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Financial Conduct Authority Stories - Page 8

UK Stories

Financial Conduct Authority stories

Ciphr acquires Shape Payroll to enhance tech capabilities
ECI

Ciphr acquires Shape Payroll to enhance tech capabilities

Ciphr enhances its payroll capabilities by acquiring Shape Payroll, integrating Shape's advanced API-led solutions and expanding its reach within the UK market.

By Kaleah Salmon • 3 min read • Wed, 5th Jun 2024
Trustly reports robust growth with US$58 billion in transactions
Fintech

Trustly reports robust growth with US$58 billion in transactions

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.

By Catherine Knowles • 3 min read • Thu, 30th May 2024
Wakam launches UK subsidiary with FCA & PRA approval
Insurance

Wakam launches UK subsidiary with FCA & PRA approval

Insurer Wakam launches its UK subsidiary, Wakam UK Limited, signalling a major expansion feat in the heavily regulated market.

By Shannon Williams • 3 min read • Thu, 2nd May 2024
Volopa partners with ClearBank for expanded SME finance services
Fintech

Volopa partners with ClearBank for expanded SME finance services

Fintech firm Volopa seals an extensive partnership with ClearBank to bolster services for SME clients and aid its quest for an e-money licence.

By Catherine Knowles • 3 min read • Thu, 28th Mar 2024
Griffin secures $24m funding to launch as full bank in UK
Fintech

Griffin secures $24m funding to launch as full bank in UK

UK fintech firm Griffin successfully secures $24m funding and green light from PRA and FCA, becoming a fully operational bank.

By Shannon Williams • 3 min read • Fri, 15th Mar 2024
UK govt's 'wait & see' approach to AI regulation sparks row
Advanced Persistent Threat Protection

UK govt's 'wait & see' approach to AI regulation sparks row

UK government's wait and see approach to AI regulation sparks criticism among lawmakers over lack of urgency despite AI's existential threat warnings.

By Shannon Williams • 3 min read • Tue, 20th Feb 2024
PAYSTRAX launches in UK after successful European growth
Merchants

PAYSTRAX launches in UK after successful European growth

Lithuanian fintech PAYSTRAX begins UK operations after robust growth in Europe, aiming to impact the local tech scene.

By Shannon Williams • 3 min read • Thu, 23rd Nov 2023
Unethical activities found prevalent in UK software engineering industry
Worldpay

Unethical activities found prevalent in UK software engineering industry

Unethical practices are pervasive in the UK's software engineering industry, with many workers facing retaliation for reporting misconduct.

By Sean Mitchell • 3 min read • Tue, 21st Nov 2023
Fintech trends and financial challenges for the UK
Fintech

Fintech trends and financial challenges for the UK

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.

By Shannon Williams • 2 min read • Fri, 27th Oct 2023
Monavate unveils Supply Chain Payments division boosting fintech growth
Fintech

Monavate unveils Supply Chain Payments division boosting fintech growth

Cambridge fintech Monavate boosts growth with the launch of a Supply Chain Payments division, helmed by Anant Patel.

By Sean Mitchell • 3 min read • Wed, 18th Oct 2023
Griffin hires Marina Gorey as Chief People Officer
Gaming

Griffin hires Marina Gorey as Chief People Officer

UK financial technology firm Griffin hires Marina Gorey as Chief People Officer to drive its organizational growth and development.

By Tom Raynel • 2 min read • Wed, 3rd May 2023
Gig workers denied equal opportunity to financial services
Workforce Technology

Gig workers denied equal opportunity to financial services

Gig workers face financial exclusion despite their contributions to the UK economy, new report finds. #GigEconomy #FinancialInclusion.

By Ali Hamriti • 4 min read • Thu, 2nd Mar 2023
How new FCA rules will impact investing in your business
Digitisation

How new FCA rules will impact investing in your business

Savings are not keeping pace with costs in real terms, making potential returns on higher-risk investment opportunities through private markets more appealing.

By Gareth Lewis • 6 min read • Fri, 10th Feb 2023

Global Stories

Financial Conduct Authority stories

Vivup & Perkbox announce merger to boost UK employee benefits sector
Human Capital Management

Vivup & Perkbox announce merger to boost UK employee benefits sector

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.

By Catherine Knowles • 3 min read • Thu, 21st Mar 2024
SecAlliance appoints new Director of Intelligence
DevOps

SecAlliance appoints new Director of Intelligence

Mick Reynolds, former Head of Cyber Intelligence and Security Testing at Direct Line Group, joins SecAlliance as Director of Intelligence.

By Tom Raynel • 2 min read • Wed, 25th Jan 2023
Forrester reports on how digital technology is changing how we bank
Digital Transformation

Forrester reports on how digital technology is changing how we bank

Digital banking is transforming the industry as new customers join, contactless payments surge, and challenger banks rise, says Forrester.

By Ryan Morris-Reade • 4 min read • Mon, 28th Feb 2022
Interview: Cloudera on why analytics is key in the fight against financial crime
Disaster Recovery

Interview: Cloudera on why analytics is key in the fight against financial crime

Cloudera's Dr Richard Harmon highlights the critical role of data analytics in combating financial crime, urging a unified approach to enhance KYC capabilities.

By Sara Barker • 10 min read • Mon, 2nd Dec 2019
Wandera reports on the state of mobile security in financial services
Fintech

Wandera reports on the state of mobile security in financial services

UK financial services face increasing cyber threats, with a 480% rise in data breaches reported in 2018, according to a report from Wandera.

By Staff Writer • 2 min read • Wed, 10th Jul 2019