fintech

The upcoming King’s Speech – where are the words on AI?

5 minutes of reading / agile, AI, chatbot, fintech, social media, Tech / By / Leave a Comment

In July 2024, we listened to the Labour government’s first King’s Speech. It contained a single line almost imperceptibly nodding towards something on artificial intelligence (AI). The government said it would “seek to establish the appropriate legislation to place requirements on those working to develop the most powerful artificial intelligence models”. Some 20 months later…

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Contactless payment limit removal will happen overnight, but change won’t

6 minutes of reading / AI, Apple, fintech, machine learning, Tech / By

When UK citizens wake up on 19 March, there will no longer be a regulation that limits how much they can spend in a single transaction on a contactless card, but changes will take time. The Financial Conduct Authority’s (FCA) rule change on contactless payments means the £100 limit will no longer exist, allowing banks…

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UK regains second spot in global fintech investment ranking

3 minutes of reading / fintech, Tech / By

Investment in financial technology (fintech) reached $53bn globally in 2025 after a 21% increase in investment compared to the previous 12 months, according to Innovate Finance’s annual report. The second half of 2025 also saw the UK regain second spot in the global ranking after it was leapfrogged by the United Arab Emirates (UAE) in…

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UK open banking is eight years old and ready to grow into the wider economy

4 minutes of reading / API, fintech, Tech / By

Open banking in the UK is eight years old and has become an established part of the financial services sector, but its next phase will see it help create services beyond retail banking. Following the Competition and Markets Authority’s Retail Banking Market Investigation Order in 2017, UK banks were required to implement open banking regulations, which…

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UK digital bank Revolut sees value jump £23bn in a year

3 minutes of reading / fintech, Tech / By

Digital bank Revolut has been valued at £57bn, just over a decade after it launched as an app that reduced the complexity and cost of using different currencies. Following its latest share offer, the company’s value jumped from £34bn. “The level of investor interest and our new valuation reflect the strength of our business model,…

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US breach reinforces need to plug third-party security weaknesses

3 minutes of reading / fintech, risk management, Tech / By

The finance sector has been dealt another reminder that security postures are only as strong as the weakest link, as a tech supplier hack leaves US banks exposed. This week, SitusAMC, which provides loans and mortgage services to US banks, admitted that “certain information” from its systems had been compromised in a cyber attack. SitusAMC…

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UK banks must be more like Big Tech to catch the US on AI, which comes with a high price

3 minutes of reading / AI, Computer, fintech, Tech / By

UK banks must act like big tech companies and less like startups if they want to emulate the success US banks have had with artificial intelligence (AI). According to research from Evident, which tracks financial services AI adoption, US banks lead the way. In its latest banking AI adoption index, six of the top 10…

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Meet the IT leader In Lebanon who became an IT entrepreneur

5 minutes of reading / AI, fintech, IBM, Kubernetes, Oracle, Tech / By

Asked for his advice as to whether it’s a smart idea to switch from being an IT leader to running your own company, Nassib Chamoun has some advice for potential poachers turned gamekeepers. “If you’re looking for stability, my recommendation is to stay where you are as an employee,” he says. “If you can accept…

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Most Influential Women in UK Tech: The 2025 longlist

34 minutes of reading / 5G, Accenture, agile, AI, Amazon, AWS, blockchain, Cisco, Cloud, compliance, Computer, data analytics, data science, DevOps, digital transformation, DNS, Ericsson, fintech, Flex, Fujitsu, Google, HP, IBM, Intel, machine learning, Meta, Microsoft, MSI, open source, Oracle, project management, Salesforce, SAP, Siemens, Snap, software engineering, Sony, Square, Tech, Technology, threat intelligence, Twilio, Zscaler / By

Computer Weekly’s list of the most influential women in UK technology has been running since 2012, launched to promote a discussion surrounding the role of women in the technology sector during a time when the lack of diversity in tech was only beginning to be considered. When it was launched, the list only featured 25…

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