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Thought Machine makes job cuts

Just months after announcing a hiring spree, cloud-native core banking vendor Thought Machine is laying off around eight per cent of its workforce.

Nutmeg chief quits Chase UK

Nutmeg chief executive (CEO) Sanjiv Somani has quit his role at the JP Morgan Chase-owned digital wealth manager.

EU foils €600m crypto scam

European authorities have arrested nine people in connection with a cryptocurrency money laundering network that defrauded victims of more than €600m

FCA hampered by crypto skills shortage

A shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering regulations in 2021, and it still finds it difficult to recruit and retain staff with these skills, acording to a report by the National Audit Office (NAO).