The UK government has proposed a major reform of its financial regulatory framework by merging the Payment Systems Regulator (PSR) into the Financial Conduct Authority…
The U.K. Competition and Markets Authority (CMA) has conducted a thorough investigation into Apple and Google’s mobile browsers, revealing concerns that their practices hinder innovation…
A U.S. journalist, Dissent Doe, has defied a U.K. court injunction demanding the removal of articles about a ransomware attack on HCRG, a major healthcare…
The CFIT’s announcement of a Digital Company ID initiative is a pivotal move to combat rising fraud rates in the UK. This framework aims to…
In 2024, European WealthTech funding plummeted 65% year-over-year to $5.4 billion across 272 deals, down from $15.6 billion in 2023 and a 71% drop in…
Quantexa, an AI-driven decision intelligence provider, has raised $175 million in a Series F funding round led by Teachers’ Venture Growth, part of the Ontario…
Lenkie, a UK FinTech focused on cashflow management, has raised £49 million in Series A funding, comprising £4 million in equity and £45 million in…
The U.K.’s Information Commissioner’s Office (ICO) is investigating TikTok, Reddit, and Imgur over their child privacy practices, focusing on how they protect minors’ personal information,…
OpenAI has launched its video generation model, Sora, to ChatGPT Plus and Pro subscribers in the EU, U.K., Switzerland, Norway, Liechtenstein, and Iceland. Initially introduced…
In 2024, European FinTech investment faced a severe downturn, with a 63% drop in deal activity year-over-year. Total funding fell to $18.37 billion, a 47%…