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Bank of England

Andrew Bailey clears up Bank of England’s AI stance

Although acknowledging that AI poses some risks, the ‘great benefits’ the rapidly developing technology can bring must be recognised, Andrew Bailey informed the BBC. AI...

UK fintech COLIBRIX gains access to Mastercard global network

Mastercard has taken on payments solutions provider COLIBRIX as its latest strategic partner in an agreement posing several opportunities for the latter. As a Mastercard...

UK needs long-term plan of action as inflation rises to 4%

Inflation continues to hound the UK, causing ongoing problems for consumers, businesses and economic sectors coping with the direct and indirect effects of the...

FCA puts consumer protection front-and-centre for 2024

As the UK rolls into the New Year, the country’s Financial Conduct Authority (FCA) has underscored the importance of the financial sector to Britain’s...

UK budget must recognise that payments are at heart of digital...

The British government has outlined plans for investment in technological centres across the UK, including in fintech and AI, but it is vital that...

UK Future of Payments Review calls for ‘urgent’ Open Banking overhaul

The UK needs to accelerate progress on Open Banking and payment innovation in order to avoid falling behind according to the Future of Payments...

‘We need to double down on innovation’ – The fintech future...

The UK has achieved world leader status in payments innovation, and the government must use its Autumn Budget as a hub for global fintech...

Autumn Statement: A chance ‘to put wind in the sails’ of...

The UK government is set to announce its Autumn Statement around midday today, with Chancellor of the Exchequer, Jeremy Hunt, expected to outline fiscal...

Jeremy Hunt: ‘UK has to win the AI race’ 

UK Chancellor Jeremy Hunt has dismissed fears over the growth of artificial intelligence in the country.  Speaking at POLITICO Tech UK event, Hunt emphasised that...

The UK Budget: ‘Big Bang 2.0 must set out smart regulation’ 

To ensure that London is at the forefront of innovation in finance, tech must be at the forefront of government focus, according to Alisa...

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