The latest transaction data from leading global digital payments company Checkout.com has found UK consumer spending during the Black Friday and Cyber Monday (BFCM) weekend surged during working hours. On Friday 29th November, spending peaked between 9am and 10am, and on Monday 2nd December, sales saw a spike at 10am.

UK financial services firms are facing significant challenges in integrating Artificial Intelligence and Generative AI technologies, according to the EY European Financial Services AI Survey.

Despite AI adoption efforts, many firms remain in the early stages of implementation, hindered by gaps in workforce upskilling and regulatory readiness.

Gatehouse Bank plc has today announced a new partnership with ColCap Financial UK Limited.

The Bank offers Shariah-compliant ethical savings products for UK customers, as well as residential property finance in England and Wales for UK Residents, UK Expats and International homebuyers and landlords.

Shastic, the leading provider of AI-Automated Knowledge Workers for financial institutions, has announced that its platform will be integrated with MeridianLink, Inc. , a leading provider of modern software platforms for financial institutions and consumer reporting agencies.

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that East of England Co-op has extended its relationship with Atleos to provide ATMs through the Cashzone Network across its stores.

KPay Group (KPay), a one-stop financial management and business operations platform, today announced the successful completion of its first institutional funding round, raising a record USD 55 million, the largest Series A globally in the payments sector in 2024[1].

BNP Paribas’ Securities Services business today announces the launch of new post-trade data management services, leveraging the Investment Data Solution (IDS) of NeoXam, a market leader in financial data technology solutions, to support clients’ decision-making across the investment value chain.

NatWest Group is set to launch its first Fintech Growth Programme, an exciting opportunity for fintech startups to use the resources, expertise and networks of an established high-street bank to help them scale-up sustainably.

The programme supports NatWest’s ambition of leading the future of banking with the hope that some of the participants will help drive the bank’s innovation pipeline.

Diagram Capital, an FCA regulated investment company that provides expert guidance and support for professional clients, is pleased to announce its partnership with Muinmos, a market-leading RegTech solutions provider. This collaboration introduces Muinmos’ advanced onboarding platform to streamline and enhance Diagram Capital’s client onboarding and KYC (Know Your Customer) / KYP (Know Your Partner) processes. 

 According to new research released today, on average, each of the 5.5 million SMBs in the UK lost almost £11,000 (£10,800) this year through fraud.

With hackers, scammers, and unethical shoppers becoming increasingly sophisticated, smaller businesses are worryingly underprepared for attacks - with nine in ten senior c-suite execs concerned for their survival as a result.