Revolut CFO Resigns Citing Personal Reasons
Revolut’s chief financial officer retired two years after starting work in the British fintech industry.
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UK Food Bank Uses QR Codes and Biometrics to Distribute Food to Those in Need
Already available in a trial mode, the innovative food bank initiative enables people fighting personal crises and poverty to spend dedicated charitable funds at local grocery stores using QR code payment technology
UK Greenlights $7.3 Billion Merger Between Satellite Rivals Viasat and Inmarsat
The UK Competition and Markets Authority (CMA) has officially approved the proposed merger of Viasat and Inmarsat worth $7.3 billion.
Revolut CEO Blames Banking Troubles for UK License Delay
The CEO of Revolut said that the recent turmoil in the banking industry caused the suspension of the banking license of this company in the UK.
British Banks Warn of Big Increase in Online Scams
British banks report that at the end of last year, there was a significant increase in fraud, most of which is observed in the online space.
HSBC Announces Increase in Profits from Purchase of Silicon Valley Bank’s UK Business
Banking giant HSBC reported that its profit increased by $ 1.5 billion after the acquisition of the British business of the Silicon Valley Bank.
Sotheby’s Metaverse Launches P2P Secondary NFT Marketplace
The Web3 arm of the famous auction house Sotheby’s has introduced another platform for trading digital art in the form of NFT
HumanForest Raises $15 Million to Grow UK eBike Business
The British micro-mobility company HumanForest announced that it managed to attract investment funds in the amount of $ 15 million for the development of e-bike technology.
Microsoft Xbox Chief Seeks to Reassure Game Staff on Activision
Microsoft Corp. Executives They tried to assure employees of the Xbox gaming division of the possibility of approving the planned purchase of Activision Blizzard Inc. for $ 69 billion, noting that success in games depends not only on the deal.
UK Wants New Regulator to Tackle Big Tech
In the UK, a new regulator will appear in the foreseeable future, whose activity will be to supervise technology giants, including Amazon and Google.
Barclays Unveils Govt-Funded Support Programme for UK Tech
Barclays Eagle Labs has announced the official launch of a program to support British technology companies.
UK and India Seek to Further Strengthen Fintech Collaboration
A new report by the Indian-British Financial Partnership (IUKFP), a leading forum for cooperation in the field of financial services between India and the UK, outlined ways to activate and strengthen cooperation between the two countries in the field of fintech.
Bank of England Finds New Use Cases for DLT in Synchronised Settlement
The Bank of England and the Bank for International Settlements announced the successful completion of a pilot project based on DLT.
Al Hilal Bank Partners With BLME to Bring Digital UK Banking to UAE
Al Hilal Bank customers in the UAE now have a quick and simple way to access digital banking services as if they were in the UK
Yonder Secures £62.5 Million in Series A Funding
Startup Yonder, which specializes in issuing Rewards credit cards, has secured equity of 12.5 million pounds and a credit line of 50 million pounds to expand operations.
UK Regulators Deliver Roadmap for Future of Open Banking
In the UK, local financial regulators have unveiled plans for the future development of open banking.
