Over 1600 websites suspected of promoting financial services without permission were suspended, removed or blocked in 2024 because of the UK’s Financial Conduct Authority.

London-based RegTech Kaizen has secured a $42 million minority investment from Boston-based Guidepost Growth Equity, setting the stage for an expansion in North America.

Governor Andrew Bailey confirms House of Lords’ view that the AI technology should be seen as a positive, rather than a risk to business.

Soaring levels of authorised push payments fraud in the UK are turning consumers off digital banking, according to research conducted by Visa

The future of the blockchain and the use of the Internet of Things in financial markets are among the challenges set out by banks participating in the next Startupbootcamp hackathon in London.

A new stock exchange backed by BlackRock and Citadel Securities is being established to take on the New York Stock Exchange and Nasdaq.

FusionIQ has unveiled a wealth management platform designed specifically for digital wallet companies.

Tensec, a startup founded by ex-Rapyd, Meta, and Goldman Sachs executives, has raised $12 million in seed funding to take on the $190 trillion B2B cross-border payments market.

Truelayer and BVNK veterans have raised $6.6 million for their startup building the infrastructure to power real-time cross-border payments in the Middle East and North Africa.

Mastercard has joined a $5.4 million funding round for Bangalore-based no-code AI platform Signzy.

German RegTech Hawk has extended its Series B funding round with an additional investment from Dutch bank Rabobank.

The UK arm of Santander has added a free savings and investment calculator to its website to help customers compare the potential returns on their money.

Capital markets tech house Scivantage is teaming with Hoboken’s Stevens Institute of Technology to launch a fintech incubator programme promising capital, IT support and guidance to successful entrants.

Total UK fintech investment dropped to $12.3 billion in 2023, down 34% from $18.7 billion in 2022, according to KPMG’s Pulse of Fintech, a bi-annual report on fintech investment trends

Australian bank Westpac is adding a security layer for online payments as it seeks to address record customer losses to scams.