Lloyds Banking Group expands its partnership with Broadcom to boost cloud and mainframe infrastructure for millions of UK ...

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 ...

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

The Bank of England has renewed its partnership with Accenture to overhaul the Real-Time Gross Settlement (RTGS) service, the ...

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 ...

NatWest says it is the first UK bank to join the UK Open Banking DPS or Dynamic Purchasing System. As explained by the UK government: “… frameworks – otherwise known as agreements – help public and ...

While Revolut has been operating in the UK since 2015, it has never been a bank. It could not be called one in the UK, because it did not have a licence to be one. In 2021,the finance app applied for ...

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

FT reports Bank of England’s plan to cap systemic stablecoin holdings faces pushback from Coinbase and UK trade groups over enforcement and competitiveness.

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