LiftVector UK - News for Aviation operators and industry decision-makers
United Kingdom

Financial Conduct Authority Stories

UK Stories

Financial Conduct Authority stories

Brite launches Pay by Bank in UK after FCA licence
Fintech

Brite launches Pay by Bank in UK after FCA licence

UK merchants can now offer bank-based checkout across 27 European markets, as Brite enters one of the region's most mature open banking hubs.

By Karen Joy Bacudo • 4 min read • 3 days ago
NatWest tests AI spending insights & fraud support
Data Protection

NatWest tests AI spending insights & fraud support

Customers will be able to query spending patterns in natural language as the bank expands in-house AI after launching fraud triage support.

By Karen Joy Bacudo • 4 min read • 2 days ago
iFAST Global Bank launches payment collection tool for SMEs
Fintech

iFAST Global Bank launches payment collection tool for SMEs

Small firms using sterling payments can now track incoming money in one dashboard, as the bank aims to cut manual reconciliation.

By Karen Joy Bacudo • 3 min read • Last week
ClearToken wins Bank of England approval in sandbox
Fintech

ClearToken wins Bank of England approval in sandbox

The sandbox approval lets the firm settle tokenised FTSE 350 equities and bonds under Bank of England limits, boosting UK market infrastructure.

By Karen Joy Bacudo • 4 min read • Last week
GoCardless processes UK's first agentic charity payment
Fintech

GoCardless processes UK's first agentic charity payment

A regulated trial has shown how AI could streamline monthly giving while keeping donors in control of approval and spending limits.

By Karen Joy Bacudo • 4 min read • Last week
MaxContact launches Auto QA amid FCA compliance gap
Customer Experience

MaxContact launches Auto QA amid FCA compliance gap

More than half of UK contact centre managers have found compliance breaches outside routine checks, heightening FCA scrutiny risks for firms.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Ecommpay shortlisted for UK PayTech award on AI push
Data Analytics

Ecommpay shortlisted for UK PayTech award on AI push

Declined card payments can cost online merchants sales and repeat custom, making Ecommpay's AI-driven checkout tools a commercial focus.

By Sofiah Nichole Salivio • 3 min read • Last month
UK firms still rely on manual finance admin, study
Digital Transformation

UK firms still rely on manual finance admin, study

Many finance teams are losing up to 39 hours a month to reconciliation and banking admin, exposing a stubborn automation gap.

By Karen Joy Bacudo • 4 min read • Last month
Britons turn to AI for finance advice as much as parents
Digital Transformation

Britons turn to AI for finance advice as much as parents

A survey of 2,000 adults suggests AI is overtaking friends and media as a source of money help, despite lingering doubts over accuracy.

By Karen Joy Bacudo • 4 min read • Last month
Cloudhouse launches Guardian Essentials for audits
Hybrid Cloud

Cloudhouse launches Guardian Essentials for audits

Enterprises under audit pressure can now trace unauthorised IT changes in days, as the tool connects to existing ServiceNow and AWS data.

By Joseph Gabriel Lagonsin • 4 min read • Last month
ZYMIX picks Mangopay for UK super app wallet launch
Digital Transformation

ZYMIX picks Mangopay for UK super app wallet launch

UK students could soon split tickets, taxis and shared costs inside one app as ZYMIX embeds Mangopay's wallet infrastructure from launch.

By Sofiah Nichole Salivio • 4 min read • Last month
UK finance roadmap tests digital markets ambitions
Fintech

UK finance roadmap tests digital markets ambitions

Its success will hinge on interoperability, resilient operations and matching Europe's pace as tokenised markets move closer to scale.

By Sofiah Nichole Salivio • 4 min read • Last month
Spektr adds AI tools to anti-money laundering platform
Software-as-a-Service

Spektr adds AI tools to anti-money laundering platform

Banks are under pressure to prove anti-money laundering controls after FCA fines topped GBP £300 million since 2021.

By Karen Joy Bacudo • 3 min read • Last month
NatWest launches Be My Eyes pilot for blind customers
Data Protection

NatWest launches Be My Eyes pilot for blind customers

Blind and low-vision customers will be able to complete routine banking tasks by video call without visiting a branch, as NatWest tests the service.

By Karen Joy Bacudo • 3 min read • Tue, 25th Aug 2026
UK credit card payment rates fall as balances rise
Risk & Compliance

UK credit card payment rates fall as balances rise

Rising debt burdens and weaker repayment rates are increasing pressure on households, with average active balances hitting a record GBP £1,975.

By Sofiah Nichole Salivio • 4 min read • Mon, 24th Aug 2026
Know your business (KYB) for UK firms
Fintech

Know your business (KYB) for UK firms

Relying on Companies House alone can leave UK firms exposed to hidden ownership, weak screening and regulatory scrutiny.

By Barley Laing • 5 min read • Mon, 17th Aug 2026

Global Stories

Financial Conduct Authority stories

Ecommpay warns AI checkout could exclude vulnerable users
Fintech

Ecommpay warns AI checkout could exclude vulnerable users

More than half of consumers are vulnerable to some degree, raising fears that AI-led checkout could leave many unable to complete payments.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Intelligent flexible Payments: A new approach to reducing preventable debt
Fintech

Intelligent flexible Payments: A new approach to reducing preventable debt

Households could benefit from payment plans that match irregular incomes, as energy suppliers seek to curb rising arrears and debt.

By Graham Scanlon • 5 min read • Wed, 26th Aug 2026