We are using cookies to give you the best experience on our website. You can find out more about which cookies we use in our Privacy Policy. Accept and Close

Payments & Financial Services

Taxing times: SMEs cautious about open banking

The UK government is exploring how technology can streamline tax administration. But HMRC must not add more burden to a community that is already being battered by COVID-19 and Brexit. […]

Data standards published for UK pensions dashboards

Data standards have been published to create “pensions dashboards” for UK citizens. The tool will enable people to access their personal pensions data – including about their state pension – […]

UK international trade department unveils fintech match-making initiative

The UK’s Department for International Trade (DIT) has launched a campaign to encourage international financial institutions (IFIs) to invest in British fintech. As part of the scheme, DIT will build […]

HMRC explores the potential of open banking to ‘streamline’ tax

The UK’s HM Revenue & Customs (HMRC) is investigating how it can use small businesses’ and self-employed individuals’ real-time financial transaction data, obtained with their permission through open banking, to […]

Bank of England moves to ‘unlock potential’ of cloud

The Bank of England (BoE) appointed Appvia, a London-based cloud services start-up, to help it integrate cloud technology across its operations last week. The BoE’s head of digital platforms, Oliver […]

Singapore grants non-banks access to e-payments infrastructure

Singapore’s central bank is opening up its retail payments infrastructure to non-banks from February 2021 to simplify e-payments for consumers and businesses. The Monetary Authority of Singapore (MAS) announced on Monday that […]

Tallinn tales: Estonia’s role in developing the digital euro

Rainer Olt is leading research on digital currency technology for Estonia’s central bank. In an interview with Ian Hall, he talks blockchain, privacy and instant payments Estonia boasts a well-forged reputation […]

Brazil central bank launches instant payments system ‘Pix’

Brazil’s central bank launched a state-run instant payments platform this week for citizens, the private sector and government entities. The scheme, known as Pix, is part of Agenda BC#, which […]

Switzerland launches Green Fintech Network

Switzerland’s government has launched a Green Fintech Network to identify and propose new measures that will improve the operating environment for start-ups involved with sustainable finance and tech. The network […]

Regulators launch global fintech sandbox

More than 20 regulators from countries including the UK, Canada, USA and Australia have opened applications for a global fintech “sandbox” following a trial last year. Sandboxes allow fintechs and […]