

Science & Technology

Triodos Bank’s 2035 Emission Reduction Targets Validates as Science-Based

The Initiative to Achieve Science-Based Targets (SBTi) confirmed that Triodos Bank’s intentions to reduce the level of harmful emissions to zero have sufficient arguments to recognize this plan as justified.

News

Rodeo Raises $5 Million for Operating System for Gig Workers

Rodeo has announced that it has managed to raise $5 million in funding to develop its operating system for gig economy employees.

News

Private Banking Startup Kashet Raises £5.4 Million

Kashet startup, whose offices are located in the UK and Switzerland, came out of hiding after raising £5.4 million in investment funds following the results of an entry-level funding round.

Blockchain & Crypto

Lloyds Bank to Move Trade Finance Documentation to Blockchain

Long-term partnership with Enigio will enable Lloyds Bank to digitise its trade finance documentation, delivering faster, more affordable, flexible, sustainable and secure blockchain solutions for its clients

News

Barclays Bank to Trim More Branches

Barclays Bank continues to actively implement a policy of abandoning the use of traditional branches.

Finance & Economics

CryptoUK Calls On Government to Intervene Over Bank Restrictions

The CryptoUK Trade Association has sent a letter to the UK government expressing deep concern over the recent actions of banks to restrict purchases of cryptocurrencies.

Finance & Economics

BoE Plans to Change SMB Lending

Bank of England has revealed its plans to change the capital treatment for small business (SMB) lending, calling for a more risk-based approach

News

UK Tax Authorities Change the Way Crypto Profits Should Be Filed

The UK Treasury introduced changes to the Self-Assessment tax return forms so that crypto assets are identified separately

News

FCA Takes Aim at Payment Firms Over Unacceptable Risks

The UK Financial Conduct Authority has sent letters to almost 300 payment companies calling for measures to eliminate unacceptable risks to consumers and the integrity of the country’s financial system.

Finance & Economics

NatWest Sets Daily Crypto Purchase Limits

NatWest has become the latest British bank to decide on restrictions for customers buying cryptocurrency.

News

Binance Suspends Sterling Deposits and Withdrawals

The Binance crypto exchange announced the decision to temporarily stop deposits and withdrawals in pounds sterling.

News

Experian to Pilot Credit-Building Service

Experian will pilot a new service for “credit invisibles”– people with little to no credit history – to get better access to mainstream financial services and start their credit-building journey

Finance & Economics

Bank of London Offers to Buy Silicon Valley Bank’s UK Operations

The Bank of London has taken the initiative to acquire the British operations of the Silicon Valley Bank, which closed at the end of last week.