UK Fintech Week

News/regulation

IFGS 2022: FCA pursues outcomes-based approach to fintech policy

Speaking on the panel ‘Regulating Innovation: When things start heating up’ on day two of the Innovate Finance Global Summit (IFGS), Richard Fox, the FCA’s director of international, explains the reasoning behind the FCA’s attraction toward outcomes-based fintech regulation in the UK.

05 April 2022

Long read/UK Fintech Week

Finextra Research Writer at Finextra

IFGS 2022: Klarna's Sebastian Siemiatkowski on post-Brexit regulation

05 April 2022

Long read/UK Fintech Week

Finextra Research Writer at Finextra

IFGS 2022: Starling Bank's Anne Boden on profitability and VC capital

05 April 2022

Long read/UK Fintech Week

Finextra Research Writer at Finextra

IFGS 2022: FCA's Jessica Rusu discusses Russian sanctions and regulating cryptocurrency

05 April 2022

News/identity

London Stock Exchange acquires KYC specialist Global Data Consortium

London Stock Exchange Group (LSEG) is continuing its acquisition spree, buying digital ID firm Global Data Consortium to help clients with know your customers requirements.

05 April 2022

News/regulation

IFGS 2022: Stablecoin news sparks mixed response from crypto lawyers

Speaking on the ‘Crypto Rebooted: 2021 and Beyond’ during day two of the IFGS conference, Barnaby Reynolds, global head of the Financial Services Industry Group, Shearman & Sterling, played down the significance of HM Treasury’s announcement yesterday regarding the regulation of stablecoin use the UK.

05 April 2022

Finextra TV/payments

LIVE @ UK Fintech Week: Empowering the UK through Embedded Finance

LIVE @ UK Fintech Week FinextraTV spoke with Lord Christopher Holmes of Richmond MBE during IFGS about the future of Embedded Finance within the UK and globally. We hear how infrastructure is powering embedded finance, some of the challenges involved, and what the government is doing to secure the UK a competitive position within the market.

05 April 2022

News/people

Santander UK CIO joins biometric outfit iProov

Biometric face authentication technology company iProov has hired Miguel Traquina, Santander UK's chief information officer for operations and economic crime, as CIO

05 April 2022

News/crypto

Chancellor asks Royal Mint to create NFT

The UK government has commissioned the Royal Mint to create an NFT as part of a push to make the country a "global hub for cryptoasset technology".

05 April 2022

News/startups

IFGS 2022: Are fintechs biting off more than they can chew?

Molten VC’s and moderator for IFGS session ‘Chomping on the (uni)(deca)corn’ Bindi Karia set the scene with some striking statistics around investment in the UK and global fintech industry.

04 April 2022

News/startups

Kalifa to steer creation of new UK Centre for Finance, Innovation and Technology

A steering committee has been established to develop the remit for a new Centre for Finance, Innovation and Technology in the UK.

04 April 2022

News/crypto

IFGS 2022: HM Treasury confirms regulation of stablecoin use

Speaking at the Innovate Finance Global Summit (IFGS) conference on Monday, Economic Secretary to the Treasury John Glen announced that legislation will be introduced to bring certain stablecoins into the UK payments framework, as well as projects to tackle broader crypto regulation and decentralised autonomous organisations (DAOs).

04 April 2022

News/regulation

IFGS 2022: Taking the pulse of UK fintech

Following welcome addresses from Catherine McGuinness, chair, Policy and Resources Committee, City of London Corporation, and Janine Hirt, CEO, Innovate Finance, the Innovate Finance Global Summit took off with a panel stacked with leading fintech voices.

04 April 2022

News/retail

Zopa hits profitability ahead of planned move into BNPL market

Zopa bank has achieved a rare feat among UK challenger banks, hitting profitability for the first time just 21 months after acquiring its UK banking licencet.

04 April 2022

News/payments

Visa cardholders score discounts on Covid-19 testing

Visa has announced a partnership with Collinson, a travel experience and medical assistance provider, to deliver a range of discounted pre-travel Covid-19 testing to Visa cardholders.

01 April 2022

Finextra TV/startups

Hack To The Future with Finastra

Christophe Langlois, Fintech Ecosystem Marketing Lead at Finastra speaks about Hack to the Future, a fintech movement igniting a world of financial sustainability, inclusion, and empowerment, and explains why hacking is so essential to transforming financial services.

01 April 2022

News/devops

ADGM and Finastra join forces for ‘Hack to the Future 4’

The Abu Dhabi Global Market (ADGM) has partnered with Finastra for its globally renowned fintech hackathon, Hack to the Future 4.

01 April 2022

News/regulation

Barclays addresses potential CBDC fragmentation in new paper

Barclays’ paper sets out a methodology for the mitigation of potential fragmentation risk presented by central bank digital currency (CBDC), through an architecture that places CBDC and commercial bank money on a similar footing.

01 April 2022

News/regulation

EBAday 2022: Why European FIs need to prepare for DORA

The EU’s Digital Operational Resilience Act (DORA) is on track to be agreed before the summer and firms need to prepare accordingly.

01 April 2022

News/regulation

UK watchdog takes on card schemes

The UK's Payment Systems Regulator (PSR) has put the card schemes on notice that it is investigating their fees and how to help merchants get better deals, including by promoting the alternative of account-to-account payments.

01 April 2022