The global fintech sector saw its revenues increase three times that of the finance sector as a whole in 2024, as it enters a new “era of maturity”. Despite reduced investment in fintech firms, the businesses are maturing and driving up revenues. According to Boston Consulting Group (BCG), global fintech revenues grew by 21% last…
Fintech growth three times that of finance sector as a whole Read More »
The past year has been crucial for Ukrainian-British tech cooperation. As one of the leading IT service exporters, Ukraine’s presence in the UK has never been stronger, with business ties growing deeper. Recently, the IT Ukraine Аssociation (ITU) published a comprehensive report on the state of the Ukrainian tech ecosystem. According to the report, Digital…
Bridging Borders: The rise of Ukrainian-British tech collaboration Read More »
It is often said that politicians campaign in poetry and govern in prose, but as we contemplate the new government, trying to predict regulatory intentions in every policy announcement and ministerial appointment, what tech prose can the tech bros expect? In his speech on the steps of Number 10, our new Prime Minister highlighted his…
Week one of a new government and it’s time to talk tech Read More »
Richard Wazacz is a tech-savvy chief executive. With a strong background in digital businesses, he took up the challenge of leading foreign exchange specialist Travelex in June 2022 as the company looked to transform and grow in the post-Covid age. As CEO of a data-rich finance business, Wazacz is interested in how technology can help…
Executive interview: Richard Wazacz, CEO, Travelex Read More »
The Artificial Intelligence (Regulation) Bill that I introduced was making pleasing progress. I had managed to get the Bill through all House of Lords stages and it was teed up for its passage through the Commons, when, somewhat unexpectedly, on a rainy, otherwise unremarkable Wednesday last month, a General Election was called. A quick refresh…
Proposed AI Bill scuppered by general election – so what comes next? Read More »
With spending on IT in the finance sector expected to emerge from the doldrums, we kick off our review of Computer Weekly articles with research from software giant Finastra and its prediction that investment in IT will begin to flow in the second half of next year. Furthermore, for the first time in a few…
Top 10 financial services and fintech stories of 2023 Read More »
Private sector IT buyers will see a long-term boost to their budgets after the Chancellor of the Exchequer, Jeremy Hunt, announced that a policy allowing the cost of IT equipment to be written off against tax will be made permanent. The so-called “full expensing” policy was first announced as a short-term incentive in the Budget…
Chancellor offers spending boost for IT buyers alongside AI and quantum investments Read More »
The rate of cyber fraud dropped slightly over the first six months of 2023, falling 2% compared to the same period in 2022, but even so criminals and fraudsters still managed to steal approximately £580m via both authorised and unauthorised fraud during the period, according to UK Finance’s latest half-yearly report. At the same time,…
UK Finance paints mixed picture of fraud as losses top £500m Read More »
