In a landmark transaction, the Federal State of Saxony-Anhalt has this week issued a €50 million digital commercial paper in the form of dematerialised electronic securities in accordance with the German Electronic Securities Act. NatWest Markets...

The EU AI Act, which came into force on 1 August 2024, is a significant legislative development for financial institutions (FIs). With provisions starting to apply over a period of six to 36 months, most of the Act’s rules will be enforceable after...

In this interview, Chirag Shah, Founder and CEO of Nucleus Commercial Finance, discusses his journey from investment banking to establishing Nucleus, sharing his insights on alternative finance for UK SMEs and the innovative strategies driving...

Revolut, the global FinTech with over nine million UK customers and 45 million globally, has announced that it has received its UK banking licence with restrictions from the Prudential Regulation Authority (PRA), the regulator responsible for overseeing the...

Financial services leaders are hesitant to implement Artificial Intelligence (AI) amid concerns that its impact is outweighing the benefits of productivity gains and cost cuts, according to European FinTech executives.    AI has the potential...

The UK’s mission to become a ‘crypto hub’ has so far fallen short, but the appointment of Tulip Siddiq as Economic Secretary to the Treasury, or City Minister, signals a move toward a more progressive approach to crypto and digital...

On the lighter side of things, we ask Matt Smith, Director of Technology, Transformation & CIO Practices, Investigo, what makes him tick What would you describe as your most memorable achievement? My four children, firstly. I’ve had some amazing...

Klarna, the AI-powered global payments network and shopping assistant, released the results of a national survey exploring financial language understanding across the UK.   The report, part of Klarna’s commitment to improving greater...

A new government was elected in the UK in July leading to a change from Conservative to Labour. New governments are always keen to bring in new policies and changes and this will always affect small- and medium-sized businesses (SMBs). At this early stage,...

NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest will be one the first banks in the UK to deploy Generative AI through a digital assistant.  Cora supports customers in...

“The union of Artificial Intelligence and financial compatibility could mould a revolutionary model for the future of dating in the UK,” said Jason Adler, Software Engineer at Repocket. Does this sound like a futuristic prediction? Not entirely....

Stolen credentials through phishing attacks were the most common cause of cyberbreaches among UK businesses last year, a new study has revealed.  Cybersecurity firm IDEE commissioned an independent survey of more than 500 IT and cybersecurity...