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Fintech News

Adyen nominates Klarna CFO Niclas Neglén for 2027 start

Adyen has nominated Klarna finance chief Niclas Neglén as its next CFO from 1 February 2027, subject to Dutch regulatory and shareholder approval, with its financial objectives unchanged.

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AI & Finance
02

Form3 gives banks read-only AI access to payment data

Form3 has launched an adaptor letting authorised AI agents read but not act on payment data, a cautious opening move that leaves UK banks' governance duties unchanged.

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Fraud & Cybersecurity
03

HSBC and Citi back IPID's US$16m payment-verification round

HSBC and Citi have backed a US$16m funding round for IPID, a payment-verification firm whose cross-border checks sit alongside, rather than replace, the UK's Confirmation of Payee scheme.

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Latest dispatches

What is moving money now

Essential reporting and plain-English analysis from across UK finance.

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  1. 01 / AI & Finance

    MyComplianceOffice secures $100m+ debt financing for growth

    MCO has raised more than $100m in debt financing from Accel-KKR Credit Partners to fund growth, including AI-powered compliance tools, but has disclosed no UK-specific rollout plan.

  2. 02 / UK Fintech

    International bank executives no longer take UK for granted

    UK Finance and Norton Rose Fulbright report that several of 14 interviewed bank executives no longer automatically choose the UK as their base. The evidence is narrower than that headline suggests, and sits alongside a sharp UK fintech funding fall ahead of the 28 October Budget.

  3. 03 / Lending

    Oxbury Bank secures up to £500m guarantee for farm lending

    The British Business Bank has agreed a guarantee transaction of up to £500m with Oxbury Bank to back farm lending, but key figures on risk-sharing remain undisclosed.

  4. 04 / Payments

    Mastercard and Danske Bank complete an AI agent payment

    Mastercard and Danske Bank say an AI agent booked and paid for a Danish coffee tasting with explicit consumer consent. Here is what UK payment rules would require before this becomes routine.

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AI & Finance

Pay.UK's AI payment marker leaves liability unanswered

Pay.UK is exploring AI infrastructure monitoring and a marker to flag human versus AI-agent payments. Neither idea, nor UK law, yet settles who pays when an agent gets it wrong.

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Fintech for Business

Teya launches 3% business savings pots through ClearBank

Teya has added instant-access Savings Pots paying 3% AER variable to its Business Account app, provided by ClearBank, with FSCS protection that does not extend to Teya's ordinary e-money balance.

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UK Fintech

UK banks complete first live tokenised deposit transactions

Lloyds, NatWest, Barclays and HSBC UK completed live interbank tokenised deposit transactions in remortgages and a person-to-person payment, UK Finance said on 24 September 2026.