Bank of England stories
Financial institutions still face hidden fourth-party risks even after Microsoft, Google Cloud, AWS and Oracle were designated as critical providers.
A surge in small-business borrowing has prompted Iwoca to expand lending capacity, after UK SME lending rose 60% in 2025.
Banks and insurers face a gap between the plan's broad AI aims and the controls needed to satisfy compliance and audit demands.
UK SMEs can now spread surplus cash across more than 200 business savings accounts as Flagstone lifts its bank panel to 56.
Executives may face costly missteps as persuasive AI forecasts spread faster than their ability to test the assumptions behind them.
Switching rose 43% in Britain last quarter, adding pressure on banks to tailor offers as digital-only accounts neared half of households.
Cross-border transfers and everyday checkout payments could become quicker and cheaper if digital records of assets are widely adopted.
Banks face a shrinking window to harden legacy systems as cheap AI tools make vulnerability hunting and repeat attacks far easier for criminals.
Banks and insurers face tighter resilience checks as four cloud providers come under joint UK supervision for the first time.
Limits on systemic issuers aim to shield credit supply as the Bank prepares a new regime for sterling stablecoins used in payments.
The North's fintech sector now employs 20,000 people directly, as FinTech North returns to Leeds to mark its 10th anniversary.
Banks may avoid building separate systems for stablecoins, tokenised deposits and CBDCs as UK regulators back tokenisation in wholesale markets.
Recurring bank payments could soon replace some cards and direct debits as UK Payments Initiative rolls out a new open banking scheme.
Cross-border trading in tokenised assets and stablecoins could expand after regulators on both sides of the Atlantic agreed to align standards.
Most UK lenders now face overlapping FCA, PRA and data rules on AI, as 75 per cent of firms already deploy the technology.
Its growth mirrors the shift of UK private equity from a niche source of finance to a mainstream market, with ECI now managing around GBP £3 billion.
Peers say proposed caps and reserve rules could leave GBP stablecoins at a disadvantage, as the Bank of England finalises draft regulations.
The next phase could ease delays and settlement risk in wholesale cross-border transfers as Project Agorá moves to real-value testing.
AI attacks are pushing firms to prioritise cyber resiliency, as Everpure warns downtime can exceed ransom demands by up to 75 times.
Active traders can now bet on Fed calls, inflation and crypto around the clock, as tastytrade becomes the first broker live on Apex's FCM infrastructure.