CFOtech UK - Technology news for CFOs & financial decision-makers
United Kingdom

UK News - Page 8

UK campaign urges faster stablecoin rules from Treasury
Crypto

UK campaign urges faster stablecoin rules from Treasury

Businesses warn delays could push stablecoin activity overseas, as a coalition presses ministers and regulators for clearer UK rules and tax treatment.

By Karen Joy Bacudo • 5 min read • Last month
Visa, TikTok roll out UK debit card for LIVE creators
Fintech

Visa, TikTok roll out UK debit card for LIVE creators

The card aims to ease cash-flow strain for UK creators facing irregular payouts and delayed access to earnings from live streams.

By Karen Joy Bacudo • 4 min read • Last month
Payment failures put GBP £1.7bn in UK sales at risk
Disaster Recovery

Payment failures put GBP £1.7bn in UK sales at risk

Shoppers are abandoning purchases within minutes of outages, exposing retailers and venues to losses that quickly mount beyond GBP £1.7 billion a year.

By Sofiah Nichole Salivio • 4 min read • Last month
UK bolt-on acquisitions fall 61% as AI shifts focus
Partner Programmes

UK bolt-on acquisitions fall 61% as AI shifts focus

Technology dealmaking fell sharply as investors redirected capital towards artificial intelligence, with UK bolt-on volumes dropping to 44 in 2025.

By Sofiah Nichole Salivio • 4 min read • Last month
Dext adds payroll to UK payments product for Xero users
Software-as-a-Service

Dext adds payroll to UK payments product for Xero users

UK Xero users can now manage supplier, expense and employee payments in one place as Dext expands its payments tool with payroll.

By Karen Joy Bacudo • 3 min read • Last month
Coinbase launches UK crypto-backed USDC loans for users
Crypto

Coinbase launches UK crypto-backed USDC loans for users

UK Coinbase users can now unlock cash from Bitcoin and Ether holdings in seconds, but rapid price swings could trigger liquidation.

By Karen Joy Bacudo • 3 min read • Last month
TeamSystem posts record revenue as AI push lifts growth
Digital Transformation

TeamSystem posts record revenue as AI push lifts growth

Recurring revenue and AI subscriptions helped the Italian software group lift annual revenue 12% to EUR 1.15 billion and widen margins.

By Karen Joy Bacudo • 3 min read • Last month
CFIT says financial health tools could unlock GBP £5 billion
Fintech

CFIT says financial health tools could unlock GBP £5 billion

Wider use of new financial health tools could help 200,000 more UK SMEs a year secure lending, CFIT said after testing prototypes.

By Karen Joy Bacudo • 4 min read • Last month
OVHcloud & Alchemy strike Web3 infrastructure deal
Digital Transformation

OVHcloud & Alchemy strike Web3 infrastructure deal

The tie-up gives developers broader regional access to blockchain tools as cost, latency and compliance pressures reshape Web3 infrastructure choices.

By Sofiah Nichole Salivio • 4 min read • Last month
British Business Bank backs Episode 1 Fund IV with GBP £35M
Artificial Intelligence

British Business Bank backs Episode 1 Fund IV with GBP £35M

The commitment could help Episode 1’s latest fund reach a first close and attract more private capital for early-stage UK start-ups.

By Karen Joy Bacudo • 3 min read • Last month
Only 6% of UK firms would use AI time for advisory
Digital Transformation

Only 6% of UK firms would use AI time for advisory

Most UK accounting firms would divert AI savings to compliance or staffing, not higher-margin advisory work, a Ravical survey found.

By Joseph Gabriel Lagonsin • 4 min read • Last month
RobCo unveils Alfie robot for variable factory work
Venture Capital

RobCo unveils Alfie robot for variable factory work

The new robot is aimed at factory and warehouse tasks that have long resisted automation because conditions, inputs and handling change constantly.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Revolut launches AI assistant as banks shift to chat
Data Protection

Revolut launches AI assistant as banks shift to chat

Customers can now freeze cards or check spending by text or voice, as Revolut joins banks racing to make finance apps conversational.

By Karen Joy Bacudo • 4 min read • Last month
Mid-sized fintech firms squeezed out as funding tightens
Fintech

Mid-sized fintech firms squeezed out as funding tightens

Higher rates and tougher investor scrutiny are forcing mid-tier fintechs into sales, restructuring or shutdown as capital pools shrink.

By Karen Joy Bacudo • 4 min read • Last month
OVHcloud adds Quandela Belenos quantum computer to platform
Hyperscale

OVHcloud adds Quandela Belenos quantum computer to platform

Businesses and researchers can now trial photonic quantum hardware by the second, as OVHcloud widens its pay-as-you-go platform with a second machine.

By Sofiah Nichole Salivio • 4 min read • Last month
Young workers overlook payroll as strategic career option
Digital Transformation

Young workers overlook payroll as strategic career option

Only 3% of 18-to-24-year-olds see payroll as strategic, raising concerns over future recruitment and pay accuracy for employers.

By Kaleah Salmon • 4 min read • Last month
UK broadband switching jumps 24% as April bills rise
IT Industry

UK broadband switching jumps 24% as April bills rise

Households hit by April rises are switching in record numbers, with three million already moving providers to avoid higher broadband charges.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Sparky Space launches AI platform to bridge learning gap
EduTech

Sparky Space launches AI platform to bridge learning gap

By linking training to live workflows, the Berlin start-up aims to help firms turn more of their learning spend into measurable execution.

By Joseph Gabriel Lagonsin • 4 min read • Last month
UK tech workers demand better AI training from employers
Data Protection

UK tech workers demand better AI training from employers

Only 58% of UK tech staff have formal AI training, leaving daily users exposed to errors, privacy risks and weak oversight.

By Mark Tarre • 6 min read • Last month