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