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AJ Bell is set to launch a new, app-only investment platform for retail investors. The Manchester-based brokerage said the new platform, named Dodl by AJ Bell, will have an annual charge of 0.15 per cent and no commission for buying or selling investments.
29/11/2021

The Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA), and the Pensions Regulator, have published reports setting out how climate change impacts each organisation’s responsibilities and the actions they are taking, along with the industry, in response.
29/10/2021

El Salvador has adopted Bitcoin as legal tender, making it the first country in the world to do so. Businesses will be legally obligated to accept the currency for all goods and services, and it will also be used for taxes.
07/09/2021

55 per cent of British employees say the pandemic has made them more aware of the importance of saving for the future, according to research from Cushon. The study, which surveyed 2,000 UK employees in May, found that only 11 per cent feel like they cannot afford to save money at the moment.
4/8/2021

Lloyds Banking Group has announced it is buying investment and retirement platform Embark for £390 million. The acquisition will enable Lloyds to “re-platform” its pensions and retirement platform and address the mass market and self-directed wealth segment, completing its wealth proposition.
29/7/2021

Yapily, an Open Banking infrastructure provider, has raised $51 million in Series B funding. The round takes total investment in the London headquartered company to date to $69 million.
21/07/2021

The Financial Conduct Authority (FCA) has said that Open Finance, the extension of Open Banking-like data-sharing to a wider range of financial products, could offer “significant benefits” following a Call for Input.
29/3/2021

Online pension consolidator PensionBee is planning an initial public offering (IPO) on the London Stock Exchange (LSE) at a potential valuation of £350m. Over 8,000 customers have registered their interest in purchasing shares via retail investing platform PrimaryBid.
24/03/2021

PensionBee has announced that it could give its customers the opportunity to become shareholders as part of plans to float on the London Stock Exchange. The digital pensions platform, founded in 2014, said that if it does decide to proceed with the IPO, the move would provide the opportunity for its customers to share in the next phase of its growth.
15/02/2021

Starling Bank has linked its sole trader and self-employed accounts to the PensionBee offering so customers can set up a pension directly from their bank accounts. PensionBee has been added to Starling's Business Marketplace where customers can link to third-party products and services.
28/1/2021

The Financial Conduct Authority (FCA) has set out changes to the UK’s regulatory environment following the end of the Brexit transition period. The regulator released new guidance on changes for the UK’s financial services industry after the Brexit transition period came to a close on 31 December 2020, meaning EU law no longer applies in the UK.
4/01/2021

Moneyhub has added Citibank to its Open Banking integration platform.Citibank’s tie up with Moneyhub, an Open Finance data, intelligence and payments platform is the banking group’s first Third Party Provider (TPP) integration.
9/12/2020

Starling Bank has added leading digital wealth manager Nutmeg to its marketplace to connect customer banking to investment accounts and pensions. The digital bank’s fast-growing marketplace uses APIs to connect customers to other financial services and apps.
3/12/2020

There must be tighter integration of cross-sector data and wider participation to achieve successful Open Banking ecosystems, according to leaders across financial business.
3/12/2020

The Coalition for a Digital Economy (Coadec) has advised that the UK government and regulators take a new approach to Open Finance. Coadec has published a report that calls for regulators to “end their overly-standardised” process and instead take an “Australia-style, market-led” approach to Open Finance.
24/11/2020

Creating value together: Strategic partnerships in the age of GCCs
As Global Capability Centres reshape the financial services landscape, one question stands out: how do leading banks balance in-house innovation with strategic partnerships to drive real transformation?

Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.

Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.