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2 weeks ago | 
thefintechtimes.com | Tom Bleach
The Financial Conduct Authority (FCA) is teaming up with technology development giant NVIDIA, launching a new sandbox environment to help fintechs and banks experiment safely with AI to support innovation. Through a new initiative dubbed the ‘Supercharged Sandbox’, the FCA is enabling UK banks and finance firms to test various AI solutions using NVIDIA accelerated computing and NVIDIA AI Enterprise Software.
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3 weeks ago | 
thefintechtimes.com | Tom Bleach
The Financial Conduct Authority (FCA) has proposed lifting its existing ban on offering crypto exchange traded notes (cETNs) to retail investors in a move it says would support UK growth and competitiveness. Crypto ETNs are investment products that enable consumers to invest in cryptocurrencies, without buying or storing the crypto themselves.
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3 weeks ago | 
thefintechtimes.com | Tom Bleach
The Financial Conduct Authority (FCA) has unveiled new proposals for issuing stablecoins, which aim to support innovation in the UK cryptoasset sector and help UK cryptofirms compete internationally. New FCA crypto and stablecoin proposals would require firms providing crypto custody services, who have responsibility for keeping consumers’ crypto safe, to ensure they are effectively secured and can be easily accessed at any time.
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1 month ago | 
thefintechtimes.com | Tom Bleach
Criminals stole over £1billion through fraudulent methods in 2024, although banks prevented even more, according to a new fraud report. In its latest annual fraud report for 2024, UK Finance, the British trade association for the UK banking and financial services sector, breaks down the prevalence of payment fraud last year according to its members. It found that criminals stole £1.17billion through unauthorised and authorised fraud in 2024, a statistic broadly unchanged from 2023.
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1 month ago | 
thefintechtimes.com | Tom Bleach |Oscar Orellana-Hyder
Oscar Orellana-Hyder on how rising risk and regulation are driving up pay, and sparking fierce demand for talent in UAE crypto firms.
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1 month ago | 
thefintechtimes.com | Tom Bleach
Cyprus is aiming to drastically reposition itself as a global tech and innovation hub, with a strategic plan to further diversify its economy, bolster its local startup ecosystem, and attract investment from all over the world. With countries from every region in the world vying to do the same, I visited 2025âs Reflect Festival in Limassol, Cyprus, to gain insight into the countryâs plans to significantly boost its economy.
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1 month ago | 
thefintechtimes.com | Tom Bleach
Payments giant Visa unveiled a number of AI-enabled advancements at its Global Product Drop, alongside expanded stablecoin partnerships, as it looks to position itself as a key enabler of the AI-driven future of digital commerce. Kicking off its Product Drop, Visa revealed how combining AI and digital commerce could drastically change how consumers discover and buy products and services.
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2 months ago | 
thefintechtimes.com | Tom Bleach
At the eleventh edition of Innovate Finance Global Summit (IFGS) in London, Chancellor of the Exchequer Rachel Reeves took to the stage, announcing new draft legislation for a comprehensive crypto asset regime which promises to drive economic growth and better protect consumers in the UK.
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2 months ago | 
thefintechtimes.com | Tom Bleach
Despite inflation easing in recent weeks, demand for affordable short-term credit options remain high, and 15 per cent of the UK population will likely need to borrow to get by over the next six months, according to new research by responsible lender Creditspring. With around 7.6 million UK adults needing to borrow money in the next six months, Creditspring has revealed that, since its launch in September 2018, it has provided over £500million in affordable short-term loans to borrowers.
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2 months ago | 
finance.einnews.com | Tom Bleach
Embedded finance is rapidly changing the way consumers and businesses alike interact with financial services. As traditional banking processes are replaced by more integrated financial solutions, companies across industries are embedding payment processing, lending, insurance, and investment services directly into their platforms.
