Europe

FinTech will play crucial role in supporting safe crypto in UK says Lanistar 

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 currencies. The new City Minis...

Get To Know: Matt Smith, Director of Technology, Transformation & CIO Practices at Investigo

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...

Britons are struggling with financial language fluency, and it’s costing the nation over £6b per annum 

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...

What does a new government mean for SMBs and bookkeeping?

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 launches the latest GenAI upgrade to the bank’s digital assistant  

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...

Can AI revolutionise the UK’s dating scene by matching financial compatibility? 

“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. This i...

Stolen credentials the leading cause of cyberbreaches in 2023 

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...

The cost of Internet failures to UK businesses 

UK businesses lost over 50 million hours and £3.7 billion due to Internet failures in 2023, according to a new report from Beaming, a specialist business ISP. Reliance on connectivity for trading and operational activities has increased among businesses in ...

Matalan launches groundbreaking GenAI tool to drive online sales in UK first 

Kin + Carta has created a Generative AI and Large Language Model (LLM) tool for UK retailer Matalan, which allows it to create detailed product descriptions for new items as they are added to its online inventory.  Developed and delivered in only three...

The race for ‘FinTech’ status: Tech jobs up +88% in London’s banking sector 

Technology-based job vacancies within London’s financial services space are up in the capital by +88% in 2024 compared to 2023’s monthly average as the race between traditional banks and FinTech rages on.   According to an upcoming Hiring Trends Rep...

Over half of employees feel embarrassed about their financial literacy, survey reveals 

More than half of UK employees (51%) are embarrassed about their level of financial literacy, according to a new survey by leading employee benefits and engagement partner, Pluxee UK.  In the midst of rising living costs, the current UK workplace has...

Zilch selects Checkout.com for global acquiring

Zilch, the world’s first ad-subsidised payments network (ASPN), has announced it has selected Checkout.com, the digital payments solution provider, as its primary acquiring partner globally, with a particular focus on the UK and USA. With its payments n...