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

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 ...

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 ...

Legacy technology systems and infrastructure may be keeping banks from meeting growing customer demand for digital banking, according to new research from Baringa, a leading global management ...

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 ...

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

The regulator has unveiled consultation on minimum standards as the UK battles to establish itself as a hub for digital ...

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 ...

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

Plans by the Bank of England to limit the amount of stablecoins held trigger a crypto backlash and concerns of UK regulatory ...

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