Tag: UK

UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority (CMA).

UK challenger bank Mondo has passed a new milestone with more than £20m ($26m) spent through its service to date.

Legal firm Hogan Lovells is launching a Regulatory Accelerator to help UK FinTech startups to understand and navigate the Financial Conduct Authority's (FCA) regulatory regime.

Barclays is rolling out voice-recognition security to all its personal banking customers, eliminating the need for passwords and improving protection against fraud.

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

Privacy-enhancing software company Privitar has raised £3m ($2.9m) in a new round of funding led by Illuminate Financial Management.

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

Legal & General Investment Management (LGIM) has invested in UK startup Smart Pension, which manages a digital auto enrollment platform.

London-based startup Behavox, a provider of compliance surveillance software, has raised Series A funding from venture capital investors.

Thomson Reuters is partnering with Imperial College London to take on big data challenges in FinTech, as well as the legal world.