UK banks develop positive attitude toward open banking adoption
An international study found that many believe the technology to be important to their businesses in the post-pandemic recovery...
Tag : UK
Monzo’s annual loss more than double; Monzo Plus performs well
The digital bank has said that the pandemic’s uncertainty might affect its operations...
UK fintech funding drops 39% in H1 2020: Research
It is reported that the UK economy is not expected to hit a full recovery for the next few years...
UK-listed renewable energy stocks climb 170% for 2020
A new research shows that annual investments of $350 billion is required for the country to meet Paris Agreement goal...
UK businesses expect downsizing in the coming months: Research
An independent survey conducted by Accumulate Capital found that 73 percent of senior decision-makers expect businesses to downsize...
JP Morgan seeks to launch its first digital bank in 2021
The bank has reportedly signed a deal with Amazon Web Services for its cloud requirements and 10x Future Technologies for its digital infrastructure...
European proptech platform Offr secures £2.7 mn in seed funding
The funding round was led by Barclays...
Global fintech sector records 20% drop in investment in H12020
Fintechs raised $8.8 bn during the period...
Notable shift in digital payments is observed: Research
A new report from payments company Square found that fewer than one in four payments are being made in cash in the UK...
UK telecom watchdog seeks to put a cap on termination rate
The pandemic has seriously affected 21 percent of telecoms and IT startups in the country...