Financial Conduct Authority stories
DTCC's planned July 2026 tokenisation service launch is forcing brokers, custodians and clearing firms to overhaul manual post-trade workflows.
UK financial firms are adopting AI faster than they can police it, with Zango warning that the sector lacks a shared governance standard.
Valliance hires former Palantir experts and launches customer review as it seeks to close the AI deployment gap in UK and Europe.
UK advisers increasingly back agentic AI in wealth platforms, as GBST says adoption will hinge on regulation, oversight and auditable controls.
Lightyear has launched ready-made investment plans in the UK, offering three risk-based options backed by BlackRock and Vanguard for newcomers.
Kani Payments study finds UK payments firms are unprepared for FCA safeguarding rules, with daily reconciliations and evidence packs still patchy.
FICO says UK lenders should use AI in collections as missed card payments and balances rise, adding pressure to manual recovery teams.
Wealth managers get real-time AI compliance checks as WealthAi targets spreadsheet-based monitoring and boosts surveillance for regulators and clients.
OMS rolls out Curvestone AI compliance checks for mortgages, giving brokers and lenders automated file reviews and audit trails across case workflows.
UK finance staff embrace generative AI for daily tasks as oversight gaps in monitoring and compliance raise fresh regulatory concerns.
Broadridge's Irish AI project aims to turn dense fund disclosures into plain English for retail investors, with IDA Ireland backing the study.
Coinbase adds sterling-backed tGBP to its UK offering, as the exchange pushes local-currency stablecoins amid growing scrutiny of regulation.
UK business groups and payments firms warn Treasury delays on stablecoin policy are holding back sterling-backed tokens and cross-border finance.
Coinbase widens UK push with crypto-backed USDC loans, letting users borrow against Bitcoin, Ether and cbETH in under a minute.
Fintech's middle tier is under strain as tighter funding, heavier regulation and AI-driven competition favour big platforms and fresh startups.
Revolut has launched an in-app AI assistant as banks and fintechs race to replace menu-driven apps with chat-based tools for everyday money tasks.
Banks and regulators race to assess Anthropic's controlled Mythos access, as AI cyber testing raises fears over payments, trading and wider financial stability.
GCEX adds Cumberland's spot crypto liquidity for institutional clients via XplorSpot, boosting regulated access and execution across European markets.
FCA maps out plans to widen data sharing, helping UK borrowers and SMEs secure credit, compare deals and access more tailored financial services.
London fintech Round lands USD $6 million and unveils workflow tools to cut repetitive treasury, payroll and payments work for finance teams.