Tags: UK

QBE Insurance Invests £400 Million to Boost Pen Underwriting's UK and Ireland Operations

QBE Insurance Invests £400 Million to Boost Pen Underwriting’s UK and Ireland Operations

supportJan 23, 2025

QBE Insurance has committed £400 million to support Pen Underwriting’s operations in the UK and Ireland, strengthening their collaboration through two multi-year agreements. The first…

UK Launches Innovative Digital Wallet for Driver's Licenses and IDs, Featuring OpenAI-Powered Chatbot

UK Launches Innovative Digital Wallet for Driver’s Licenses and IDs, Featuring OpenAI-Powered Chatbot

supportJan 21, 2025

The U.K. government is set to launch a secure digital wallet for managing government-issued credentials, including a virtual driver’s license and a virtual veteran card.…

UK Government Unveils Bold Strategy to Boost Financial Services Growth and Innovation

UK Government Unveils Bold Strategy to Boost Financial Services Growth and Innovation

supportJan 21, 2025

The UK’s financial services sector is set to play a key role in the newly announced Financial Services Growth and Competitiveness Strategy, led by Chancellor…

UK Launches 'Humphrey' AI Assistant for Civil Servants: Revolutionizing Bureaucracy and Boosting Efficiency!

UK Launches ‘Humphrey’ AI Assistant for Civil Servants: Revolutionizing Bureaucracy and Boosting Efficiency!

supportJan 21, 2025

The U.K. government is advancing public services through artificial intelligence (AI) with significant investments aimed at enhancing efficiency. Key projects include AI assistants, data-sharing agreements,…

UK WealthTech Fundment Secures £45M in Series C Funding: A Major Boost for Financial Innovation

UK WealthTech Fundment Secures £45M in Series C Funding: A Major Boost for Financial Innovation

supportJan 20, 2025

Fundment, a technology platform for financial advisers, has raised £45 million in a Series C funding round led by Highland Europe, with support from ETFS…

Smart Data Foundry Raises £3M to Transform UK Financial Research Landscape

Smart Data Foundry Raises £3M to Transform UK Financial Research Landscape

supportJan 20, 2025

Smart Data Foundry (SDF) has secured £3 million in funding from Smart Data Research UK, part of UK Research and Innovation, to enhance financial health…

Transforming UK Corporate Governance: The Impact of New IDV Laws

Transforming UK Corporate Governance: The Impact of New IDV Laws

supportJan 20, 2025

Companies House is set to introduce mandatory identity verification (IDV) requirements by 2025, as part of the Economic Crime and Corporate Transparency Act 2023. By…

Over 40% of UK Financial Firms Unprepared for DORA Deadline: What It Means for the Industry

Over 40% of UK Financial Firms Unprepared for DORA Deadline: What It Means for the Industry

supportJan 17, 2025

As the Digital Operational Resilience Act (DORA) compliance deadline approaches, nearly 43% of UK financial institutions are struggling to meet its requirements, according to a…

UK Payment Systems Regulator Unveils Bold New Strategy for 2023

UK Payment Systems Regulator Unveils Bold New Strategy for 2023

supportJan 17, 2025

The Payment Systems Regulator (PSR) has made significant progress since its establishment in 2022, focusing on user protection and competition in the payment sector. Three…

Half of UK Buy Now, Pay Later Users Unaware of Late Fee Risks

Shocking Truth: 50% of UK Buy Now Pay Later Users Unaware of Hidden Late Fees!

supportJan 16, 2025

Buy Now Pay Later (BNPL) services are increasingly popular in the UK, with over 15 million adults expected to use them for holiday spending, according…

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