Europe

EU Listing Rules need to offer more effective support for SMEs, investment industry surveys find 

Following the political agreement between the European Council and European Parliament on the EU Listing Act, a new report by CFA Institute and BETTER FINANCE finds that investment professionals and retail investors believe the listing package needs to better...

Adyen finds the UK retail sector loses £11.3 billion to payment fraud annually 

Adyen, the global financial technology platform of choice for leading businesses, has published new research revealing the billions the UK retail sector loses to fraudulent activity annually.  Working alongside the Centre for Economic Business and Research ...

Cambridge-based deep tech start-up Theia Insights raises US$6.5 million to bring foundational AI to the global investment community 

Theia Insights, a UK-based deep tech start-up launched by former Amazon Alexa scientist and solo entrepreneur Dr Ye Tian, has raised US$6.5 million. In another example of US venture capital looking to the UK for the most innovative technology companies, the...

Taking a closer look at Revolut’s latest crypto offering 

Revolut unveils Revolut Ramp, streamlining crypto purchases into MetaMask wallets. With over 40 million users worldwide, Revolut’s move signifies a major step in democratising crypto access. This integration not only simplifies transactions but also...

UK’s Investment Association warns of ‘trading bot’ risk to investors 

The UK’s Investment Association (IA) has warned investors about the risks of using ‘trading bots’ to make investment decisions. Speaking to the BBC John Allan, head of innovation and operations at the IA said investors should be more cautious about usi...

Abacus Group expands UK presence with Edinburgh office opening 

Abacus Group, a leading MSP to alternative investment firms, has announced the opening of a new office in Edinburgh to expand its research and development and customer support capabilities while leveraging local talent.   The new office is already...

Innovate Finance launches the first Unicorn Council for UK FinTech 

Innovate Finance, the independent industry body for UK FinTech, has launched the first Unicorn Council for UK FinTech (UCFT), a coalition of UK-based FinTech unicorn founders to accelerate and unlock promised growth in the UK FinTech sector. The Council...

SMEB calls for public input on locations for first cash deposit banking hubs

SMEB, a banking and financial technology company dedicated to supporting small business, has launched a nationwide consultation for locations to place their brand-new cash deposit bank hub for small businesses. Small and Medium Enterprise Banking (SMEB),...

Bridging the payment gap: The importance of cash preservation  

In an era dominated by digital transactions, the allure of convenience often overshadows the significance of preserving access to cash. Steve Round, Co-founder of SaaScada, delves into the pressing need for banks and financial services firms to re-evaluate...

Building a world class FinTech hub in Wales 

Formed in 2019, FinTech Wales is an independent membership association and champion of the FinTech and Financial Services industry in Wales. Sarah Williams-Gardener, CEO, FinTech Wales, shares the areas they are nurturing to ensure the continued success and...

Buy Now, Pay Early: 97.4% of Klarna Black Friday purchases paid off on time or early  

Klarna, the AI-powered global payments provider and shopping assistant, has revealed UK consumers paid off 97.4% of Black Friday orders on time or early, an increase of 2% compared with last year. The data comes as Bank of England boss Andrew Bailey declared...

Experts express concerns over the EU Parliament Committee’s position on the Payment Services Regulation  

The European Parliament’s Economic and Monetary Affairs Committee (ECON) adopted its position on the Payment Services Regulation (PSR), which introduces new rules for providers of payment and electronic money services.   The Computer & C...