While London is very much the epicentre of the Fintech success story in the country, the UK as a whole has created a strong ecosystem for the sector, spurring innovation in financial technologies. Still, London does rank as the second-highest ecosystem for Fintech in the world, continuing to attract high levels of investment in the sector.

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that in the past week, the firm earned three more awards for its service in regulatory compliance and trade surveillance, including two honours for innovation in the digital asset space.

Artificial Intelligence (AI) could help banks to prevent over 100,000 Authorised Push Payment (APP) scams each year, according to a trial piloted by two major banks and LexisNexis® Risk Solutions.

The trial saw detection of in-progress APP scams double from 3-in 10 to 6-in-10 cases. Preventing 60% of APP scams before they happen could save the banking sector over £600 million in fraud losses, based on UK Finance figures for 2020 and 2021.

We are moving closer to a cashless society: 89% of payments in the UK are contactless and, globally, contactless payment transaction values are set to surpass $10 trillion by 2027. Ease, convenience, security, and inclusion have accelerated the transition away from cash.

Global analytics software provider FICO announced it moved up a spot from sixth place to top five for the first-time in the Chartis Research RiskTech100® annual report of the world's leading risk technology providers. FICO again ranks number one in the Innovation, Artificial Intelligence Applications, Financial Crime – Enterprise Fraud, and Retail Credit Analytics categories.

Alveo, the leader in cloud-based market data integration, analytics and Data-as-a-Service (“DaaS”) solutions for financial services, announced today that it has expanded its global data coverage and feed integrations by adding new content from SIX including Sentiment indicators, Tax, and Regulatory Risk data.

BVNK, the next-generation payments platform for global businesses, today announces it has acquired UK fintech, System Pay Services Limited (SPS Ltd), to accelerate expansion. SPS Ltd is registered as an EMI (Electronic Money Institution) in the UK and offers a one-stop payment solution for businesses — providing e-money services, e-wallets, and multi-currency accounts for merchants to make, receive, and process payments.

Paris Blockchain Week, the leading international conference dedicated to professionals in the blockchain and Web3 space, is excited to announce a host of keynotes from industry leaders and visionaries, including Marieke Flament, CEO, NEAR Foundation, Brad Garlinghouse, CEO of Ripple, Steve Huffman, CEO, Reddit, and Ryan Selkis, Founder & CEO, Messari, who will hit the stage from 20^th to 24^th March in 2023.

Today, Kiln announced the close of a €17 million financing round to expand their market-leading staking infrastructure product range.

Facctum, a risktech company specialising in cloud-delivered anti-financial crime technology, today launches an open access search version of its flagship FacctView™ platform. This enterprise-grade risk detection technology for sanctions and financial crime risk management will allow users to search business relationships and determine, in real-time, areas of potential sanctions compliance risk.