UK banks and the wider financial services sector in the UK are taking measures to protect their employees’ mental health, according to Mental Health First Aid England.

The new regulation indicates increasing market maturity and creates a higher bar for compliance, levelling the playing field.

Many banks are struggling to meet the deadline for adoption of ISO 20022 for cross-border payments.

Crypto opportunities and greater UK-focused regulation lie ahead as the UK Financial Services and Markets Bill clears the last hurdles. 

Declining risks in the provision of digital business loans will help them flourish. 

Robust cloud-based payments systems are seen as a crucial way for incumbent banks to compete more effectively with fintech start-ups.

A start-up mindset and patents fuel a culture of innovation at Bank of America – a working environment that will become ever more important for banks as CBDCs gain prominence.

Unveiled at Davos, UDPN, a global messaging network supporting digital currency systems, has already been tested by several leading banks.  

Allianz Trade, Santander CIB and B2B e-commerce platform Two have expanded their buy now, pay later service to enable payments for large retailers.

An investigation into allegedly unfair interchange fees charged by the two main card providers in the UK has been launched with a focus on driving down costs that are stifling the innovation of fintech start-ups.