Financial Conduct Authority stories - Page 2
Griffin partners with Yonder & launches beta bank accounts
Tue, 25th Mar 2025
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fintech
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cx
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martech
Griffin has unveiled a partnership with Yonder alongside a beta launch of versatile bank accounts, aimed at enhancing customer payment experiences.
United Kingdom loses record GBP £306m to crypto scams in 2023
Thu, 6th Feb 2025
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blockchain
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phishing
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email security
Cryptocurrency scams have surged in the UK, with victims losing GBP £306 million in 2023, prompting warnings for greater vigilance in the digital currency market.
Aiimi Insight Engine now available on Azure Marketplace
Fri, 31st Jan 2025
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data analytics
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cartech
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microsoft
British AI firm Aiimi has launched its Aiimi Insight Engine on the Microsoft Azure Marketplace, enhancing global workplaces' data management capabilities.
Guavapay marks 71% revenue growth in financial year 2024
Tue, 21st Jan 2025
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fintech
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payment technologies
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sme
London-based Guavapay has reported a remarkable 71% growth in annual revenue for 2024, driven by a larger customer base and staff expansion.
Aiimi named official AI provider for UK public sector services
Thu, 29th Aug 2024
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healthtech
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ai models
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pwc
The Crown Commercial Service designates Aiimi as an official AI provider, facilitating widespread AI solutions to enhance efficiency and data security in the public sector.
KPMG Law partners with Shieldpay to centralise transactions in UK
Tue, 25th Jun 2024
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payment technologies
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cloud services
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m&a
KPMG Law partners with Shieldpay to streamline legal transactions across the UK, using TPMA technology to enhance security and efficiency for corporate and real estate clients.
UK SMEs eye global expansion despite banking challenges
Thu, 6th Jun 2024
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fintech
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brexit
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regulation
A new report by IFX Payments reveals that 78% of UK SMEs are set to expand globally despite facing challenges from ring-fencing regulations and Brexit.
Ciphr acquires Shape Payroll to enhance tech capabilities
Wed, 5th Jun 2024
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eci
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customer satisfaction
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financial conduct authority
Ciphr enhances its payroll capabilities by acquiring Shape Payroll, integrating Shape's advanced API-led solutions and expanding its reach within the UK market.
Trustly reports robust growth with US$58 billion in transactions
Thu, 30th May 2024
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fintech
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strategy
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blackrock
Trustly’s 2023 annual report reveals a 79% surge in transactions, totaling US$58 billion, and a 51% rise in operating profit, driven by its expanded presence and strategic acquisitions in Europe.
Wakam launches UK subsidiary with FCA & PRA approval
Thu, 2nd May 2024
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insurance
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insurtech
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fca
Insurer Wakam launches its UK subsidiary, Wakam UK Limited, signalling a major expansion feat in the heavily regulated market.
Cash Chasm report reveals drawbacks of manual cash management
Fri, 26th Apr 2024
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risk & compliance
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automation
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risk management
PayComplete's Cash Chasm report highlights challenges in cash handling, with 41% of businesses reliant on manual processes and risking losses.
Volopa partners with ClearBank for expanded SME finance services
Thu, 28th Mar 2024
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fintech
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supply chain
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american express
Fintech firm Volopa seals an extensive partnership with ClearBank to bolster services for SME clients and aid its quest for an e-money licence.
Vivup & Perkbox announce merger to boost UK employee benefits sector
Thu, 21st Mar 2024
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hcm
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m&a
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mental health
Health and wellbeing providers Vivup and Perkbox reveal a merger backed by Great Hill Partners, striving for an all-in-one solution for UK employee benefits and wellbeing.
Griffin secures $24m funding to launch as full bank in UK
Fri, 15th Mar 2024
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fintech
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cleantech
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sustainability
UK fintech firm Griffin successfully secures $24m funding and green light from PRA and FCA, becoming a fully operational bank.
UK govt's 'wait & see' approach to AI regulation sparks row
Tue, 20th Feb 2024
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advanced persistent threat protection
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ai
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cyber threats
UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.
PAYSTRAX launches in UK after successful European growth
Thu, 23rd Nov 2023
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merchants
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paystrax
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partners
Lithuanian fintech PAYSTRAX begins UK operations after robust growth in Europe, aiming to impact the local tech scene.
Unethical activities found prevalent in UK software engineering industry
Tue, 21st Nov 2023
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worldpay
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bt
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university of exeter
Unethical practices are pervasive in the UK's software engineering industry, with many workers facing retaliation for reporting misconduct.
Fintech trends and financial challenges for the UK
Fri, 27th Oct 2023
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fintech
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ai models
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predictions
SaaScada has issued five forecasts for the United Kingdom's fintech sphere in 2024, including a crisis in artificial intelligence and major shifts in payments.
Monavate unveils Supply Chain Payments division boosting fintech growth
Wed, 18th Oct 2023
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fintech
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martech
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commerce systems
Cambridge fintech Monavate boosts growth with the launch of a Supply Chain Payments division, helmed by Anant Patel.
Griffin hires Marina Gorey as Chief People Officer
Wed, 3rd May 2023
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gaming
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digital entertainment
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fca
UK financial technology firm Griffin hires Marina Gorey as Chief People Officer to drive its organizational growth and development.