uk

BoE Urges UK Payment Firms to Upgrade Operational Resilience

BoE Urges UK Payment Firms to Upgrade Operational Resilience
BoE Urges UK Payment Firms to Upgrade Operational Resilience
April 30, 2024  |  Payments As A Service

Are companies offering payments services in Great Britain prepared for disruptions such as cyberattacks? Sasha Mills, executive director for financial market infrastructure (FMI) at the Bank...

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Iris Partners With Amazon Business on Procurement for UK Schools
Iris Partners With Amazon Business on Procurement for UK Schools
April 26, 2024  |  Partnerships

Iris Software Group has launched an integration with Amazon Business that will help schools in the United Kingdom streamline and automate their purchasing process.  This integration will...

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This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
This Week in AI: Beyond LLMs, AI Forklifts, Weather Forecasting
April 26, 2024  |  Artificial Intelligence

This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information...

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As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry Braces for Impact
As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry Braces for Impact
April 24, 2024  |  Artificial Intelligence

British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing...

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FI Operational Resiliency Goes Proactive as UK Regulations Loom
FI Operational Resiliency Goes Proactive as UK Regulations Loom
April 22, 2024  |  Legal & Regulation

Bad things can happen to good companies. And with the news Friday (April 12) that instant money movement platform TabaPay is acquiring Synapse’s assets following the latter’s bankruptcy, operational...

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PayPal Leads $19 Million Series A for B2B Card Platform Pliant
PayPal Leads $19 Million Series A for B2B Card Platform Pliant
April 17, 2024  |  Investments

B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s...

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UK Drafting AI Regulations, But Not Rushing to Introduce Them
UK Drafting AI Regulations, But Not Rushing to Introduce Them
April 15, 2024  |  Artificial Intelligence

The United Kingdom has reportedly begun to draft regulations to govern artificial intelligence (AI). Policy officials are in the early stages of drafting legislation, but...

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UK Plans Stablecoin, Crypto Staking Legislation For Summer
UK Plans Stablecoin, Crypto Staking Legislation For Summer
April 15, 2024  |  Cryptocurrency

The British government is reportedly readying legislation for stablecoins and crypto staking, exchange and custody.  “We are now working at pace to deliver the legislation to put...

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