200 articles tagged with this keyword
News/retail
NatWest Group is closing another 32 branches, citing the migration to online and mobile banking.
14 February 2022
News/startups
Societal impact app Novus has begun onboarding customers in the UK after closing a $3 million crowdfund.
News/regulation
The Financial Conduct Authority is cracking down on potentially unfair and unclear terms in the contracts of Clearpay, Klarna, Laybuy and Openpay ahead up-and-coming regulation of the UK buy now, pay later market.
News/payments
Barclays is calling for more robust regulation of all buy-now-pay-later products as it releases new research which suggests the lack of consistent affordability assessments has led shoppers to take on more debt than they can afford to repay.
News/sustainable
Under its £100 billion Climate and Sustainable Funding and Finance ambition, NatWest is now providing tools, via an online Climate Hub, to help small and medium-sized enterprises (SMEs) go green.
11 February 2022
Lloyds has named four winners of a competition to find the next generation of green tech businesses that will support its transition to net zero carbon operations.
The Financial Conduct Authority has ordered FreeTrade to take down all of its social media influencer posts over concerns that they could tempt vulnerable people into making unwise investments.
10 February 2022
A Pay.UK spokesperson has confirmed that the Faster Payment System transaction limit has today increased from £250,000 to £1 million.
08 February 2022
GoCardless, a processor of recurring debit payments for more than 70,000 businesses worldwide, has secured a Series G funding round of $312 million at a valuation of $2.1 billion.
Selina Finance, a London-based alternative lender which provides credit to business and consumer borrowers by unlocking the value tied up in their property, has raised $35m in equity from Lightrock and $115m in debt from Goldman Sachs and GGC.
Toucan, a London-based fintech startup for charitable giving, has moved out of closed beta.
Embedded finance platform Railsbank is on the verge of hitting unicorn status thanks to an upcoming investment round, according to Sky News.
07 February 2022
Total UK fintech investment hit $37.3 billion in 2021, up sevenfold from $5.2 billion in 2020, according to figures compiled by KPMG.
Built for Mars’ Peter Ramsay, creator of widely acclaimed UX case studies has released another comparison piece, dissecting the strengths and weaknesses of the overdraft experience provided by challenger bank rivals, Monzo and Starling.
04 February 2022
Barclays has teamed up with corporate venture builder Rainmaking to develop a host of initiatives working with fintech firms around the world.
03 February 2022
News/people
Monzo intends to revamp employee work-life balance by ensuring staff that have worked for the digital bank for over four years are eligible for sabbaticals lasting three months.
Financial Conduct Authority employees have voted in favour of industrial action over proposed cuts to pay and conditions.
02 February 2022
News/security
UK MPs are calling on the Government to legislate on mandatory reimbursement by banks to victims of authorised push payment fraud and new rules to bring Big Tech to heel over social media scams.
Blockchain and crypto giant Ripple has joined forces with British firm Modulr to enable "seamless" payments into the UK and Europe from the rest of the world.
Car dealership JCT600 has become the first retailer to use Lloyds’ new PayFrom Bank account-to-account payment product, displacing plastic cards at the online checkout.
28 January 2022
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