Three quarters of financial services firms in the UK are already using artificial intelligence, yet nearly half of these users have only a “partial understanding” of the AI they are deploying, according to a Bank of England and FCA survey.
Investor services technology provider SS&C Technologies has finalised its purchase of funds processing network Calastone, concluding one of the largest deals between investment management technology firms in recent years.
The US Securities and Exchange Commission has sued Kraken, accusing the crypto trading platform of operating as an unregistered securities exchange, broker, dealer, and clearing agency.
The UK’s Financial Conduct Authority is proposing the introduction of a consolidated tape in order to give investors clear and low-cost trading data.
With 2023 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.
At IFGS 2025, the panel, titled ‘The road to net zero: clear and decisive, or bumpy and long?’ gathered perspectives from climate finance experts on how navigating sustainable decisions require nuance amid rising complexity.
Hong Kong’s financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.
The move to shorter settlement cycles and increasing regulatory clarity is leading to an accelerating convergence between traditional and digital assets, reports Citi.
Shares in Coinbase jumped in pre-market trading on Tuesday on news that it will become the first cryptocurrency outfit to be included in the benchmark S&P 500 index.
The new UK government will focus on fintech and sustainable finance as key priority growth opportunities in financial services, says Chancellor of the Exchequer, Rachel Reeves.
As the US stops minting pennies, Square has begun piloting cash rounding functionality with sellers.
Warwick Business School has launched a new Fintech Innovation Lab in the West Midlands following £4.2m of investment.
Visa has teamed up with blockchain data provider Allium Labs to build a dashboard that helps people make sense of stablecoin activity.
Cryptocurrency exchange Binance has been fined C$6 million by Canadian authorities for violating money laundering and terrorist financing laws.
The Competition and Markets Authority (CMA) has identified key risks to fair competition in AI Foundation Models (FMs), growing concerns as AI rapidly develops in the financial industry.