The rise of regtech
A head of steam is building around regtech, driven by the confluence of interest from regulators, banks and fintechs.
UK
Financial planner CashCalc in a standalone pension place
New tool in preparation for FCA’s new guidance on pension transfers.
For fintech, life after disruption is a question of identity
What does it take for a disruptor-leader to keep growing in a world where dominance is never guaranteed?
Goldman Sachs’ lending platform Marcus coming to UK
Revealed in an internal memo… that is now everywhere.
West Bromwich Building Society in system selection mode
EXCLUSIVE. UK building society looking for new tech.
Trading platform Infinox unveils free sentiment analysis tool
“Sentiment is more than just a mirror on the market.”
UK banks urged to drop blame game in fraud claims
Financial Ombudsman Service wants banks to investigate cases more.
Barclays seeks to boost e-trading innovation
Newly-created role will also look at AI and ML for improvements.
UK regulators unleash new insurer start-up unit
Will help firms apply and get authorised for insurtech action.
Lloyds opens coffers to London coppers for crime combat
Lloyds will sponsor City of London £1.5 million over three years.
Tel Aviv Stock Exchange links up with London and BSO
Israeli trading expands with better network.
UK needs skills revolution in response to AI
Bank of England chief economist warns against job displacements.
Citi invests in e-trader TransFICC to make innovation click
TransFICC has also joined Citi’s Innovation Lab in London.
Data deliverer DueDil gets £8m funding thrill
Round led by Augmentum… which is everywhere today.
UK paytech Previse gets $7m funding prize
Round is led by Augmentum and Bessemer Venture Partners.
SME bank Tide feels pride with £8m investment
As happy as a clam at high Tide.
Wahed Invest launches digital Halal investment platform in UK
All in good time for the first day of Eid.
Bippit app fires up for all that finance jazz
UK start-up smells like open banking spirit.
A level-headed Monese unleashes free student accounts
UK bank wants to bring its A game in the name of A-levels.
Protean Risk unveils new fintech and payment services team
UK insurance broker demonstrates versatility and visibility.
UK challenger bank Monzo eyes $1.5bn valuation
Gearing up for a new funding round.
Starling Bank unveils first personal loan products
UK challenger offers unsecured loans through its app.
TSB berated for banking blip
Bank says service went down for 30 minutes. Not all agree.
Amazon takes UK insurers on comparison ride
A price comparison site is rumoured to be in the works.
Lendtech trio win £2m prize to create better UK renting realm
Bud, Credit Ladder and RentalStep in step for Rent Recognition Challenge.
UK start-up Betr Lend preps for launch
New online lending and credit card company looking for CTO.
FCA and CMA demand transparency in banking service quality
Asking banks to publish customer ratings.
Intapp acquires DealCloud for CRM quest
Intapp also targeting capital markets sector.
Fintech journalist seeks £1m funding to stay in London
“Everyone else is getting funding. So why not me.”
UK start-up accelerator Buildily powers up for good causes
Will also donate 10% of its fees to micro-lender Lendwithcare.
Moneyhub expands platform with payment initiation services
UK firm secures PISP authorisation from Financial Conduct Authority.
UK watchdog takes legal action over Barclays PPI breach
Barclays failed, for a second time, to send annual reminders to PPI customers.
Wonga raises $13m in new funding
Accel Partners and Balderton Capital pitched in to help UK-based payday lender.
CYBG chooses The ID Co for first open banking solution launch
DirectID platform integrated into B mobile banking app.
UK challenger bank LQID smoothly starts up
To “bridge the gap” between digital and high street challengers.
Starling Bank unveils Banking-as-a-Platform APIs
Think of Airbnb, Uber and Apple. Also think of solarisBank.
From Zopa to bank with new £44m funding
Zopa is moving from P2P lending to banking and savings.
Coinbase gives UK crypto payments pace
Offers same day deposits and withdrawals from crypto accounts to British bank account.
NatWest and RBS card payments crash
Apparently, they ruined somebody’s holiday?
Barclays takes stake in SME lender MarketInvoice
First high street bank to enter into a partnership with the fintech firm.
