Bank of England stories
Most UK lenders now face overlapping FCA, PRA and data rules on AI, as 75 per cent of firms already deploy the technology.
Its growth mirrors the shift of UK private equity from a niche source of finance to a mainstream market, with ECI now managing around GBP £3 billion.
Peers say proposed caps and reserve rules could leave GBP stablecoins at a disadvantage, as the Bank of England finalises draft regulations.
The next phase could ease delays and settlement risk in wholesale cross-border transfers as Project Agorá moves to real-value testing.
AI attacks are pushing firms to prioritise cyber resiliency, as Everpure warns downtime can exceed ransom demands by up to 75 times.
The update aims to curb bad answers and compliance risk for banks and other regulated users as enterprise AI rolls out more widely.
Sustained assaults are disrupting online banking and payments as EMEA becomes the main target for DDoS campaigns against lenders.
Fragmented controls are leaving banks and fintechs exposed as AI adoption outpaces oversight, according to new research from Zango.
Businesses face higher operational and cybersecurity risks as Anthropic's agents let non-technical teams build software that can act across systems.
Banks face a shrinking window to harden legacy systems as cheap AI tools make vulnerability hunting and repeat attacks far easier for criminals.
Banks and insurers face tighter resilience checks as four cloud providers come under joint UK supervision for the first time.
Limits on systemic issuers aim to shield credit supply as the Bank prepares a new regime for sterling stablecoins used in payments.
The North's fintech sector now employs 20,000 people directly, as FinTech North returns to Leeds to mark its 10th anniversary.
Banks may avoid building separate systems for stablecoins, tokenised deposits and CBDCs as UK regulators back tokenisation in wholesale markets.
Recurring bank payments could soon replace some cards and direct debits as UK Payments Initiative rolls out a new open banking scheme.
Firms seeking certainty on digital asset rules have been invited to shape how UK wholesale markets adopt tokenised securities, collateral and settlement.
The integration aims to help SMEs spot credit issues earlier, as approval rates fall and a GBP £22 billion funding gap persists.
Businesses face tighter reporting and new rules as ministers move to overhaul cyber security, AI oversight and digital identity regulation.
Businesses warn delays could push stablecoin activity overseas, as a coalition presses ministers and regulators for clearer UK rules and tax treatment.
UK regulators are racing to assess whether Anthropic’s Mythos model could speed up attacks on banks and unsettle financial stability.