UK Fintech Week

News/payments

Visa cardholders score discounts on Covid-19 testing

Visa has announced a partnership with Collinson, a travel experience and medical assistance provider, to deliver a range of discounted pre-travel Covid-19 testing to Visa cardholders.

01 April 2022

Finextra TV/startups

Hack To The Future with Finastra

Christophe Langlois, Fintech Ecosystem Marketing Lead at Finastra speaks about Hack to the Future, a fintech movement igniting a world of financial sustainability, inclusion, and empowerment, and explains why hacking is so essential to transforming financial services.

01 April 2022

News/devops

ADGM and Finastra join forces for ‘Hack to the Future 4’

The Abu Dhabi Global Market (ADGM) has partnered with Finastra for its globally renowned fintech hackathon, Hack to the Future 4.

01 April 2022

News/regulation

Barclays addresses potential CBDC fragmentation in new paper

Barclays’ paper sets out a methodology for the mitigation of potential fragmentation risk presented by central bank digital currency (CBDC), through an architecture that places CBDC and commercial bank money on a similar footing.

01 April 2022

News/regulation

EBAday 2022: Why European FIs need to prepare for DORA

The EU’s Digital Operational Resilience Act (DORA) is on track to be agreed before the summer and firms need to prepare accordingly.

01 April 2022

News/regulation

UK watchdog takes on card schemes

The UK's Payment Systems Regulator (PSR) has put the card schemes on notice that it is investigating their fees and how to help merchants get better deals, including by promoting the alternative of account-to-account payments.

01 April 2022

News/crime

Millions of Brits risking fraud by ignoring Confirmation of Payee warnings

Millions of Brits are putting themselves at risk by ignoring warnings that bank account details do not match when making a transfer, according to research from Lloyds Bank.

01 April 2022

News/predictions

Apple looks to bring payment processing in-house - Bloomberg

Apple is working to bring a host of financial services work, including payments processing, in-house to reduce its reliance on outside fintech partners, according to Bloomberg.

31 March 2022

Long read/UK Fintech Week

Chris Holmes Peer at House of Lords

The Westminster Series: Lord Holmes on UK Fintech Week

31 March 2022

News/startups

Credit card for expats Yonder secures £20 million startup capital

Yonder, a London-based credit card startup catering to expats in the UK, has opened a waitlist for prospective customers after emerging from stealth with a £20 million equity raise.

31 March 2022

News/payments

Dapio picks up $3.4m to turn phones into POS devices

Dapio, a UK outfit that helps businesses accept contactless payments on their Android devices, has raised $3.4 million in a round co-led by African paymentts behemoth Flutterwave and Techstars.

31 March 2022

Long read/UK Fintech Week

Andrew Smith Founding CTO at RTGS & ClearBank

Agile Series: Diversity of thought

30 March 2022

News/payments

Santander launches instant payments into Brazil from Europe

Santander’s SME and corporate clients in Spain, from today, will be able to make immediate international payments to recipients in Brazil, in Brazilian Real, through the One Trade solution.

30 March 2022

News/startups

Oxbury closes Series C, acquires software provider Naqoda

Agricultural challenger bank Oxbury has acquired Naqoda, the provider of the bank's cloud-based core banking platform, with the aim of becoming a software-as-a-service provider for the wider fintech and banking industry.

30 March 2022

News/wholesale

OakNorth reports 73% increase in pre-tax profits

UK small business lender OakNorth is reporting a stellar performance in 2021, posting a 73% increase in pre-tax profits to £134.5 million and a 60% increase in new lending to £1.8 billion.

30 March 2022

News/payments

Papaya Global to acquire Azimo

Global staff management and payroll platform platform Papaya is to acquire remittance outfit Azimo, in a deal that will male it possible to pay employees almost instantly regardless of geography and typical payroll limitations.

29 March 2022

News/security

FCA records 50% rise in serious cyber incidents at UK firms

Cyber incidents reported to the UK's Financial Conduct Authority in 2021 are up by over 50%, with a fifth involving ransom software.

29 March 2022

News/retail

UK tech ecosystem worth $1 trillion, with fintech dominating

The UK's technology ecosystem is now worth $1 trillion, with fintech dominating the list of most valuable firms.

29 March 2022

News/security

Anonymous dumps 28GB of data stolen from Russian central bank

Hacking collective Anonymous claims to have released 28 gigabits of documents pilfered from the Central Bank of Ruissia.

28 March 2022

News/crypto

Bank of England joins MIT CBDC roster

The Bank of England has teamed up with the Massachusetts Institute of Technology on a twelve-month research project on central bank digital currencies.

28 March 2022