Skip to content

Clear reporting on the money systems that shape UK households and businesses.

On our radar

  • Banking
  • Payments
  • Lending
  • Investing
  • Insurance
  • Regulation
Front page

Top stories

All
An enormous bank card stands like a door in a bare room, keys still hanging from a keyhole cut into it, with one sealed envelope on the floor beside it.
Fraud & Cybersecurity

Young UK adults report far more bank account takeover

Outseer says 21.0% of UK respondents aged 18–24 reported experiencing account takeover, against 2.1% of those aged 65 and over. The survey's missing age-group bases and recall period matter more than the tenfold headline.

A giant brass key hangs on a hook at the front of a bare corridor lined with identical shut doors, each with an empty board above it.
Fintech News
02

Revolut wins Gibraltar crypto licence for global expansion

The Gibraltar Financial Services Commission has authorised Revolut Global Digital Assets Limited to handle virtual asset orders, custody and staking. Revolut has not named target markets or launch dates, and says UK crypto remains with Revolut Ltd.

An enormous card payment terminal alone in a bare shop, its card slot covered by a plain metal plate, with a bank card lying on the floor beneath it.
Digital Banks
03

Revolut back online after Google Cloud London outage

Revolut's UK status page showed all systems operational late on 20 October 2026, after disruption earlier that day to card payments, transfers, cash withdrawals and app sign-in during a Google Cloud incident in London.

News desk
Latest dispatches

What is moving money now

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

View all
  1. 01 / UK Fintech

    Investors warn bank tax rises could squeeze fintech funding

    Ahead of the 28 October 2026 Budget, investors say higher bank taxes would reach fintech through partnerships and venture debt. Here is the current UK tax position, and what the evidence does and does not establish.

  2. 02 / Regulation & Policy

    What sovereign cloud means for UK bank customer data

    Starling says its new transaction AI model was trained on UK sovereign cloud. Hosting location answers only part of the customer-data question: legal control, administrator access and recovery arrangements matter as much.

  3. 03 / Fintech News

    Morgan Stanley enters UK savings market through Raisin

    Raisin says UK savers can now open fixed-term deposits provided by Morgan Stanley Bank International Limited, from 4.35% to 5.10% AER on rates observed on 20 October 2026. The product terms that govern early access were not obtained during this research.

  4. 04 / Regulation and policy

    FCA flags poor AI practice and calls for clearer warnings

    The FCA has set out what it considers good and poor practice in firms' use of AI, citing untested outputs, excluded vulnerable consumers and governance bolted on after launch. It also wants AI providers to spell out the limits of what their models say about money.

Keep reading

More from the desk

Browse the archive
An enormous shop card reader built into a wall, with a coin-operated turnstile at its foot and a row of upright bank cards queuing to get through.
Payments

CMA proposes cheaper iPhone contactless access for UK rivals

The CMA wants Apple to open iPhone contactless to rival wallets on fair, cheaper terms, and says no competing iPhone contactless wallet has launched using the existing UK arrangements. It is a proposal: the consultation closes on 17 November 2026.

A giant rubber stamp stands on a desk next to an overflowing wire tray of invoices, its stamping face turned outward and entirely blank.
Payments

SAP Pay opens to UK businesses inside SAP Cloud ERP

SAP says SAP Pay is now generally available to UK users of SAP Cloud ERP, moving approved invoices into payment and reconciliation in one workflow. Its payments subsidiary Tereina has yet to be matched to a UK regulatory record.

A padlocked turnstile stands alone in an empty shopfront, with a betting slip wedged halfway into its token slot.
UK Fintech

FCA talks leave Polymarket and Kalshi short of a UK route

The FCA has reportedly engaged with prediction-market operators as Polymarket and Kalshi consider UK entry, but the UK's retail binary-options ban and separate Gambling Commission licensing rules mean a launch is far from assured.