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The UK increases the contactless payments cap to £100

The UK’s Financial Conduct Authority (FCA) has again upped the limit of contactless payments, with the cap on single transactions rising from £45 to £100.

FinTech community welcomes UK FinTech review but fear more must be...

The UK FinTech community has welcomed Ron Kalifa's review, but stakeholders argue the government must do more to take the sector seriously and protect the nation's position as an industry leader.

UK cybersecurity firms grew their revenues to $12.51bn in 2020

UK cybersecurity companies grew their revenues to $12.51bn in 2020, representing a 7% increase from 2019 when that figure was $11.69bn.

27.7 million adults in the UK financially vulnerable after Covid-19 –...

The UK’s top financial markets watchdog has found that 27.7 million people in the country have been left in a financially vulnerable state in the coronavirus aftermath.

UK Cyber Security Council launched to govern the cybersecurity sector

The UK government has set up a new independent body to boost professional standards in the country's cybersecurity companies.

Theta Lake has officially launched in the UK

Collaboration security and compliance company Theta Lake has expanded into the UK.

Official warns too much Russian money is being laundered in the...

One of the UK's top officials fighting money laundering has warned that a "disturbing" amount of Russian money is being funnelled through the country.

Don’t forget to update your permissions warns the FCA

The UK's top financial watchdog has warned firms to not forget to regularly reviewer regulatory permissions or risk having their licence to operate cancelled.

FCA reminds financial firms of their responsibilities after Brexit

With the UK having pulled out of the EU on New Year's Eve, the nation's financial regulator has reminded companies about the new red tape they must navigate.

Ondato secures $2m raise to fuel European expansion

Lithuanian identity verification company Ondato has scored $2m in seed capital to fuel its continued European growth, which has been powered by Covid-19.

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