Wise, the global fintech known for its focus on international money transfers, is reportedly contemplating a significant shift in its business model.

In a move that brings closure to years of litigation, UK's Metro Bank reached an out-of-court settlement with American ...

Nine of the UK’s biggest banks accumulated over 33 days of IT downtime over the last two years with millions of people affected. Data received from banks by MPs on the Treasury Committee revealed at ...

The Bank of England looks set this week to slow the 100 billion-pound-a-year pace at which it reduces its government bond ...

In February 2025, the UK Parliament’s Treasury Committee launched an inquiry into IT failures across major banks. The inquiry uncovered over 803 hours – equivalent to more than 33 days – of unplanned ...

Industry groups in the UK have called on the Bank of England to scrap plans for stablecoin holding caps, arguing the policy ...

Industry groups say the Bank of England’s proposed stablecoin caps are heavy-handed, hard to enforce and risk harming savers ...

Serge Beck, the founder and CEO of Omniwire, is driven by his belief that people deserve robust and secure financial services. As customers demand speed, personalization and real-time access—and ...

LONDON (Reuters) -Sterling held steady against the dollar as UK inflation data reinforced expectations that the Bank of ...

Sharon Donnery, a member of the European Central Bank ’s banking supervisory board, has said the current drive to simplify ...