Europe

Federal State of Saxony-Anhalt issues inaugural digital commercial paper

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 S...

How the EU AI Act will impact financial institutions

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 r...

Off the Books: Chirag Shah, Founder and CEO of Nucleus Commercial Finance

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...

Revolut receives UK banking licence

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...

European financial services hesitate on AI adoption amid job and regulatory...

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...

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 crypt...

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