The FCA is joining forces with technology development giant #NVIDIA partner to enable banks and fintechs to safely experiment with #AI to support innovation. https://t.co/jjYOCzcAZf
What is Digital Company ID? CFIT’s blueprint for fraud prevention
The Centre for #Finance, #Innovation, and #Technology (#CFIT) has published a #DigitalCompanyID plan to crack down on #fraud and support UK businesses.
https://t.co/abMKILZdPj
Chancellor @RachelReevesMP has appointed Lord Vallance Oxford-Cambridge Growth Corridor Champion.
He will work with local leaders to build the infrastructure and partnerships needed to join up the region’s academia, investors and business.
Boosting growth, innovation & jobs.
@sriramk@DavidSacks@realDonaldTrump This is an incredible opportunity @sriramk and I have no doubt you will be fantastic. Hope we can keep strong links between the UK and US in advancing thinking and progress in AI. @CFIT_UK.
📣 Raidiam has appointed @ccrosswell as its new executive chair.
Read more about Charlotte Crosswell's appointment at the 🔗
#OpenFinance#OpenData
https://t.co/E1iX6dS5gT
Open banking is used by over 10 million people in the UK and has generated over 4,800 skilled jobs in the last year alone.
The Data Bill will expand smart data schemes like open banking to other sectors, kickstarting innovation, boosting competition and growing our economyOpen banking is used by over 10 million people in the UK and has generated over 4,800 skilled jobs in the last year alone.
The Data Bill will expand smart data schemes like open banking to other sectors, kickstarting innovation, boosting competition and growing our economyOpen banking is used by over 10 million people in the UK and has generated over 4,800 skilled jobs in the last year alone.
The Data Bill will expand smart data schemes like open banking to other sectors, kickstarting innovation, boosting competition and growing our economyOpen banking is used by over 10 million people in the UK and has generated over 4,800 skilled jobs in the last year alone.
The Data Bill will expand smart data schemes like open banking to other sectors, kickstarting innovation, boosting competition and growing our economyOpen banking is used by over 10 million people in the UK and has generated over 4,800 skilled jobs in the last year alone.
The Data Bill will expand smart data schemes like open banking to other sectors, kickstarting innovation, boosting competition and growing our economy.
breaking: Donald Trump’s team is holding discussions with the digital asset industry about whether to create a new White House post solely dedicated to crypto policy https://t.co/hgj24UxCp7
It was a privilege to be part of @TheFCA Innovation’s 10th Year Anniversary Celebration yesterday and hosting a panel discussion together with @ccrosswell@InnFin@gatesfoundation@philip of Zlich
📢 Announced at International Investment Summit: we will create a new vehicle, the British Growth Partnership (subject to regulatory approval) encouraging more UK pension fund investment into the UK’s fastest growing, innovative companies
👉 https://t.co/57KgwGK4ac
#UKInvestment
I’m delighted @PoppyGustafsson has joined the Government as our new Minister for Investment.
Together, we will bring investment back to Britain and make every part of the country better off. https://t.co/iYhALY0LSl
Thank you @ComputerWeekly for including me in your 50 most influential women in UK tech helping to lead the industry forward. I am honoured to be part of the group, many of which are peers, former colleagues and friends. Never underestimate the power of a women’s network.
The SME Finance Taskforce report, Smart Data: improving SME lending to drive economic growth, sets out a clear 7-point Action Plan to energise small business lending in the UK by unlocking business data and expanding data sharing schemes.
Nick Davey, OBL Senior Strategy and Policy Lead, and Secretary to the Taskforce, also sets out how improved data validation can help tackle fraud.
Read the article here > https://t.co/NCfmtQ9Z7t
#SmartData #OpenBanking #Payments #TechInnovation #Innovation #SMEFinance #BusinessBorrowing #SMEs #Fraud #Insurance #Utilities @CFIT_UK@ccrosswell@cityoflondon@EzechiBritton
We are pleased to share an update on our ongoing efforts to combat economic crime and enhance digital verification. Our second coalition, which brings together leaders from finance, regulation, and technology, will create innovative solutions that will protect businesses and consumers across the UK.
With fraud costing the UK economy billions annually, and with nearly £1.2 billion stolen from consumers in 2023 alone, our coalition’s work is more critical than ever. We are committed to developing robust, data-driven initiatives that will strengthen our financial defences, improve business legitimacy checks, and create a more secure and resilient economy.
We are grateful to all our partners, including @awscloud, A&O Shearman, @Barclays, CRIF, @DunBradstreet, @Experian, @EYnews, @TheFCA, @GLEIF, @HSBC, @LBGplc, @MastercardUK, @monzo, @NatWestGroup, @ThePSR, @RevolutApp, @santanderuk, and @getyoti, for their contributions so far.
As we continue to build on this momentum, stay tuned for our interim findings coming in November and the final blueprint report in March 2025.
Follow the link below to learn more and join the discussion 👇
https://t.co/Bkxs41DJSI
#EconomicCrime #FraudPrevention #FinancialSecurity #UKFintech #CFIT