UK Finance

149 results about this entity

Period: 02 Jan 2002 - 05 Nov 2024

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BlackRock rolls out GenAI to staff and clients

/devops

BlackRock rolls out GenAI to staff and clients

Global investment manager BlackRock has announced the rollout of generative AI tools as soon as January in a bid to embrace the nascent technology.

/retail

UK Finance calls for creation of Quantum Taskforce

UK Finance has today launched two reports revealing the risks and opportunities of quantum for the UK financial services sector.

UK consumers lost over half a billion pounds to scams in the first half of 2023

/security

UK consumers lost over half a billion pounds to scams in the first half of 2023

Criminals stole £580 million through unauthorised and authorised fraud in the first half of 2023, a two per cent decrease compared with the same period in 2022, according to new figures from UK Finance.

UK to test Regulated Liability Network concept for retail payments

/crypto

UK to test Regulated Liability Network concept for retail payments

The UK is to push ahead with a proof-of-concept on the development of a Regulated Liability Network, a financial market infrastructure for programmable money operating on a multi-bank shared ledger.

/sustainable

UK Finance updates on cash industry environmental work

It’s been a while since we shared an update on the work that participants in the UK cash supply chain are doing to reduce the environmental impacts of cash.

/markets

UK Finance calls on Government to help digitse UK capital markets

UK Finance today releases a new report which sets out three key missions to accelerate the digital transformation of the UK’s capital markets.

UK Finance baulks at proposed £20,000 upper limit for future Britcoin

/payments

UK Finance baulks at proposed £20,000 upper limit for future Britcoin

UK Finance, the collective voice for the UK banking and finance industry, has clashed with the bank of England on the proposed £10,000 to £20,000 ceiling on individual holdings in a future central bank digital currency, arguing that such a limit could result in a run on bank deposits.

/retail

Glassbox to offer discounted Consumer Duty software to UK Finance members

Glassbox (TASE:GLBX), a leading provider of digital experience analytics for web and mobile applications, today announced it has entered into a partnership with UK Finance to make its award-winning digital experience solution available to UK Finance members at a preferred rate.

UK financial fraud hits £1.2bn but APP losses dip

/payments

UK financial fraud hits £1.2bn but APP losses dip

The UK saw a slight dip in financial fraud losses in 2022, to £1.2 billion, driven by a 17% fall in authorised push payment (APP) losses.

/security

UK Finance: £177.6 million lost to impersonation scams in 2022

During Take Five Week (17-21 April), the public is being warned to beware of impersonation scams as new figures show there were 45,367 cases of this type of fraud in 2022, with losses totalling £177.6m.

UK associations form crypto industry alliance; government preps consultation on digital pound

/crypto

UK associations form crypto industry alliance; government preps consultation on digital pound

Five UK industry bodies have formed an alliance to help guide the nation's digital currency future.

UK banks form company to develop shared banking hubs

/payments

UK banks form company to develop shared banking hubs

The UK's top banks have clubbed together to pay for the development of shared banking hubs across the country.

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