Rachel Reeves’ financial services growth mission faces a major blow with top City voices warning her regulatory reforms won’t ...

Bank of England Deputy Governor Sam Woods on Wednesday rejected calls from the banking industry to further relax rules on ...

The Bank of England (BoE) continues to shape the United Kingdom’s monetary and financial industry through extensive research, reliable payments systems, and updated analytical frameworks. Three recent ...

UK Prime Minister Sir Keir Starmer’s recent visit to India has reignited interest in its pioneering biometric identification ...

Core banking systems can trace their origins 50 years ago to independent, branch-specific solutions running on IBM computers using legacy languages like RPG, COBOL, and Assembler. The branch bank ...

This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor. This article was co-authored by Ram Devanarayanan, head of business ...

A massive global tech outage has left thousands of UK banking customers unable to access their accounts, as services from ...

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 ...

The Bank of England has completed the replacement of the UK financial system’s “beating heart”, and is making good progress in its goal of providing “silent operations”. Its replacement of the ...

As part of a tech arms race, banks are also using artificial intelligence to stop scams with increasing effectiveness ...

A contentious UK law forcing banks to reimburse scam victims has been declared a success after its first year, with £159.2 million ($320 million) paid out during the first half of the year and the ...